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Mortgage Calculator

Loan Parameters

HK$5.00M
HK$500,000
3.625%

Bank Rates (Indicative)

* Rates are indicative. Consult your bank for current offers.

Monthly Payment

HK$20,522

Loan Amount

HK$4.50M

Down Payment

HK$500,000

Total Cost Breakdown

Principal
HK$4.50M
Total Interest
HK$2.89M
Total CostHK$7.39M

Interest-to-Principal

64%

Annual Cost

HK$246,268/yr

HKMA guideline: Monthly mortgage repayment should not exceed 50% of gross monthly income. For HK$20,522/month, minimum recommended gross income is HK$41,045/month.