Horizon Bank
First Home Buyer Loan
Our competitive variable rate loan for first home buyers
Home loansBank updated 22 May 2026
At a glance
- Variable (owner occ. P&I)
- 5.74% · 5.74% comparison
- Max LVR
- 95%
- Features
- offset, redraw, extra repayments
§ 01 — Rates · 2
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableFor Owner Occupier loan purpose with Principal and Interest repayments. The comparison rate is based on a $150,000 secured loan for a term of twenty five years for all home loans. WARNING: This compa… | Owner occupied · P&I | — | ≤70% LVR | 5.74% | 5.74% | — |
| VariableFor Owner Occupier loan purpose with Principal and Interest repayments. The comparison rate is based on a $150,000 secured loan for a term of twenty five years for all home loans. WARNING: This compa… | Owner occupied · P&I | — | 70–90% LVR | 5.89% | 5.89% | — |
§ 03 — Features
Offset accountRedrawExtra repaymentsInstant paymentsDigital banking
§ 04 — Eligibility & limits
- · Available to individuals
- · Maximum LVR 95%
- · Minimum balance $250,000
- · This loan is only available for First Home buyers
§ 06 — Run the numbers
Put this product through a calculator
Published by Horizon Bank under the Consumer Data Right, last changed by them on 22 May 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.