Horizon Bank
HANDYLOAN
Use the equity in your home for a line of credit that you can conveniently use to meet your financial needs
Home loansBank updated 1 July 2026
At a glance
- Variable (owner occ. P&I)
- 8.14%
- Variable (investor P&I)
- 8.14%
- Max LVR
- 80%
- Annual fee
- $60
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableMortgage Secured Line of Credit | — | — | — | 8.14% | — | — |
§ 02 — Fees · 2
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| 5_MONTHLY_FEE | Periodic | $5 | Every 1 mo | — |
| 250_ESTABLISHMENT_FEE | Upfront | $250 | — | — |
§ 03 — Features
Instant paymentsPayIDDigital bankingOverdraftApple Pay, Samsung Pay and Google Pay
- · Manage payments from your bank account using PayTo.
§ 04 — Eligibility & limits
- · Available to individuals
- · Maximum LVR 80%
- · Minimum balance $50,000
§ 06 — Run the numbers
Put this product through a calculator
Published by Horizon Bank under the Consumer Data Right, last changed by them on 1 July 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.