HSBC · Variable · Updated October 2026

HSBC Variable Home Loans, October 2026

HSBC lists 24 variable home loans in the Ratesniffers index today. The lowest is 5.94% p.a., on Home Value <50% LVR Variable Owner Occupied P&I (existing customers only). Rates differ by LVR tier and repayment type, so compare the comparison rate on each row below.

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HSBC variable home loan rates, October 2026

HSBCHome Value <50% LVR Variable Owner Occupied P&I (existing customers only)

VariableRedraw

Interest

5.94%p.a.

Comparison*

Not available

Est. repayment

$2,978

LVR ≤50%

Existing customers only

HSBCHome Value 50% - 60% LVR Variable Owner Occupied P&I (existing customers only)

VariableRedraw

Interest

5.99%p.a.

Comparison*

Not available

Est. repayment

$2,995

LVR 50 to 60%

Existing customers only

HSBCHome Value 60% - 70% LVR Variable Owner Occupied P&I (existing customers only)

VariableRedraw

Interest

6.04%p.a.

Comparison*

Not available

Est. repayment

$3,011

LVR 60 to 70%

Existing customers only

HSBCHome Value 70% - 80% LVR Variable Owner Occupied P&I (existing customers only)

VariableRedraw

Interest

6.09%p.a.

Comparison*

Not available

Est. repayment

$3,027

LVR 70 to 80%

Existing customers only

HSBCHome Value <50% LVR Variable Investment P&I (existing customers only)

VariableRedraw

Interest

6.14%p.a.

Comparison*

Not available

Est. repayment

$3,043

LVR ≤50%

Existing customers only

HSBCHome Value 50% - 60% LVR Variable Investment P&I (existing customers only)

VariableRedraw

Interest

6.19%p.a.

Comparison*

Not available

Est. repayment

$3,059

LVR 50 to 60%

Existing customers only

HSBCHome Value 60% - 70% LVR Variable Investment P&I (existing customers only)

VariableRedraw

Interest

6.24%p.a.

Comparison*

Not available

Est. repayment

$3,075

LVR 60 to 70%

Existing customers only

HSBCHome Value <50% LVR Variable Investment IO (existing customers only)

VariableRedraw

Interest

6.29%p.a.

Comparison*

Not available

Est. repayment

$3,092

LVR ≤50%

Existing customers only

HSBCHome Value <50% LVR Variable Owner Occupied IO (existing customers only)

VariableRedraw

Interest

6.29%p.a.

Comparison*

Not available

Est. repayment

$3,092

LVR ≤50%

Existing customers only

HSBCHome Value 70% - 80% LVR Variable Investment P&I (existing customers only)

VariableRedraw

Interest

6.29%p.a.

Comparison*

Not available

Est. repayment

$3,092

LVR 70 to 80%

Existing customers only

HSBCHome Value 50% - 60% LVR Variable Investment IO (existing customers only)

VariableRedraw

Interest

6.34%p.a.

Comparison*

Not available

Est. repayment

$3,108

LVR 50 to 60%

Existing customers only

HSBCHome Value 50% - 60% LVR Variable Owner Occupied IO (existing customers only)

VariableRedraw

Interest

6.34%p.a.

Comparison*

Not available

Est. repayment

$3,108

LVR 50 to 60%

Existing customers only

HSBCHome Value 60% - 70% LVR Variable Investment IO (existing customers only)

VariableRedraw

Interest

6.39%p.a.

Comparison*

Not available

Est. repayment

$3,124

LVR 60 to 70%

Existing customers only

HSBCHome Value 60% - 70% LVR Variable Owner Occupied IO (existing customers only)

VariableRedraw

Interest

6.39%p.a.

Comparison*

Not available

Est. repayment

$3,124

LVR 60 to 70%

Existing customers only

HSBCHome Value 80% - 90% LVR Variable Owner Occupied P&I (existing customers only)

VariableRedraw

Interest

6.39%p.a.

Comparison*

Not available

Est. repayment

$3,124

LVR 80 to 90%

Existing customers only

HSBCPackage Standard Variable <50% LVR Investment IO (existing customers only)

VariableOffsetRedraw

Interest

6.44%p.a.

Comparison*

Not available

Est. repayment

$3,141

LVR ≤50%

Existing customers only

HSBCPackage Standard Variable <50% LVR Owner Occupied IO (existing customers only)

VariableOffsetRedraw

Interest

6.44%p.a.

Comparison*

Not available

Est. repayment

$3,141

LVR ≤50%

Existing customers only

HSBCPackage Standard Variable <50% LVR Investment IO (existing customers only)

VariableOffsetRedraw

Interest

6.44%p.a.

Comparison*

Not available

Est. repayment

$3,141

LVR ≤50%

Existing customers only

HSBCPackage Standard Variable <50% LVR Owner Occupied IO (existing customers only)

VariableOffsetRedraw

Interest

6.44%p.a.

Comparison*

Not available

Est. repayment

$3,141

LVR ≤50%

Existing customers only

HSBCHome Value 70% - 80% LVR Variable Investment IO (existing customers only)

VariableRedraw

Interest

6.44%p.a.

Comparison*

Not available

Est. repayment

$3,141

LVR 70 to 80%

Existing customers only

HSBCHome Value 70% - 80% LVR Variable Owner Occupied IO (existing customers only)

VariableRedraw

Interest

6.44%p.a.

Comparison*

Not available

Est. repayment

$3,141

LVR 70 to 80%

Existing customers only

HSBCPackage Standard Variable <50% LVR Owner Occupied P&I (existing customers only)

VariableOffsetRedraw

Interest

6.09%p.a.

Comparison*

6.45%p.a.

Est. repayment

$3,027

LVR ≤50%

Existing customers only

HSBCPackage Standard Variable <50% LVR Owner Occupied P&I (existing customers only)

VariableOffsetRedraw

Interest

6.09%p.a.

Comparison*

6.45%p.a.

Est. repayment

$3,027

LVR ≤50%

Existing customers only

HSBCPackage Standard Variable 50% - 60% LVR Investment IO (existing customers only)

VariableOffsetRedraw

Interest

6.49%p.a.

Comparison*

Not available

Est. repayment

$3,157

LVR 50 to 60%

Existing customers only

*Important Information and Comparison Rate Warning

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years.

The information provided on this site is general in nature and does not take into account your objectives, financial situation or needs. Before acting on any information, consider whether it is appropriate for you and read the relevant Credit Guide and lender disclosures.

HSBC · Variable

HSBC variable home loans, what to weigh

Variable rates move with the lender's pricing decisions and the cash rate cycle. Less certainty, more flexibility, unlimited extra repayments, full offset. Rates and eligibility can differ across products and LVR tiers, so use the lender page above for current product-level figures rather than assuming every variable option has the same price.