HSBC home loan repayment calculator

Thinking about taking out a home loan with HSBC? Use our home loan calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how HSBC home loans compare with other options.

I am an

With a repayment type

Borrow amount

$

Deposit amount %

Loan term

Your estimated repayments

at interest rate 2.59 %

Total interest payable

$0

Total amount payable

$0

Pros and cons

  • Large variety of home loan products.
  • Extensive customer support.
  • Opportunity to bundle with other HSBC products.
  • Offers discounts on interest rates.
  • Some loans have moderate to high fees.
  • Some interest rates aren’t competitive.

HSBC home loans rates

Product
Advertised Rate
Total estimated upfront fees
Comparison Rate*
Ongoing fee
Go to site
Company

2.59%

Variable

$0

2.60%

$0
HSBC
More details

2.64%

Variable

$0

2.65%

$0
HSBC
More details

2.89%

Variable

$750

2.90%

$0
HSBC
More details

2.09%

Fixed - 3 years

$0

2.97%

$35 monthly
HSBC
More details

1.88%

Fixed - 2 years

$0

2.98%

$35 monthly
HSBC
More details

2.98%

Variable

$750

2.99%

$0
HSBC
More details

3.14%

Variable

$750

2.99%

$0
HSBC
More details

2.29%

Fixed - 3 years

$0

3.00%

$0
HSBC
More details

2.99%

Variable

$750

3.00%

$0
HSBC
More details

2.09%

Fixed - 2 years

$0

3.03%

$0
HSBC
More details

2.70%

Fixed - 5 years

$0

3.03%

$0
HSBC
More details

2.15%

Fixed - 1 year

$0

3.07%

$35 monthly
HSBC
More details

2.40%

Fixed - 3 years

$0

3.08%

$35 monthly
HSBC
More details

2.60%

Fixed - 5 years

$0

3.08%

$35 monthly
HSBC
More details

2.30%

Fixed - 2 years

$0

3.09%

$35 monthly
HSBC
More details

2.69%

Variable

$450

3.12%

$35 monthly
HSBC
More details

2.69%

Variable

$150

3.12%

$35 monthly
HSBC
More details

2.69%

Variable

$150

3.12%

$35 monthly
HSBC
More details

2.25%

Fixed - 1 year

$0

3.13%

$0
HSBC
More details

2.30%

Fixed - 1 year

$0

3.13%

$35 monthly
HSBC
More details

3.13%

Variable

$750

3.14%

$0
HSBC
More details

3.29%

Variable

$750

3.14%

$0
HSBC
More details

2.50%

Fixed - 3 years

$0

3.16%

$0
HSBC
More details

2.74%

Variable

$150

3.17%

$35 monthly
HSBC
More details

2.74%

Variable

$450

3.17%

$35 monthly
HSBC
More details

2.75%

Fixed - 5 years

$0

3.17%

$35 monthly
HSBC
More details

2.85%

Fixed - 5 years

$0

3.18%

$0
HSBC
More details

2.40%

Fixed - 2 years

$0

3.21%

$0
HSBC
More details

2.79%

Fixed - 5 years

$750

3.25%

$0
HSBC
More details

2.39%

Fixed - 3 years

$150

3.26%

$35 monthly
HSBC
More details

2.40%

Fixed - 1 year

$0

3.28%

$0
HSBC
More details

2.49%

Fixed - 3 years

$750

3.28%

$0
HSBC
More details

2.59%

Fixed - 3 years

$150

3.28%

$35 monthly
HSBC
More details

2.29%

Fixed - 2 years

$150

3.29%

$35 monthly
HSBC
More details

2.69%

Fixed - 5 years

$150

3.29%

$35 monthly
HSBC
More details

2.49%

Fixed - 2 years

$150

3.30%

$35 monthly
HSBC
More details

2.89%

Fixed - 5 years

$150

3.32%

$35 monthly
HSBC
More details

2.69%

Fixed - 3 years

$750

3.33%

$0
HSBC
More details

2.39%

Fixed - 2 years

$750

3.34%

$0
HSBC
More details

2.99%

Fixed - 5 years

$750

3.34%

$0
HSBC
More details

2.39%

Fixed - 1 year

$150

3.36%

$35 monthly
HSBC
More details

2.59%

Fixed - 1 year

$150

3.36%

$35 monthly
HSBC
More details

2.85%

Fixed - 3 years

$750

3.36%

$0
HSBC
More details

2.59%

Fixed - 2 years

$750

3.37%

$0
HSBC
More details

2.75%

Fixed - 2 years

$750

3.39%

$0
HSBC
More details

2.75%

Fixed - 3 years

$150

3.39%

$35 monthly
HSBC
More details

2.65%

Fixed - 2 years

$150

3.40%

$35 monthly
HSBC
More details

2.99%

Variable

$450

3.41%

$35 monthly
HSBC
More details

2.49%

Fixed - 1 year

$750

3.44%

$0
HSBC
More details

2.65%

Fixed - 1 year

$150

3.45%

$35 monthly
HSBC
More details

2.69%

Fixed - 1 year

$750

3.45%

$0
HSBC
More details

2.75%

Fixed - 1 year

$750

3.45%

$0
HSBC
More details

3.08%

Variable

$150

3.47%

$35 monthly
HSBC
More details

3.08%

Variable

$150

3.47%

$35 monthly
HSBC
More details

3.00%

Fixed - 3 years

$750

3.51%

$0
HSBC
More details

3.09%

Variable

$450

3.51%

$35 monthly
HSBC
More details

2.90%

Fixed - 3 years

$150

3.53%

$35 monthly
HSBC
More details

2.90%

Fixed - 2 years

$750

3.54%

$0
HSBC
More details

2.80%

Fixed - 2 years

$150

3.55%

$35 monthly
HSBC
More details

2.80%

Fixed - 1 year

$150

3.59%

$35 monthly
HSBC
More details

2.90%

Fixed - 1 year

$750

3.60%

$0
HSBC
More details

3.23%

Variable

$150

3.61%

$35 monthly
HSBC
More details

4.59%

Variable

$750

4.65%

$0
HSBC
More details

4.51%

Variable

$750

4.91%

$0
HSBC
More details

4.51%

Variable

$750

4.93%

$0
HSBC
More details

4.51%

Variable

$750

4.93%

$0
HSBC
More details

5.13%

Variable

$750

5.54%

$0
HSBC
More details

5.13%

Variable

$750

5.54%

$0
HSBC
More details

5.53%

Variable

$750

5.59%

$0
HSBC
More details

5.38%

Variable

$750

5.61%

$0
HSBC
More details

HSBC customer service

HSBC customers are spoilt for choice when it comes to contacting customer support. The HSBC contact centre hotline operates round the clock giving account holders 24/7 access to customer support. In addition, HSBC customer can contact a personal banking representative directly by email or by using the online enquiry form. HSBC also gives its customers the option of directing customer enquiries through Twitter. Customers also have the option of chatting directly with HSBC customer support through the online chat function on the HSBC website.

  • Customer service (phone, email branch)
  • Mobile app
  • Online banking
  • Live Chat

How to Apply

Borrowers wanting to apply for an HSBC home loan can either complete an online enquiry form, pop into a branch or call through to the Contact Centre for more support. Before applying for an HSBC home loan, consider what you can afford to borrow and what other costs you need to factor in. To apply for an HSBC home loan, you will need to supply the following information:

  • Proof of identity by providing 100 points of identification.
  • Proof of income and employment including employers contact details.
  • Provide a list of debts, assets and liabilities.

About HSBC home loans

HSBC home loans are popular options for investors buying property using foreign currency (expatriate home loans and market linked home loans) thanks to the bank’s large presence in Hong Kong.

However, it also offers a range of other home loans, including owner-occupier home loans, local investor home loans, construction loans and lines of credit.

HSBC offers home loans to suit a variety of borrowers in Australia:

  • Investors
  • First homebuyers
  • Renovators
  • Upgraders
  • Refinancers
  • Seniors (home equity loans)

Borrowers can also choose from a variety of interest rate options on HSBC mortgages:

  • Principal-and-interest home loans
  • Interest-only home loans
  • Split home loans
  • Variable interest rates
  • Fixed interest rates

Some HSBC home loans come with limited-time interest rate discounts and other introductory offers. HSBC Premier home loans also offer additional benefits to customers who meet the eligibility requirements.

HSBC home loan rates

HSBC home loan rates range from moderately low to high depending on the type of borrower and home loan. Generally speaking, owner occupiers paying principal and interest receive the lowest interest rates while investors paying interest only receive the highest interest rates.

Home loan rates can also vary based on whether they are variable or fixed, and how much of a deposit is put down.

Typically, HSBC borrowers who can make large deposits can also negotiate lower interest rates. With this in mind, HSBC home loans are generally geared towards customers with existing capital – although high-LVR loans are available in some circumstances.

In terms of fees, upfront fees tend to be high, while ongoing fees tend to be very low. A discharge fee may also apply at the end of the loan term. Loan repayments can be made weekly, fortnightly or monthly.

HSBC home loans review

HSBC offers a range of home loan options, primarily aimed at overseas and local investors. However, it also offers home loans for first homebuyers, upgraders and refinancers.

While some HSBC home loans come with moderately low interest rates, others attract high interest rates – so it’s important to compare what’s on the market before deciding if an HSBC home loan is the most suitable option.

Similarly, some HSBC mortgages come with an offset account and redraw facility while others don’t, meaning the level of flexibility depends on the type of home loan chosen.

Although HSBC is an established and well-known bank, it isn’t necessarily the cheapest when it comes to interest rates and fees. Borrowers may get the most value out of their home loan by taking advantage of rate discounts, special offers or other benefits through HSBC Premier.

Learn more about HSBC

How will Real Time Ratings help me find a new home loan?

The home loan market is complex. With almost 4,000 different loans on offer, it’s becoming increasingly difficult to work out which loans work for you.

That’s where Real Time RatingsTM can help. Our system automatically filters out loans that don’t fit your requirements and ranks the remaining loans based on your individual loan requirements and preferences.

Best of all, the ratings are calculated in real time so you know you’re getting the most current information.

How is the flexibility score calculated?

Points are awarded for different features. More important features get more points. The points are then added up and indexed into a score from 0 to 5.

Who offers 40 year mortgages?

Home loans spanning 40 years are offered by select lenders, though the loan period is much longer than a standard 30-year home loan. You're more likely to find a maximum of 35 years, such as is the case with Teacher’s Mutual Bank

Currently, 40 year home loan lenders in Australia include AlphaBeta Money, BCU, G&C Mutual Bank, Pepper, and Sydney Mutual Bank.

Even though these lengthier loans 35 to 40 year loans do exist on the market, they are not overwhelmingly popular, as the extra interest you pay compared to a 30-year loan can be over $100,000 or more.

What is the average annual percentage rate?

Also known as the comparison rate, or sometimes the ‘true rate’ of a loan, the average annual percentage rate (AAPR) is used to indicate the overall cost of a loan after considering all the fees, charges and other factors, such as introductory offers and honeymoon rates.

The AAPR is calculated based on a standardised loan amount and loan term, and doesn’t include any extra non-standard charges.

What is an ombudsman?

An complaints officer – previously referred to as an ombudsman -looks at formal complaints from customers about their credit providers, and helps to find a fair and independent solution to these problems.

These services are handled by the Australian Financial Complaints Authority, a non-profit government organisation that addresses and resolves financial disputes between customers and financial service providers.

What is a construction loan?

A construction loan is loan taken out for the purpose of building or substantially renovating a residential property. Under this type of loan, the funds are released in stages when certain milestones in the construction process are reached. Once the building is complete, the loan will revert to a standard principal and interest mortgage.

Do other comparison sites offer the same service?

Real Time RatingsTM is the only online system that ranks the home loan market based on your personal borrowing preferences. Until now, home loans have been rated based on outdated data. Our system is unique because it reacts to changes as soon as we update our database.

Does each product always have the same rating?

No, the rating you see depends on a number of factors and can change as you tell us more about your loan profile and preferences. The reasons you may see a different rating:

  • Lenders have made changes. Our ratings show the relative competitiveness of all the products listed at a given time. As the listing change, so do the ratings.
  • You have updated you profile. If you increase your loan amount, the impact of different rates and fees will change which loans are the lowest cost for you.
  • You adjust your preferences. The more you search for flexible loan features, the more importance we assign to the Flexibility Score. You can also adjust your Flexibility Weighting yourself, which will recalculate the ratings with preference given to more flexible loans.

How does a redraw facility work?

A redraw facility attached to your loan allows you to borrow back any additional repayments that you have already paid on your loan. This can be a beneficial feature because, by paying down the principal with additional repayments, you will be charged less interest. However you will still be able to access the extra money when needed.

How common are low-deposit home loans?

Low-deposit home loans aren’t as common as they once were, because they’re regarded as relatively risky and the banking regulator (APRA) is trying to reduce risk from the mortgage market.

However, if you do your research, you’ll find there is still a fairly wide selection of banks, credit unions and non-bank lenders that offers low-deposit home loans.

How much deposit do I need for a home loan from NAB?

The right deposit size to get a home loan with an Australian lender will depend on the lender’s eligibility criteria and the value of your property.

Generally, lenders look favourably on applicants who save up a 20 per cent deposit for their property This also means applicants do not have to pay Lenders Mortgage Insurance (LMI). However, you may still be able to obtain a mortgage with a 10 - 15 per cent deposit.  

Keep in mind that NAB is one of the participating lenders for the First Home Loan Deposit Scheme, which allows eligible borrowers to buy a property with as low as a 5 per cent deposit without paying the LMI. The Federal Government guarantees up to 15 per cent of the deposit to help first-timers to become homeowners.

What do mortgage brokers do?

Mortgage brokers are finance professionals who help borrowers organise home loans with lenders. As such, they act as middlemen between borrowers and lenders.

While bank staff recommend home loan products only from their own employer, brokers are independent, so they can recommend products from a range of institutions.

Brokers need to be accredited with a particular lender to be able to work with that lender. A typical broker will be accredited with anywhere from 10 to 30 lenders – the big four banks, as well as a range of smaller banks, credit unions and non-bank lenders.

As a general rule, brokers don’t charge consumers for their services; instead, they receive commissions from lenders whenever they place a borrower with that institution.

How much information is required to get a rating?

You don’t need to input any information to see the default ratings. But the more you tell us, the more relevant the ratings will become to you. We take your personal privacy seriously. If you are concerned about inputting your information, please read our privacy policy.

Why should you trust Real Time Ratings?

Real Time Ratings™ was conceived by a team of data experts who have been analysing trends and behaviour in the home loan market for more than a decade. It was designed purely to meet the evolving needs of home loan customers who wish to merge low cost with flexible features quickly. We believe it fills a glaring gap in the market by frequently re-rating loan products based on the changes lenders make daily.

Real Time Ratings™ is a new idea and will change over time to match the frequently-evolving demands of the market. Some things won’t change though – it will always rate all relevent products in our database and will not be influenced by advertising.

If you have any feedback about Real Time Ratings™, please get in touch.

How much are repayments on a $250K mortgage?

The exact repayment amount for a $250,000 mortgage will be determined by several factors including your deposit size, interest rate and the type of loan. It is best to use a mortgage calculator to determine your actual repayment size.

For example, the monthly repayments on a $250,000 loan with a 5 per cent interest rate over 30 years will be $1342. For a loan of $300,000 on the same rate and loan term, the monthly repayments will be $1610 and for a $500,000 loan, the monthly repayments will be $2684.