Hang Seng Bank
Repayment Schedule of Hang Seng Mortgage Loan
Example Regarding the Breakdown of Principal and Interest in the Monthly Repayment of Hang Seng Mortgage Loan
Example Regarding the Breakdown of Principal and Interest in the Fortnightly Repayment of Hang Seng Mortgage Loan
(The example below is for reference only which does not reflect the actual
repayment process and the allocation of principal and interest regarding individual loan account. Interest calculated below is on a day-to-day basis and assumes repayment starts from January 1st with 365 days in a year.)
Interest calculated on a day-to-day basis and assumes repayment starts from January 1st.
The Minimum Monthly Income Requirement was based on the stress test according to the Hong Kong Monetary Authority. An addition of was added on the existing interest rate for calculation. The monthly repayment amount should not be over of homebuyer’s monthly income.
The calculation result shown above is for reference only. No warranty or representation is given by Hang Seng Bank Limited ("the Bank") as to its accuracy, completeness and/or fitness for a particular purpose. Any mortgage loan application and the terms and conditions for the loan including but not limited to the loan-to-value ratio and loan amount are subject to the final approval of the Bank.