112 live products
HSBC
Best available rate
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…
Bank One
Best available
From 5.49% p.a.
Line-up
112 live products
Compare HSBC and UBank home loans in March 2026. HSBC offers rates from 5.49% p.a. across 112 products, while UBank starts at 5.59% p.a. with 61 products. HSBC currently has the lower rate by 0.10%.
112 live products
Best available rate
Home Value Loan (Variable)
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
5.50%
Offset
Not included
Redraw
Included
61 live products
Best available rate
Neat - Oo Variable P&i
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
5.61%
Offset
Not included
Redraw
Included
Live edge
HSBC is lower on headline home loan rate by 0.10%, which is roughly $42 per month on a $500,000 loan.
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | HSBC | UBank |
|---|---|---|
| Interest rate | 5.49% | 5.59% |
| Comparison rate | 5.50% | 5.61% |
| Offset account | No | No |
| Redraw | Yes | Yes |
Every tracked home loans option from HSBC.
Every tracked home loans option from UBank.
HSBC's lowest variable rate is 5.49% p.a. (comparison rate 5.50%) while UBank starts at 5.59% p.a. (comparison rate 5.61%). HSBC is 0.10% lower, which saves approximately $42/month on a $500,000 loan.
Key features: HSBC includes redraw, UBank includes redraw.
| Feature | HSBC | UBank |
|---|---|---|
| Interest Rate | 5.49% | 5.59% |
| Comparison Rate | 5.50% | 5.61% |
| Offset Account | No | No |
| Redraw Facility | Yes | Yes |
Common Questions
HSBC currently offers the lower variable rate at 5.49% p.a. compared to 5.59% p.a. Always check the comparison rate for a true cost picture.
HSBC does not include an offset account. UBank does not include an offset account.
HSBC's lowest variable rate is 5.49% p.a. (comparison rate 5.50%) on the Home Value Loan (Variable).
UBank's lowest variable rate is 5.59% p.a. (comparison rate 5.61%) on the Neat - Oo Variable P&i.
Bank Two
Best available
From 5.59% p.a.
Line-up
61 live products
| Annual Fee |
| $0 |
| $0 |
HSBC currently offers a 0.10% lower home loan rate.
Keep Comparing
Keep Comparing