Horizon BankHANDYLOAN
Use the equity in your home for a line of credit that you can conveniently use to meet your financial needs
At a glance
- Variable (owner occ. P&I)
- 8.39%
- Variable (investor P&I)
- 8.39%
- Max LVR
- 80%
- Annual fee
- $60
How it compares
This home loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This home loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Variable home loanOwner occupier, principal & interest, 80% LVR | 8.39% | 5.93%SCCU's BROKER HOME LOAN | 6.38%of 104 institutions | 101st lowest of 104 |
| Investor variable home loanInvestment, principal & interest, 80% LVR | 8.39% | 5.94%AAA Financial Corporation's Portfolio Loan | 6.59%of 104 institutions | 101st lowest of 104 |
Rates
The one rate Horizon Bank publishes for this home loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableMortgage Secured Line of Credit | - | - | - | 8.39% | - | - |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 2 Nov 2026 | Variable | 8.14% | 8.39% | up 0.25 |
Each change is logged the night it appears in the rates Horizon Bank publishes. See how every lender answered the RBA on the rate tracker.
Fees
2 fees published, grouped by when they're charged.
- When you take it out$250250_ESTABLISHMENT_FEE
- While you hold it$5 a month5_MONTHLY_FEE
- When you close it or pay it offNo fee published
When you take it out1
- 250_ESTABLISHMENT_FEE$250
While you hold it1
- 5_MONTHLY_FEE$5 a month
Features
- Manage payments from your bank account using PayTo.
Eligibility and limits
- Available to individuals
- Maximum LVR 80%
- Minimum balance $50,000
Compare it with others
Put this product through a calculator
Published by Horizon Bank under the Consumer Data Right, last changed by them on 1 Nov 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.