Mortgage Calculator — Taiwan
Estimate your monthly mortgage payment in TWD using Taiwan's typical rates, and see the full interest cost. No signup, no account needed.
Local rates & providers
Mortgage rates ≈ 2.0–2.5% p.a. CBC discount rate 2.00% (Mar 2026, held since Mar 2024). Major banks: Bank of Taiwan, Mega International, CTBC, E.Sun, Cathay United, Taishin, Fubon, First Bank.
Reference figures, ~2026. The Central Bank of the Republic of China (CBC) sets the policy rate; your offered rate depends on your profile, deposit and the lender. Verify current rates before deciding.
Worked example
For every NT$1,000,000 borrowed at 2.20% over 20 years:
- Monthly payment: NT$5,154
- Total repaid: NT$1,236,983
- Total interest: NT$236,983
Scale this to your loan amount — e.g. NT$3,000,000 costs about 3× these figures. A larger deposit and shorter term cut the interest sharply.
Real Taiwan mortgage rates: five major banks average (2026)
Taiwan's central bank, the Central Bank of the Republic of China (CBC), publishes a monthly average interest rate on new mortgage loans issued by the five major government-owned banks — a widely cited benchmark for Taiwanese home loan pricing. Through 2026 this average has continued climbing to its highest level in over 16 years, landing around 2.3%, as the CBC has held policy rates steady following its earlier tightening cycle and as banks approach internal real-estate lending caps, which has pushed effective mortgage pricing upward even without further official rate hikes.
Worked example. On an NT$12,000,000 mortgage at 2.3% over 30 years (360 monthly payments): monthly rate r = 0.023 / 12 = 0.0019167. With M = P·r·(1+r)n / ((1+r)n − 1): (1+r)360 ≈ 2.0086, so M = 12,000,000 × 0.0019167 × 2.0086 / (2.0086 − 1) ≈ 46,215 / 1.0086 ≈ NT$45,820 per month. Because the CBC average reflects newly issued loans specifically, it moves gradually month to month rather than jumping sharply, but it has trended consistently upward through 2025–2026.
Frequently Asked Questions
How is the mortgage payment calculated in Taiwan?
Lenders use the reducing-balance formula P × r × (1+r)ⁿ ÷ ((1+r)ⁿ − 1), where P is the loan, r the monthly rate and n the number of months. The fin·calc tool applies the same formula with Taiwan's typical rate.
What is the current home loan rate in Taiwan?
As a 2026 reference, typical rates are around 2.2% per year, linked to the Central Bank of the Republic of China (CBC) policy rate. Mortgage rates ≈ 2.0–2.5% p.a. CBC discount rate 2.00% (Mar 2026, held since Mar 2024). Major banks: Bank of Taiwan, Mega International, CTBC, E.Sun, Cathay United, Taishin, Fubon, First Bank.
How much deposit do I need?
A larger down payment lowers both your rate and total interest, and reduces the lender's risk. Most lenders also add valuation, legal and registration costs on top of the deposit.
Can I reduce the total interest?
Yes — a bigger deposit, a shorter term, and extra or early repayments all cut total interest significantly. Use the prepayment option in the calculator to see your exact saving.
What is the CBC's five-major-banks mortgage rate benchmark?
It's a monthly average interest rate on newly issued home loans from Taiwan's five major government-owned banks (Bank of Taiwan, Land Bank of Taiwan, Taiwan Cooperative Bank, First Bank, and Hua Nan Bank), published by the Central Bank of the Republic of China (Taiwan) and widely used as the reference point for how expensive new mortgages are becoming.
Why has Taiwan's average mortgage rate hit a multi-year high?
Reporting through 2025–2026 has pointed to Taiwan's average new-loan mortgage rate reaching its highest level in more than 16 years, driven by a combination of the CBC's earlier policy tightening and banks approaching internal caps on real-estate lending, which has pushed up the margins banks charge on new loans even without further official rate increases.
Do all banks in Taiwan charge the same mortgage rate?
No — the CBC's published figure is an average across the five major state-run banks specifically. Private banks and credit cooperatives can price above or below that average depending on the borrower's credit profile, loan-to-value ratio, and the property's location, so it's worth treating the published average as a benchmark rather than a guaranteed quote.
What is the CBC's five-major-banks mortgage rate benchmark?
It's a monthly average interest rate on newly issued home loans from Taiwan's five major government-owned banks (Bank of Taiwan, Land Bank of Taiwan, Taiwan Cooperative Bank, First Bank, and Hua Nan Bank), published by the Central Bank of the Republic of China (Taiwan) and widely used as the reference point for how expensive new mortgages are becoming.
Why has Taiwan's average mortgage rate hit a multi-year high?
Reporting through 2025–2026 has pointed to Taiwan's average new-loan mortgage rate reaching its highest level in more than 16 years, driven by a combination of the CBC's earlier policy tightening and banks approaching internal caps on real-estate lending, which has pushed up the margins banks charge on new loans even without further official rate increases.
Do all banks in Taiwan charge the same mortgage rate?
No — the CBC's published figure is an average across the five major state-run banks specifically. Private banks and credit cooperatives can price above or below that average depending on the borrower's credit profile, loan-to-value ratio, and the property's location, so it's worth treating the published average as a benchmark rather than a guaranteed quote.