Horizon Bank
First Home Buyer Loan - Interest Only
Find your first home with our competitive interest only variable rate
Home loansBank updated 22 May 2026
At a glance
- 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 Interest Only 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 comparison rat… | Owner occupied · Interest only | — | ≤70% LVR | 5.94% | 5.94% | — |
| VariableFor Owner Occupier loan purpose with Interest Only 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 comparison rat… | Owner occupied · Interest only | — | 70–90% LVR | 6.09% | 6.09% | — |
§ 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.