Important disclosure
Home Value Loan (Owner Occupied, Principal & Interest)
2024 Award Winner
Interest Rate
5.99%
p.a
Comparison Rate*
5.99%
p.a
RateCity says
“Enjoy a competitive interest rate, no ongoing fees, and the ability to go guarantor with this HSBC home loan.”
5.99%
p.a
5.99%
p.a
$3,218
based on $500,000 loan amount for 25 years at 5.99%
Australian Credit Licence 232595Fees & charges apply
Calculate your repayments for this loan
Your estimated repayment
$3,218
based on $500,000 loan amount for 25 years at 5.99%
Pros and cons
For Home Value Home Loan (Principal and Interest)
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- Parents can sign as guarantor
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
- Winner of Best Refinance Home Loan, RateCity Gold Awards 2024
Drawbacks
- No offset account
- Higher than average upfront fee
- Discharge fee at end of loan
- Maximum loan amount is limited to 60% of the property's value
- No repayment holidays
HSBC Variable Rate Home loan overview
For Home Value Home Loan (Principal and Interest)
Details
Maximum LVR 60% | Total Repayments $965,535 |
Interest rate type Variable | Borrowing range
$50k
-
$15m
|
Suitable for Owner Occupiers | Loan term range 1 - 30 years |
Repayment type Principal and Interest | Applicable states ACT, NSW, NT, QLD, SA, TAS, VIC, WA |
Target Market Determination Visit HSBC Bank Australia Limited to view Target Market Determination. |
Features
Extra repayments Unlimited | Redraw facility Redraw fee: $0 |
Offset account | Split interest facility |
Loan portability | Repayment holiday available |
Allow guarantors | Available for first home buyers |
Other benefits Establishment and settlement fees (up to $750) waived for Promotional Offer |
Fees
Total estimated upfront fees $150 | Application fee $0 |
Legal fee $0 | Valuation fee $0 |
Settlement fee $150 | Other upfront fee $0 |
Ongoing fee $0 | Discharge fee $300 |
How to apply
If you'd like to apply for this product or just get more information, follow the application process on HSBC.
FAQs
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