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.

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.

Monthly Repayment

Your current monthly home loan repayment. To accurately calculate how much you could save, an accurate payment figure is required. If you are not certain, check your bank statement.

What is the flexibility score?

Today’s home loans often try to lure borrowers with a range of flexible features, including offset accounts, redraw facilities, repayment frequency options, repayment holidays, split loan options and portability. Real Time Ratings™ weights each of these features based on popularity and gives loans a ‘flexibility score’ based on how much they cater to borrowers’ needs over time. The aim is to give a higher score to loans which give borrowers more features and options.

What happens to your mortgage when you die?

There is no hard and fast answer to what will happen to your mortgage when you die as it is largely dependent on what you have set out in your mortgage agreement, your will (if you have one), other assets you may have and if you have insurance. If you have co-signed the mortgage with another person that person will become responsible for the remaining debt when you die.

If the mortgage is in your name only the house will be sold by the bank to cover the remaining debt and your nominated air will receive the remaining sum if there is a difference. If there is a turn in the market and the sale of your house won’t cover the remaining debt the case may go to court and the difference may have to be covered by the sale of other assets.  

If you have a life insurance policy your family may be able to use some of the lump sum payment from this to pay down the remaining mortgage debt. Alternatively, your lender may provide some form of mortgage protection that could assist your family in making repayments following your passing.

What is appraised value?

An estimation of a property’s value before beginning the mortgage approval process. An appraiser (or valuer) is an expert who estimates the value of a property. The lender generally selects the appraiser or valuer before sanctioning the loan.

What is the ratings scale?

The ratings are between 0 and 5, shown to one decimal point, with 5.0 as the best. The ratings should be used as an easy guide rather than the only thing you consider. For example, a product with a rating of 4.7 may or may not be better suited to your needs than one with a rating of 4.5, but both are probably much better than one with a rating of 1.2.

Mortgage Calculator, Property Value

An estimate of how much your desired property is worth. 

What is a fixed home loan?

A fixed rate home loan is a loan where the interest rate is set for a certain amount of time, usually between one and 15 years. The advantage of a fixed rate is that you know exactly how much your repayments will be for the duration of the fixed term. There are some disadvantages to fixing that you need to be aware of. Some products won’t let you make extra repayments, or offer tools such as an offset account to help you reduce your interest, while others will charge a significant break fee if you decide to terminate the loan before the fixed period finishes.

Mortgage Calculator, Loan Amount

How much you intend to borrow. 

What is a specialist lender?

Specialist lenders, also known as non-conforming lenders, are lenders that offer mortgages to ‘non-vanilla’ borrowers who struggle to get finance at mainstream banks.

That includes people with bad credit, as well as borrowers who are self-employed, in casual employment or are new to Australia.

Specialist lenders take a much more flexible approach to assessing mortgage applications than mainstream banks.

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.

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, Deposit

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

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.