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HSBC

Package

Interest rate

2.59

% p.a

Fixed - 1 year

Comparison Rate*

3.00

% p.a

Maximum LVR
80%
Real Time Rating™

3.19

/ 5
Monthly Repayment

$1,359

based on $300,000 loan amount for 25 years at 2.59%

Interest rate

2.59

% p.a

Fixed - 1 year

Comparison Rate*

3.00

% p.a

Maximum LVR
80%
Real Time Rating™

3.19

/ 5
Monthly Repayment

$1,359

based on $300,000 loan amount for 25 years at 2.59%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,359

based on $300,000 loan amount for 25 years at 2.59%

Quick home loan review

For Package Fixed Rate Investment Loan (Interest Only) 1 Year

These are the benefits of this home loan.

  • Interest rates ranked in the best 20%
  • Split account option

These are the drawbacks of this home loan.

  • Limited extra repayments
  • No redraw and no offset
  • Loan reverts to higher rate after fixed period
  • Ongoing fee
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • No repayment holidays

Home loan overview

For Package Fixed Rate Investment Loan (Interest Only) 1 Year

TMD

Details

Maximum LVR

80%

Total Repayments

Next LVR

Interest rate type

Fixed - 1 year

Borrowing range

Suitable for

Investors

Loan term range

1 - 30 years

Principal & interest

Interest only

Applicable states

ACT, NSW, NT, QLD, SA, TAS, VIC, WA

Make repayments

Fortnightly, Monthly, Weekly

Features

Extra repayments

Yes - limited to $10000

Redraw facility

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

150

Application fee

0

Valuation fee

At Cost

Settlement fee

150

Other upfront fee

0

Ongoing fee

$390 annually

Discharge fee

300

Application method

Online

Phone

In branch

Specials
  • Cashback Receive $3,288 when you refinance min of $250k
    Terms, condition, eligibility and credit criteria apply. For persons in Australia.

Target Market Determination

Visit HSBC to view Target Market Determination.

Other Benefits

Application fee (usually $300) waived

Other Restrictions

New Investment Loans restricted to existing HSBC customers

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FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $50k to $7,500,000.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 80 percent, which means it requires a minimum deposit of 20 percent

What's the maximum length for this loan?

HSBC allows you to have this loan for a range of 1 to 30 years.

How often can you make repayments?

HSBC allows you to make repayments to this loan option through one of the following repayment schedules: fortnightly, monthly, weekly.

How much will the upfront fees be for this loan?

While it could change based on your circumstances, RateCity estimates that this loan option comes with $150 worth of upfront fees.

Does this loan come with a redraw facility?

No, this loan doesn't come with a redraw facility.

How do you apply for this loan?

To apply for this loan, please contact HSBC.

Can a broker help me with this loan?

Yes, this HSBC loan is available through a broker. Find a broker to help you with your needs.