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Home Equity Loan

A mortgage that gives you freedom to pay interest only, with no fixed term.

Fuss free and full of flexibility

Take advantage of the HSBC Home Equity Loan, which is a line of credit that gives you the freedom to pay interest only for the life of the loan. 

  • Make interest only payments
  • Get unlimited free redraws
  • Enjoy no fixed loan periods

Owner occupied interest rate

Loan to Value Ratio (LVR) 80% or less, interest only rate[@loans-home-equity-promo-offer] with package[@mortgages-home-loan-package]
7.37% p.a.

Enjoy the benefits of our Home Loan Package, included

Benefit from our Home Loan Package, included with all Home Equity and Home Smart loans. For only $390 per year, you'll enjoy:

  • $0 establishment fee
  • $0 valuation fee (for standard valuations only)
  • $0 settlement fee

What you get with a Home Equity Loan

Flexibility

You can make additional repayments as you wish or choose to pay interest only.

Free local transactions

Make free local transactions[@other-fees-charges-apply] from your home loan using your debit card and via mobile payments.[@cards-mobile-payments]

Support from a Home Loan Manager

Get a helping hand to guide you through the process, every step of the way.

Home Loan Package

With our Home Loan Package included, you can pay your mortgage faster with fewer upfront fees – all for $390 per year.

Home Equity interest rates

These interest rates are for owner occupied and investment properties with interest only payments.
Rate type Interest rate[@loans-home-equity-promo-offer]
Owner occupied 7.37% p.a.
Investment 7.57% p.a.
These interest rates are for owner occupied and investment properties with interest only payments.
Rate type Owner occupied
Interest rate[@loans-home-equity-promo-offer] 7.37% p.a.
Rate type Investment
Interest rate[@loans-home-equity-promo-offer] 7.57% p.a.

Rates are for interest only payments, and are current as of 16 December 2024. Rates are subject to change.

Check all of our home loan interest rates and reference rates.

Fees

Find out the additional costs for your loan – additional fees may apply, please refer to the schedule of fees and charges for home loans.
Fee Details
Establishment fee $0
Settlement fee $0
Valuation fee (for standard valuations only) $0
Home Loan Package fee $390
Variation fee (if you make changes to your loan) $300
Find out the additional costs for your loan – additional fees may apply, please refer to the schedule of fees and charges for home loans.
Fee Establishment fee
Details $0
Fee Settlement fee
Details $0
Fee Valuation fee (for standard valuations only)
Details $0
Fee Home Loan Package fee
Details $390
Fee Variation fee (if you make changes to your loan)
Details $300

Important documents

Ready to get started?

Enquire now

If you'd like to find out more about our home loans, fill in our enquiry form and one of our home loan managers will get in touch with you.

Contact us by phone

If you prefer to talk to us over the phone, speak to a home loan manager today for instant support.

Other ways to apply 

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Important information

Credit provided by HSBC Bank Australia ABN 48 006 434 162. Australia Credit Licence 232595. Home Loan Terms, Personal Banking Booklet, Fees and Charges and lending criteria apply. See Target Market Determinations for our products.