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- Horizon Bank
- Mortgage Secured Personal Loan
Mortgage Secured Personal Loan
- 0 to 5 years
- Secured
- Variable Rate
- No ongoing fees
Interest rate p.a.
9.29%
Comparison rate* p.a.
11.24%
up to 11.24%
Mortgage Secured Personal Loan
- 0 to 5 years
- Secured
- Variable Rate
- No ongoing fees
Interest rate p.a.
9.29%
Comparison rate* p.a.
11.24%
up to 11.24%
Calculate your repayments for this loan
$
Your estimated repayment
$639
based on 20000 loan amount for 3 years at 9.29%
Pros and Cons
For Mortgage Secured Personal Loan
Benefits
- Lower than average rate
- No ongoing fees
- Lower than average application fees
- Unlimited extra repayments
- Flexible repayment options
- Can apply online
- Can apply in branch
- Use the loan for any worthwhile purpose
Drawbacks
Horizon Bank Rate Personal Loan overview
For Mortgage Secured Personal Loan
Details
Total repayments
$22,993
Interest rate type
Variable
Borrowing range
$500 - $100m
Security type
Secured
Loan term
0 to 5 years
Secured by
Property
Loan type
Is Fully Drawn Advance
Repayment frequency
Weekly, Fortnightly, Monthly
Target Market Determination
Visit Horizon Bank to view Target Market Determination.
Features
Extra repayments
Yes
Redraw facility
redraw activation fee of $0
Instant approval
Time to funding
N/A
Fees
Upfront fee
$150
Ongoing fee
$0
Missed payment penalty
$30
Early exit penalty fee
$0
