Mortgage Calculator
Minimum monthly income
- Based on Basic DSR$28,449(50%)
Monthly Repayment
$14,225
- Monthly Repayment for 1st Mortgage$14,225
Tenor
30
Year(s)
Total Interest
$1,520,768
- Interest for 1st Mortgage$1,520,768
Total Loan Amount
$3,600,000
- Loan Amount for 1st Mortgage$3,600,000
Assuming applicants have no outstanding mortgages.
- Down Payment$2,400,000
- AVD (Scale 2)$0
- HK$
- HK$
- HK$
Total
$2,400,000
Remarks: *Starting from 28th, February, 2024, no SSD, BSD or NRSD needs to be paid for any residential property transactions.
**In accordance with the current HKMA requirements, mortgage applicants are required to pass the Debt-servicing Ratio(DSR) shall not exceed 50%. It is calculated on the basis of the first mortgage (second mortgage is not included) as initial reference, and it is assumed that the borrower has no other debt. The actual loan-to-value ratio is subject to the restrictions under current mortgage measures. The variable-rate mortgage repayment is calculated upon the offered interest rate and assumes that the interest rate remains unchanged for easy reference.
***The calculation is for reference only and subject to the latest announcement of Inland Revenue Department, HKMA and Banks.For details, please contact professional Mortgage Consultant.
Centaline Mortgage Hotline: 2889 2886
Centaline Mortgage Website: www.centamortgage.com
**In accordance with the current HKMA requirements, mortgage applicants are required to pass the Debt-servicing Ratio(DSR) shall not exceed 50%. It is calculated on the basis of the first mortgage (second mortgage is not included) as initial reference, and it is assumed that the borrower has no other debt. The actual loan-to-value ratio is subject to the restrictions under current mortgage measures. The variable-rate mortgage repayment is calculated upon the offered interest rate and assumes that the interest rate remains unchanged for easy reference.
***The calculation is for reference only and subject to the latest announcement of Inland Revenue Department, HKMA and Banks.For details, please contact professional Mortgage Consultant.
Centaline Mortgage Hotline: 2889 2886
Centaline Mortgage Website: www.centamortgage.com
Property Value
HK$
First Mortgage
%
or
HK$
Yrs
Mth
%
or
%
P = Prime rate (Best Lending Rate), the benchmark interest rate
Second Mortgage
(Optional)
Stamp Duty