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Overhead view of a group of people passing side dishes during dinner at dining table; image used for HSBC Australia Premier 2 Year Fixed Rate Home Loan.

2 Year Fixed Rate Home Loan

Life isn't certain, but with a 2.09% p.a.* rate your repayments will be

Know where you'll be in two years

Looking for some certainty? Now's time to lock in HSBC's low 2 Year Fixed Rate Home Loan. Be confident in what your repayments will be every month. Plus, enjoy the benefits of:
  • A Relationship Manager to guide you through the application process
  • The security of a fixed rate for 2 years
  • The ability to make $10,000 extra repayments per year+
  • No ongoing monthly service fees or annual fees
  • The option to split with one of our variable home loans

Promotional Offer

Based on an Owner Occupied Interest Rate (Principal and Interest).
2.09% p.a.*
Interest Rate
2.98% p.a.

Comparison Rate

^Comparison rate warning applies

Promotional Interest Rates

Deposit amount 20% or more
Loan term
Interest rate Comparison rate
1 year
2.25% p.a.
3.09% p.a.
2 year
2.09% p.a.
2.98% p.a.
3 year
2.29% p.a.
2.95% p.a.
4 year
2.50% p.a.
2.95% p.a.
5 year
2.70% p.a.
2.99% p.a.
Deposit amount 20% or more
Loan term
1 year
Interest rate 2.25% p.a.
Comparison rate 3.09% p.a.
Loan term
2 year
Interest rate 2.09% p.a.
Comparison rate 2.98% p.a.
Loan term
3 year
Interest rate 2.29% p.a.
Comparison rate 2.95% p.a.
Loan term
4 year
Interest rate 2.50% p.a.
Comparison rate 2.95% p.a.
Loan term
5 year
Interest rate 2.70% p.a.
Comparison rate 2.99% p.a.
Deposit amount less than 20%
Loan term
Interest rate Comparison rate
1 year
2.40% p.a.
3.24% p.a.
2 year
2.40% p.a.
3.16% p.a.
3 year
2.50% p.a.
3.11% p.a.
4 year 2.65% p.a.
3.10% p.a.
5 year
2.85% p.a.
3.14% p.a.
Deposit amount less than 20%
Loan term
1 year
Interest rate 2.40% p.a.
Comparison rate 3.24% p.a.
Loan term
2 year
Interest rate 2.40% p.a.
Comparison rate 3.16% p.a.
Loan term
3 year
Interest rate 2.50% p.a.
Comparison rate 3.11% p.a.
Loan term
4 year
Interest rate 2.65% p.a.
Comparison rate 3.10% p.a.
Loan term
5 year
Interest rate 2.85% p.a.
Comparison rate 3.14% p.a.

Rates are current as at: 19 October 2020

Key product details

Key product details for fixed rate home loan
Product Features Details

Interest type

2 Years

Maximum Loan to Value Ratio (LVR) Owner Occupied

90%1

Maximum Loan to Value Ratio (LVR) Investment

90%1

Loan amount

Apply for $50,000 to $15,000,000, subject to approval.

Combine

Combine this loan with one of our other competitive home loan products.

Portable

Apply to transfer your home loan to your new property if you decide to move, subject to approval.

Redraw of available funds

No.

Repayment options

Principal and Interest or Interest Only2

Repayment method

Direct Debit Request (DDR) - external or internal deposit account.

Repayment frequency

Schedule your repayments to match the timing of your income. Choose weekly, fortnightly or monthly repayments.

Additional repayments

Make additional payments of up to $10,000 in any 12 month period. Break costs (PDF, 27KB) may apply after that.

Loan term

1 to 30 years.

Purpose

Available for owner-occupied or investment.

Key product details for fixed rate home loan
Product Features

Interest type

Details

2 Years

Product Features

Maximum Loan to Value Ratio (LVR) Owner Occupied

Details

90%1

Product Features

Maximum Loan to Value Ratio (LVR) Investment

Details

90%1

Product Features

Loan amount

Details

Apply for $50,000 to $15,000,000, subject to approval.

Product Features

Combine

Details

Combine this loan with one of our other competitive home loan products.

Product Features

Portable

Details

Apply to transfer your home loan to your new property if you decide to move, subject to approval.

Product Features

Redraw of available funds

Details

No.

Product Features

Repayment options

Details

Principal and Interest or Interest Only2

Product Features

Repayment method

Details

Direct Debit Request (DDR) - external or internal deposit account.

Product Features

Repayment frequency

Details

Schedule your repayments to match the timing of your income. Choose weekly, fortnightly or monthly repayments.

Product Features

Additional repayments

Details

Make additional payments of up to $10,000 in any 12 month period. Break costs (PDF, 27KB) may apply after that.

Product Features

Loan term

Details

1 to 30 years.

Product Features

Purpose

Details

Available for owner-occupied or investment.

Fees

Fees for a fixed rate home loan
Fee Type
 Details
Establishment fee

$600

(Waived under current promotion)

Valuation fee Quoted on application
Settlement fee

$150

(Waived under current promotion)

Redraw fee Redraw is not available on this loan.
Variation fee $300
Early repayment fee Break costs may apply
Fees for a fixed rate home loan
Fee Type
Establishment fee
 Details

$600

(Waived under current promotion)

Fee Type
Valuation fee
 Details
Quoted on application
Fee Type
Settlement fee
 Details

$150

(Waived under current promotion)

Fee Type
Redraw fee
 Details
Redraw is not available on this loan.
Fee Type
Variation fee
 Details
$300
Fee Type
Early repayment fee
 Details
Break costs may apply

Other fees and charges may apply. Please refer to fees and charges guide (PDF, 538 KB).

Reference Rates

Apply for a Fixed Rate Home Loan

New customers

New HSBC Australia customers or existing customer who do not have online banking

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The comparison rate is based on a secured loan of $150,000 over the term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

*Excludes LVR above 80%. Available on borrowings from $50,000, interest rate available as at 19 October 2020 and is subject to change. Reverts to HSBC's Standard Variable Rate. Maximum loan amount $15,000,000 Home Loan Terms (PDF, 1.2 MB) and Personal Banking Booklet (PDF,1.5 MB)fees and charges (PDF, 538 KB) and HSBC lending criteria apply.  

  1. Loan to Value Ratio (LVR) subject to HSBC's assessment, lending criteria and Lender's Mortgage Insurance (LMI) acceptance. Different rates and fees apply for LVR's above 80%. Refer to fixed home loans for all fixed rates.
  2. Maximum interest only terms available are: 3 Years - Owner Occupied, and 5 Years – Investment.

+Fixed break costs may apply if repayments are greater than $10,000 per year or if the fixed contract is broken before the end of the fixed loan term. Credit provided by HSBC Bank Australia ABN 48 006 434 162. Australian Credit Licence 232595.