CB48 Mortgage Calculator

HKMC announced tightening guidelines on LTV calculation and its maximum capped level, as well as MIP, please refer to "New Measures" section for more details.

General Mortgage
Property Value
 
Loan
Amount
% Or
 
Premium Payment Option
Mortgage Type
Interest
Rate
% Or %
 
Combined
interest rate
First Yr  Mth Rate %
Remaining Yr  Mth Rate %
Repayment Period
Years Month
 

Second Mortgage (Optional)
Loan
Amount
% Or
Mortgage Type
Interest
Rate
% Or %
Combined
interest rate
First Yr  Mth Rate %
Remaining Yr  Mth Rate %
Repayment Period
Yr  Mth
 
Ad Valorem Stamp Duty(OLD) Ad Valorem Stamp Duty (OLD) (AVD) 
Applicable to:those who acquire the property before 23 February 2013; or those who acquire the property on or after 23 February 2013 having been exempted from payment of AVD at new rate.  Ad Valorem Stamp Duty (NEW) (AVD)
Applicable to those who acquire the property on or after 23 February 2013 and without being exempted. Buyer’s Stamp Duty (BSD)
Applicable to non-Hong Kong permanent resident or company who acquires the residential property Special Stamp Duty (SSD) – Paid by Buyer
If the property was acquired between 20 November 2010 and 26 October 2012, and if the property has been held:
for 6 months or less
for more than 6 months but for 12 months or less
for more than 12 months but for 24 months or less
for more than 24 months
If the property was acquired on or after 27 October 2012, and if the property has been held:
for 6 months or less
for more than 6 months but for 12 months or less
for more than 12 months but for 36 months or less
for more than 36 months
Results
Mortgage Expenses
Monthly repayment (1st mortgage) 1
$ 9,051.98
Monthly MIP 2
$ 0
Monthly repayment (2nd mortgage)
$ 0
Total Monthly Repayment
$ 9,051.98
Total Interest Payment
$ 858,709.08
Total Repayment
$ 3,258,709.08
Stress Test 3
Assumed interest rate (Raised by 3.00%)
5.15%
Min. Monthly Income Requirement
$ 21,841.05
Tax
AVD (OLD) (For first-time buyer)
$ 90,000
AVD (NEW) (Buyer with more than one property)
$ 180,000
BSD
$ 600,000
SSD
$ 0
General Expenses
Down Payment
$ 1,600,000
Mortgage insurance (Single non-financed)
N/A
Agent commission
$ 40,000

The prime rate of HSBC, HSB, BOC and NCB is 5%, while 5.25% is for all other banks and financial institutions.

Charges by different law firms may vary. The items listed in the above table DO NOT include the legal charges for preparing the Sales and Purchase Agreement, Deed of Title Transfer and Mortgage Deed. Customers should consult a lawyer for details.

Please call our Hotline at 3488 3187 if there are any enquiries.

 


(Only for mortgage plan with stable interest rate throughout the whole tenor)
Loan Amount  ：       Loan-to-value： %
Interest Rate 5 Years 10 Years 15 Years 20 Years 25 Years 30 Years
2.00% $ 42,067 $ 22,083 $ 15,444 $ 12,141 $ 10,173 $ 8,871
2.15% $ 42,224 $ 22,245 $ 15,611 $ 12,312 $ 10,349 $ 9,052
2.25% $ 42,330 $ 22,353 $ 15,722 $ 12,427 $ 10,467 $ 9,174
2.50% $ 42,594 $ 22,625 $ 16,003 $ 12,718 $ 10,767 $ 9,483
2.75% $ 42,859 $ 22,899 $ 16,287 $ 13,012 $ 11,071 $ 9,798
3.00% $ 43,125 $ 23,175 $ 16,574 $ 13,310 $ 11,381 $ 10,119
3.25% $ 43,392 $ 23,453 $ 16,864 $ 13,613 $ 11,696 $ 10,445
3.50% $ 43,660 $ 23,733 $ 17,157 $ 13,919 $ 12,015 $ 10,777
3.75% $ 43,929 $ 24,015 $ 17,453 $ 14,229 $ 12,339 $ 11,115
4.00% $ 44,200 $ 24,299 $ 17,753 $ 14,544 $ 12,668 $ 11,458
4.25% $ 44,471 $ 24,585 $ 18,055 $ 14,862 $ 13,002 $ 11,807
4.50% $ 44,743 $ 24,873 $ 18,360 $ 15,184 $ 13,340 $ 12,160
4.75% $ 45,017 $ 25,163 $ 18,668 $ 15,509 $ 13,683 $ 12,520
5.00% $ 45,291 $ 25,456 $ 18,979 $ 15,839 $ 14,030 $ 12,884
5.25% $ 45,566 $ 25,750 $ 19,293 $ 16,172 $ 14,382 $ 13,253