Home Start

Lower payments for the first three or five years

During the first three or five years you only pay the interest. The loan then converts to a capital repayment method for the remaining term, during which you repay capital and interest. By not repaying any of the capital during these first years, your initial monthly payments are much lower than with a normal capital repayment method.

This product will suit you best if you are:

• looking to purchase your first home, starting a family or having another child;
• moving home and are bound to have a tight budget for the next few years;
• a recent graduate and about to start employment or private practice.

To avail yourself of this feature, your Home Loan must be taken out for at least 20 years.

A home loan decision in 48 hours!

We guarantee a decision by the next working day subject to you submitting all the documentation required. This is our promise. At HSBC we pride ourselves with the speed and quality of service and we pledge to pay €120 if we don't get back to you within 48 hours.

Latest offers

Click here for more information on our latest offers.

Comparing HomeStart with Capital Repayment

While the monthly payments over the initial three or five years will be substantially less with our HomeStart, the future monthly payments and the total amount payable will be higher than with our standard capital repayment loan. This is because the borrowing will not start to reduce until after the initial 'interest only' period.

Terms and conditions of other Home Loans apply.

The following example compares the cost of a €100,000 HomeStart repayment against the cost of a €100,000 capital repayment over 30 years on our variable rate. Examples worked on an interest of 4.875% per annum.

Typical APR on HomeStart have been worked as follows:

• HomeStart 3 years: €100,000 @ 4.875 p.a.(nominal) repayable over 30 years - 5.1%
• HomeStart 5 years: €100,000 @ 4.875 p.a. (nominal) repayable over 30 years - 5.1%
• Capital and Interest Repayment : €100,000 @ 4.875% p.a. (nominal) repayable over 30 years - 5.1%
  
  In order to obtain the APR for a particular amount of a Home Loan of up to €186,349.87 at a specific repayment, or the base rate, please call Customer Service on 2380 2380 or call any of our branches.

Get a quote now!

• What are my home loan options?
• How much can I borrow?
• What interest rates will apply to my home loan?
• How much will my repayments be?

You may access our Home Loan Calculator which will provide you with information such as the loan amount you may apply for, the interest rate, APR and monthly repayment. All this based on simple information you will be requested to provide.

Through this screen you also have to option to contact HSBC Home Loans via email.

Click here to access the Home Loan Calculator webpage

You may also contact us via email, call Customer Service on 2380 2380 or visit any HSBC branch for more details.

What do I do next?

Simple. If you need further information on how you may avail yourself of a Home Start loan you may:

• call at the nearest HSBC Bank Malta p.l.c. branch
• call our Customer Service on 2380 2380
• send us an e-mail