Home Loan Comparison

Here's a quick glance at the features of our home loans to help you work out which has the features you need.

	Home Smart Home Loans	Home Equity Home loans	Floating Rate Home Loans	Fixed Rate Home Loans	Foreign Currency Home Loans
Key focus / feature	The fast track to paying off your loan	Unlock the equity in your home	Flexibility	Security and peace of mind	Get a home loan in the currency you earn
What type of interest rate?	Floating	Floating (set above variable rate)	Floating	Fixed	Fixed every 3 months
What is the minimum loan?	$500,000	$500,000	$500,000	$500,000	$500,000
What is the loan term?	Maximum 30 years	Maximum 30 years, can be on demand	Maximum 30 years	Maximum 30 years	Maximum 20 years, can be on demand
What are the repayment terms?	Principal and interest - monthly	Interest only - monthly	Principal and Interest or interest only. Monthly or fortnightly	Principal and Interest or interest only. Monthly or fortnightly	Principal & Interest (no interest only loans)
Salary crediting	Yes	Yes	No	No	No
Can I make automatic transfers from another account into my Home Loan account?	Yes	Yes	No	N/A	N/A
Can I make additional repayments or arrange early pre-payments?	Yes	Yes	Yes	Yes, however early pre-repayment costs / fees apply	Yes, at the end of the 3 month interest period
Convenient access to funds	Yes. ATM, EFTPOS, Internet, PhoneBanking, cheque and any HSBC branch	Yes. ATM, EFTPOS, Internet, PhoneBanking, cheque and any HSBC branch	N/A	N/A	N/A
Statements	Monthly	Monthly	Monthly	Monthly	Monthly

* Standard Loan Terms apply to all HSBC home loans and the Personal Financial Services Terms and Conditions apply to the operation of transactional accounts. Both are available on application. Lending criteria and minimum loan value applies. Lenders Mortgage Insurance and/or an application fee may apply which may be altered from time to time. Charges for certain transactions apply. For full details please refer to HSBC's Personal Financial Services Fees and Charges. If you prepay your fixed rate loan before the end of the fixed rate period a prepayment loss may become payable. Click here for more information.