HSBC Home Value
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97%
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Moneybuddy says
The HSBC Home Value is a basic loan featuring a lower interest rate and no monthly account fees. Telephone banking is available, but you can only access account balances however. Make additional payments when you like to help decrease your loan. Redraw cash when you need it and transfer your loan if you buy another home elsewhere, saving you application and other fees.
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 7.50%
Minimum loan term -
Maximum loan term -
Min loan amount -
Max loan amount -
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 $40
* 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
- No monthly fees
- Weekly
- fortnightly or monthly repayments
- Split your loan
Cons
- Phone banking includes balance checks only
More from HSBC
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