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Basic Home Loan

Horizon Credit Union

Borrowing Amount

Borrow Amount

Loan term
Advertised rate4.69%Variable
Comparison rate*4.82%
Monthly repayment$1295
Minimum deposit %5%
Pros
  • 100% full offset account
  • Suitable for low deposits
  • Extra repayments + redraw services
  • Repayments may decrease if RBA cuts rates again
Cons
  • Application fee charged
  • Discharge fee at end of loan
  • Not available for investment purposes

Loan Profile

Maximum LVR
Maximum LVR95%
Loan term
Loan term1 - 30 years
Borrowing range
Borrowing range$50k - $100mCalculate how much you can borrow »
Investors loans
Investors loans
First home buyer
First home buyer
Owner occupied
Owner occupied
Refinance
Refinance
Line of credit
Line of credit
Self-managed super
Self-managed super

Loan Fees

Estimated upfront fees
Estimated upfront fees$350
Legal fee
Legal fee$0
Valuation fee
Valuation fee$0
Settlement fee
Settlement fee$0
Discharge fee
Discharge fee$250
Application fee
Application fee$350
Ongoing fee
Ongoing fee$5 monthly

Repayments & Redraws

Total repayments
Total repayments$466,200
Offset account
Offset account100% offset account
Redraw facility
Redraw facilityRedraw fee: $20
Extra repayments
Extra repaymentsUnlimited extra repayments
Weekly repayments
Weekly repayments
Fortnightly repayments
Fortnightly repayments
Monthly repayments
Monthly repayments
View Repayment Schedule

More Information

Interest rate structure
Interest rate structureVariable
Interest only
Interest only
Allows split interest
Allows split interest
Principal & interest
Principal & interest
Other benefits
Other benefits
Other restrictions
Other restrictions
States Applicable
NSW
NSW
VIC
VIC
SA
SA
WA
WA
QLD
QLD
ACT
ACT
NT
NT
TAS
TAS
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