DBS Hong Kong     DBS Group
   
Log on to
Personal Banking
 
 
 
90% Mortgage Plan
  • Tell me
    about this plan
     

Buying a house is everyone's dream. DBS Bank provides two 90% mortgage plans for you to realise your dream with only 10% down payment.

Two mortgage plans for different needs
Both the Mortgage Insurance Programme and the "1+2" 90% Mortgage Plan offer a loan-to-value ratio of up to 90%. Yet, they differ in other aspects to fulfill your different needs.

  Mortgage Insurance Programme "1+2" 90% Mortgage Plan
Mortgage Type New mortgage for primary market properties (completed or under construction) and secondary market properties, refinancing and cash-out refinancing
Maximum Property Value HK$6,000,000
Property Type Village-type houses1 and rehabilitation projects2 under Urban Renewal Authority in addition to regular type of property Village-type houses1 or aged properties including Chinese tenements2 in addition to regular type of property
Maximum Loan Amount HK$4,800,0001 First and Second mortgage: HK$4,800,0001
Maximum Loan Tenor 30 years 30 years
Eligibility Owners of self-use private residential properties under personal ownership
Premium/Upfront Fee3 (can be borrowed along with the mortgage loan in one lump sum) A mortgage insurance premium is required An upfront fee is required
Cash-out refinancing4 Up to loan-to-value ratio of 85% to obtain a maximum loan amount of HK$4,800,0001 Up to loan-to-value ratio of 85% to obtain a maximum loan amount of first and second mortgage of HK$4,800,0001

  1. A loan-to-value ratio of up to 85% can be obtained for selected village-type houses that are approved by the Bank.
  2. A loan-to-value ratio of up to 85% can be obtained.
  3. Please refer to the enclosed fee/premium reference table.
  4. Maximum loan tenor of cash-out refinancing is 25 years.

Remarks:
T
he above product features of Mortgage Insurance Programme and “1+2” 90% Mortgage Plan are for reference only. The Bank reserves the right to change the features from time to time without prior notice. Please contact our staff for details.

Wide range of mortgage offers
You can choose among the DBS Prime Rate based, HIBOR, or fixed rate offers for the first mortgage; and the Composite Rate announced monthly by the Hong Kong Monetary Authority for the second mortgage to maximise your interest savings. Moreover, the property valuation fee is waived.

Professional mortgage services
Our Mortgage Hotline is always available to serve you and answer any mortgage questions that you may have. Besides, you can also make an appointment with our Mortgage Sales Managers at a time and place that best fits with your schedule.

Premium reference table for Mortgage Insurance Programme
Loan-To-Value(LTV) Ratio
Tenor
Single Premium
(% of the original loan amount)
Annual Premium Payment
First Year
(% of the original loan amount)
Renewal
(% of the original loan amount)
Above 70% and up to 75%
10
15
20
25
30
0.55
0.60
0.65
0.70
0.75
N/A
N/A
Above 75% and up to 80%
10
15
20
25
30
1.00
1.15
1.40
1.50
1.65
0.50
0.60
0.70
0.75
0.85
0.24
0.24
0.24
0.24
0.24
Above 80% and up to 85%
10
15
20
25
30
1.55
1.80
2.15
2.30
2.40
0.70
0.80
0.90
1.00
1.10
0.45
0.45
0.45
0.45
0.45
Above 85% and up to 90%
10
15
20
25
30
2.15
2.50
2.98
3.35
3.55
0.90
1.09
1.28
1.46
1.65
0.63
0.63
0.63
0.63
0.63

  1. The final approval is subject to the decision of the Hong Kong Mortgage Corporation Limited.
  2. The above insurance premium (LTV threshold at 70%) is subject to the applicable rate quoted by the Hong Kong Mortgage Corporation Limited from time to time.

Upfront fee reference table for "1+2" 90% Mortgage Plan
Loan-To-Value
(LTV) Ratio
Tenor of Second Mortgage
Upfront Fee
Above 70% and up to 80%
15
20
25
30
1.20%
1.45%
1.55%
1.70%
Above 80% and up to 85%
15
20
25
30
1.85%
2.20%
2.40%
2.50%
Above 85% and up to 90%
15
20
25
30
2.55%
3.05%
3.45%
3.65%

  1. The upfront fee is based on the total loan amount of the first and second mortgage, and can be settled by instalment.
  2. The upfront fee is subject to revision and change without prior notice.

Contact us today! We are delighted to offer you the right mortgage plan to meet your needs for buying your dream house. For enquiries, please call our Mortgage Hotline on 2961 2288 or visit any of our branches.

    

90% Mortgage Plan & Total Relationship Balance
Total Relationship Balance counts every dollar in your personal and joint accounts, including deposits, investment, outstanding balances of credit cards and loans. With a higher Total Relationship Balance, you can enjoy better rates for your time deposits. Act now to consolidate all your accounts with us to maximize your financial strength.

Note: The Bank reserves the right on final approval of the mortgage loan and to revise the loan offers without prior notice.

 

Additional Information

Back Top of Page
More products
Quick Links
Next Step
Site Map | Data Policy | Other Policies | Website Conditions of Use
Copyright © DBS Bank (Hong Kong) Limited 星展銀行(香港)有限公司 All Rights Reserved.
safestbank