Mortgage Affordability Calculator Hong Kong

Is the flat to be bought for self use purpose.

Mortgage affordability calculator hong kong. This website provides services including property search recent transaction statistics historical prices estate information new property recommendations property market analysis market news and listing your property for sale rent. The minimum monthly income requirement was based on the stress test according to the hong kong monetary authority. The mip business has been transferred to and carried out by hkmc insurance limited hkmci a wholly owned subsidiary of the hkmc with effect from 1 may 2018. Call our dbs mortgage direct hotline.

An addition of was added on the existing interest rate for calculation. This website provides services including property search recent transaction statistics historical prices estate information new property recommendations property market analysis market news and listing your property for sale rent. The mortgage insurance programme mip was launched by the hong kong mortgage corporation limited hkmc in march 1999 for promoting home ownership in hong kong. Personal loan hkd.

The monthly repayment amount should not be over of homebuyer s monthly income. Mortgage interest rate. Make an appointment online with dbs home advice specialists. Mortgage calculators you can use our calculators to calculate how much you can afford for a mortgage loan based on your current income work out what your monthly repayment amounts will be and find out how much interest expense you can save with a deposit linked mortgage.

The mortgage interest rate quoted is based on 1 month hibor 0 382. Do you currently have an outstanding mortgage loan either as guarantor or borrower. Hkd prime rate 5 25 according to citibank hong kong limited s records as of jul 13 2020. Total monthly debt repayment amount.

Midland realty is a hong kong real estate agency that provides services for the sale and rent of residential properties. This website provides services including property search recent transaction statistics historical prices estate information new property recommendations property market analysis market news and listing your property for sale rent. The above mortgage offer is for illustration purpose only and is calculated on the following assumptions and basis. Are your income derived mainly in hong kong.