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
Investment Loans |
|
|---|---|
| Minimum amount : | $50,000 |
| Maximum amount : | 80% of property value. 95% of property value with mortgage insurance. |
| Loan period : | Up to 30 years |
| Redraw facility : | Yes |
| Minimum redraw amount : | No minimum |
| Repayments : | Weekly, fortnightly or monthly |
| Interest : | Calculated daily, charged monthly |
| Offset account : | Yes - $150p.a |
| Top up facility : | No |
| Additional repayments accepted : | Yes |
| Establishment fee : | $350 |
| Administration fee : | $0 |
| Redraw fee : | $0 |
| Monthly fee : | $0 |
| Early Payout Fee : | Yes |
| Fixed | LVR | Interest rate p.a. | Comparison rate p.a. |
| 1 Year | <=70% | 5.19% p.a. | 5.99% p.a. |
| 2 Years | <=70% | 5.09% p.a. | 5.90% p.a. |
| 3 Years | <=70% | 5.09% p.a. | 5.82% p.a. |
| 5 Years | <=70% | 5.69% p.a. | 5.95% p.a. |
| 1 Year | >70% | 5.34% p.a. | 6.14% p.a. |
| 2 Years | >70% | 5.24% p.a. | 6.05% p.a. |
| 3 Years | >70% | 5.24% p.a. | 5.97% p.a. |
| 5 Years | >70% | 5.84% p.a. | 6.09% p.a. |
You will need to adjust the interest rate below to provide an indication of results.
