[Skip to the content](#main) [RateGap](/)every home loan rate lenders publish, compared # Horizon Bank home loan rates Horizon Bank's lowest advertised variable rate for a home you live in and pay down is **6.74%**, if you owe 0.01–70% of the home’s value. It was read Monday 2 November, and is 0.89 percentage points above the going rate of 5.85% across every lender. Its lowest fixed rate is 6.14%, fixed for one year. Have a loan with Horizon Bank? Compare your rate Loan balance ($) on your statement or in your banking app Your rate (%) not the comparison rate, which adds fees Compare my rate Since the Reserve Bank’s increase on Tuesday 29 September, Horizon Bank has raised its lowest advertised variable rate from 6.49% to 6.74%. The change was first seen Tuesday 13 October. [After the Reserve Bank’s increase](/market/after-the-rba) has every lender. 53 advertised rates across 24 products, published by Horizon Bank under the Consumer Data Right. Last read Monday 2 November, yesterday. No lender pays to be listed. ## Where it sits 6.74% Horizon Bank, lowest variable rate if you owe 0.01–70% 5.85% The going rate 0.89 percentage points above the going rate The going rate is **the lowest rate at least three lenders reach**, so one lender's odd price cannot set it. Both are advertised new-customer rates. A negotiated discount is in neither. [Read your own rate against this](/?lender=5c2e8067-d2de-eb11-a824-000d3a884a20). **Lowest variable rate, if you owe 0.01–70%**: 6.74% **Lowest fixed rate**: 6.14%, one year **Lowest comparison rate**: 6.73% **Rates published**: 53, across 24 products **Last rate move**: Sunday 1 November **Last read**: Monday 2 November For a home you live in and pay down. The other loan types are in the tables below. Lenders set a different rate for each LVR band, shown as how much you owe. LVR is what you owe as a share of the home's value. ## Owner-occupied, principal and interest ### Variable - Home Sweet Home Loan · owe 0.01–70% · **6.74%** (6.97% with fees)- Home Sweet Home Loan · owe 70.01–90% · **6.89%** (7.12% with fees) ### Fixed - 1 Year Fixed Home Loan · one year · owe 0.01–70% · **6.14%** (6.78% with fees)- 2 Year Fixed Home Loan · two years · owe 0.01–70% · **6.24%** (6.74% with fees)- 1 Year Fixed Home Loan · one year · owe 70.01–90% · **6.29%** (6.93% with fees)- 3 Year Fixed Home Loan · three years · owe 0.01–70% · **6.34%** (6.73% with fees)- 2 Year Fixed Home Loan · two years · owe 70.01–90% · **6.39%** (6.89% with fees)- 3 Year Fixed Home Loan · three years · owe 70.01–90% · **6.49%** (6.88% with fees)- 5 Year Fixed Home Loan · five years · owe 0.01–70% · **6.64%** (6.80% with fees)- 5 Year Fixed Home Loan · five years · owe 70.01–90% · **6.79%** (6.95% with fees) Discounts Horizon Bank publishes beside these prices. Each comes off a product's rate, so none is a rate of its own: - Home Sweet Home Loan: 6.14% off- Home Sweet Home Loan: 6.29% off ## Owner-occupied, interest only 8 rates ### Variable - Home Sweet Home Loan · owe 0.01–70% · **6.94%** (7.17% with fees)- Home Sweet Home Loan · owe 70.01–90% · **7.09%** (7.32% with fees) ### Fixed - 1 Year Fixed Home Loan · one year · owe 0.01–70% · **6.34%** (6.98% with fees)- 2 Year Fixed Home Loan · two years · owe 0.01–70% · **6.44%** (6.94% with fees)- 1 Year Fixed Home Loan · one year · owe 70.01–90% · **6.49%** (7.13% with fees)- 3 Year Fixed Home Loan · three years · owe 0.01–70% · **6.54%** (6.93% with fees)- 2 Year Fixed Home Loan · two years · owe 70.01–90% · **6.59%** (7.09% with fees)- 3 Year Fixed Home Loan · three years · owe 70.01–90% · **6.69%** (7.08% with fees) ## Investment, principal and interest 10 rates ### Variable - Home Sweet Home Loan · owe 0.01–70% · **6.99%** (7.22% with fees)- Home Sweet Home Loan · owe 70.01–90% · **7.14%** (7.37% with fees) ### Fixed - 1 Year Fixed Residential Investment · one year · owe 0.01–70% · **6.39%** (7.29% with fees)- 2 Year Fixed Residential Investment · two years · owe 0.01–70% · **6.49%** (6.99% with fees)- 1 Year Fixed Residential Investment · one year · owe 70.01–90% · **6.54%** (7.18% with fees)- 3 Year Fixed Residential Investment · three years · owe 0.01–70% · **6.59%** (6.98% with fees)- 2 Year Fixed Residential Investment · two years · owe 70.01–90% · **6.64%** (7.14% with fees)- 3 Year Fixed Residential Investment · three years · owe 70.01–90% · **6.74%** (7.13% with fees)- 5 Year Fixed Residential Investment · five years · owe 0.01–70% · **6.89%** (7.05% with fees)- 5 Year Fixed Residential Investment · five years · owe 70.01–90% · **7.04%** (7.20% with fees) Discounts Horizon Bank publishes beside these prices. Each comes off a product's rate, so none is a rate of its own: - Home Sweet Home Loan: 6.39% off- Home Sweet Home Loan: 6.54% off ## Investment, interest only 10 rates ### Variable - Home Sweet Home Loan · owe 0.01–70% · **7.19%** (7.42% with fees)- Home Sweet Home Loan · owe 70.01–90% · **7.34%** (7.57% with fees) ### Fixed - 1 Year Fixed Residential Investment · one year · owe 0.01–70% · **6.59%** (7.23% with fees)- 2 Year Fixed Residential Investment · two years · owe 0.01–70% · **6.69%** (7.19% with fees)- 1 Year Fixed Residential Investment · one year · owe 70.01–90% · **6.74%** (7.38% with fees)- 3 Year Fixed Residential Investment · three years · owe 0.01–70% · **6.79%** (7.18% with fees)- 2 Year Fixed Residential Investment · two years · owe 70.01–90% · **6.84%** (7.34% with fees)- 3 Year Fixed Residential Investment · three years · owe 70.01–90% · **6.94%** (7.33% with fees)- 5 Year Fixed Residential Investment · five years · owe 0.01–70% · **7.09%** (7.25% with fees)- 5 Year Fixed Residential Investment · five years · owe 70.01–90% · **7.24%** (7.40% with fees) Discounts Horizon Bank publishes beside these prices. Each comes off a product's rate, so none is a rate of its own: - Home Sweet Home Loan: 6.59% off- Home Sweet Home Loan: 6.74% off ## Restricted to particular groups | Product | Who it is for | Rate | | --- | --- | --- | | First Home Buyer Loan | a particular group only, per its published conditions | 5.99% | | First Home Buyer Loan - Interest Only | a particular group only, per its published conditions | 6.19% | | First Home Buyer Loan - Investment Interest Only | a particular group only, per its published conditions | 6.19% | | First Home Buyer Loan - Investment | a particular group only, per its published conditions | 6.24% | The data says a product *is* restricted. It never says whether you would get it. 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 on **Sunday 1 November**. Every rate is read each morning and has come back the same since. [Every lender that publishes rates](/lenders), and [every rate move since capture began](/data/history). ## Beside it Of 93 lenders with a variable rate anyone could take for a home you live in and pay down, 77 publish a lower one than Horizon Bank's 6.74%. The nearest either side: - [homeloans.com.au](/lender/homeloans-com-au) 6.64% - [AFG Home Loans - Retro](/lender/afg-home-loans-retro) 6.74% - Horizon Bank 6.74% - [Bluestone Home Loans](/lender/bluestone-home-loans) 6.84% - [Connective Elevate](/lender/connective-elevate) 6.84% **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: Sunday 1 November 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. ``` Copy the report [Open the report form in a new tab ↗](https://forms.oaic.gov.au/forms/report) 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](/#fb), 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. [Tell me through the feedback box](/#fb). The data behind every page here is [free to download](/data) if you would rather check it yourself first. The other questions - [Are you paying more than you need to?](/) your rate against every lender publishing one- [How fast should you pay it off?](/paying-it-off) term, extra repayments, interest only- [Don't have a loan yet?](/buying) what to look at before you pick one- [What does each lender advertise?](/lenders) every lender that publishes rates, a page each- [What moved this week?](/market/changes-this-week) which lenders changed an advertised rate- [Where do these numbers come from?](/data) every published rate, and how fresh it is **Free, and not advice.** It knows only what the lender publishes, not what you could negotiate. A licensed broker does this for a living. [Who made this](/about). [What this site collects](/privacy). **More from the data** Building something with this? There is [an API](/api), and [the data is free](/data). This morning: [the market](/market), [variable rates](/market/variable-rates), [fixed rates](/market/fixed-rates) and [what moved this week](/market/changes-this-week). Found in the data: [what lenders charge above 80%](/research/lvr-bands), [the rate a fixed loan rolls onto](/research/revert-rates) and [what a comparison rate adds](/research/comparison-rates). Also [what an offset costs](/research/offset-accounts), and [what investors pay on top](/research/investor-premium).