Budget Personal Loan

As of 18 September 2026, the Horizon Bank Budget Personal Loan has a comparison rate of 10.13% (from 9.99% advertised), ranking 130th of 212 unsecured loans tracked by BankMate and sitting 7.00 points below the unsecured market average of 17.13%. It is an unsecured variable-rate loan for any purpose with fees of $100 application. Lenders publish the lowest rate in their range; the rate offered depends on the applicant.

10.13%comparison rate p.a.

from 9.99% advertised · Unsecured · variable · any purpose

Fees: $100 application.

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Rate over time

Comparison rate · lenders publish the lowest rate in their range

Budget Personal Loan
RBA cash rate
Unsecured average

Changes

No changes recorded for this product since tracking began on 12 September 2026.

Rates

Advertised rate: from 9.99% p.a.
Comparison rate: 10.13% p.a.
Rate type: Variable

Fees

Application fee: $100
Monthly fee: None
Annual fee: None
Early repayment fee: None

Loan terms

Loan amount: $500 – $30,000
Extra repayments: Yes
Early payout: Yes
Redraw: Yes
Flexible repayment frequency: No

About this product

Use Budget Personal Loan to consolidate debt, purchase new appliances, go on holidays or achieve another financial goal. Benefit from competitive variable interest rates, flexible repayment & more

Compare all personal loans