Convenient, secure banking when and where you need it
Horizon Bank App Upgrade News: If your phone is set up to auto update you will see the new app, if not, try installing the new app from your app store. Contact your local branch if you need help.
Get the peace of mind that comes from knowing that your rate and payment remain the same for a fixed period of time
Home Loans |
|
|---|---|
| Minimum amount : | $50,000 |
| Maximum amount : | 80% of property value. 95% of property value with mortgage insurance. |
| Loan period : | Up to 30 years |
| Repayments : | Weekly, fortnightly or monthly |
| Interest only available : | No |
| Additional repayments accepted : | Yes |
| Redraw available : | Yes |
| Redraw Fee : | $0 |
| Minimum redraw amount : | No minimum |
| Offset account available : | Yes |
| Offset account fee : | $150 |
| Establishment fee : | $350 |
| Monthly Fee : | $0 |
| Annual fee : | $0 |
| Interest : | Calculated daily, charged monthly |
| Top up facility : | No |
| Administration fee : | 0 |
| Early Payout Fee : | Yes |
| Fixed | LVR | Interest rate p.a. | Comparison rate p.a. |
| 1 Year | <=70% | 4.94% p.a. | 5.74% p.a. |
| 2 Years | <=70% | 4.84% p.a. | 5.65% p.a. |
| 3 Years | <=70% | 4.84% p.a. | 5.58% p.a. |
| 5 Years | <=70% | 5.44% p.a. | 5.70% p.a. |
| 1 Year | >70% | 5.09% p.a. | 5.89% p.a. |
| 2 Years | >70% | 4.99% p.a. | 5.80% p.a. |
| 3 Years | >70% | 4.99% p.a. | 5.72% p.a. |
| 5 Years | >70% | 5.59% p.a. | 5.85% p.a. |
You will need to adjust the interest rate below to provide an indication of results.
