Horizon Bank home loan rates

53 advertised rate lines across 24 products, published by Horizon Bank under the Consumer Data Right. Read yesterday. No lender pays to be listed.

Where it sits

5.89% Horizon Bank, lowest open
5.84% The benchmark
0.05pp higher

The benchmark is the rate at which a third distinct lender appears in the sorted list. It is not the lowest rate anyone publishes. Anchoring on the lowest would put a green loan or a veterans' rate under the whole market, and name a difference nobody can capture.

Both figures are advertised rates for a new customer. The discount a broker negotiates is published nowhere and is not in either number. Read your own rate against this.

Owner-occupied, principal and interest

ProductTypeLVR RateComparison
Home Sweet Home Loan discount 0.01–70% 5.89% 6.59%
3 Year Fixed Home Loan fixed 3y 0.01–70% 5.94% 6.44%
2 Year Fixed Home Loan fixed 2y 0.01–70% 5.99% 6.49%
Home Sweet Home Loan discount 70.01–90% 6.04% 6.74%
1 Year Fixed Home Loan fixed 1y 0.01–70% 6.04% 6.53%
3 Year Fixed Home Loan fixed 3y 70.01–90% 6.09% 6.59%
2 Year Fixed Home Loan fixed 2y 70.01–90% 6.14% 6.64%
1 Year Fixed Home Loan fixed 1y 70.01–90% 6.19% 6.68%
5 Year Fixed Home Loan fixed 5y 0.01–70% 6.34% 6.51%
Home Sweet Home Loan variable 0.01–70% 6.49% 6.71%
5 Year Fixed Home Loan fixed 5y 70.01–90% 6.49% 6.66%
Home Sweet Home Loan variable 70.01–90% 6.64% 6.86%

Owner-occupied, interest only

ProductTypeLVR RateComparison
3 Year Fixed Home Loan - Interest Only fixed 3y 0.01–70% 6.14% 6.63%
2 Year Fixed Home Loan - Interest Only fixed 2y 0.01–70% 6.19% 6.69%
1 Year Fixed Home Loan - Interest Only fixed 1y 0.01–70% 6.24% 6.73%
3 Year Fixed Home Loan - Interest Only fixed 3y 70.01–90% 6.29% 6.78%
2 Year Fixed Home Loan - Interest Only fixed 2y 70.01–90% 6.34% 6.84%
1 Year Fixed Home Loan - Interest Only fixed 1y 70.01–90% 6.39% 6.88%
Home Sweet Home Loan - Interest Only variable 0.01–70% 6.69% 6.91%
Home Sweet Home Loan - Interest Only variable 70.01–90% 6.84% 7.06%

Investment, principal and interest

ProductTypeLVR RateComparison
Home Sweet Home Loan - Investment discount 0.01–70% 6.14% 6.84%
3 Year Fixed Residential Investment fixed 3y 0.01–70% 6.19% 6.68%
2 Year Fixed Residential Investment fixed 2y 0.01–70% 6.24% 6.74%
Home Sweet Home Loan - Investment discount 70.01–90% 6.29% 6.98%
1 Year Fixed Residential Investment fixed 1y 0.01–70% 6.29% 6.78%
3 Year Fixed Residential Investment fixed 3y 70.01–90% 6.34% 6.83%
2 Year Fixed Residential Investment fixed 2y 70.01–90% 6.39% 6.89%
1 Year Fixed Residential Investment fixed 1y 70.01–90% 6.44% 6.93%
5 Year Fixed Residential Investment fixed 5y 0.01–70% 6.59% 6.76%
5 Year Fixed Residential Investment fixed 5y 70.01–90% 6.74% 6.91%
Home Sweet Home Loan - Investment variable 0.01–70% 6.74% 6.96%
Home Sweet Home Loan - Investment variable 70.01–90% 6.89% 7.11%

Investment, interest only

ProductTypeLVR RateComparison
Home Sweet Home Loan - Investment Interest Only discount 0.01–70% 6.34% 7.03%
3 Year Fixed Residential Investment - Interest Only fixed 3y 0.01–70% 6.39% 6.88%
2 Year Fixed Residential Investment - Interest Only fixed 2y 0.01–70% 6.44% 6.94%
1 Year Fixed Residential Investment - Interest Only fixed 1y 0.01–70% 6.49% 6.98%
Home Sweet Home Loan - Investment Interest Only discount 70.01–90% 6.49% 7.18%
3 Year Fixed Residential Investment - Interest Only fixed 3y 70.01–90% 6.54% 7.03%
2 Year Fixed Residential Investment - Interest Only fixed 2y 70.01–90% 6.59% 7.09%
1 Year Fixed Residential Investment - Interest Only fixed 1y 70.01–90% 6.64% 7.13%
5 Year Fixed Residential Investment - Interest Only fixed 5y 0.01–70% 6.79% 6.96%
5 Year Fixed Residential Investment - Interest Only fixed 5y 70.01–90% 6.94% 7.11%
Home Sweet Home Loan - Investment Interest Only variable 0.01–70% 6.94% 7.16%
Home Sweet Home Loan - Investment Interest Only variable 70.01–90% 7.09% 7.31%

Left out of the figures above

ProductWhy it is outRate
First Home Buyer Loan Eligibility 5.74%
First Home Buyer Loan - Interest Only Eligibility 5.94%
First Home Buyer Loan - Investment Eligibility 5.99%
First Home Buyer Loan - Investment Interest Only Eligibility 6.19%

The data says a product is restricted. It never says whether you qualify. On the comparison every one of these can be put back with a click, and every figure is worked out again.

What changed

Horizon Bank last moved a rate line on Tuesday 18 August. Every line is read each morning and has come back the same since.

Every lender that publishes rates, and every rate move since capture began.

Does this look wrong? or could it be better

Two different things go wrong here and they are fixed in different places. If a rate on this page does not match what Horizon Bank told you, it is usually one of these.

The published data is wrong

Horizon Bank publishes these rates itself, under the Consumer Data Right. Nobody here types them in and nothing here can correct them at the source — if the feed is wrong, every comparison site reading it is wrong in the same way. Reports about a data holder's feed go to the Consumer Data Right, and published-data quality is on the ACCC's enforcement list.

Everything identifying the feed is filled in below. The one part left is what you saw.

Consumer Data Right — Product Reference Data quality

Data holder brand: Horizon Bank
ABN: 66087650173
Product Reference Data endpoint: https://onlinebanking.horizonbank.com.au/openbanking
Data read from that endpoint on: Saturday 12 September
Rate lines published at that time: 53

What appears to be wrong:
[describe what you checked, and what the published data says]

This data is published under the Product Reference Data standard and is
available publicly, without authentication or a consumer consent.
Open the report form ↗

The form is run by the Consumer Data Right, not by this site. Nothing you type here is sent anywhere — the text above is yours to copy.

This page reads it wrongly

The rate is published correctly and this page has misread it: a band shown against the wrong loan type, a fee counted twice, a product that should be marked restricted and is not. That one is mine. Tell me and I will fix it, and say which lender so I can find the row.

Something is missing

A figure this page should show and does not, or a lender that should be here and is not. Same place. The data behind every page here is free to download if you would rather check it yourself first.

Free, and not advice. It knows only what the lender publishes, not what you could negotiate. A licensed broker does this for a living. What this site collects.

Building something with this? There is an API, and the data is free.

Found in the data: what lenders charge above 80% and the rate a fixed loan resets to.