Product Type
"HSBC Smart Mortgage" must be used in relation to the residence (located in Japan only) of the customer, or his/her family members who live together, for the following purposes only:
-Construction of a house; or
-Purchase of a built-for-sale house (including a condominium); or
-Purchase of a pre-owned house (including a condominium); or
-Purchase of land for residential use; or
-Repayment of an outstanding home mortgage (excluding the Bank's loan) and payment of related expenses..

Loan Amount (JPY)
Please input the loan amount. The maximum loan amount for "HSBC Smart Mortgage" is 90% of the assessed collateral value as determined by the Bank.

Purchase Value (JPY)
Please input the purchase value or estimated purchase value of your property.

Loan Period (Years)
Please input the loan period in unit of year. Available loan period is 1 year to 35 years. At the time of final repayment, the applicant has to be at age of 80 or under, or he/she has to settle the remaining loan amount in full.

Lump Sum Deposit Amount (JPY)
Please input the initial amount of your deposit with the Bank to be used for balance offset.

Annual Savings (JPY)
Please input the amount of annual deposit during the loan period. The amount is not for your loan repayment, but saving deposit which is used for balance offset. "Annual Savings" are divided into twelve equal monthly savings. It is assumed that the saving balance will be increased every month until the final loan repayment, and it is used as the object of saving balance in balance offset calculation.

For example:
Lump Sum Saving Deposit Balance: JPY10 million
Annual Savings JPY: 1.2 million.
Saving Deposit Balance will be :
1 month later: 10+1.2/12= JPY 10.1 million
2 months later: JPY 10.2 million...

Compared Loan Interest Rate (% p.a.)
Please input the general mortgage loan's interest rate (% p.a.) which you would like to compare HSBC Smart Mortgage loan with.
"Mortgage Interest Repayment" for compared loan in result is estimation assuming the input "Compared Loan Interest Rate" will be used for loan calculation throughout your loan period.