Hong Kong Mortgage Repayment Calculator
Calculate your monthly mortgage payment, total interest cost, and view a 12-month amortization schedule. Supports both principal + interest and interest-only modes.
Key Takeaways
- • Current HK mortgage rates are approximately 4.1% (HIBOR+1.3%) or 4.125% (P-1.75%) as of early 2026
- • On a HK$5M, 30-year mortgage at 4.125%, monthly payment is about HK$24,230 with total interest of HK$3.72M
- • Interest-only mode has lower monthly payments but does not reduce the principal — total cost is significantly higher
Mortgage Details
Default: 4.125% (P-1.75%, current HK Prime rate)
Monthly Payment
HK$24,232
Total Interest
HK$3,723,695
Total Amount Paid
HK$8,723,695
Cost Breakdown
Amortization Schedule (First 12 Months)
| Month | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | HK$24,232 | HK$7,045 | HK$17,188 | HK$4,992,955 |
| 2 | HK$24,232 | HK$7,069 | HK$17,163 | HK$4,985,886 |
| 3 | HK$24,232 | HK$7,094 | HK$17,139 | HK$4,978,792 |
| 4 | HK$24,232 | HK$7,118 | HK$17,115 | HK$4,971,674 |
| 5 | HK$24,232 | HK$7,142 | HK$17,090 | HK$4,964,532 |
| 6 | HK$24,232 | HK$7,167 | HK$17,066 | HK$4,957,365 |
| 7 | HK$24,232 | HK$7,192 | HK$17,041 | HK$4,950,174 |
| 8 | HK$24,232 | HK$7,216 | HK$17,016 | HK$4,942,957 |
| 9 | HK$24,232 | HK$7,241 | HK$16,991 | HK$4,935,716 |
| 10 | HK$24,232 | HK$7,266 | HK$16,967 | HK$4,928,450 |
| 11 | HK$24,232 | HK$7,291 | HK$16,942 | HK$4,921,159 |
| 12 | HK$24,232 | HK$7,316 | HK$16,916 | HK$4,913,843 |
Frequently Asked Questions
What is the current mortgage rate in Hong Kong?+
Major Hong Kong mortgage rates are around HIBOR+1.3% or P-1.75%. As of early 2026, this translates to approximately 4.1-4.125%. Rates vary slightly between banks — shop around for the most competitive offer.
What is the difference between P+I and interest-only?+
Principal + Interest (P+I) means each monthly payment covers both interest and a portion of the principal, gradually reducing your debt. Interest-only means you only pay interest each month — the principal balance stays the same and is due in full at the end. Interest-only results in much higher total interest over the loan term.
What is the maximum mortgage term in Hong Kong?+
The maximum is generally 30 years, but subject to two constraints: borrower age + term ≤ 75, and property age + term ≤ 75. A 50-year-old borrower is limited to 25 years maximum.
Is there a penalty for early repayment?+
Most HK banks charge an early repayment penalty during the first 2-3 years, typically 1-3% of the outstanding balance. After the penalty period, early repayment is usually free.
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This calculator provides estimates for reference only. Actual mortgage terms depend on your bank, property, and credit profile. Interest rates are subject to change. moomoo and TradingView are affiliate links.