The maximum loan amount you can borrow is based on your income and must conform to the maximum debt servicing ratio (DSR) requirements. There are two criteria for the DSR: Base-DSR and Stressed-DSR. For Base-DSR cap, the maximum Loan-to-value (LTV) ratio is 50%; while for Stressed-DSR, the maximum LTV is 60%. The Stressed-DSR is based on a 300 bsp interest rate hike.
Articles in this section
- How long is the repayment tenor?
- What are the differences between “additional borrowing” and “second mortgage”?
- Should I choose the flexible rate or the fixed rate mortgage plan?
- How to borrow Mortgage up to 90% LTV?
- What are the different types of mortgages in Hong Kong?
- What is the maximum loan amount that I can borrow?
- How is the Stress Test assessed?
- Should I choose the HIBOR plan or the prime plan?
- How to apply for a mortgage?
- Is MoneyHero.com.hk a mortgage referral company?