HSBC Premier Standard Variable Home Loan

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

The details shown below are for an owner occupier taking out a principal & interest, interest only loan between $500,000 and $749,999 with an LVR below 90%

The details shown below are for an owner occupier taking out a principal & interest, interest only loan between $750,000 and $1,499,999 with an LVR below 90%

The details shown below are for an owner occupier taking out a principal & interest, interest only loan between $1,500,000 and $7,500,000 with an LVR below 90%

The details shown below are for an investor taking out a principal & interest loan between $500,000 and $749,000 with an LVR below 90%

The details shown below are for an investor taking out a principal & interest loan between $750,000 and $1,499,000 with an LVR below 90%

The details shown below are for an investor taking out a principal & interest loan between $1,500,000 and $7,500,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan between $500,000 and $749,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan between $750,000 and $1,499,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan between $1,500,000 and $7,500,000 with an LVR below 90%

Choose the version of loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 90%

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

  • Owner Occupier (Interest Only)

    LVR < 90%

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

  • Owner Occupier (Principal & Interest, Interest Only)

    LVR < 90%

    Loan: $500,000 $749,999

  • Owner Occupier (Principal & Interest, Interest Only)

    LVR < 90%

    Loan: $750,000 $1,499,999

  • Owner Occupier (Principal & Interest, Interest Only)

    LVR < 90%

    Loan: $1,500,000 $7,500,000

  • Investor (Principal & Interest)

    LVR < 90%

    Loan: $500,000 $749,000

  • Investor (Principal & Interest)

    LVR < 90%

    Loan: $750,000 $1,499,000

  • Investor (Principal & Interest)

    LVR < 90%

    Loan: $1,500,000 $7,500,000

  • Investor (Interest Only)

    LVR < 90%

    Loan: $500,000 $749,000

  • Investor (Interest Only)

    LVR < 90%

    Loan: $750,000 $1,499,000

  • Investor (Interest Only)

    LVR < 90%

    Loan: $1,500,000 $7,500,000

3.65% p.a.

4.11% p.a.

$35.00 monthly

HSBC Premier Standard Variable Home Loan

3.65% p.a.

4.11% p.a.

$35.00 monthly

3.95% p.a.

4.40% p.a.

$35.00 monthly

HSBC Premier Standard Variable Home Loan

3.95% p.a.

4.40% p.a.

$35.00 monthly

4.58% p.a.

5.02% p.a.

$35.00 monthly

HSBC Premier Standard Variable Home Loan

4.58% p.a.

5.02% p.a.

$35.00 monthly

4.53% p.a.

4.97% p.a.

$35.00 monthly

HSBC Premier Standard Variable Home Loan

4.53% p.a.

4.97% p.a.

$35.00 monthly

4.48% p.a.

4.92% p.a.

$35.00 monthly

HSBC Premier Standard Variable Home Loan

4.48% p.a.

4.92% p.a.

$35.00 monthly

5.20% p.a.

5.62% p.a.

$35.00 monthly

HSBC Premier Standard Variable Home Loan

5.20% p.a.

5.62% p.a.

$35.00 monthly

5.15% p.a.

5.57% p.a.

$35.00 monthly

HSBC Premier Standard Variable Home Loan

5.15% p.a.

5.57% p.a.

$35.00 monthly

5.10% p.a.

5.52% p.a.

$35.00 monthly

HSBC Premier Standard Variable Home Loan

5.10% p.a.

5.52% p.a.

$35.00 monthly

5.50% p.a.

5.91% p.a.

$35.00 monthly

HSBC Premier Standard Variable Home Loan

5.50% p.a.

5.91% p.a.

$35.00 monthly

5.45% p.a.

5.86% p.a.

$35.00 monthly

HSBC Premier Standard Variable Home Loan

5.45% p.a.

5.86% p.a.

$35.00 monthly

5.40% p.a.

5.81% p.a.

$35.00 monthly

HSBC Premier Standard Variable Home Loan

5.40% p.a.

5.81% p.a.

$35.00 monthly

Mozo Review   HSBC Premier Standard Variable Home Loan Review

Last updated: 27 August 2018.

What's hot:
  • Low 3.70% variable rate (4.14% comparison rate)

  • Free extra repayments and redraw available

  • Borrow up to 90% of the property’s value

What's not:
  • $300 application fee

Mozo snapshot:

With multiple Mozo Experts Choice Awards under its belt, HSBC know a thing or two about providing great value financial products. The HSBC Variable Home Loan (Premier) offers a low variable rate of 3.70% with a 4.14% comparison rate. While there is a $35 monthly service fee, you’ll be able make free extra repayments to your loan as well as have access to the free redraw facility and an offset account.


Key features:

The HSBC Premier Variable Home Loan is all about flexibility. With this loan, you’ll have a 3.69% variable rate and 3.70% comparison rate, plus the option to split your loan between fixed and variable rates if you ever want to lock in your rate.

Your can also pay your loan off on a schedule that suits you best - either weekly, fortnightly or monthly, while saving on interest with the free extra repayments feature and 100% offset account. And if you’re ever hit with an unexpected bill, you’ll be able to redraw any of these extra repayments for free.

You’ll need to factor the $300 application fee into your budget along with the $35 monthly service fee and while you are able to borrow with as little as a 10% deposit, remember that if you do you’ll have to pay Lenders Mortgage Insurance (LMI), as with any home loan.


Who it's good for:

The HSBC Variable Home Loan is a good choice for borrowers who are looking for a low rate loan of up to $7.5 million and want the flexibility and value of a few extra features, like the 100% offset account.

Any catches?

Even though this loan does have a maximum LVR of 90%, you will have to pay LMI if you apply with a deposit smaller than 20%. You will also need to consider whether the loan’s flexible features outweigh the $300 application fee and $35 monthly service fee.

Details

Rates and fees information correct as at 20 October 2018.

Rates
  • 3.65% p.a.

  • n/a

  • 0 Months

  • none

  • 4.11% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $300.00

  • $0.00

  • $0.00

  • $150.00

  • none

  • $35.00 monthly

  • $300.00

Other financial bits
  • $500,000

  • $7,500,000

  • none

  • 90.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • 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 20 October 2018.

Rates
  • 3.95% p.a.

  • n/a

  • 0 Months

  • none

  • 4.40% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $300.00

  • $0.00

  • $0.00

  • $150.00

  • none

  • $35.00 monthly

  • $300.00

Other financial bits
  • $500,000

  • $7,500,000

  • none

  • 90.00%

Features
  • Owner Occupier

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • 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 20 October 2018.

Rates
  • 4.58% p.a.

  • n/a

  • 0 Months

  • none

  • 5.02% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $300.00

  • $0.00

  • $0.00

  • $150.00

  • none

  • $35.00 monthly

  • $300.00

Other financial bits
  • $500,000

  • $749,999

  • none

  • 90.00%

Features
  • Owner Occupier

  • Principal & Interest, Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • 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 20 October 2018.

Rates
  • 4.53% p.a.

  • n/a

  • 0 Months

  • none

  • 4.97% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $300.00

  • $0.00

  • $0.00

  • $150.00

  • none

  • $35.00 monthly

  • $300.00

Other financial bits
  • $750,000

  • $1,499,999

  • none

  • 90.00%

Features
  • Owner Occupier

  • Principal & Interest, Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • 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 20 October 2018.

Rates
  • 4.48% p.a.

  • n/a

  • 0 Months

  • none

  • 4.92% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $300.00

  • $0.00

  • $0.00

  • $150.00

  • none

  • $35.00 monthly

  • $300.00

Other financial bits
  • $1,500,000

  • $7,500,000

  • none

  • 90.00%

Features
  • Owner Occupier

  • Principal & Interest, Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • 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 20 October 2018.

Rates
  • 5.20% p.a.

  • n/a

  • 0 Months

  • none

  • 5.62% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $120.00

  • $150.00

  • none

  • $35.00 monthly

  • $300.00

Other financial bits
  • $500,000

  • $749,000

  • none

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • 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 20 October 2018.

Rates
  • 5.15% p.a.

  • n/a

  • 0 Months

  • none

  • 5.57% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $120.00

  • $150.00

  • none

  • $35.00 monthly

  • $300.00

Other financial bits
  • $750,000

  • $1,499,000

  • none

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • 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 20 October 2018.

Rates
  • 5.10% p.a.

  • n/a

  • 0 Months

  • none

  • 5.52% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $120.00

  • $150.00

  • none

  • $35.00 monthly

  • $300.00

Other financial bits
  • $1,500,000

  • $7,500,000

  • none

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • 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 20 October 2018.

Rates
  • 5.50% p.a.

  • n/a

  • 0 Months

  • none

  • 5.91% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $120.00

  • $150.00

  • none

  • $35.00 monthly

  • $300.00

Other financial bits
  • $500,000

  • $749,000

  • none

  • 90.00%

Features
  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • 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 20 October 2018.

Rates
  • 5.45% p.a.

  • n/a

  • 0 Months

  • none

  • 5.86% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $120.00

  • $150.00

  • none

  • $35.00 monthly

  • $300.00

Other financial bits
  • $750,000

  • $1,499,000

  • none

  • 90.00%

Features
  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • 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 20 October 2018.

Rates
  • 5.40% p.a.

  • n/a

  • 0 Months

  • none

  • 5.81% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $120.00

  • $150.00

  • none

  • $35.00 monthly

  • $300.00

Other financial bits
  • $1,500,000

  • $7,500,000

  • none

  • 90.00%

Features
  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • 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
7.0/10

Based on 109 HSBC home loan reviews

Price
6.7/10
Features
6.6/10
Customer service
7.1/10
Convenience
6.3/10
Trust
7.2/10

Latest reviews of HSBC Premier Standard Variable Home Loan

  • Overall
    7/10
    Great bank

    Good service

    Good service

    Price
    7/10
    Features
    7/10
    Customer service
    7/10
    Convenience
    7/10
    Trust
    7/10

    Priya | Victoria

    reviewed over 2 years ago

  • Overall
    10/10
    Great Bank

    We move alot from Australia to Overseas and the bank does all the setup for us.

    We move alot from Australia to Overseas and the bank does all the setup for us.

    Price
    9/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    9/10

    Julie | Queensland

    reviewed over 3 years ago

  • Overall
    9/10
    Best personalised service

    We have received best personal service since the day of joining the bank. The bank manager and...

    We have received best personal service since the day of joining the bank. The bank manager and our personal bank officer always make it a point to come out and say hello, look after our needs and make us feel special. Therefore, despite the inconvenience of having only one branch in the ACT, we are prepared to travel a bit further for the personalised service.

    Price
    7/10
    Features
    6/10
    Customer service
    9/10
    Convenience
    6/10
    Trust
    9/10

    Sat | Australian Capital Territory

    reviewed about 4 years ago

  • Overall
    0/10
    Totally nightmare, especially for first home buyer

    - Always lie to customer's enquiries. - Missing documents for submission - Causing settlement...

    - Always lie to customer's enquiries. - Missing documents for submission - Causing settlement delay - Never pick up phone calls - Occasionally do not reply email - Promised documents that will mail to you never arrive (more than a month waiting). Blaming AusPost's fault. - Never really follow-up your case and always response to you "it's processing" - Rude customer service (e.g. One of the RM from Camberwell branch said I don't have commonsense on property purchase and he knew that I was First home buyer)

    Price
    3/10
    Features
    0/10
    Customer service
    0/10
    Convenience
    0/10
    Trust
    0/10

    Guest | Victoria

    reviewed almost 5 years ago

  • Overall
    8/10
    Competitive rates along with good customer service

    I have been getting good service from this bank for the last nine years and they have been reliable.

    I have been getting good service from this bank for the last nine years and they have been reliable.

    Price
    8/10
    Features
    8/10
    Customer service
    8/10
    Convenience
    8/10
    Trust
    8/10

    Name not supplied | Victoria

    reviewed about 5 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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Newcastle Permanent

Fixed Rate Home Loan

3.99% p.a.
fixed 3 years

4.82% p.a.

$0

Promoted

Virgin Money

Virgin Money

Reward Me Fixed Rate Home Loan

3.87% p.a.
fixed 3 years

4.02% p.a.

$150

Promoted

bcu

bcu

Fixed Rate Home Loan

3.90% p.a.
fixed 3 years

4.78% p.a.

$600

Promoted

UBank

UBank

UHomeLoan (Fixed)

3.74% p.a.
fixed 3 years

4.01% p.a.

$395

Promoted

loans.com.au

loans.com.au

Essentials Variable

3.64% p.a.

3.66% p.a.

$0.00

Promoted

HSBC

HSBC

Home Value Loan

3.59% p.a.

3.61% p.a.

$0.00

Promoted

UBank

UBank

UHomeLoan - Offer

3.59% p.a.

3.59% p.a.

$0.00

Promoted

Mozo

Mozo

Mystery Bank Deal

3.54% p.a.

3.60% p.a.

$0.00

Promoted

Gateway Bank

Gateway Bank

Low Rate Essentials Home Loan

3.64% p.a.

3.66% p.a.

$0.00

Promoted

Virgin Money

Virgin Money

Reward Me Variable Rate Home Loan

3.64% p.a.

3.78% p.a.

$10.00 monthly

Promoted

UBank

UBank

UHomeLoan - Offer

3.59% p.a.

3.59% p.a.

$0.00

*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.