The Smart Mortgage offers flexibility to your lending and savings. Any additional funds that you pay into the Smart Account allows you to pay less for your mortgage or pay it quicker.
Why choose Smart Mortgage?
- Additional funds paid into Smart Account reduces interest charge on your mortgage loan
- Withdraw funds from your Smart Account at any time
- No minimum balance required
- Receive up to VND10Million cash-back
How it works
Daily end balance to calculate interest of the mortgage will be netted off against 50% of Smart Mortgage Account balance prior to interest calculation, which will lower the interest payment for the customer.
Reference rates and fees
Home Mortgage Loan fixed rates
| Fixed Period |
Premier customers |
Corporate Employee maintain salary account with HSBC |
Other customers |
|---|---|---|---|
| 06 months | 7.75% p.a |
7.80% p.a |
8.25% p.a |
| 12 months | 7.85% p.a |
7.90% p.a |
8.35% p.a |
| 24 months | 8.50% p.a |
8.55% p.a |
9.00% p.a |
| 36 months | 8.90% p.a |
8.95% p.a |
9.40% p.a |
| 48 months | 9.25% p.a |
9.30% p.a |
9.75% p.a |
| 60 months | 10.49% p.a |
10.54% p.a |
10.99% p.a |
| Fixed Period |
06 months |
|---|---|
| Premier customers |
7.75% p.a |
| Corporate Employee maintain salary account with HSBC |
7.80% p.a |
| Other customers |
8.25% p.a |
| Fixed Period |
12 months |
| Premier customers |
7.85% p.a |
| Corporate Employee maintain salary account with HSBC |
7.90% p.a |
| Other customers |
8.35% p.a |
| Fixed Period |
24 months |
| Premier customers |
8.50% p.a |
| Corporate Employee maintain salary account with HSBC |
8.55% p.a |
| Other customers |
9.00% p.a |
| Fixed Period |
36 months |
| Premier customers |
8.90% p.a |
| Corporate Employee maintain salary account with HSBC |
8.95% p.a |
| Other customers |
9.40% p.a |
| Fixed Period |
48 months |
| Premier customers |
9.25% p.a |
| Corporate Employee maintain salary account with HSBC |
9.30% p.a |
| Other customers |
9.75% p.a |
| Fixed Period |
60 months |
| Premier customers |
10.49% p.a |
| Corporate Employee maintain salary account with HSBC |
10.54% p.a |
| Other customers |
10.99% p.a |
After the Fixed Period, Variable Rate will be applied
Home Mortgage Loan variable rates
| Period |
Prime Rates2 | Spread for Premier customers |
Spread for Corporate Employee maintain salary account with HSBC |
Spread for other customers |
|---|---|---|---|---|
| 1 month |
10.25% p.a | 0% p.a | 0.10% p.a |
0.75% p.a |
| 3 months | 10.75% p.a |
0% p.a |
0.10% p.a |
0.75% p.a |
| 6 months | 11.00% p.a | 0% p.a | 0.10% p.a |
0.75% p.a |
| Period |
1 month |
|---|---|
| Prime Rates2 | 10.25% p.a |
| Spread for Premier customers |
0% p.a |
| Spread for Corporate Employee maintain salary account with HSBC |
0.10% p.a |
| Spread for other customers |
0.75% p.a |
| Period |
3 months |
| Prime Rates2 |
10.75% p.a |
| Spread for Premier customers |
0% p.a |
| Spread for Corporate Employee maintain salary account with HSBC |
0.10% p.a |
| Spread for other customers |
0.75% p.a |
| Period |
6 months |
| Prime Rates2 | 11.00% p.a |
| Spread for Premier customers |
0% p.a |
| Spread for Corporate Employee maintain salary account with HSBC |
0.10% p.a |
| Spread for other customers |
0.75% p.a |
Home Loans Early Repayment fees for Premier customers
| Interest Rate Scheme | Year 1 |
Year 2 | Year 3 | Year 4 | Year 5 | Y6 Onwards |
|---|---|---|---|---|---|---|
| Fixed rate 6 months | 2% |
2% | 1% | 0% | 0% | 0% |
| Fixed rate 1 year | 2% | 2% | 1% | 0% | 0% | 0% |
| Fixed rate 2 years | 2% | 2% | 1% | 0% | 0% | 0% |
| Fixed rate 3 years | 2% | 2% | 1% | 0% | 0% | 0% |
| Fixed rate 4 years | 3% | 3% | 2% | 1% | 0% | 0% |
| Fixed rate 5 years | 3% | 3% | 2% | 1% | 1% | 0% |
| Variable Rate | 3% | 3% | 2% | 0% | 0% | 0% |
| Interest Rate Scheme | Fixed rate 6 months |
|---|---|
| Year 1 |
2% |
| Year 2 | 2% |
| Year 3 | 1% |
| Year 4 | 0% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
| Interest Rate Scheme | Fixed rate 1 year |
| Year 1 |
2% |
| Year 2 | 2% |
| Year 3 | 1% |
| Year 4 | 0% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
| Interest Rate Scheme | Fixed rate 2 years |
| Year 1 |
2% |
| Year 2 | 2% |
| Year 3 | 1% |
| Year 4 | 0% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
| Interest Rate Scheme | Fixed rate 3 years |
| Year 1 |
2% |
| Year 2 | 2% |
| Year 3 | 1% |
| Year 4 | 0% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
| Interest Rate Scheme | Fixed rate 4 years |
| Year 1 |
3% |
| Year 2 | 3% |
| Year 3 | 2% |
| Year 4 | 1% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
| Interest Rate Scheme | Fixed rate 5 years |
| Year 1 |
3% |
| Year 2 | 3% |
| Year 3 | 2% |
| Year 4 | 1% |
| Year 5 | 1% |
| Y6 Onwards | 0% |
| Interest Rate Scheme | Variable Rate |
| Year 1 |
3% |
| Year 2 | 3% |
| Year 3 | 2% |
| Year 4 | 0% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
Home Loans Early Repayment fees for Other customers
| Interest Rate Scheme |
Year 1 |
Year 2 | Year 3 | Year 4 | Year 5 | Y6 Onwards |
|---|---|---|---|---|---|---|
| Fixed rate 6 months | 3% |
3% | 2% | 0% | 0% | 0% |
| Fixed rate 1 year | 3% | 3% | 2% | 0% | 0% | 0% |
| Fixed rate 2 years | 3% | 3% | 2% | 0% | 0% | 0% |
| Fixed rate 3 years | 3% | 3% | 2% | 0% | 0% | 0% |
| Fixed rate 4 years | 3% | 3% | 2% | 1% | 0% | 0% |
| Fixed rate 5 years | 3% | 3% | 2% | 1% | 1% | 0% |
| Variable Rate | 3% | 3% | 2% | 0% | 0% | 0% |
| Interest Rate Scheme |
Fixed rate 6 months |
|---|---|
| Year 1 |
3% |
| Year 2 | 3% |
| Year 3 | 2% |
| Year 4 | 0% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
| Interest Rate Scheme |
Fixed rate 1 year |
| Year 1 |
3% |
| Year 2 | 3% |
| Year 3 | 2% |
| Year 4 | 0% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
| Interest Rate Scheme |
Fixed rate 2 years |
| Year 1 |
3% |
| Year 2 | 3% |
| Year 3 | 2% |
| Year 4 | 0% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
| Interest Rate Scheme |
Fixed rate 3 years |
| Year 1 |
3% |
| Year 2 | 3% |
| Year 3 | 2% |
| Year 4 | 0% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
| Interest Rate Scheme |
Fixed rate 4 years |
| Year 1 |
3% |
| Year 2 | 3% |
| Year 3 | 2% |
| Year 4 | 1% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
| Interest Rate Scheme |
Fixed rate 5 years |
| Year 1 |
3% |
| Year 2 | 3% |
| Year 3 | 2% |
| Year 4 | 1% |
| Year 5 | 1% |
| Y6 Onwards | 0% |
| Interest Rate Scheme |
Variable Rate |
| Year 1 |
3% |
| Year 2 | 3% |
| Year 3 | 2% |
| Year 4 | 0% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
Fixed rates
Home Mortgage Loan fixed rates
| Fixed Period |
Premier customers |
Corporate Employee maintain salary account with HSBC |
Other customers |
|---|---|---|---|
| 06 months | 7.75% p.a |
7.80% p.a |
8.25% p.a |
| 12 months | 7.85% p.a |
7.90% p.a |
8.35% p.a |
| 24 months | 8.50% p.a |
8.55% p.a |
9.00% p.a |
| 36 months | 8.90% p.a |
8.95% p.a |
9.40% p.a |
| 48 months | 9.25% p.a |
9.30% p.a |
9.75% p.a |
| 60 months | 10.49% p.a |
10.54% p.a |
10.99% p.a |
| Fixed Period |
06 months |
|---|---|
| Premier customers |
7.75% p.a |
| Corporate Employee maintain salary account with HSBC |
7.80% p.a |
| Other customers |
8.25% p.a |
| Fixed Period |
12 months |
| Premier customers |
7.85% p.a |
| Corporate Employee maintain salary account with HSBC |
7.90% p.a |
| Other customers |
8.35% p.a |
| Fixed Period |
24 months |
| Premier customers |
8.50% p.a |
| Corporate Employee maintain salary account with HSBC |
8.55% p.a |
| Other customers |
9.00% p.a |
| Fixed Period |
36 months |
| Premier customers |
8.90% p.a |
| Corporate Employee maintain salary account with HSBC |
8.95% p.a |
| Other customers |
9.40% p.a |
| Fixed Period |
48 months |
| Premier customers |
9.25% p.a |
| Corporate Employee maintain salary account with HSBC |
9.30% p.a |
| Other customers |
9.75% p.a |
| Fixed Period |
60 months |
| Premier customers |
10.49% p.a |
| Corporate Employee maintain salary account with HSBC |
10.54% p.a |
| Other customers |
10.99% p.a |
After the Fixed Period, Variable Rate will be applied
Variable rates
Home Mortgage Loan variable rates
| Period |
Prime Rates2 | Spread for Premier customers |
Spread for Corporate Employee maintain salary account with HSBC |
Spread for other customers |
|---|---|---|---|---|
| 1 month |
10.25% p.a | 0% p.a | 0.10% p.a |
0.75% p.a |
| 3 months | 10.75% p.a |
0% p.a |
0.10% p.a |
0.75% p.a |
| 6 months | 11.00% p.a | 0% p.a | 0.10% p.a |
0.75% p.a |
| Period |
1 month |
|---|---|
| Prime Rates2 | 10.25% p.a |
| Spread for Premier customers |
0% p.a |
| Spread for Corporate Employee maintain salary account with HSBC |
0.10% p.a |
| Spread for other customers |
0.75% p.a |
| Period |
3 months |
| Prime Rates2 |
10.75% p.a |
| Spread for Premier customers |
0% p.a |
| Spread for Corporate Employee maintain salary account with HSBC |
0.10% p.a |
| Spread for other customers |
0.75% p.a |
| Period |
6 months |
| Prime Rates2 | 11.00% p.a |
| Spread for Premier customers |
0% p.a |
| Spread for Corporate Employee maintain salary account with HSBC |
0.10% p.a |
| Spread for other customers |
0.75% p.a |
Early Repayment fees
Home Loans Early Repayment fees for Premier customers
| Interest Rate Scheme | Year 1 |
Year 2 | Year 3 | Year 4 | Year 5 | Y6 Onwards |
|---|---|---|---|---|---|---|
| Fixed rate 6 months | 2% |
2% | 1% | 0% | 0% | 0% |
| Fixed rate 1 year | 2% | 2% | 1% | 0% | 0% | 0% |
| Fixed rate 2 years | 2% | 2% | 1% | 0% | 0% | 0% |
| Fixed rate 3 years | 2% | 2% | 1% | 0% | 0% | 0% |
| Fixed rate 4 years | 3% | 3% | 2% | 1% | 0% | 0% |
| Fixed rate 5 years | 3% | 3% | 2% | 1% | 1% | 0% |
| Variable Rate | 3% | 3% | 2% | 0% | 0% | 0% |
| Interest Rate Scheme | Fixed rate 6 months |
|---|---|
| Year 1 |
2% |
| Year 2 | 2% |
| Year 3 | 1% |
| Year 4 | 0% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
| Interest Rate Scheme | Fixed rate 1 year |
| Year 1 |
2% |
| Year 2 | 2% |
| Year 3 | 1% |
| Year 4 | 0% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
| Interest Rate Scheme | Fixed rate 2 years |
| Year 1 |
2% |
| Year 2 | 2% |
| Year 3 | 1% |
| Year 4 | 0% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
| Interest Rate Scheme | Fixed rate 3 years |
| Year 1 |
2% |
| Year 2 | 2% |
| Year 3 | 1% |
| Year 4 | 0% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
| Interest Rate Scheme | Fixed rate 4 years |
| Year 1 |
3% |
| Year 2 | 3% |
| Year 3 | 2% |
| Year 4 | 1% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
| Interest Rate Scheme | Fixed rate 5 years |
| Year 1 |
3% |
| Year 2 | 3% |
| Year 3 | 2% |
| Year 4 | 1% |
| Year 5 | 1% |
| Y6 Onwards | 0% |
| Interest Rate Scheme | Variable Rate |
| Year 1 |
3% |
| Year 2 | 3% |
| Year 3 | 2% |
| Year 4 | 0% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
Home Loans Early Repayment fees for Other customers
| Interest Rate Scheme |
Year 1 |
Year 2 | Year 3 | Year 4 | Year 5 | Y6 Onwards |
|---|---|---|---|---|---|---|
| Fixed rate 6 months | 3% |
3% | 2% | 0% | 0% | 0% |
| Fixed rate 1 year | 3% | 3% | 2% | 0% | 0% | 0% |
| Fixed rate 2 years | 3% | 3% | 2% | 0% | 0% | 0% |
| Fixed rate 3 years | 3% | 3% | 2% | 0% | 0% | 0% |
| Fixed rate 4 years | 3% | 3% | 2% | 1% | 0% | 0% |
| Fixed rate 5 years | 3% | 3% | 2% | 1% | 1% | 0% |
| Variable Rate | 3% | 3% | 2% | 0% | 0% | 0% |
| Interest Rate Scheme |
Fixed rate 6 months |
|---|---|
| Year 1 |
3% |
| Year 2 | 3% |
| Year 3 | 2% |
| Year 4 | 0% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
| Interest Rate Scheme |
Fixed rate 1 year |
| Year 1 |
3% |
| Year 2 | 3% |
| Year 3 | 2% |
| Year 4 | 0% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
| Interest Rate Scheme |
Fixed rate 2 years |
| Year 1 |
3% |
| Year 2 | 3% |
| Year 3 | 2% |
| Year 4 | 0% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
| Interest Rate Scheme |
Fixed rate 3 years |
| Year 1 |
3% |
| Year 2 | 3% |
| Year 3 | 2% |
| Year 4 | 0% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
| Interest Rate Scheme |
Fixed rate 4 years |
| Year 1 |
3% |
| Year 2 | 3% |
| Year 3 | 2% |
| Year 4 | 1% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
| Interest Rate Scheme |
Fixed rate 5 years |
| Year 1 |
3% |
| Year 2 | 3% |
| Year 3 | 2% |
| Year 4 | 1% |
| Year 5 | 1% |
| Y6 Onwards | 0% |
| Interest Rate Scheme |
Variable Rate |
| Year 1 |
3% |
| Year 2 | 3% |
| Year 3 | 2% |
| Year 4 | 0% |
| Year 5 | 0% |
| Y6 Onwards | 0% |
Things you should know
Who can apply
- Vietnamese individuals or Vietkieu
- Age from 18 to 65
- Monthly personal income of at least VND 10 million
- Local residents living in Hanoi, HCMC, Dong Nai, Binh Duong, Long An, Ba Ria Vung Tau, Tay Ninh, Bac Ninh, Vinh Phuc, Hung Yen, Hai Duong , Hai Phong, Danang, Hoi An City, Tam Ky (Quang Nam), Hue City (Hue)
- Mortgaged property must be located in Ho Chi Minh City, Ha Noi, Binh Duong, Dong Nai and minimum value is VND 800 million OR located in Da Nang and minimum value is VND 500 million
What you need to apply
- Home Mortgage Loan application form (original copy)
- Identification card (a certified copy or the original ID to be crosschecked at the Bank. The date of issuance of the ID card must not exceed 15 years with identifiable details and photo)
- Household registration book / Temporary residence book
- Marital Status Certificate
- Copy of purchasing house ownership certificate
- Proof of income
- Copy of other asset ownership certificates (if any)
Useful information
How to apply
Please make sure you've read the information under Things you should know section
Apply by phone
Call us on
(84 28) 37 247 247(the South)
(84 24) 62 707 707 (the North)
Lines are open 8am to 10pm daily.
Frequently asked questions
1. What is a Smart Account?
Smart Account is a current account, mandatory to open for Smart Mortgage, and is linked to your Smart Mortgage Account.
2. Is there interest paid for Smart Account?
Smart Account is a no interest bearing account.
3. How many Smart Accounts can be linked to a Smart Mortgage Account?
Each Smart Account can only be linked to one Smart Mortgage Account and vice versa.
4. Is there any cap for the Smart Mortgage?
Fifty percent (50%) Smart Account Balance will be netted off with actual Smart Mortgage Balance for interest calculation for borrowers.
5. If 50% of Smart Account Balance is higher than Smart Mortgage balance, could the surplus be netted off for the following day or month?
At any day, if 50% of Smart Account Balance is higher than actual Smart Mortgage balance, HSBC will calculate the mortgage interest as zero (0). HSBC does not charge mortgage interest for that day but also does not transfer the surplus to the following day or month.
6. Could Smart Account be maintained after Smart Mortgage closure?
When Smart Mortgage has been paid off/ closed, Smart Account will be auto-closed and Smart Account balance will be transferred to borrower’s main transaction account.
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