HSBC Premier home loans overview

Here's a quick glance at the features of our home loans.
HSBC Premier eligibility for home loans is a combined minimum lending value of $500,000.

	Home Smart Home Loan	Home Equity Home Loan	Floating Rate Home Loan	Fixed Rate Home Loan	Foreign Currency Home Loan
Key focus / feature	Building your wealth	Unlock the equity in your home	Flexibility	Be in control	Get a home loan in the currency you are paid in
What type of interest rate?	Floating	Variable (set over floating rate)	Floating	Fixed	Fixed every three months
What is the loan term?	Maximum 30 years	On demand	Maximum 30 years	Maximum 30 years*	Maximum 20 years
What are the repayment terms?	Principal and Interest only. 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)
Can I make direct payments from my salary?	Yes	Yes	No	No	No
Can I make automatic transfers from another HSBC Transactional account into my Home Loan account?**	Yes	Yes	No	N/A	N/A
Can I make additional repayments or arrange early prepayments?	Yes	Yes	Yes	Yes, however early prerepayment costs / fees apply	Yes, at the end of the three month interest period
Convenient access to funds	Yes, through ATM, EFTPOS, internet banking, automated phone banking, cheque and from any HSBC Premier Centre	Yes, through ATM, EFTPOS, internet banking, phone banking, cheque and from any HSBC Premier Centre	No	No	No
Statements	Monthly	Monthly	Monthly	Monthly	Monthly

HSBC will only provide home loans to new customers if they meet our HSBC Premier qualifying criteria. Once you become a qualified HSBC Premier customer minimum home loan values no longer apply, although other home loan lending criteria may still need to be met.
*Fixed Rate Home Loans are available in the following fixed interest rate terms: six months, one, two, three, four or five years.
**All home loan repayments must be facilitated through an HSBC Transactional account.