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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, 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 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 interest only loan between $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 $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 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, Interest Only)

    LVR < 90%

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

  • Owner Occupier (Principal & Interest)

    LVR < 80%

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

  • Owner Occupier (Interest Only)

    LVR < 80%

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

  • Owner Occupier (Interest Only)

    LVR < 90%

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

  • Investor (Principal & Interest)

    LVR < 80%

    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
2.64% p.a.
Comparison Rate
3.07% p.a.
Service fee
$390.00 yearly
Upfront fee
$0
Rate
2.54% p.a.
Comparison Rate
2.97% p.a.
Service fee
$390.00 yearly
Upfront fee
$0
Rate
3.08% p.a.
Comparison Rate
3.50% p.a.
Service fee
$390.00 yearly
Upfront fee
$0
Rate
2.98% p.a.
Comparison Rate
3.40% 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
2.99% p.a.
Comparison Rate
3.42% p.a.
Service fee
$390.00 yearly
Upfront fee
$120
Rate
3.04% p.a.
Comparison Rate
3.47% p.a.
Service fee
$390.00 yearly
Upfront fee
$120
Rate
3.24% p.a.
Comparison Rate
3.66% p.a.
Service fee
$390.00 yearly
Upfront fee
$120

Mozo editorial review HSBC Standard Variable Home Loan (Home Loan Package)

Last updated: 30 April 2021.

binocular icon
What's hot
  • 2.69% variable rate (3.12% 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 2.69% with a 3.12% 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 May 2021 and settle by 31 July 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 2.69% variable rate and 3.12% 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 May 2021 and settle by 31 July 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 14 May 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

  • none

  • 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 when you refinance a minimum of $250k for applications from 15 Feb to 31 May 2021, settled by 31 July 2021.

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 14 May 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

  • 2.97% 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

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • Receive $3,288 when you refinance a minimum of $250k for applications from 15 Feb to 31 May 2021, settled by 31 July 2021.

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 14 May 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

  • 3.50% 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 when you refinance a minimum of $250k for applications from 15 Feb to 31 May 2021, settled by 31 July 2021.

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 14 May 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
  • 2.98% p.a.

  • n/a

  • n/a

  • n/a

  • 3.40% 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

  • 90.00%

Features
  • Owner Occupier

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • Receive $3,288 when you refinance a minimum of $250k for applications from 15 Feb to 31 May 2021, settled by 31 July 2021.

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 14 May 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

  • none

  • 80.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

  • Receive $3,288 when you refinance a minimum of $250k for applications from 15 Feb to 31 May 2021, settled by 31 July 2021.

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 14 May 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 when you refinance a minimum of $250k for applications from 15 Feb to 31 May 2021, settled by 31 July 2021.

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 14 May 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

  • 3.47% 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 when you refinance a minimum of $250k for applications from 15 Feb to 31 May 2021, settled by 31 July 2021.

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 14 May 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

  • 3.66% 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 when you refinance a minimum of $250k for applications from 15 Feb to 31 May 2021, settled by 31 July 2021.

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
6.9/10

Based on 127 HSBC home loan reviews

Price
6.7/10
Features
6.5/10
Customer service
6.8/10
Convenience
6.2/10
Trust
7.0/10

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

Thumbnail icon for 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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2.04% p.a.
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3.60% p.a.

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2.83% p.a.

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2.34% p.a. variable

2.34% p.a.

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2.08% p.a.

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2.47% p.a.

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UHomeLoan - Discount Offer

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2.34% p.a.

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AcceleRATES Variable Home Loan

1.99% p.a.

1.99% p.a.

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Basic Home Loan

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2.49% p.a.

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fixed 3 years

2.70% p.a.

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UHomeLoan (Fixed)

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fixed 3 years

2.24% p.a.

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Basic Home Loan (Fixed)

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fixed 3 years

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fixed 3 years

2.17% p.a.

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fixed 3 years

3.60% p.a.

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1.98% p.a.
fixed 3 years

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fixed 3 years

2.53% p.a.

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2.47% p.a.

$0.00

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1.99% p.a.

1.99% p.a.

$0.00

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Yard

Variable Home Loan Special

2.09% p.a.

2.12% p.a.

$0.00

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2.17% p.a.

2.20% p.a.

$0.00

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2.49% p.a.

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2.19% p.a.

2.20% p.a.

$0.00

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2.08% p.a.

$0.00

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UHomeLoan - Discount Offer

2.34% p.a.

2.34% 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.