Enjoy up to 60% deposit cap for deposit linked mortgage plan in the first 3 years¹˒² and extra cash rebate
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You can choose between Hibor-based Mortgage Plan or Prime-based Mortgage Plan.
Standard Chartered is committed to making banking services greener and more sustainable. Together with us, you can start your Green Banking journey through your first green mortgage. There are over 600 sustainability certifications for products and buildings being used in the world today and Hong Kong Green Building Council (HKGBC) is one of the most renowned organizations which provides certifications to sustainable buildings in Hong Kong.
BEAM Plus, which is recognized by HKGBC, is Hong Kong’s leading initiative to offer independent assessment of buildings’ sustainability performance with a balanced scale in the area of Environmental Sustainability, Economic Sustainability and Social Sustainability that can fulfill the Bank’s Green and Sustainable Product Framework.
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Environmental Sustainability
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Social Sustainability
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Economic Sustainability
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|---|---|---|
| • Reduce carbon emission
• Pollution control |
• Healthy and active lifestyle
• Inclusive Design |
• Cost of life cycle
• Durability and toughness |
(Based on the examples of elements from BEAM Plus New Buildings 2.0)
Assume a mortgage loan amount of HKD4,000,000 with a loan tenor of 20 years at 3.5%* p.a.:
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Conventional prime-based mortgage plan with mortgage deposit linked features
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Standard conventional prime-based mortgage plan with deposit under savings account
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| With 60% deposit Cap for the first 3 years, and 50% deposit cap thereafter under Green Mortgage | With 50% deposit Cap | ||
| Initial deposit | HKD2,400,000 | HKD2,400,000 | HKD2,400,000 |
| Deposit rate (p.a.) | 3.5% | 3.5% | 0.25% |
| Total mortgage interest expenses in first 3 years (A) | HKD398,039 | HKD398,039 | HKD398,039 |
| Total deposit interest earned in first 3 years (B) | HKD238,823 | HKD199,019 | HKD18,064 |
| Net interest expenses in first 3 years (A) – (B) | HKD159,216
Save HKD238,823 (60% less) |
HKD199,020
Save HKD199,019 (50% less) |
HKD379,975 |
The above example is based on the assumptions below and does not take into account any fees and any interest rate change. This is for reference only.
*Based on the Hong Kong Dollar Prime Rate of the Bank (5.5%p.a. as of 23 December 2024) minus 2.00%p.a.
Assuming:
• Deposit HKD2,400,000 to mortgage deposit linked account on drawdown date of mortgage loan AND
• No withdrawal during the entire mortgage loan tenor AND
• Repay monthly instalment on schedule according to the Bank’s calculation
