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.
Variable 3-month EIBOR Home Loans
The 3-month EIBOR based Variable Home Loan is based on the 3-month 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 Variable 3-month EIBOR Home Loan:
- 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 customer, as you'll benefit from discounted home loan rates
- 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.
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 Dirham EIBOR. The interest rate is subject to change and details of how and when can be found in 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.
| Months | 3 month EIBOR |
Interest rate (Fixed Margin + 3 Months EIBOR) |
Outstanding loan balance () | Monthly Instalment () |
Amount of Principal repaid as part of the monthly instalment () | Amount of Interest repaid as part of the monthly instalment () | Outstanding loan balance after your Monthly Instalment payment has been paid in full by the due date () |
| 1 | 3.70251% | 4.69% | 1,000,000 |
6,431 |
2,445 |
3,985 | 997,555 |
| 2 | 3.70251% | 4.69% | 997,555 | 6,431 | 2,445 | 3,976 | 995,099 |
| 3 | 3.70251% | 4.69% | 995,099 | 6,431 | 2,445 | 3,582 | 992,251 |
| Months | 1 |
|---|---|
| 3 month EIBOR |
3.70251% |
| Interest rate (Fixed Margin + 3 Months EIBOR) |
4.69% |
| Outstanding loan balance () | 1,000,000 |
| Monthly Instalment () |
6,431 |
| Amount of Principal repaid as part of the monthly instalment () |
2,445 |
| Amount of Interest repaid as part of the monthly instalment () | 3,985 |
| Outstanding loan balance after your Monthly Instalment payment has been paid in full by the due date () | 997,555 |
| Months | 2 |
| 3 month EIBOR |
3.70251% |
| Interest rate (Fixed Margin + 3 Months EIBOR) |
4.69% |
| Outstanding loan balance () | 997,555 |
| Monthly Instalment () |
6,431 |
| Amount of Principal repaid as part of the monthly instalment () | 2,445 |
| Amount of Interest repaid as part of the monthly instalment () | 3,976 |
| Outstanding loan balance after your Monthly Instalment payment has been paid in full by the due date () | 995,099 |
| Months | 3 |
| 3 month EIBOR |
3.70251% |
| Interest rate (Fixed Margin + 3 Months EIBOR) |
4.69% |
| Outstanding loan balance () | 995,099 |
| Monthly Instalment () |
6,431 |
| Amount of Principal repaid as part of the monthly instalment () | 2,445 |
| Amount of Interest repaid as part of the monthly instalment () | 3,582 |
| Outstanding loan balance after your Monthly Instalment payment has been paid in full by the due date () | 992,251 |
| 4 |
4.20% | 5.19% | 992,251 | 6,654 | 2,279 | 4375 | 989,972 |
| 5 | 4.20% | 5.19% | 989,972 | 6,654 | 2,289 | 4365 | 987,684 |
| 6 | 4.20% | 5.19% | 987,684 | 6,654 | 2720 | 3934 | 984,963 |
| 4 |
5 |
|---|---|
| 4.20% | 4.20% |
| 5.19% | 5.19% |
| 992,251 | 989,972 |
| 6,654 | 6,654 |
| 2,279 | 2,289 |
| 4375 | 4365 |
| 989,972 | 987,684 |
| 4 |
6 |
| 4.20% | 4.20% |
| 5.19% | 5.19% |
| 992,251 | 987,684 |
| 6,654 | 6,654 |
| 2,279 | 2720 |
| 4375 | 3934 |
| 989,972 | 984,963 |
Fixed-rate Home Loan
Important information. The Fixed-rate Home Loan comprises a fixed interest rate period of 1, 2, 3 or 5 years, and a variable interest rate period. Your interest rate and monthly repayments remain unchanged for the selected tenor. Once the fixed-rate period is over, you'll automatically move to a 3-month EIBOR-based variable rate.
| Months | HSBC Fixed rate (a) | Outstanding loan balance () | Monthly Instalment () |
Amount of Principal repaid as part of the monthly instalment () | Amount of Interest repaid as part of the monthly instalment () | Outstanding loan balance after your Monthly Instalment payment has been paid in full by the due date () |
| 1 | 4.05% | 1,000,000 | 6,086 |
2,646 | 3,440 | 997,354 |
| 2 | 4.05% | 997,354 | 6,086 | 2,656 | 3,431 | 994,698 |
| 3 | 4.05% | 994,698 | 6,086 | 2,996 | 3,090 | 991,702 |
| Months | 1 |
|---|---|
| HSBC Fixed rate (a) | 4.05% |
| Outstanding loan balance () | 1,000,000 |
| Monthly Instalment () |
6,086 |
| Amount of Principal repaid as part of the monthly instalment () | 2,646 |
| Amount of Interest repaid as part of the monthly instalment () | 3,440 |
| Outstanding loan balance after your Monthly Instalment payment has been paid in full by the due date () | 997,354 |
| Months | 2 |
| HSBC Fixed rate (a) | 4.05% |
| Outstanding loan balance () | 997,354 |
| Monthly Instalment () |
6,086 |
| Amount of Principal repaid as part of the monthly instalment () | 2,656 |
| Amount of Interest repaid as part of the monthly instalment () | 3,431 |
| Outstanding loan balance after your Monthly Instalment payment has been paid in full by the due date () | 994,698 |
| Months | 3 |
| HSBC Fixed rate (a) | 4.05% |
| Outstanding loan balance () | 994,698 |
| Monthly Instalment () |
6,086 |
| Amount of Principal repaid as part of the monthly instalment () | 2,996 |
| Amount of Interest repaid as part of the monthly instalment () | 3,090 |
| Outstanding loan balance after your Monthly Instalment payment has been paid in full by the due date () | 991,702 |
| Months | HSBC Fixed go to margin (b) | 3-month EIBOR (c) | Interest rate (b+c) | Outstanding loan balance () | Monthly Instalment () | Amount of principal repaid as part of the monthly instalment () | Amount of interest repaid as part of the monthly instalment () | Outstanding loan balance after your monthly instalment payment has been paid in full by the due date () |
|---|---|---|---|---|---|---|---|---|
| 4 | 1.09% | 3.89% | 4.98% | 966,853 | 6,567 | 2,477 | 4,089 | 964,376 |
| 5 | 1.09% | 3.89% | 4.98% | 964,376 | 6,567 | 2,488 | 4,079 | 961,888 |
| 6 | 1.09% | 3.89% | 4.98% | 961,888 | 6,567 | 2,892 | 3,675 | 958,996 |
| Months | 4 |
|---|---|
| HSBC Fixed go to margin (b) | 1.09% |
| 3-month EIBOR (c) | 3.89% |
| Interest rate (b+c) | 4.98% |
| Outstanding loan balance () | 966,853 |
| Monthly Instalment () | 6,567 |
| Amount of principal repaid as part of the monthly instalment () | 2,477 |
| Amount of interest repaid as part of the monthly instalment () | 4,089 |
| Outstanding loan balance after your monthly instalment payment has been paid in full by the due date () | 964,376 |
| Months | 5 |
| HSBC Fixed go to margin (b) | 1.09% |
| 3-month EIBOR (c) | 3.89% |
| Interest rate (b+c) | 4.98% |
| Outstanding loan balance () | 964,376 |
| Monthly Instalment () | 6,567 |
| Amount of principal repaid as part of the monthly instalment () | 2,488 |
| Amount of interest repaid as part of the monthly instalment () | 4,079 |
| Outstanding loan balance after your monthly instalment payment has been paid in full by the due date () | 961,888 |
| Months | 6 |
| HSBC Fixed go to margin (b) | 1.09% |
| 3-month EIBOR (c) | 3.89% |
| Interest rate (b+c) | 4.98% |
| Outstanding loan balance () | 961,888 |
| Monthly Instalment () | 6,567 |
| Amount of principal repaid as part of the monthly instalment () | 2,892 |
| Amount of interest repaid as part of the monthly instalment () | 3,675 |
| Outstanding loan balance after your monthly instalment payment has been paid in full by the due date () | 958,996 |
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 Premier customer already, simply call your Relationship Manager to get started.
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Fixed-rate Mortgages and Home Loan
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