112 live products
HSBC
Best available rate
5.49%p.a.
Home Value Loan (Variable)
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
5.50%
Offset
Not included
Redraw
Included
Finding the best rates…
Home Loans Comparison
Bank One
HSBC
Best available
From 5.49% p.a.
Line-up
112 live products
VS
HSBC vs NAB
Compare HSBC and NAB home loans in March 2026. HSBC offers rates from 5.49% p.a. across 112 products, while NAB starts at 5.74% p.a. with 146 products. HSBC currently has the lower rate by 0.25%.
VS
146 live products
NAB
Best available rate
5.74%p.a.
Nab Tailored Home Loan (Fixed 1 Yr)
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
6.28%
Offset
Included
Redraw
Included
Live edge
HSBC is lower on headline home loan rate by 0.25%, which is roughly $104 per month on a $500,000 loan.
0.25% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | HSBC | NAB |
|---|---|---|
| Interest rate | 5.49% | 5.74% |
| Comparison rate | 5.50% | 6.28% |
| Offset account | No | Yes |
| Redraw | Yes | Yes |
All HSBC Products
Every tracked home loans option from HSBC.
All NAB Products
Every tracked home loans option from NAB.
HSBC's lowest variable rate is 5.49% p.a. (comparison rate 5.50%) while NAB starts at 5.74% p.a. (comparison rate 6.28%). HSBC is 0.25% lower, which saves approximately $104/month on a $500,000 loan.
Key features: HSBC includes redraw, NAB includes offset, NAB includes redraw.
Quick Comparison
| Feature | HSBC | NAB |
|---|---|---|
| Interest Rate | 5.49% | 5.74% |
| Comparison Rate | 5.50% | 6.28% |
| Offset Account | No | Yes |
| Redraw Facility | Yes | Yes |
Common Questions
HSBC vs NAB FAQs
Which bank has a lower home loan rate, HSBC or NAB?
HSBC currently offers the lower variable rate at 5.49% p.a. compared to 5.74% p.a. Always check the comparison rate for a true cost picture.
Do HSBC and NAB home loans have offset accounts?
HSBC does not include an offset account. NAB offers an offset account.
What is HSBC's lowest home loan rate in 2026?
HSBC's lowest variable rate is 5.49% p.a. (comparison rate 5.50%) on the Home Value Loan (Variable).
What is NAB's lowest home loan rate in 2026?
NAB's lowest variable rate is 5.74% p.a. (comparison rate 6.28%) on the Nab Tailored Home Loan (Fixed 1 Yr).