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HSBC Fixed Rate Home Loan

The details shown below are for an owner occupier taking out a principal & interest loan between $50,000 and $7,500,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan between $50,000 and $7,500,000 with an LVR below 90%

The details shown below are for an owner occupier taking out a interest only loan between $50,000 and $7,500,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a interest only loan between $50,000 and $7,500,000 with an LVR below 90%

The details shown below are for an investor taking out a principal & interest loan between $50,000 and $7,500,000 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan between $50,000 and $7,500,000 with an LVR below 80%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 80%

    Loan: $50,000 $7,500,000

  • Owner Occupier (Principal & Interest)

    LVR 80%-90%

    Loan: $50,000 $7,500,000

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $50,000 $7,500,000

  • Owner Occupier (Interest Only)

    LVR 80%-90%

    Loan: $50,000 $7,500,000

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $50,000 $7,500,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $50,000 $7,500,000

Fixed 3 year rate
2.29% p.a.
Comparison Rate*
2.95% p.a.
Service fee
$0.00
Upfront fee
$0
Go to site
Fixed 3 year rate
2.50% p.a.
Comparison Rate*
3.11% p.a.
Service fee
$0.00
Upfront fee
$0
Fixed 3 year rate
2.85% p.a.
Comparison Rate*
3.31% p.a.
Service fee
$0.00
Upfront fee
$0
Fixed 3 year rate
3.00% p.a.
Comparison Rate*
3.46% p.a.
Service fee
$0.00
Upfront fee
$0
Fixed 3 year rate
2.85% p.a.
Comparison Rate*
3.32% p.a.
Service fee
$0.00
Upfront fee
$0
Fixed 3 year rate
3.05% p.a.
Comparison Rate*
3.37% p.a.
Service fee
$0.00
Upfront fee
$0

Mozo editorial review HSBC Fixed Rate Home Loan

Last updated: 2 June 2020.

binocular icon
What's hot
  • Low 2.09% p.a. 2 year fixed rate (2.98% comparison rate*)
  • Zero upfront or ongoing fees
  • Free extra repayments (up to $10,000 p.a.)
  • 2020 Mozo Experts Choice Award
What's not
  • $300 discharge fee
Mozo snapshot

Love the idea of the repayment certainty you can only get by locking in your rate with a fixed rate home loan? Well you’ll certainly want to meet the 2020 Mozo Experts Choice Award winning Fixed Rate Home Loan from HSBC which features one of the lowest fixed rate interest rates in the Mozo database as well as zero upfront or ongoing fees.

key icon
Key features

The HSBC Fixed Rate Home Loan comes with a number of low fixed rates depending on the period you’re wanting to fix your loan over and the type of borrower you are. 

Just bear in mind that the rates above are for borrowers making principal and interest repayments on a loan between $50,000 and $7,500,000 with a loan-to-value ratio (LVR) below 80%. However, HSBC also offers more fixed rates for borrowers with lower deposits or for those only wanting to make interest-only repayments.

Speaking of repayments, borrowers will be able to make their repayments on a weekly, fortnightly or monthly schedule and they can even make free extra repayments on the loan up to $10,000 per year if they’re looking to pay it off as quickly as possible.

When it comes to other costs, HSBC Fixed Rate Home Loan borrowers won’t need to worry about any upfront fees (such as application, legal, settlement or valuations fees) or any ongoing fees over the life of the loan. The only fee to budget for is the $300 discharge fee.

Like most fixed rate home loans, there’s no offset account attached to HSBC’s offer, but you will be able to take advantage of the split rate feature by combining it with one of HBCS’s variable rate home loans.

snapshot
Who is it good for

With its lack of upfront and ongoing fees and some killer fixed rate offers from as low as 2.09% (2.98% comparison rate*) depending on the fixed period, the HSBC Fixed Rate Home Loan could be a seriously competitive option for any borrower looking for some temporary repayment certainty. 

snapshot
Any catches

Like all fixed rate loans, you’ll just need to remember that the low fixed interest rate will revert to a much higher rate once the fixed rate period is over. For example, the 2.09% p.a. 2 year fixed rate (2.98% comparison rate*) offer will revert to 3.16% p.a. once the two years is over. 

Details

Rates and fees information correct as at 3 July 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.25% (3.09%*)

  • 2.09% (2.98%*)

  • 2.29% (2.95%*)

  • 2.50% (2.95%*)

  • 2.70% (2.99%*)

  • n/a

  • n/a

  • 3.16% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $50,000

  • $7,500,000

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $10,000 p.a.

  • no

  • no

  • none

  • yes

  • no

  • none

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 3 July 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.40% (3.24%*)

  • 2.40% (3.16%*)

  • 2.50% (3.11%*)

  • 2.65% (3.10%*)

  • 2.85% (3.14%*)

  • n/a

  • n/a

  • 3.31% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $50,000

  • $7,500,000

  • 80.00%

  • 90.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $10,000 p.a.

  • no

  • no

  • none

  • yes

  • no

  • none

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 3 July 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.75% (3.40%*)

  • 2.75% (3.34%*)

  • 2.85% (3.31%*)

  • n/a

  • n/a

  • n/a

  • n/a

  • 3.46% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $50,000

  • $7,500,000

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $10,000 p.a.

  • no

  • no

  • none

  • yes

  • no

  • none

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 3 July 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.90% (3.55%*)

  • 2.90% (3.49%*)

  • 3.00% (3.46%*)

  • n/a

  • n/a

  • n/a

  • n/a

  • 3.61% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $50,000

  • $7,500,000

  • 80.00%

  • 90.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $10,000 p.a.

  • no

  • no

  • none

  • yes

  • no

  • none

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 3 July 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.75% (3.41%*)

  • 2.75% (3.35%*)

  • 2.85% (3.32%*)

  • 3.00% (3.32%*)

  • 3.20% (3.37%*)

  • n/a

  • n/a

  • 3.47% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $50,000

  • $7,500,000

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $10,000 p.a.

  • no

  • no

  • none

  • yes

  • no

  • none

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 3 July 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.95% (3.43%*)

  • 2.95% (3.39%*)

  • 3.05% (3.37%*)

  • 3.20% (3.39%*)

  • 3.40% (3.45%*)

  • n/a

  • n/a

  • 3.47% p.a.

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $300.00

Other financial bits
  • $50,000

  • $7,500,000

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $10,000 p.a.

  • no

  • no

  • none

  • yes

  • no

  • none

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Customer Reviews

How are HSBC home loans rated by the Mozo community?

Overall customer rating
6.9/10

Based on 122 HSBC home loan reviews

Price
6.7/10
Features
6.5/10
Customer service
6.9/10
Convenience
6.2/10
Trust
7.1/10

Latest reviews of HSBC Fixed Rate Home Loan

  • Overall 1/10
    Infuriating Customer Service

    Talking to foreign call centres who don't understand your question. Not like HSBC in UK at all where I've been a customer for over 10 years. Short-sighted staff who don't care about business retention. I got no follow up from "Relationship Managers". Infuriating customer service

    Read full review

    Talking to foreign call centres who don't understand your question. Not like HSBC in UK at all where I've been a customer for over 10 years. Short-sighted staff who don't care about business retention. I got no follow up from "Relationship Managers". Infuriating customer service

    Price
    7/10
    Features
    0/10
    Customer service
    1/10
    Convenience
    0/10
    Trust
    2/10
    Less
    Eleanor, Western Australia reviewed 4 months ago
  • Overall 9/10
    Excellent Customer Service

    This bank is friendly, great service and always smile when I enter the building.

    Read full review

    This bank is friendly, great service and always smile when I enter the building.

    Price
    10/10
    Features
    8/10
    Customer service
    10/10
    Convenience
    7/10
    Trust
    10/10
    Less
    Thomas, Victoria reviewed over 5 years ago
  • Overall 10/10
    Customer service is excellent

    Getting our HSBC home loan approved and up and running was so simple and the customer service we received was excellent.

    Read full review

    Getting our HSBC home loan approved and up and running was so simple and the customer service we received was excellent.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Kelly, Queensland reviewed over 6 years ago
  • Overall 9/10
    Great customer service and very competitive rate

    After shopping around at lots of banks I had started to lose faith that I would ever find the perfect home loan that suited my needs. HSBC completely restored my faith in banks. They were professional, friendly, helpful and most importantly - honest. They gave me advice as if they were my friend, and not just trying to win my business. Their rates were also the best I'd come across. I have since recommended them to two friends, who have each agreed with me.

    Read full review

    After shopping around at lots of banks I had started to lose faith that I would ever find the perfect home loan that suited my needs. HSBC completely restored my faith in banks. They were professional, friendly, helpful and most importantly - honest. They gave me advice as if they were my friend, and not just trying to win my business. Their rates were also the best I'd come across. I have since recommended them to two friends, who have each agreed with me.

    Price
    9/10
    Features
    8/10
    Customer service
    10/10
    Convenience
    9/10
    Trust
    10/10
    Less
    Danielle, Victoria reviewed almost 7 years ago
  • Overall 5/10
    Global & reliable

    I find it a good bank although difficult at times as as the call centers are now offshore.

    Read full review

    I find it a good bank although difficult at times as as the call centers are now offshore.

    Price
    5/10
    Features
    5/10
    Customer service
    5/10
    Convenience
    5/10
    Trust
    4/10
    Less
    Mozo community reviewer, New South Wales reviewed almost 7 years ago
HSBC

About HSBC

HSBC in Australia is part of the HSBC Group, one of the world's largest banking and financial services organisations. HSBC has products for every money need you can think of, including savings accounts and term deposits for your day-to-day money management, a suite of home loans to finance your dream home, plus credit card and personal loan options. With branches all over the world, HSBC is the world's local bank!

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fixed 3 years

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fixed 3 years

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Variable Home Loan (Premium Plus Package)

2.94% p.a. variable

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2.69% p.a. variable

2.86% p.a.

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2.63% p.a.

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2.59% p.a.

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2.39% p.a.

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2.65% p.a.

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Fixed Home Loan (Home Package Plus)

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3.31% p.a.

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2.29% p.a.
fixed 3 years

3.87% p.a.

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fixed 3 years

2.95% p.a.

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2.29% p.a.
fixed 3 years

3.72% p.a.

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Switch and Save Special - Fixed Home Loan

2.19% p.a.
fixed 3 years

2.65% p.a.

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fixed 3 years

3.44% p.a.

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*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.