HSBC Home Rewards

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Headline interest rate
-

Max LVR
97%

Annual fee
-

Moneybuddy says

The HSBC Home Rewards is higher than the comparison rate initially, but reduces by 0.25% after the first year. After the second year it drops another 0.50% and then it stays at 0.75% below the standard variable rate for the term of the loan. This loan suits owner/occupiers and investors and you can take advantage of the loan split to maximise protection against rate rises and enjoy zero monthly fees. Make extra payments to reduce interest. Make minimum interest only repayments weekly, fortnightly or monthly.

The Basics

Interest type -

Headline interest rate -

Max LVR 97%

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 7.45%

Minimum loan term -

Maximum loan term 30 years

Min loan amount $50,000

Max loan amount $7,500,000

Early repayments No

Redraw facility Yes

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 $300

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.