HIBOR Mortgage Plan

For the "Key Facts Statement (KFS) for Residential Mortgage Loan", please click here.

Grasp the opportunity to enjoy lower mortgage interest rate

By using the Hong Kong Interbank Offered Rate (HIBOR) as the basis of mortgage interest rate, the HIBOR Mortgage Plan provided by Bank of China (Hong Kong) gives you an opportunity to enjoy lower mortgage interest rate than other general mortgage plans based on the Hong Kong Dollar Prime Lending Rate (Prime). Comparatively speaking, the HIBOR Mortgage Plan follows more closely the market movement in interest rate.

  • Mortgage interest rate based on market interest rate
  • Capped mortgage interest rate
  • Different HIBOR periods
  • Other features
  • Exclusive privileges
  • Simple application step


Mortgage Interest Rate Based on Market Interest Rate

  • Mortgage interest rate is based on Hong Kong Interbank Offered Rate ("HIBOR")
  • Upon renewal, a new interest rate will be determined based on the prevailing HIBOR for the next interest period

Capped Mortgage Interest Rate

  • For your better financial plan, upon renewal, the mortgage interest rate for the coming interest period will be based on the capped interest rate or the applicable HIBOR, whichever is lower.

Different HIBOR Periods

  • Interest periods of 1, 3, 6 or 12 months at HIBOR base are available upon mortgage loan application
  • If you anticipate that the interest rate will move upward, you can choose a longer interest period. This can help avoid the impact brought about by increasing interest rates during your selected interest period. If you anticipate otherwise, you may choose a shorter interest period and take advantage of the possible lower interest rates for the time ahead.

Other Features

  • You may switch to the mortgage plan based on Prime throughout the repayment period1
  • Loan amount may be up to 90%2 of the appraised value or the purchase price of the property (whichever is lower)3
  • Repayment tenor may be up to 30 years


  1. Customers are required to submit an application for switching from HIBOR-based to Prime-based plan which is subject to the sole and absolute discretion of Bank of China (Hong Kong) Limited (the "Bank"). After changing to the Prime-based mortgage plan, switching back to HIBOR-based mortgage plan is not allowed.
  2. If the loan-to-value ratio is over 70%, customers are required to apply for "Mortgage Insurance Programme".
  3. Only applicable to First-Time-Home-Buyer who fulfilled related requirements by mortgage insurance company.

Exclusive Privileges

  • Fee waivers on instant property valuation, mortgage enquiries and the like.
  • Enjoy premium discount upon enrollment for Fire Insurance and/or Home Insurance via the Bank.
  • Annual fee waiver for BOC credit card throughout the entire mortgage period.

Simple Application Step

Act now and make online appointment for mortgage application!

For details, please call our Mortgage Service Hotline at +852 3669 3233 or visit any of the branches of BOCHK.

Reminder: To borrow or not to borrow? Borrow only if you can repay!

Terms and Conditions:

  • The above information is for reference only. The Bank may at its absolute discretion approve or reject any application for credit facilities and mortgage and may decline any application without assigning any reason. The credit facilities and mortgage shall be subject to the terms and conditions set out in the facility letter and mortgage documents.
  • Fire Insurance and Home Insurance are underwritten by Bank of China Group Insurance Company Limited ("BOCG Insurance"). The Bank is one of the insurance agents of BOCG Insurance. Details of the coverage are subject to the policy documents issued by BOCG Insurance.
  • The Bank reserves the right to amend and/or withhold the above offers, and the relevant terms and conditions at its discretion without prior notice.
  • In case of any discrepancy(ies) between the Chinese and English versions of this web page, the Chinese version shall prevail.