Usually, repayment tenors last from 5 to 30 years, while the actual repayment tenor depends on your mortgage agreement. Starting from the 15th of September 2012, the HKMA has imposed a new tenor ceiling of 30 years for all mortgages.
However, it is a common practice for some banks to have a tenor cap of 65, 70 or 75 years, which is formulated by adding the age of the borrower to the repayment tenor. MoneyHero provides you with the tenor ceiling of each bank; check it on our mortgage comparison page now.
