Standard Variable - Reference Rate
Standard Variable Home Loan
- From (owner occupied)
- 8.76%
- 9.45% comparison
Interest Rates
Owner occupied — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable O/O Variable P&I (Package) | 8.76% | 9.45% | — |
Owner occupied — Interest only
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable O/O Variable IO (Package) | 8.76% | 8.82% | — |
Investment — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable INV Variable P&I (Package) | 9.38% | 8.82% |
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 |
| Lenders Mortgage Insurance For mortgage insured loans and when a customer first draws on their loan. This is the amount the insurer charges us, which we will charge to the customer. | Other | From $0.00 |
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 Standard Variable Rate Loan
- Unlimited free deposits into the Standard Variable Loan
- Offset account
- 100% offset with unlimited free local credits and debits
- Extra repayments
- Split your loan balance into separate fixed rate and variable rate accounts
Eligibility
- Minimum age — 18 years
- Residency status — Available to Australian Residents OnlyNot available to non-residents
- 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.
Constraints
- Minimum limit — $50,000.00
- Maximum limit — $15,000,000.00
- Minimum LVR — 0.01%
- Maximum LVR — 90%
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 STANDARD VARIABLE RR · View on CDR.gov.au