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Home Smart Loan

Combine your income, savings and loan into one account Apply Today for a HSBC home loan

Why choose a Home Smart Loan?

The Home Smart Loan offers the freedom of an equity loan plus the control of a variable rate principal and Interest Home Loan. Any additional funds that you pay into the Home Smart Loan reduces interest charges.
  • Transactional access to your home loan with fee free redraws on available funds
  • Additional funds paid into this loan reduces interest charges
  • Variable interest rate
  • Minimum borrowing amount $50,000

Interest Rates

Based on an Owner Occupied Interest Rate (Principal and Interest)
5.33% p.a.
Interest Rate
5.39% p.a
Comparison Rate

The comparison rate is based on a secured loan of $150,000 over the term of 25 years. WARNING: This comparsion rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Key product details

Key product details for the Home Smart home loan

Product Features

Details

Interest type

Variable

Maximum Loan to Value Ratio (LVR) Owner Occupied

90%1

Maximum Loan to Value Ratio (LVR) Investment

80%1

Funds available

Apply for $50,000 to $7,500,000, subject to approval.

Establishment fee

$600

Monthly fee

No monthly fee (other fees and charges may apply).

Combine

Combine this loan with one of our other competitive home loan products.

Portable

Transfer your home loan to your new property if you decide to move, subject to approval.

Redraw of available funds

Redraws of available funds at no extra cost.

Repayment options

Principal and Interest only.

Repayment method

Salary credited

Payment frequency

Monthly only.

Additional repayments

Flexibility to make additional repayments without an early repayment fee can save you interest.

Loan term

1 to 30 years.

Purpose

Available for owner occupied or investment.

Rates and fees

Rates for the Home Smart home loan

Rate Type

Owner Occupied

Investors

Interest Rate

(Principal and Interest)

5.33% p.a.  5.95% p.a. 

Comparison Rate

(Principal and Interest)

5.39% p.a.  6.02% p.a. 

Rates are current as at:

(and subject to change)

 

12 November 2018

The comparison rate is based on a secured loan of $150,000 over the term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Fees for the Home Smart home loan

Fee Type

Details

Monthly Fee

$0

Establishment fee

$600

Valuation fee

Quoted on application

Settlement fee

$150

Redraw fee

$0

Variation fee

$300

Early repayment fee

$0

Other fees and charges may apply. Please refer to fees and charges guide (PDF, 68 KB).

Apply for a Variable Rate Home Loan

New customers

New HSBC Australia customers or existing customer who do not have online banking

Call us today

Call us on 1300 694 722

You might be interested in

Compare our range of HSBC Home Loans.

Find the facts and figures you need to help make decisions.

Information to help you through the process of buying your home.

Information to help you make your first big investment into property

The Canstar 5-Star Rating for Outstanding Value Home Lender, and Variable Home Lender in the Owner Occupied category was awarded in March 2018.

^ Interest Only Rates are available on HSBC's Interest Rate page. Terms, conditions and restrictions apply.

Loan to Value Ratio (LVR) subject to HSBC's assessment, lending criteria and Lender's Mortgage Insurance (LMI) acceptance.

Credit provided by HSBC Bank Australia ABN 48 006 434 162. Australia Credit Licence 232595. Terms, conditions (PDF, 505 KB),fees, charges (PDF, 68 KB)  and lending criteria apply.