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Refinancing

Enjoy savings on your monthly repayments by refinancing your existing loan.

Overview

Whether you plan to consolidate your debts or are looking to take advantage of better rates, we have home loan refinancing options to best suit your needs.

What's more, enjoy savings on your monthly repayments by refinancing your existing Home Loan with HSBC and receive up to S$2,500 cash incentive*.

Find out more about our standard interest rate plans here. Alternatively, leave your contact details and our friendly Mortgage Specialists will be in touch with you shortly.

SIBOR-pegged loan

Enjoy flexibility of no lock-in with our attractive SIBOR-pegged packages.

SIBOR-pegged package* for housing loans
Bank HSBC Premier HSBC Advance HSBC Personal Banking
Year 1 to 3 SIBOR + 0.80% p.a. SIBOR + 0.85% p.a. SIBOR + 1.00% p.a.
Thereafter SIBOR + 1.00% p.a.
SIBOR + 1.00% p.a.
SIBOR + 1.00% p.a.
SIBOR-pegged package* for home equity loans
Bank HSBC Premier HSBC Advance HSBC Personal Banking
Year 1 to 3 SIBOR + 0.90% p.a. SIBOR + 0.95% p.a. SIBOR + 1.10% p.a.
Thereafter SIBOR + 1.10% p.a.
SIBOR + 1.10% p.a.
SIBOR + 1.10% p.a.

 

* Terms and conditions

SIBOR-pegged package applies only to minimum loan quantum of S$200,000.

Completed property refers to properties with minimum Temporary Occupation Permit (TOP) issued.

Properties under construction refers to properties under construction prior to TOP.

SIBOR refers to the 1-month or 3-month Singapore Interbank Offered Rate for Singapore Dollar fixed at 11 a.m Singapore time by the Association of Banks in Singapore (ABS) on the first business day of the calendar month.

The applicable interest rates, discounts and terms are subject to changes and HSBC's right of review.

Fixed rate loan

Enjoy stability by fixing your interest rate for initial years.

Contact us for the latest fixed rate packages and our Mortage Specialists will be in touch with you shortly.

SmartMortgage

HSBC's SmartMortgage links your home loan account with a current account, reducing interest on your home loan by offsetting interest earned on your current account.*

This simple, effective link between your home loan and current account* through SmartMortgage will help you:

  • Reduce the interest payable on your mortgage 

With SmartMortgage, the interest# earned on your current account* will offset the interest payable on your home loan. Paying less interest means that you can save more and pay off your home loan in less time.

  • Manage your finances the way you want 

With SmartMortgage, your current account* is linked to your home loan, giving you flexibility to maximise control in the management of your finances and savings. Plus you can choose to have no lock-in, or lock-in periods of up to three years.

 

SIBOR-pegged SmartMortgage#
Bank HSBC Premier HSBC Advance
Year 1 to 3 SIBOR + 0.80% p.a. SIBOR + 0.85% p.a.
Thereafter SIBOR + 1.00% p.a.
SIBOR + 1.00% p.a.

 

* SmartMortgage current account terms and conditions

The Bank reserves the right to adjust the SmartMortgage Current Account interest rate.

 

# SIBOR-pegged SmartMortgage terms and conditions

SIBOR refers to the 1-month or 3-month Singapore Interbank Offered Rate for Singapore Dollar fixed at 11 a.m Singapore time by the Association of Banks in Singapore (ABS) on the first business day of the calendar month.

The applicable interest rates, discounts and terms are subject to changes and HSBC's right of review.

Deposit Insurance Scheme 

Singapore dollar deposits of non-bank depositors are insured by the Singapore Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme by law.