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HSBC Standard Variable Home Loan (Home Loan Package)

Advertiser disclosure

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 70%

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 80%

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

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

The details shown below are for an investor taking out a principal & interest loan between $500,000 and $7,500,000 with an LVR below 70%

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

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

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 70%

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

  • Owner Occupier (Interest Only)

    LVR < 80%

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

  • Owner Occupier (Principal & Interest, Interest Only)

    LVR 80%-90%

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

  • Owner Occupier (Principal & Interest)

    LVR 70%-80%

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

  • Investor (Principal & Interest)

    LVR 70%-80%

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

  • Investor (Principal & Interest)

    LVR < 70%

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

  • Investor (Principal & Interest)

    LVR 80%-90%

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

  • Investor (Interest Only)

    LVR < 80%

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

  • Investor (Interest Only)

    LVR 80%-90%

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

Rate
2.29% p.a.
Comparison Rate
2.74% p.a.
Service fee
$390.00 yearly
Upfront fee
$0
Rate
3.08% p.a.
Comparison Rate
3.07% p.a.
Service fee
$390.00 yearly
Upfront fee
$0
Rate
2.64% p.a.
Comparison Rate
3.07% p.a.
Service fee
$390.00 yearly
Upfront fee
$0
Rate
2.54% p.a.
Comparison Rate
2.98% p.a.
Service fee
$390.00 yearly
Upfront fee
$0
Rate
2.79% p.a.
Comparison Rate
3.21% p.a.
Service fee
$390.00 yearly
Upfront fee
$120
Rate
2.54% p.a.
Comparison Rate
2.98% p.a.
Service fee
$390.00 yearly
Upfront fee
$120
Rate
2.99% p.a.
Comparison Rate
3.42% p.a.
Service fee
$390.00 yearly
Upfront fee
$120
Rate
3.04% p.a.
Comparison Rate
3.26% p.a.
Service fee
$390.00 yearly
Upfront fee
$120
Rate
3.24% p.a.
Comparison Rate
3.46% p.a.
Service fee
$390.00 yearly
Upfront fee
$120

Mozo editorial review HSBC Standard Variable Home Loan (Home Loan Package) - last updated: 5 October 2021

binocular icon
What's hot
  • 2.64% variable rate (3.07% comparison rate*)
  • Free extra repayments and redraw available
  • Cashback offer for refinancers (conditions apply)
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 (with Home Loan Package) offers a variable rate of 2.64% with a 3.07% 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.

On top of all these features, HSBC is currently offering cashback of up to $3,288 for new customers refinancing from another bank or lender. (Must apply by 31 December 2021).


key icon
Key features

The HSBC Premier Variable Home Loan (with Home Loan Package) is all about flexibility. With this loan, you’ll have a 2.64% variable rate and 3.07% 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.

This home loan just got a little bit sweeter for refinancers too, as HSBC is currently offering up to $3,288 cashback for new customers refinancing from another lender or bank. To be eligible you will have to be refinancing a loan of at least $250,000 and apply by 31 December 2021. If you do meet the terms and conditions, HSBC will transfer the cashback into your HSBC Transaction or Home Loan Account with 60 days of settlement.

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.


snapshot
Who is it good for

The HSBC Variable Home Loan (with Home Loan Package) 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.

question icon
Any catches

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 24 October 2021. 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

2.29% p.a.

n/a

n/a

n/a

2.74% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$390.00 yearly

$300.00

Other financial bits

$500,000

$7,500,000

none

70.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

$0.00

yes

yes

none

none

Receive $3,288 cashback when you refinance an existing home loan of $250,000. Must apply by 31 December 2021 and settle by 28 February 2022.

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 24 October 2021. 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

3.08% p.a.

n/a

n/a

n/a

3.07% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$390.00 yearly

$300.00

Other financial bits

$500,000

$7,500,000

none

80.00%

Features

Owner Occupier

Interest Only

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

$0.00

yes

yes

none

none

Receive $3,288 cashback when you refinance an existing home loan of $250,000. Must apply by 31 December 2021 and settle by 28 February 2022.

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 24 October 2021. 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

2.64% p.a.

n/a

n/a

n/a

3.07% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$390.00 yearly

$300.00

Other financial bits

$500,000

$7,500,000

80.00%

90.00%

Features

Owner Occupier

Principal & Interest, Interest Only

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

$0.00

yes

yes

none

none

Receive $3,288 cashback when you refinance an existing home loan of $250,000. Must apply by 31 December 2021 and settle by 28 February 2022.

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 24 October 2021. 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

2.54% p.a.

n/a

n/a

n/a

2.98% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$390.00 yearly

$300.00

Other financial bits

$500,000

$7,500,000

70.00%

80.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

$0.00

yes

yes

none

none

Receive $3,288 cashback when you refinance an existing home loan of $250,000. Must apply by 31 December 2021 and settle by 28 February 2022.

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 24 October 2021. 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

2.79% p.a.

n/a

n/a

n/a

3.21% 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

$0.00

n/a

$390.00 yearly

$300.00

Other financial bits

$500,000

$7,500,000

70.00%

80.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

$0.00

yes

yes

none

none

Receive $3,288 cashback when you refinance an existing home loan of $250,000. Must apply by 31 December 2021 and settle by 28 February 2022.

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 24 October 2021. 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

2.54% p.a.

n/a

n/a

n/a

2.98% 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

$0.00

n/a

$390.00 yearly

$300.00

Other financial bits

$500,000

$7,500,000

none

70.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

$0.00

yes

yes

none

none

Receive $3,288 cashback when you refinance an existing home loan of $250,000. Must apply by 31 December 2021 and settle by 28 February 2022.

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 24 October 2021. 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

2.99% p.a.

n/a

n/a

n/a

3.42% 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

$0.00

n/a

$390.00 yearly

$300.00

Other financial bits

$500,000

$7,500,000

80.00%

90.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

$0.00

yes

yes

none

none

Receive $3,288 cashback when you refinance an existing home loan of $250,000. Must apply by 31 December 2021 and settle by 28 February 2022.

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 24 October 2021. 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

3.04% p.a.

n/a

n/a

n/a

3.26% 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

$0.00

n/a

$390.00 yearly

$300.00

Other financial bits

$500,000

$7,500,000

none

80.00%

Features

Investor

Interest Only

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

$0.00

yes

yes

none

none

Receive $3,288 cashback when you refinance an existing home loan of $250,000. Must apply by 31 December 2021 and settle by 28 February 2022.

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 24 October 2021. 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

3.24% p.a.

n/a

n/a

n/a

3.46% 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

$0.00

n/a

$390.00 yearly

$300.00

Other financial bits

$500,000

$7,500,000

80.00%

90.00%

Features

Investor

Interest Only

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

$0.00

yes

yes

none

none

Receive $3,288 cashback when you refinance an existing home loan of $250,000. Must apply by 31 December 2021 and settle by 28 February 2022.

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.

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Based on 129 HSBC home loan reviews

Latest reviews of HSBC Standard Variable Home Loan (Home Loan Package)

About HSBC

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.