Why Choose a Home Equity Loan?
-
Minimum repayments are interest only
-
Transactional access to your home loan with fee free redraws on available funds
-
No set loan term period
-
A Relationship Manager to guide you through the process
-
Receive $3,288 cashback** when refinancing to HSBC. Minimum refinance amount applies, see terms and conditions for full details.
Featured rate
Interest rate with
Home Loan Package
-
Reducing your monthly repayments with a lower rate
-
Decreasing the time it takes to pay off your home loan
-
Building your equity faster with a lower rate
Enjoy a discount on the Home Equity variable rate with a Home Loan Package

Benefit from a discount on the Home Equity variable rate with the HSBC Home Loan Package, and for one annual fee of $390 per annum, you will also enjoy:
- $0 Establishment Fee
- $0 Valuation Fee2
- $0 Settlement Fee
Features & Benefits
Get the flexibility you want with the features and benefits you need.
Home Loan Package
Receive a discount on the Home Equity variable rate (owner occupied) for a fee of $390 per annum.
Flexible Repayments
Make additional repayments without additional fees to save you interest.
Free transactions
Easy access to your home loan with Debit card, Apple Pay3 and unlimited free local transactions.
Relationship Manager
A helping hand to guide you through the process.
Home Equity interest rates
Rate Type |
Interest Rate |
---|---|
Home Equity Reference Rate |
4.59% p.a. |
Home Equity (with Package) |
3.37% p.a.* |
Rate Type |
Home Equity Reference Rate |
---|---|
Interest Rate |
4.59% p.a. |
Rate Type |
Home Equity (with Package) |
Interest Rate |
3.37% p.a.* |
Rate Type |
Interest Rate |
---|---|
Home Equity Reference Rate |
5.53% p.a. |
Home Equity (with Package) |
3.78% p.a.* |
Rate Type |
Home Equity Reference Rate |
---|---|
Interest Rate |
5.53% p.a. |
Rate Type |
Home Equity (with Package) |
Interest Rate |
3.78% p.a.* |
The rates shown are for interest only repayments and are current as of 1 March 2021. Rates are subject to change.
Fees
- $0 Establishment Fee
- $0 Settlement Fee
- $0 Valuation Fee2
- $300 variation fee for changes to your loan
Other fees and charges may apply. Please refer to fees and charges guide.
Apply for a Home Equity Loan
New customers
New HSBC Australia customers or existing customers who do not have online banking.
Existing customers
Existing HSBC Australia customers with online banking.
Useful documents
You might be interested in

Compare Home Loans
Compare our range of HSBC Home Loans.

Home Loan Calculators
Find the facts and figures you need to help make decisions.

Guide to buying a property
Information to help you through the process of buying your home.

Investing in property
Information to help you make your first big investment into property.