Get a mortgage up to 90% of property value with Mortgage Insurance Programme and enjoy a wider choice of properties with only a 10% down payment.

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Get a mortgage up to 90% of property value with Mortgage Insurance Programme and enjoy a wider choice of properties with only a 10% down payment.

Up to 90% Mortgage Insurance Program

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Up to 90% Mortgage Plan*
Up to 90% Mortgage Plan*
Traditional Mortgage Plan
Property Value HK$10,000,000 HK$10,000,000 HK$10,000,000
Down Payment HK$1,000,000 HK$2,000,000 HK$3,000,000
Loan to Value 90% 80% 70%
Insurance Premium HK$250,000 HK$109,000 N/A

The above example is for reference only, based on the assumptions of:

  • First-time homebuyer with regular income for completed residential properties; and
  • Floating rate mortgage; and
  • Tenor of 30 years; and
  • Single Premium Payment

(For First-time Homebuyer and all applicants without having any outstanding mortgages)

Insurance coverage according to Loan-to-value Ratio (LTV)
Loan Tenor (Years)
Single Premium Payment
(% of the Original Principal Balance)
Annual Premium Payment
First Year

(% of the Original Principal Balance)

Renewal

(% of the Original Principal Balance)

70% up to 75% LTV 10 0.00 N/A N/A
15 0.00
20 0.00
25 0.00
30 0.00
70% up to 80% LTV 10 0.50 0.45 0.22
15 0.60 0.55 0.22
20 0.76 0.65 0.22
25 0.83 0.70 0.22
30 0.92 0.80 0.22
70% up to 85% LTV 10 0.86 0.65 0.43
15 1.02 0.75 0.43
20 1.25 0.85 0.43
25 1.35 0.95 0.43
30 1.41 1.05 0.43
70% up to 90% LTV 10 1.25 0.85 0.61
15 1.48 1.04 0.61
20 1.79 1.23 0.61
25 2.03 1.41 0.61
30 2.16 1.60 0.61

## The lower of (a) the appraised value of the Property and (b) the purchase price of the Property as stated in the sale and purchase agreement (less the amount of any incentive).

The above example is for reference only.

The Bank reserves the right of final decision should any dispute arise. Please contact our branch staff for details.

(For non first-time homebuyer and all applicants without having any outstanding mortgages)

(Also for cash out re-financing)

Insurance coverage according to Loan-to-value Ratio (LTV)
Loan Tenor (Years)
Single Premium Payment
(% of the Original Principal Balance)
Annual Premium Payment
First Year

(% of the Original Principal Balance)

Renewal

(% of the Original Principal Balance)

70% up to 75% LTV 10 0.15 N/A N/A
15 0.15
20 0.15
25 0.15
30 0.15
70% up to 80% LTV 10 0.65 0.50 0.24
15 0.75 0.60 0.24
20 0.91 0.70 0.24
25 0.98 0.75 0.24
30 1.07 0.85 0.24

## The lower of (a) the appraised value of the Property and (b) the purchase price of the Property as stated in the sale and purchase agreement (less the amount of any incentive). (b) is not applicable to refinancing loans.

The above example is for reference only.

The Bank reserves the right of final decision should any dispute arise. Please contact our branch staff for details.

(For First-time Homebuyer and all applicants without having any outstanding mortgages)

Insurance coverage according to Loan-to-value Ratio (LTV)
Loan Tenor (Years)
Single Premium Payment
(% of the Original Principal Balance)
Annual Premium Payment
First Year

(% of the Original Principal Balance)

Renewal

(% of the Original Principal Balance)

70% up to 75% LTV 10 0.00 N/A N/A
15 0.00
20 0.00
25 0.00
30 0.00
70% up to 80% LTV 10 0.60 0.53 0.26
15 0.71 0.64 0.26
20 0.90 0.76 0.26
25 0.97 0.81 0.26
30 1.09 0.93 0.26
70% up to 85% LTV 10 1.01 0.76 0.5
15 1.20 0.87 0.5
20 1.46 0.99 0.5
25 1.57 1.10 0.5
30 1.64 1.22 0.5
70% up to 90% LTV 10 1.46 0.99 0.7
15 1.72 1.20 0.7
20 2.08 1.42 0.7
25 2.35 1.63 0.7
30 2.50 1.85 0.7

## The lower of (a) the appraised value of the Property and (b) the purchase price of the Property as stated in the sale and purchase agreement (less the amount of any incentive).

The above example is for reference only.

The Bank reserves the right of final decision should any dispute arise. Please contact our branch staff for details.

(For all applicants without having any outstanding mortgages)

Insurance coverage according to Loan-to-value Ratio (LTV)
Loan Tenor (Years)
Single Premium Payment
(% of the Original Principal Balance)
Annual Premium Payment
First Year

(% of the Original Principal Balance)

Renewal

(% of the Original Principal Balance)

70% up to 75% LTV 10 0.15 N/A N/A
15 0.15
20 0.15
25 0.15
30 0.15
70% up to 80% LTV 10 0.75 0.58 0.28
15 0.86 0.69 0.28
20 1.05 0.81 0.28
25 1.12 0.86 0.28
30 1.24 0.98 0.28

# Applicable to property value## above HK$15 million and up to HK$17.15 million for mortgage loans (i) from secondary market transactions with provisional sale and purchase agreement signed on or after 28 February 2024 and (ii) from primary market transactions, irrespective of the date of the provisional sale and purchase agreement.

## The lower of (a) the appraised value of the Property and (b) the purchase price of the Property as stated in the sale and purchase agreement (less the amount of any incentive). (b) is not applicable to refinancing loans.

The above example is for reference only.

The Bank reserves the right of final decision should any dispute arise. Please contact our branch staff for details.

(For First-time Homebuyer and applicants having outstanding mortgages)

Insurance coverage according to Loan-to-value Ratio (LTV)
Loan Tenor (Years)
Single Premium Payment
(% of the Original Principal Balance)
Annual Premium Payment
First Year

(% of the Original Principal Balance)

Renewal

(% of the Original Principal Balance)

60% up to  65% LTV 10 0.00 N/A N/A
15 0.00
20 0.00
25 0.00
30 0.00
60% up to  70% LTV 10 0.15 N/A N/A
15 0.15
20 0.15
25 0.15
30 0.15
60% up to  75% LTV 10 0.30 N/A N/A
15 0.30
20 0.30
25 0.30
30 0.30
60% up to  80% LTV 10 0.60 0.53 0.26
15 0.83 0.74 0.26
20 1.05 0.88 0.26
25 1.15 0.95 0.26
30 1.25 1.06 0.26
60% up to  85% LTV 10 1.02 0.77 0.51
15 1.33 0.97 0.51
20 1.59 1.08 0.51
25 1.77 1.24 0.51
30 1.83 1.35 0.51
60% up to  90% LTV 10 1.54 1.04 0.75
15 1.92 1.34 0.75
20 2.29 1.57 0.75
25 2.52 1.74 0.75
30 2.68 1.98 0.75

## The lower of (a) the appraised value of the Property and (b) the purchase price of the Property as stated in the sale and purchase agreement (less the amount of any incentive).

The above example is for reference only.

The Bank reserves the right of final decision should any dispute arise. Please contact our branch staff for details.

(For non first-time homebuyer and applicants having outstanding mortgages)

(Also for cash out re-financing)

Insurance coverage according to Loan-to-value Ratio (LTV)
Loan Tenor (Years)
Single Premium Payment
(% of the Original Principal Balance)
Annual Premium Payment
First Year

(% of the Original Principal Balance)

Renewal

(% of the Original Principal Balance)

60% up to  65% LTV 10 0.15 N/A N/A
15 0.15
20 0.15
25 0.15
30 0.15
60% up to  70% LTV 10 0.30 N/A N/A
15 0.30
20 0.30
25 0.30
30 0.30
60% up to  75% LTV 10 0.45 N/A N/A
15 0.45
20 0.45
25 0.45
30 0.45
60% up to  80% LTV 10 0.75 0.58 0.28
15 0.98 0.79 0.28
20 1.20 0.93 0.28
25 1.30 1.00 0.28
30 1.40 1.11 0.28

## The lower of (a) the appraised value of the Property and (b) the purchase price of the Property as stated in the sale and purchase agreement (less the amount of any incentive). (b) is not applicable to refinancing loans.

The above example is for reference only.

The Bank reserves the right of final decision should any dispute arise. Please contact our branch staff for details.

(For First-time Homebuyer and applicants having outstanding mortgages)

Insurance coverage according to Loan-to-value Ratio (LTV)
Loan Tenor (Years)
Single Premium Payment
(% of the Original Principal Balance)
Annual Premium Payment
First Year

(% of the Original Principal Balance)

Renewal

(% of the Original Principal Balance)

60% up to  65% LTV 10 0.00 N/A N/A
15 0.00
20 0.00
25 0.00
30 0.00
60% up to  70% LTV 10 0.15 N/A N/A
15 0.15
20 0.15
25 0.15
30 0.15
60% up to  75% LTV 10 0.30 N/A N/A
15 0.30
20 0.30
25 0.30
30 0.30
60% up to  80% LTV 10 0.71 0.62 0.30
15 0.97 0.86 0.30
20 1.23 1.02 0.30
25 1.35 1.10 0.30
30 1.46 1.23 0.30
60% up to  85% LTV 10 1.20 0.89 0.59
15 1.55 1.12 0.59
20 1.85 1.25 0.59
25 2.05 1.43 0.59
30 2.13 1.56 0.59
60% up to  90% LTV 10 1.79 1.20 0.87
15 2.23 1.55 0.87
20 2.65 1.81 0.87
25 2.92 2.01 0.87
30 3.10 2.28 0.87

## The lower of (a) the appraised value of the Property and (b) the purchase price of the Property as stated in the sale and purchase agreement (less the amount of any incentive).

The above example is for reference only.

The Bank reserves the right of final decision should any dispute arise. Please contact our branch staff for details.

(For non first-time homebuyer and applicants having outstanding mortgages)

Insurance coverage according to Loan-to-value Ratio (LTV)
Loan Tenor (Years)
Single Premium Payment
(% of the Original Principal Balance)
Annual Premium Payment
First Year

(% of the Original Principal Balance)

Renewal

(% of the Original Principal Balance)

60% up to  65% LTV 10 0.15 N/A N/A
15 0.15
20 0.15
25 0.15
30 0.15
60% up to  70% LTV 10 0.30 N/A N/A
15 0.30
20 0.30
25 0.30
30 0.30
60% up to  75% LTV 10 0.45 N/A N/A
15 0.45
20 0.45
25 0.45
30 0.45
60% up to  80% LTV 10 0.86 0.67 0.32
15 1.12 0.91 0.32
20 1.38 1.07 0.32
25 1.50 1.15 0.32
30 1.61 1.28 0.32

## The lower of (a) the appraised value of the Property and (b) the purchase price of the Property as stated in the sale and purchase agreement (less the amount of any incentive). (b) is not applicable to refinancing loans.

The above example is for reference only.

The Bank reserves the right of final decision should any dispute arise. Please contact our branch staff for details.

Insurance coverage according to Loan-to-value Ratio (LTV)
Loan Tenor (Years)
Single Premium Payment
(% of the Original Principal Balance)
Annual Premium Payment
First Year

(% of the Original Principal Balance)

Renewal

(% of the Original Principal Balance)

60% up to  70% LTV 10 0.30 N/A N/A
15 0.30
20 0.30
25 0.30
30 0.30
60% up to  75% LTV 10 0.45 N/A N/A
15 0.45
20 0.45
25 0.45
30 0.45
60% up to  80% LTV 10 0.86 0.67 0.32
15 1.12 0.91 0.32
20 1.38 1.07 0.32
25 1.50 1.15 0.32
30 1.61 1.28 0.32

## The lower of (a) the appraised value of the Property and (b) the purchase price of the Property as stated in the sale and purchase agreement (less the amount of any incentive). (b) is not applicable to refinancing loans.

The above example is for reference only.

The Bank reserves the right of final decision should any dispute arise. Please contact our branch staff for details.

(For applicants having outstanding mortgages)

Insurance coverage according to Loan-to-value Ratio (LTV)
Loan Tenor (Years)
Single Premium Payment
(% of the Original Principal Balance)
Annual Premium Payment
First Year

(% of the Original Principal Balance)

Renewal

(% of the Original Principal Balance)

50% up to  60% LTV 10 0.30 N/A N/A
15 0.30
20 0.30
25 0.30
30 0.30
50% up to  65% LTV 10 0.45 N/A N/A
15 0.45
20 0.45
25 0.45
30 0.45
50% up to  70% LTV 10 0.60 N/A N/A
15 0.60
20 0.60
25 0.60
30 0.60
50% up to  75% LTV 10 0.75 N/A N/A
15 0.75
20 0.75
25 0.75
30 0.75
50% up to  80% LTV 10 0.90 0.69 0.33
15 1.25 1.01 0.33
20 1.53 1.18 0.33
25 1.70 1.31 0.33
30 1.83 1.46 0.33

## The lower of (a) the appraised value of the Property and (b) the purchase price of the Property as stated in the sale and purchase agreement (less the amount of any incentive). (b) is not applicable to refinancing loans.

** This table is not applicable to mortgage loans (i) from secondary market transactions with provisional sale and purchase agreement signed on or after 28 February 2024 and (ii) from primary market transactions, irrespective of the date of the provisional sale and purchase agreement.

The above example is for reference only.

The Bank reserves the right of final decision should any dispute arise. Please contact our branch staff for details.

*Important Notes

To borrow or not to borrow? Borrow only if you can repay!