A variable interest only residential investment loan available as an alternative to a principal and interest arrangement.
Category: Home Loans Last Updated August 27, 2024 Effective December 18, 2024
General Lending Rates
Rates listed below are for a VARIABLE INVESTMENT P&I product. Additional Information
Interest Rate 6.94% PA
Comparison Rate 0.00%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
INVESTMENT, VARIABLE, 6.94%
Lending Rate Type: Variable
Interest Rate: 6.94%, Comparison Rate 0.00%
Repayment Type: Principal And Interest
Loan Purpose: Investment
Product Features
Redraw
Digital Banking
Offset
Product Eligibility
Natural Person
Bank Fees and Charges
150 Annual Fee (Periodic), Amount: 150.00.
150 Offset Fee (Periodic), Amount: 150.00. Additional Information: Only payable if OFFSET feature enabled
350 Establishment Fee (Upfront), Amount: 350.00.
Legal And Valuation Fees (Variable), Amount: 0.00. Additional Information: Third party costs including solicitors, valuers, agent fees & government charges including stamp duty, registration and any other fees we incur as applicable.
Other Fees And Charges May Apply (Variable), Amount: 0.00. Additional Information: A full list of fees and charges will be provided if loan is approved. Visit: https://horizonbank.com.au/more/important-info/fees-and-charges/