Home Equity (Package)
Line of Credit loan
- From (owner occupied)
- 7.37%
- Variable
Interest Rates
Owner occupied — Interest only
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable OO Package Home Equity IO (LVR<=80%) | 7.37% | — | LVR |
Investment — Interest only
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable INV Package Home Equity IO (LVR<=80%) | 7.57% | — | LVR |
Fees
| Fee | Type | Amount |
|---|---|---|
| Establishment Fee When we process a customers loan application. Waived during campaign | Upfront | $600.00 |
| Settlement Fee When a customers loan is first drawn. Waived during campaign | Upfront | $150.00 |
| PEXA Electronic Transaction Service Fee When we settle the customers new loan or discharge. The amount the electronic settlement operator charges us, which we will charge to the customer. | Other | From $0.00 |
| Valuation Fee When any valuation is required as part of the customers loan application. This is the amount the valuer charges HSBC, which we will then charge the customer. Waived during campaign up to $200 | Event | From $0.00 |
| Loan Splitting Fee For a fourth loan account or more. | Upfront | $100.00 |
| Home Loan Package Fee Charged yearly · Payable when the home loan package has been selected, and the customer first draws on the loan, or enter the package through a variation; and annually in advance on the second business day of each settlement anniversary month of their loan. It is payable in addition to the monthly loan repayment. The Home Loan Package Fee is paid annually, in advance, and is not refundable. The fee applies per each borrowing entity which can include individual(s). This means if you have multiple loans with the same borrowing entity, you will pay only one Home Loan Package fee at settlement, and annually thereafter.On the other hand, if you have multiple loans with a different borrowing entity, you will be charged one Home Loan Package fee per borrowing entity at settlement, and annually thereafter. |
Features
- Redraw facility
- Unlimited free redraws
- Digital banking
- Ability to transfer in and out of the home loan online
- Bill payment (BPAY) — Free bpay from your Home Equity Loan
- Extra repayments
- Unlimited free deposits into the home Equity account
- Card access — Linked Visa Debit Card for this Home Loan available
- Digital wallet — Apple Pay
- Digital wallet — Google Pay
Eligibility
- 1. To be eligible for HSBC Home Loan Package, you must have minimum borrowings of $150,000 and pay the annual package fee of $390. The package fee will be deducted from the loan proceeds at settlement, and charged to the package home loan on the first business day of the loan anniversary month. Excludes non-resident applications.
- Residency status — Must be an Australian Resident to be eligible for packageNot available to non-residents
Constraints
- Minimum limit — $20,000.00
- Maximum limit — $1,000,000.00
- Minimum LVR — 0.01%
- Maximum LVR — 80%
Bundles
Home Loan Package
Lower interest rates, less fees with the home loan package
Benefit from an even lower rate on an eligible home loan when you choose package option. No establishment fee, no valuation fee and no settlement fee. Eligibility criteria applies
More Information
Published by HSBC under the Consumer Data Right · Last updated 17 May 2026 · Product ID HOME EQUITY P · View on CDR.gov.au