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🇨🇳China EditionUpdated September 2026Bank Lending Rules Audited

China Mortgage Calculator

Accurately model real estate financing in China with local interest rate benchmarks (2.85% - 3.75%), 15% minimum equity rules, and upfront Deed Tax (契税), Public Maintenance Fund & Notary.

🇨🇳China Model
🇨🇳China Mortgage Guidelines & Market Benchmark

PBOC and commercial banks require total monthly loan repayments to stay within 50% of proven monthly income, with total debts under 55%.

Basic Loan Details

Calculate your core monthly principal and interest payment.

SIMPLE
$
$1,000$12,000,000
20% of price
$
%
0.1%12%
yr
Monthly Principal & Interest
$9,626/mo

Standard base amortization repayment

P & I$9,626
Principal & Interest$9,626 (100%)
Total Loan Amount
$2,240,000
Total Financing Interest
$1,225,398
Total Lifetime Cost
$3,465,398
Projected Payoff
Oct 2056

Early Repayment & Prepayment Comparison (Amortización Anticipada)

Simulate paying extra principal: compare reducing your monthly payment vs. shortening your loan term.

Active Mortgage
$
$0$2,240,000
$/mo
$0/mo$5,000/mo
Opción 1: Reducir Cuota / ParcelaSame Term

Keeps the original loan term (30 yrs) and lowers your required monthly payment, boosting your ongoing cash flow.

New Monthly Payment:$9,626/mo
Monthly Cash Savings:Save $0/mo
Total Interest Saved:$0
Opción 2: Reducir Plazo / PrazoMaximum Savings

Keeps your monthly installment unchanged and dramatically shortens your debt term, slashing total interest paid.

Time Shaved Off Loan:0 Years (0 mo)
New Payoff In:30 Years
Total Interest Saved:$0

Amortization Schedule (USD)

Track how your loan balance decreases and view the shift from interest to equity over time.

YearStarting BalancePrincipalInterestTotal PaidEnding Balance
Year 1$2,240,000+$45,608$69,905$115,513$2,194,392
Year 2$2,194,392+$47,066$68,448$115,513$2,147,326
Year 3$2,147,326+$48,570$66,944$115,513$2,098,757
Year 4$2,098,757+$50,122$65,391$115,513$2,048,635
Year 5$2,048,635+$51,724$63,789$115,513$1,996,911
Year 6$1,996,911+$53,377$62,136$115,513$1,943,534
Year 7$1,943,534+$55,083$60,431$115,513$1,888,451
Year 8$1,888,451+$56,843$58,670$115,513$1,831,608
Year 9$1,831,608+$58,660$56,854$115,513$1,772,949
Year 10$1,772,949+$60,534$54,979$115,513$1,712,414
Year 11$1,712,414+$62,469$53,044$115,513$1,649,945
Year 12$1,649,945+$64,465$51,048$115,513$1,585,480
Year 13$1,585,480+$66,526$48,988$115,513$1,518,954
Year 14$1,518,954+$68,652$46,862$115,513$1,450,302
Year 15$1,450,302+$70,846$44,667$115,513$1,379,457
Year 16$1,379,457+$73,110$42,403$115,513$1,306,347
Year 17$1,306,347+$75,446$40,067$115,513$1,230,900
Year 18$1,230,900+$77,858$37,656$115,513$1,153,043
Year 19$1,153,043+$80,346$35,167$115,513$1,072,697
Year 20$1,072,697+$82,914$32,600$115,513$989,783
Year 21$989,783+$85,563$29,950$115,513$904,220
Year 22$904,220+$88,298$27,215$115,513$815,922
Year 23$815,922+$91,120$24,393$115,513$724,802
Year 24$724,802+$94,032$21,481$115,513$630,770
Year 25$630,770+$97,037$18,476$115,513$533,733
Year 26$533,733+$100,138$15,375$115,513$433,595
Year 27$433,595+$103,339$12,175$115,513$330,257
Year 28$330,257+$106,641$8,872$115,513$223,615
Year 29$223,615+$110,049$5,464$115,513$113,566
Year 30$113,566+$113,566$1,947$115,513$0
Monthly Principal & Interest
$9,626/mo

Essential Lending Standards in China

Combined mortgage model: Housing Provident Fund (公积金贷款) offers subsidized low rates paired with commercial bank loans (商业贷款).

PBOC sets Loan Prime Rate (5-year LPR) as the floating mortgage benchmark with regional point deductions.

Nationwide minimum down payment lowered to 15% for primary residences under recent PBOC easing measures.

Deed tax (契税) is preferential at 1% for first-time buyers on apartments under 140 square meters.

Borrowing Limits & Stress-Testing in China

PBOC and commercial banks require total monthly loan repayments to stay within 50% of proven monthly income, with total debts under 55%.

Property Taxes & Upfront Purchase Costs

Homebuyers pay a one-time Deed Tax (契税) of 1% to 3% plus a residential maintenance reserve fund (维修基金). There is no ongoing national annual property holding tax on residential real estate.

Estimated Upfront Fees: Budget approximately 2% for Deed Tax (契税), Public Maintenance Fund & Notary. In most situations, these fees must be covered in liquid cash and cannot be rolled into the mortgage.

Frequently Asked Questions

What is the minimum down payment required in China?

In China, buyers typically require at least 15% equity down payment. However, maintaining 20% equity often eliminates additional mortgage insurance charges.

What are the average upfront purchasing fees in China?

Upfront transaction fees (Deed Tax (契税), Public Maintenance Fund & Notary) average approximately 2% of the purchase price and must usually be funded with cash equity.