HSBC Fixed Rate
-
97.00%
-
Moneybuddy says
The HSBC Fixed Rate guarantees your interest rate to be set for up to 5 years. The Low Doc process is ideal for self employed candidates or people with poorer credit history. You can make extra payments every year up to $10,000 without incurring a fee and you can choose to pay interest only if you need to. Package your loan with other services to receive a discount.
The Basics
Interest type -
Headline interest rate -
Max LVR 97.00%
Annual fee -
The cool stuff: features
Draw down loan progressively -
Insurance details -
Loan is Transferable Yes
Line of credit available No
Product suits -
The Facts & Figures
Introductory rate -
Introductory term -
Interest rate 1 year -
Interest rate 2 years -
Interest rate 3 years -
Interest rate 4 years -
Interest rate 5 years -
Interest rate 7 years -
Interest rate 10 years -
Interest rate 15 years -
Comparison rate 1 year -
Comparison rate 2 years -
Comparison rate 3 years -
Comparison rate 4 years -
Comparison rate 5 years -
Comparison rate 7 years -
Comparison rate 10 years -
Comparison rate 15 years -
Comparison rate -
Minimum loan term -
Maximum loan term 30 years
Min loan amount $50,000
Max loan amount $7,500,000
Early repayments Yes
Redraw facility No
Repayment holiday No
Ability to split loan Yes
Extra repayments Yes
Offset account available No
Interest only payments Yes
The ugly stuff: fees
Application fee $500
Valuation fee -
Subsequent valuation fee -
Valuation fee details -
Discharge fee -
Discharge fee details -
Legal fee -
Settlement fee -
Redraw fee -
* Important note: All information provided by advertiser or taken from advertiser website and correct at time of publishing. If this information is incorrect, please contact us.
Pros
- Make extra payments
- Low Doc
- No monthly fees
Cons
- Phone banking includes balances only
- No redraw facility
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