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

Enquire online for a HSBC home loan as an new customer This link will open in a new window

Existing customers

Existing HSBC Australia customers with online banking

Log on and enquire for a HSBC home loan as an existing customer This link will open in a new window

Find your nearest branch

Call us today

Call us on 1300 694 722

Key fact sheet This link will open in a new window

Fees and charges (PDF, 68 KB) Home Loan Fees and charges Download

Terms and conditions (PDF, 505 KB) Home Loan Terms and conditions Download

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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.
¹Loan 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.