Why Choose a Standard Variable Rate Mortgage?
-
100% offset account to save on interest repayments
-
Flexibility to redraw additional payments for free
-
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
Comparison Rate
^ Comparison rate warning applies
-
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 Standard Variable Rate with a Home Loan Package

Benefit from a discount on the standard variable rate with the HSBC Home Loan Package, and for one annual fee of $390 you 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.
Offset Account
Save on interest while still having access to your money with a 100% offset savings account.
Free redraws
Unlimited access to free redraws so that you have access to your money when you need it.
Relationship Manager
A helping hand to guide you through the process.
Free transactions from your Offset Account
Easy access to your home loan with a Debit card, Apple Pay3, and unlimited free local transactions.
Standard Variable Rate interest rates
Principal and Interest |
Interest Rate | Comparison Rate |
---|---|---|
Standard Variable Reference Rate |
4.51% p.a. |
4.93% p.a. |
Standard Variable Rate (with Package) |
2.54% p.a.* |
2.97% p.a. |
Principal and Interest |
Standard Variable Reference Rate |
---|---|
Interest Rate |
4.51% p.a. |
Comparison Rate |
4.93% p.a. |
Principal and Interest |
Standard Variable Rate (with Package) |
Interest Rate |
2.54% p.a.* |
Comparison Rate |
2.97% p.a. |
Principal and Interest |
Interest Rate | Comparison Rate |
---|---|---|
Standard Variable Reference Rate |
5.13% p.a. |
5.54% p.a. |
Standard Variable Rate (with Package) |
2.79% p.a.* |
3.21% p.a. |
Principal and Interest |
Standard Variable Reference Rate |
---|---|
Interest Rate |
5.13% p.a. |
Comparison Rate |
5.54% p.a. |
Principal and Interest |
Standard Variable Rate (with Package) |
Interest Rate |
2.79% p.a.* |
Comparison Rate |
3.21% p.a. |
The rates shown are for principal and interest repayment and are current as of 1 March 2021. Rates are subject to change.
^ Comparison Rate Warning Applies
Fees
- $600 Establishment Fee ($0 with Package)
- $150 Settlement Fee ($0 with Package)
- Valuation Fee quoted on application ($0 with Package2)
- $300 variation fee for changes to your loan
Other fees and charges may apply. Please refer to fees and charges guide.
Apply for a Variable Rate Home 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.