HKMA SPM MA-2
HKMA LTV / DSR Stress-Test Calculator
Check your mortgage against the three HKMA limits in one screen: 70% LTV cap, 50% DSR, and 60% DSR under a stress-tested contract rate + 2 percentage points.
Last updated · October 2024 (HKMA circular)
Result
Loan amount
HK$5.60M
LTV (cap 70%)
70.0%
Monthly payment (contract rate)
HK$27.1K
Monthly payment (stress rate)
HK$34.0K
DSR (limit 50%)
40.2%
Stress DSR (limit 60%)
48.8%
Maximum loan headroom
HKMA caps: HK$5.60M by LTV · HK$7.22M by DSR at contract rate. Bank will lend up to the lower of the two: HK$5.60M.
Frequently asked
- What is the current LTV cap in Hong Kong?
- Since 16 October 2024 the HKMA has applied a unified 70% loan-to-value cap to all residential properties under the DSR-based supervisory framework, regardless of property value or whether the unit is self-use or company-held. Earlier tiered caps were removed.
- What does the stress test actually check?
- Banks size your loan so that your monthly debt-servicing ratio (DSR) does not exceed 50% of gross monthly income at the contract interest rate, and does not exceed 60% at a stress-tested rate of contract rate plus 2 percentage points (HKMA SPM MA-2).
- Can I borrow more than 70%?
- Yes, through the HKMC's Mortgage Insurance Programme (MIP), eligible owner-occupiers may borrow up to 90% on properties at or below HK$10M, with a sliding cap up to HK$17.15M. MIP comes with insurance premiums and tighter income criteria — model carefully.
- What if I fail the stress test?
- You typically need a lower loan amount (larger down payment), a longer term to reduce the monthly payment, lower existing debt obligations, or a guarantor. Banks rarely override SPM MA-2 limits.