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Home loan rates

  We've got a choice of home loans designed to suit you  

About our rates

We offer award-winning home loans no matter if you're looking for a balance transfer, or to invest in the UAE as a resident already, or not. Find the loan that could be right for you.

Compare Fixed-rate and Variable 3-month EIBOR Home Loans

A Fixed-rate Home Loan means that your repayments will stay the same until the end date of the fixed-rate period, even if interest rates change. Once the fixed-rate period is over, you'll automatically move to a variable rate for the rest of your loan.

The 3-month EIBOR based Variable Home Loan is based on the 3-month AED EIBOR, subject to a quarterly review, plus a fixed margin that is set for the life of the loan. So, the rate rises or falls with the EIBOR and this will affect your monthly payments.

For both of our home loans:

  • you may be eligible for a Green Home Loan discount if your property meets the sustainability criteria
  • interest is calculated on the daily balance outstanding on your home loan
  • a standing instruction will be set up to debit your monthly instalment against the loan

Our rates

When you choose a home loan, it's worth considering what your Loan to Value (LTV) will be, as this will affect your rate. Your LTV is the ratio between the amount of the loan you take out and the value of your property as a whole, as a percentage.

Your home loan rate will also differ if:

  • you're an HSBC Premier or Jade customer, as you'll benefit from discounted home loan rates
  • your new property qualifies for a Green Home Loan discount
  • you live outside the UAE different rates apply

When you request a call back, our expert mortgage advisers will let you know exactly what rate you could get.

Fixed-rate Home Loan

You can choose to fix your interest rate, and your mortgage repayments for 1, 2, 3 or 5 years. After the fixed period is over, the interest rate will vary.

We calculate your interest rate by adding together the 3-month AED EIBOR rate and the HSBC margin.

Representative example:

If you choose the 12-month Fixed-rate Home Loan and your interest rate is fixed at 2.79% per annum, then your repayments will remain constant for that 12 month period.

  • loan amount: AED 1,000,000
  • annual percentage rate: 2.11% if you are a Premier customer. Annual Percentage Rate (APR) quoted is inclusive of 0.5% processing fee assuming a maximum loan tenor of 25 years.
  • fixed period: 12 months
  • monthly instalment: AED 4,634

In the 13th month, the interest rate will change and it will be calculated by adding an HSBC margin to the current 3-month AED EIBOR rate.

  • remaining amount: AED 969,929
  • HSBC margin: 1.59%
  • 3-month AED EIBOR: 0.55%
  • total interest rate: 2.14%
  • monthly instalment: AED 4,307

The representative example is calculated using example figures at a certain date.

Request a call back to speak to our mortgage advisers for a more realistic view of your likely payments.

Variable rate 3-Month EIBOR Home Loan

Important Information: The applicable interest rate on your Home Loan is made up of 2 components: a Fixed HSBC Margin and the 3 Month AED EIBOR. The interest rate is subject to change and details of how and when can be found in Part C of the Home Loan Terms and Conditions. Please ensure you review this carefully. This illustrative example is provided to help you understand how an increase in your interest rate during the term of your loan will impact your monthly payments, the way your payments are allocated to the principal and interest portions of your loan to repay your loan and the amount of your outstanding balance. This is only an example; if you'd like to understand how this may impact your loan, please contact our mortgage advisors who will take into account your actual loan details and interest rate.

Representative example:
Loan amount:                 AED 1,000,000.00

Tenure:                                              20 yrs

Interest rate (a): 2.39%                      2.39%

3 month AED EIBOR(b): 0.27%         0.27%

Fixed margin (a-b): 2.12%                 2.12%  

Months 3 month AED EIBOR
Interest rate
(Fixed Margin + 3 Months AED EIBOR)
Outstanding loan balance (AED)  Monthly Instalment
(AED)
Amount of Principal repaid as part of the monthly instalment (AED) Amount of Interest repaid as part of the monthly instalment (AED) Outstanding loan balance after your Monthly Instalment payment has been paid in full by the due date (AED)
1 0.27% 2.39%                                          1,000,000                                           5,246                                                3,254                                                 1,992                                        996,746
2 0.27% 2.39%                                              996,746                                           5,246                                                3,260                                                 1,985                                        993,486
3 0.27% 2.39%                                              993,486                                           5,246                                                3,267                                                 1,979                                        990,219

Representative example:
Loan amount:                 AED 1,000,000.00

Tenure:                                              20 yrs

Interest rate (a): 2.39%                      2.39%

3 month AED EIBOR(b): 0.27%         0.27%

Fixed margin (a-b): 2.12%                 2.12%  

Months 1
3 month AED EIBOR
0.27%
Interest rate
(Fixed Margin + 3 Months AED EIBOR)
2.39%
Outstanding loan balance (AED)                                           1,000,000
Monthly Instalment
(AED)
                                          5,246
Amount of Principal repaid as part of the monthly instalment (AED)                                                3,254
Amount of Interest repaid as part of the monthly instalment (AED)                                                 1,992
Outstanding loan balance after your Monthly Instalment payment has been paid in full by the due date (AED)                                        996,746
Months 2
3 month AED EIBOR
0.27%
Interest rate
(Fixed Margin + 3 Months AED EIBOR)
2.39%
Outstanding loan balance (AED)                                               996,746
Monthly Instalment
(AED)
                                          5,246
Amount of Principal repaid as part of the monthly instalment (AED)                                                3,260
Amount of Interest repaid as part of the monthly instalment (AED)                                                 1,985
Outstanding loan balance after your Monthly Instalment payment has been paid in full by the due date (AED)                                        993,486
Months 3
3 month AED EIBOR
0.27%
Interest rate
(Fixed Margin + 3 Months AED EIBOR)
2.39%
Outstanding loan balance (AED)                                               993,486
Monthly Instalment
(AED)
                                          5,246
Amount of Principal repaid as part of the monthly instalment (AED)                                                3,267
Amount of Interest repaid as part of the monthly instalment (AED)                                                 1,979
Outstanding loan balance after your Monthly Instalment payment has been paid in full by the due date (AED)                                        990,219

Upon our review of the 3 Month AED EIBOR, there is an increase in the 3 month AED EIBOR rate, resulting in an increase to your interest rate

4
0.35% 2.47%                                              990,219                                           5,284                                                3,246                                                 2,038                                        986,973
5 0.35% 2.47%                                              986,973                                           5,284                                                3,252                                                 2,032                                        983,720
6 0.35% 2.47%                                              983,720                                           5,284                                                3,259                                                 2,025 980,461 

Upon our review of the 3 Month AED EIBOR, there is an increase in the 3 month AED EIBOR rate, resulting in an increase to your interest rate

4
5
0.35% 0.35%
2.47% 2.47%
                                             990,219                                              986,973
                                          5,284                                           5,284
                                               3,246                                                3,252
                                                2,038                                                 2,032
                                       986,973                                        983,720
4
6
0.35% 0.35%
2.47% 2.47%
                                             990,219                                              983,720
                                          5,284                                           5,284
                                               3,246                                                3,259
                                                2,038                                                 2,025
                                       986,973 980,461 

Understanding our fees

Take a look at the fees below to understand what could apply to you. For more details about our fees and charges, please see our Schedule of Services and Tariffs.

If you do not keep up your repayments/payments, you may lose your property.

You may have to pay penalties if you pay off a loan/financing early.

If you do not meet the repayments/payments on your loan/financing, your account will go into arrears. This may affect your credit rating, which may limit your ability to access financing in the future.

Refinancing your loans/financing may take longer to pay off than your previous loan/financing and may result in paying more in interest/profit.

Find out how to apply

Investing in the UAE with us is straightforward, even if you're not a resident yet.

We recommend that you get an Approval in Principle first – we’ll explain how to do this over the phone when you request a call back. Then, we'll let you know what you’ll need to do for your home loan application.

If you're an HSBC Jade or Premier customer already, simply call your Relationship Manager to get started.

You might also be interested in

 

Lock in your interest rate with a fixed-interest home loan.

 

Find out about our competitive EIBOR-mortgage interest rate, and see if it's right for you.

 

Learn more about the Green Home Loan discount you could get on your interest rate.

Listening to what you have to say about services matters to us. It's easy to share your ideas, stay informed and join the conversation.