winpieTaiwan-focused

Mortgage CalculatorTW-specific

Calculate monthly payment, total interest, and amortization schedule for a Taiwan home loan. Supports new vs used homes (with the age + loan term ≤ 50 rule), grace periods, and bank appraisal shortfall detection.

Inputs

If the appraisal is lower than the price, the loan is based on the appraisal and you need a larger down payment.

Applied to the loan base (lower of transaction price and appraisal).

Results
Standard monthly payment
NT$44,957 / month
Negotiation rate
−16.7%
Listing NT$18M → transaction NT$15M
Loan base (min of price/appraisal)NT$15M
Loan amount (base × ratio)NT$12M
Effective down paymentNT$3M (20.0%)
Total interest over 30 yearsNT$4.18M (34.9%)
Total repaid (principal + interest)NT$16.18M

Does not include fire/earthquake insurance, legal fees, escrow fees, broker fees, or land registration fees. Actual monthly outlay will exceed the payment shown.

Repayment progress

Early years go mostly to interest; principal paydown accelerates later. During the grace period, the remaining principal is flat.

Taiwan mortgage conventions

  • New homes: up to 80% LTV, 40-year term, 2.0–2.5% rate typical
  • Used homes: 70% LTV typical; term capped by "age + term ≤ 50"
  • Grace period: 1–3 years of interest-only payments, then re-amortize
  • Bank appraisal (鑑價) may differ from purchase price, affecting actual LTV

Related tools

All tools →