Table of Content
If you want the security of a fixed interest rate, the HSBC Fixed Rate Home Loan Package has plenty of useful features. Before you decide whether or not it's the right loan for you, see how those features stack up against other fixed rate home loans available on the market. Richard Whitten is an editor at Finder, and has been covering home loans and the property market in Australia for the last 4 years. He has written for Yahoo Finance, Money Magazine and Homely, as well as multiple banks and lenders.
Richard has a Certificate IV in Finance and Mortgage Broking, a Bachelor of Education from the University of Sydney and a Graduate Certificate in Communication. He enjoys helping people understand the ins and outs of mortgages so they can make smarter property decisions. Richard trained as a high school teacher but found it easier to manage personal finances than a classroom full of kids. Before joining Finder, he edited textbooks and taught English in South Korea. We try to take an open and transparent approach and provide a broad-based comparison service.
International Payment and Transfers
This represents the percentage of the property value you want to borrow. For example, a £100,000 property with an £80,000 mortgage would be an 80% LTV. The maximum LTV we'll lend you depends on your individual situation, the property, the loan you choose and the amount you borrow. Switch to a new rate for your home or buy-to-let property, or borrow more for your current home. All loans are subject to the documentation, applicable credit policies and compliance of legal requirement of HSBC. 1The minimum and maximum loan is dependent on city of property and property type.
Available on refinance applications submitted to HSBC from 15 February 2021 to 28 February 2023 and settled by 30 April 2023. The option to lock in your home loan rate and protect you against rising interest rates2. What you need to know to find a home loan package with one of Singapore’s leading banks. Lynette is a writer for Singapore at Finder. An experienced personal finance writer and content creator, Lynette likes to break down complex concepts and empower her readers with simple takeaways.
Tracker mortgages
DollarBack Mortgage offers expert advice for property owners who require a loan. This loan offers interest rates with discounted rates built in as part of the package. If you'd like to also take advantage of a variable interest rate and some of the features offered by other HSBC home loans, a loan split option is available.
The Bank of England base rate has been changed from3%to3.5%. © The Hongkong and Shanghai Banking Corporation Limited, India . Incorporated in Hong Kong SAR with limited liability.
Home Loan Calculators
Hello, I’m wondering if the $3000 cash back is available with a fixed loan? I can’t seem to find details about the cash back offer. In the additional information section, provide any extra details about your inquiry, for example the amount of money you want to borrow and the purpose of the loan. Above rates are variable and linked to our Base Lending Rate. You can view some of the fees of the HSBC Premier Fixed Rate home loan under the ‘fees’ tab on this page. For further information regarding their fees, please contact HSBC directly.
Our current standard variable rate for residential mortgages is 6.29%, effective from 1 December 2022. These rates only apply when a fixed or tracker rate no longer applies. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates available to most customers. Fixed break costsmay 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.
Services
Unfortunately, if your LVR is still above 80%, you will be required to pay LMI again. Keep in mind that in some cases, if you call your existing LMI provider, you might be eligible for a refund of some of these funds. Summary of the features and terms of our home loan products. A loan designed to meet the unique needs of property investors.
Below is a summary of all of our current reference rates, which is the loan’s interest rate before a discount may be applied. Repay your loan sooner and save on total interest paid with our fortnightly repayment option. We provide tools so you can sort and filter these lists to highlight features that matter to you. For the HSBC Premier Fixed Rate home loan, they offer a maximum LVR of 80%. If you’re looking to purchase a property valued at $ , you’ll need to come up with a 20% deposit of at least $95 800. In terms of the remaining time left to pay your loan, this can be requested from you during your refinance.
Please note your actual costs and monthly repayments will vary. Make extra payments as often as you like and combine with an offset account to save on interest; a variable rate home loan that is great for both existing properties or as a construction loan. HSBC has multiple home loans for investors and owner-occupiers, with fixed and variable rates. While most borrowers choose a 30-year term on their home loan, this is flexible.
Select the home loan you would like to find out more information about. You will need to specify whether or not you are already an HSBC customer. Supply your full name, email address and phone number, plus specify your preferred method of contact.
Redbrick Mortgage Advisory offers expert advice to help homeowners get the best loan rates for their property. You need to provide documents showing your current assets (e.g. savings accounts, investments) and liabilities (e.g. any outstanding debt). The HSBC Fixed Rate Home Loan Package allows repayments on a weekly, fortnightly or monthly basis, whichever is more suitable for your financial situation. Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product. You can learn more about how we make money here.
For fixed and tracker rate mortgages, when the specified period expires, the rate will revert to the HSBC Standard Variable Rate/Buy-to-let Variable Rate. Your home may be repossessed if you do not keep up repayments on your mortgage. View our latest rates if you're looking for a mortgage, or to remortgage a buy-to-let property from another provider. All loans at the sole discretion of The Hongkong and Shanghai Banking Corporation Limited, India. Enjoy a great variable rate and your own personal HSBC home loan manager will guide you through the home loan process.
Fixed-rate mortgages
Although we provide information on the products offered by a wide range of issuers, we don't cover every available product or service. 5.Customers who maintain an HSBC Premier, HSBC One or Personal Integrated Account with a loan amount of HKD1,000,000 or above are eligible to apply for the Deposit-linked mortgage repayment plan. ~ Promotional offer available on new borrowings from $50,000. Variable interest rate is current as at 19 December 2022 and is subject to change.
This is calculated annually on the date your fixed-rate period started. You can make additional payments during the fixed-rate period without incurring an early repayment charge . Anything over the 10% will incur an ERC, which is a charge you may have to pay if you repay the whole or part of your mortgage early. This includes if you move to a different HSBC mortgage rate, or move to a different lender during your fixed period. There's no early repayment charge for tracker mortgages. The above representative example is based on the highest APRC applicable to customers purchasing a property.
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