Property & Loan Parameters
HK$ 8,000,000
HK$
Yrs
70%
10%
Bank Cap: 70%
MIP Max: 90%
30 Years (360 mos)
5 Years
Max allowable: 30 yrs (Age rule: 80 - 32 = 48 yrs)
30 Years
Bi-weekly makes 26 half-payments a year (= 13 monthly payments), reducing loan term by ~3.5 years.
Bank Presets:
+
-
Uncapped: H+1.30% = 5.20% | Cap: P-1.75% = 3.625%
CAP TRIGGERED
Effective Interest Rate (實際按息)
P - 1.75% (Cap applied)
3.625%
p.a. (年利率)
%
HKMA Rule: If cash rebate exceeds 1%, the total rebate must be deducted from loan amount for LTV purposes.
Monthly Repayment
HK$ 25,584
/ month
Or HK$ 12,792 every 2 weeks under Bi-weekly plan
Min. Income Req:
HK$ 51,168
Loan Amount:
HK$ 5,600,000
Down Payment:
HK$ 2,400,000
Total Principal
HK$ 5,600,000
Total Interest (30y)
HK$ 3,610,240
Total Repayment
HK$ 9,210,240
Bank Cash Rebate
+HK$ 28,000
First Month Breakdown:
HK$ 8,667 (34%) Principal | HK$ 16,917 (66%) Interest
Total Upfront Cash Required (首期及置業開支)
Everything needed at provisional S&P signing and completion
Down Payment (首期)
HK$ 2,400,000
Ad Valorem Stamp Duty (從價印花稅 Scale 2)
(3.00%)
HK$ 240,000
Estate Agent Commission (代理佣金 1%)
HK$ 80,000
Solicitor & Legal Fees (律師費/按揭契)
HK$ 10,000
Less: Bank Cash Rebate (扣減: 銀行回贈)
- HK$ 28,000
Total Monthly Housing Outlay (每月總住屋開支)
Includes mortgage, government rates, rent & estate management fees
Govt Rates (差餉 5%)
HK$ 1,500/mo
HK$ 4,500/quarter
Govt Rent (地租 3%)
HK$ 900/mo
Applicable to post-97 leases
Management Fee (管理費)
HK$ 1,500/mo
Est. 500 sq ft @ $3.0/ft
Customize Holding Cost Assumptions ⚙️
30-Year Loan Balance & Equity Progression
Track how principal amortizes and equity builds over the lifetime of your loan
Principal Balance
Cumulative Interest