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| 95% Mortgage Plan |
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Buying a house is everyone's dream. DBS Bank provides two 95% mortgage plans of your choice for you to realize your dream with a down payment of just 5%.
Two mortgage plans designed for different needs
Both the Mortgage Insurance Programme and the "1+2" 95% Mortgage Plan offer a loan-to-value ratio of up to 95%. Yet, they differ in other aspects to fit in with your needs.
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Mortgage Insurance Programme |
"1+2" 95% Mortgage Plan |
| Mortgage Type |
New mortgage for primary market properties (completed or under construction) and secondary market properties, refinancing and cash-out refinancing |
| 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 tenements3 in addition to regular type of property |
| Maximum Loan Amount |
HK$20,000,000 |
First mortgage: HK$20,000,000
Second mortgage: HK$5,000,000 |
| Loan Tenor |
Up to 40 years |
Up to 30 years |
| Eligibility |
Owners of self-use private residential properties under personal ownership |
Owners of self-use private residential properties under personal or shell company ownership |
| Approval Process |
Fast and efficient direct approval service |
One-stop approval by DBS Bank |
| Premium/Upfront Fee4 (can be borrowed along with the mortgage loan in one lump sum) |
A mortgage insurance premium is required (up to 45% discount on the premium can be offered to eligible customers5) |
An upfront fee is required (up to 45% discount on the upfront fee can be offered to eligible customers5) |
| Cash-out refinancing |
Up to loan-to-value ratio of 85% to obtain a maximum loan amount of HK$5,000,000 |
Up to loan-to-value ratio of 90% to obtain a maximum loan amount of HK$3,150,000 for second mortgage |
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Eligible for selected village-type houses approved by the Bank. Please contact our staff for details. A loan-to-value ratio of up to 85% can be obtained. Customers can obtain a loan-to-value ratio of up to 90% for village houses, properties aged up to 50 years and Chinese tenements. Please refer to the enclosed fee reference table. Please contact our staff for details. |
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Wide range of mortgage offers
You can choose among the DBS Prime Rate based, HIBOR, or fixed rate offered on promotion basis for the first mortgage; and the Composite Rate announced monthly by the Hong Kong Monetary Authority for the second mortgage to maximize your interest savings. Moreover, the property valuation fee is waived.
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Professional mortgage services
Our Mortgage Centers and Mortgage Hotline are 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.
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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% |
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0.55 |
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0.60 |
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0.65 |
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0.70 |
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0.75 |
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0.80 |
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0.85 |
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N/A |
N/A |
Above 75% and up to 80% |
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1.00
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1.15
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1.40
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1.50
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1.65
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1.75 |
1.85 |
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0.50
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0.60
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0.70
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0.75
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0.85 |
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0.95 |
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1.05
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0.24
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0.24
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0.24
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0.24 |
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0.24 |
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0.24
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0.24
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Above 80% and up to 85% |
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1.55
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1.80
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2.15
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2.30
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2.40 |
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2.50 |
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2.60
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0.70
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0.80
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0.90
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1.00
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1.10 |
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1.20 |
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1.30
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0.45
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0.45
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0.45
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0.45 |
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0.45 |
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0.45
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0.45
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Above 85% and up to 90% |
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2.15
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2.50
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2.98
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3.35
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3.55 |
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3.75 |
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3.95
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0.90
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1.09
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1.28
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1.46
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1.65 |
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1.85 |
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2.05 |
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0.63
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0.63
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0.63
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0.63 |
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0.63 |
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0.63
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0.63
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Above 90% and up to 95% |
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2.48
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2.88
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3.38
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3.78
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3.98 |
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4.28 |
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4.58
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1.04
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1.26
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1.48
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1.68
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1.90 |
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2.10 |
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2.30
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0.73
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0.73
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0.73
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0.73 |
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0.73 |
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0.73
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0.73
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The final approval is subject to the decision of the Hong Kong Mortgage Corporation Limited. The insurance premium 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" 95% Mortgage Plan
Loan-To-Value
(LTV) Ratio |
Tenor of Second Mortgage |
Upfront Fee |
Above 70% and up to 80% |
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Above 80% and up to 85% |
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Above 85% and up to 90% |
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Above 90% and up to 95% |
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The upfront fee is based on the total loan amount of the first and second mortgage, and can be settled by instalment. Please contact our staff for details. 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.
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95% 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. |
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Note: The Bank reserves the right on final approval of the mortgage loan and to revise the loan offers without prior notice.
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