Home loan · Variable
First Home Buyer Loan
6.15%comparison rate p.a. · 6.14% advertised
Variable · P&I · Owner-occupier · 70–90% LVR
4th of 149 variable owner-occupier P&I loans
Comparison rates are based on a secured loan of $150,000 over 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
- Offset account
- Yes
- Redraw
- Yes
- Extra repayments
- Yes
- Application fee
- None
- Ongoing fee
- None
- Discharge fee
- None
- Variable · P&I · Owner-occupier · ≤70% LVR
- 6.00% comparison · 5.99% advertised
- Variable · P&I · Owner-occupier · 70–90% LVR
- 6.15% comparison · 6.14% advertised
- Variable · P&I · Investor · ≤70% LVR
- 6.25% comparison · 6.24% advertised
- Variable · P&I · Investor · 70–90% LVR
- 6.40% comparison · 6.39% advertised
- Variable · Interest Only · Investor · ≤70% LVR
- 6.19% comparison · 6.19% advertised
- Variable · Interest Only · Investor · 70–90% LVR
- 6.34% comparison · 6.34% advertised
- Application fee
- None
- Ongoing fee
- None
- Discharge fee
- None
- Redraw fee
- None
- Offset account
- Yes
- Redraw
- Yes
- Extra repayments
- Yes
- Portable
- No
- Repayment holiday
- No
- Minimum loan
- $250,000
- First home buyers only
- Yes
- First Home Buyer Loan · Variable · P&I · Owner-occupier
- RBA cash rate
- Market average
No changes recorded for this product since tracking began on 11 November 2026.
Our competitive variable rate loan for first home buyers
Also from Horizon Bank: Fixed Home Loan 6.73% · Fixed Residential 6.98% · Home Sweet Home Loan 7.12%
As of 13 November 2026, the Horizon Bank First Home Buyer Loan's variable owner-occupier P&I variant has a comparison rate of 6.15% (6.14% advertised), ranking 4th of 149 variable owner-occupier P&I loans and sitting 0.67 points below the market average of 6.82%. The product comes in 6 variants; the others are investor, interest-only and other LVR bands. From the provider's Consumer Data Right feed, refreshed nightly.