Home Loan Comparison

Here's a quick glance at the features of our home loans.

	Home Equity Home loans	Floating Rate Home Loans	Fixed Rate Home Loans	Foreign Currency Home Loans
Key focus / feature	Unlock the equity in your home	Flexibility	Peace of mind	Get a home loan in the currency you earn
What type of interest rate?	Floating (set above variable rate)	Floating	Fixed	Fixed every 3 months
What is the minimum new HSBC Premier home loan(s) amount?*	$500,000	$500,000	$500,000	$500,000
What is the loan term?	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?	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	No	No	No
Can I make automatic transfers from another account into my Home Loan account?	Yes	No	N/A	N/A
Can I make additional repayments or arrange early pre-payments?	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	N/A	N/A	N/A
Statements	Monthly	Monthly	Monthly	Monthly

*HSBC will only provide home loans to new customers if they meet our HSBC Premier qualifying criteria, click here to find out more.

Once you become a qualified HSBC Premier customer minimum home loan values no longer apply, although other home lending criteria may still need to be met.

Standard Loan Terms apply to all HSBC home loans, Premier Terms & Conditions and Personal Financial Services Terms and Conditions and Fees & Charges apply. 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. 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.