Tracking interest trends
Hibor-based mortgage interest rate is calculated in the basis of Hibor rate (Hong Kong Interbank Offer Rate), which is generally calculated by one month Hibor and quoted as H + X%. This kind of product is much more fluctuated than Prime based products.. As Hibor rate may rise considerably, most of the banks will set a cap rate based on Prime rate to lock up the risk of interest soar.
Prime based mortgage is relatively stable mortgage solution, borrowers can enjoy a more stable monthly installments.
Your stable choice
Prime based Mortgage, also known as P-Plan, the interest rate is usually quoted as P – X %. P-Plan Interest rate may vary according to the fluctuation of Prime rate. P-plan mortgage is more stable and familiar in the market.
Maximum LTV up to 90%
Offer by Pan Asian Mortgage Co. Ltd, the concessionary lower interest rate covers the whole loan tenor and the LTV currently can be as high as 90% of the property price.
即時查詢按揭