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

2.64%

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 - 3 years

$150

3.39%

$35 monthly
HSBC
More details

2.75%

Fixed - 2 years

$750

3.39%

$0
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.

Mortgage Calculator, Deposit

The proportion you have already saved to go towards your home. 

Mortgage Calculator, Loan Purpose

This is what you will use the loan for – i.e. investment. 

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.

Does Real Time Ratings' work for people who already have a home loan?

Yes. If you already have a mortgage you can use Real Time RatingsTM to compare your loan against the rest of the market. And if your rate changes, you can come back and check whether your loan is still competitive. If it isn’t, you’ll get the ammunition you need to negotiate a rate cut with your lender, or the resources to help you switch to a better lender.

Mortgage Calculator, Repayment Type

Will you pay off the amount you borrowed + interest or just the interest for a period?

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.

What is a valuation and valuation fee?

A valuation is an assessment of what your home is worth, calculated by a professional valuer. A valuation report is typically required whenever a property is bought, sold or refinanced. The valuation fee is paid to cover the cost of preparing a valuation report.

What is a redraw fee?

Redraw fees are charged by your lender when you want to take money you have already paid into your mortgage back out. Typically, banks will only allow you to take money out of your loan if you have a redraw facility attached to your loan, and the money you are taking out is part of any additional repayments you’ve made. The average redraw fee is around $19 however there are plenty of lenders who include a number of fee-free redraws a year. Tip: Negative-gearers beware – any money redrawn is often treated as new borrowing for tax purposes, so there may be limits on how you can use it if you want to maximise your tax deduction.

Mortgage Balance

The amount you currently owe your mortgage lender. If you are not sure, enter your best estimate.

Mortgage Calculator, Loan Term

How long you wish to take to pay off your loan. 

Remaining loan term

The length of time it will take to pay off your current home loan, based on the currently-entered mortgage balance, monthly repayment and interest rate.

What is a building in course of erection loan?

Also known as a construction home loan, a building in course of erection (BICOE) loan loan allows you to draw down funds as a building project advances in order to pay the builders. This option is available on selected variable rate loans.

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.

Savings over

Select a number of years to see how much money you can save with different home loans over time.

e.g. To see how much you could save in two years by switching mortgages,  set the slider to 2.