First-time buyer does not need to pass the stress test when purchasing completed residential property with the price of 10 million or below. However, individual bank reserves the final decision on these kind of cases. If the buyer fails to fulfil the income requirement, please call 3196 6666 for further enquiries.
This calculator assumed the applicants’ income derived mainly in Hong Kong, have not borrowed or guaranteed other outstanding mortgage(s) and be bought for self-use purpose.The above information is for reference only. No guarantee or representation is given by Midland as to its accuracy, completeness and/or applicability. All terms and conditions are subject to HKMA, HKMC, Inland Revenue Department, financial institution’s final announcement/approval. For all individual cases, please refer to the regarding terms and conditions. Information as of 19 May 2017.
Property Price
HK$
Loan amount
HK$
Mortgage insurance
借款月供 $1395（總共加借$360000)
Single interest rate plan
Combined interest rate plan
Interest rate
P=5.375%
-
Or
P = Prime rate (Best Lending Rate), the benchmark interest rate
Repayment Period
Agent commission
HK$
Legal fee
HK$
Renovation costs
HK$
Cash rebate
Tax
Stamp Duties
Please Select
This calculator assumed the applicants’ income derived mainly in Hong Kong, have not borrowed or guaranteed other outstanding mortgage(s) and be bought for self-use purpose.The above information is for reference only. No guarantee or representation is given by Midland as to its accuracy, completeness and/or applicability. All terms and conditions are subject to HKMA, HKMC, Inland Revenue Department, financial institution’s final announcement/approval. For all individual cases, please refer to the regarding terms and conditions. Information as of 19 May 2017.
