HANDYLOAN
Use the equity in your home for a line of credit that you can conveniently use to meet your financial needs
- From
- 8.14%
- Variable
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Mortgage Secured Line of Credit | 8.14% | — | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| 5_MONTHLY_FEE Charged monthly | Ongoing | $5.00 |
| 250_ESTABLISHMENT_FEE | Upfront | $250.00 |
Features
- Overdraft available
- Digital banking
- Internet Banking and Mobile Banking App.
- Card access — Visa Debit
- Additional cards
- Digital banking
- Internet Banking and Mobile Banking App.
- PayID
- Create a PayID through Horizon Banks Internet Banking or Mobile Banking App to receive Osko payments with a unique identifier, such as your mobile number or email address, enabling you to receive and send money securely without the need to remember complex banking details.
- Real-time payments (NPP)
- This account type is enabled for Osko payments, via the New Payments Platform (NPP). Osko is the faster way to pay or receive money from friends, family and businesses. No more waiting days for money to change hands. Now you can pay and be paid in a matter of seconds
Eligibility
- Individuals only
Constraints
- Minimum balance — $50,000.00
- Maximum LVR — 80%
More Information
Published by Horizon Bank under the Consumer Data Right · Last updated 30 June 2026 · Product ID S3_S30001 · View on CDR.gov.au