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

$150

3.12%

$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

2.25%

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

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.

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.

Mortgage Calculator, Loan Purpose

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

Mortgage Calculator, Property Value

An estimate of how much your desired property is worth. 

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.

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.

How often is your data updated?

We work closely with lenders to get updates as quick as possible, with updates made the same day wherever possible.

Mortgage Balance

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

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.

Why is it important to get the most up-to-date information?

The mortgage market changes constantly. Every week, new products get launched and existing products get tweaked. Yet many ratings and awards systems rank products annually or biannually.

We update our product data as soon as possible when lenders make changes, so if a bank hikes its interest rates or changes its product, the system will quickly re-evaluate it.

Nobody wants to read a weather forecast that is six months old, and the same is true for home loan comparisons.

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 Calculator, Interest Rate

The percentage of the loan amount you will be charged by your lender to borrow. 

Mortgage Calculator, Loan Term

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

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.