買樓按揭成數同利率??

按揭成數 means the percentage of home buyer needs to borrow mortgage loan from a bank. It is normally 70%, and you need to pay the remaining 30%. However, you can only pay 10% as the initial deposit, and borrow extra 20% borrowed from a bank on conditional that you need to pay insurance premium on that loan, the premium is around 1-3% of that loan.

利率 - In Hong Kong, there are 2 major types of mortgage loan interest rate, namly: PRIME RATE (P) and HIBOR (H). There are 2 prime rates in HK: 7.75% offered by Hong Kong bank, Hang Seng Bank, Bank of China and China Construction bank ( Asia), while other one is 8%. HIBOR - Hong Kong Interbank Offer Rate is much more volatile than P, as H is determined by the market condition in interbank market.

In recent statistics, most mortgage loans use P as the reference rate than H. The market convention on mortgage rate is P - ?%, ? is determined by your credit ratings, ability to repay, amount of outstanding loans........ Normally, ? = 2.6%-2.9%.