#10

Dah Sing Bank HIBOR Mortgage-Link Plan

H+1.35% (Cap 3.55%)(HK$3.55)

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Dah Sing Bank HIBOR Mortgage-Link Plan (大新銀行 HIBOR 按揭掛鈎計劃) by Dah Sing Bank pairs a H+1.35% HIBOR rate with a P - 1.95% (Large P benchmark) cap (~3.55% effective ceiling) and up to 0.85% cash rebate.

Source: Dah Sing Bank

Key Metrics

Lender

Dah Sing Bank

HIBOR Spread

H +: 1.35%

Prime Rate Cap

P - 1.95% (Large P benchmark)

Effective Cap Ceiling

3.55% p.a.

Bank Cash Rebate

Up to 0.85%

Lock-In Period

2 years

Deposit-Link Offset

50% high-interest mortgage-linked savings account

Pros and Cons

Pros

Flexible underwriting for older urban buildings
car parks & HK$3M–HK$5M refinancing tickets

Cons

Spread/cap can sit 5 bps above Big-4 banks on smaller tranches

Eligibility

Maximum 0.85% cash rebate applies from HK$3,500,000 loan size
subject to HKMA LTV & debt-servicing underwriting and 2-year lock-in period

Things to Watch Out For

Spread/cap can sit 5 bps above Big-4 banks on smaller tranches

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