Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to be made on variables as selected and input by the user. All products will list the LVR with the product and rate which are clearly published on the Product Provider’s web site. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of .

Horizon Bank is a customer-owned financial institution located on the NSW South Coast, holding assets in excess of $370 million.

Horizon Bank has transformed, adapted and evolved over the years ever since it began in 1964 as the Illawarra County Council Staff Credit Union. It was named Horizon Credit Union in 1995 following the takeover of the Shoalhaven City Employees’ Credit Union. Five other credit unions have joined Horizon during the course of its history. On the 2nd of September 2019, it began trading as Horizon Bank.

Horizon Bank has won a number of awards, including Money Magazine’s Personal Lender of the Year award in 2012 and 2013.

Horizon Bank is based in Wollongong, with nine branches throughout the Illawarra and Shoalhaven regions of NSW. Customers can contact the bank in person at a local branch, by using an online enquiry form, via a general customer line or email.

Horizon Bank continues to maintain its dedication to enhance its members’ lifestyles by offering exceptional products and services, as well as by delivering financial advices in a friendly and efficient manner. It offers financial products and services such as home and personal loans, credit cards, insurance products, foreign money services, financial planning services and share trading.

Horizon Bank has a long history of community support and is proud to say that it is an ongoing, active member of the local community. Whilst it works hard to continuously provide its members with competitive financial products, it is also actively supporting local events, schools, and small businesses in the community.

The bank also has an initiative called 'Green Horizons', which supports its strategic citizenship goal to contribute meaningfully to the environment, the community and the mutual industry. The motivation for implementing this initiative is the alarming rate of global warming and the dire consequences likely to result if changes are not made to the way in which society manages resources and its carbon emissions.

To be able to apply for a home loan with Horizon Bank, you will need to provide some documents which include:

  • Proof of personal identification
  • Proof of employment
  • Proof of income, assets and earnings
  • Details of current debts, loans and liabilities
  • Personal insurance documents

Horizon Bank gives customers a number of methods when applying for a home loan. You can fill out an online application form on the Horizon website, make a home loan enquiry via phone or email, or visit a local branch.