Online Mortgage Experience
Flexible repayment frequency
- Monthly Repayment: Conventional monthly repayment
- Fortnightly Repayment(1): make repayment every two weeks so the principal will be repaid more quickly in order to save interest payment
Monthly vs Fortnightly Repayment ![Mr Chan wishes to repay the mortgage loan with less interest expense and shorter repayment period.
Loan amount: HK$2,500,000 Repayment period: 30 years. Current interest rate: 2.5% per annum
Repayment Method , Monthly ,
Repayment Amount , HK$9,878/month ,
Loan Period , 30 years ,
Total Interest Payable , HK$1,056,088
Repayment Method , Fortnightly ,
Repayment Amount , HK$4,939/2 weeks ,
Loan Period , 26.7 years ,
Total Interest Payable , HK$927,259
SAVE 3.3 years HK$128,829](/etc/designs/hase/clientlib-common/images/fortnightly_example.jpg)
![Mr Chan wishes to repay the mortgage loan with less interest expense and shorter repayment period.
Loan amount: HK$2,500,000 Repayment period: 30 years. Current interest rate: 2.5% per annum
Repayment Method , Monthly ,
Repayment Amount , HK$9,878/month ,
Loan Period , 30 years ,
Total Interest Payable , HK$1,056,088
Repayment Method , Fortnightly ,
Repayment Amount , HK$4,939/2 weeks ,
Loan Period , 26.7 years ,
Total Interest Payable , HK$927,259
SAVE 3.3 years HK$128,829](/etc/designs/hase/clientlib-common/images/fortnightly_example.jpg)
(1) Not applicable to HIBOR Mortgage plan.
Useful Tools
![To borrow or not to borrow? Borrow only if you can repay!](/content/dam/hase/config/bde/pws/common/images/msg_eng.jpg)
-
Contact Us
- Make Appointment for Mortgage Application
- Mortgage Enquiry Hotline 2710 2288
- Hang Seng Mortgage Centre
- Visit Our Branches