Thinking about buying a home in Taiwan? Want to understand your monthly mortgage payments or how much interest you’ll end up paying? Taiwan Mortgage Calculator makes it easy to simulate different loan scenarios and better plan your purchase with confidence.
In this quick guide, we’ll walk you through how to use the tool step by step, along with a brief overview of typical mortgage practices in Taiwan.
✏️ How to use the mortgage calculator
Once you land on the calculator page, simply fill in a few key fields. The system will automatically calculate your estimated monthly payments, total loan amount, and interest.
1️⃣ Property price
Enter the total price of the property you’re planning to purchase (in New Taiwan Dollars).
2️⃣ Down payment percentage
Choose or enter the percentage of the purchase price you plan to pay upfront (e.g., 20%, 30%). The calculator will determine the remaining loan amount.
3️⃣ Loan term
Select your desired loan period. The most common terms in Taiwan range from 20 to 30 years.
4️⃣ Annual interest rate
Input your estimated mortgage rate. Current mortgage rates in Taiwan typically fall between 1.8% and 2.3%, though actual rates vary based on your bank and financial profile.
5️⃣ View your results
After entering all your information, the system will instantly show:
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Estimated monthly payment (principal + interest)
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Total loan amount
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Total interest paid over the loan term
💡 Bonus: You can also input your monthly income, and the tool will calculate what percentage of your income would go toward monthly repayments, helping you assess your affordability more clearly.
🏦 What’s typical for mortgages in Taiwan?
Most people in Taiwan opt for “equal principal and interest” repayment plans with loan terms between 20 and 30 years. The down payment is usually 20% to 30% of the property price. However, your loan amount, term, and interest rate will depend on factors like income verification, credit history, property type, and whether you're a first-time buyer.
The government occasionally updates mortgage policies—for example, capping loan-to-value ratios for luxury homes or offering subsidies for first-time buyers. If you want to stay updated on changes coming in 2025 and their practical impact, we highly recommend reading this article:
🧑🏼🏫 Taiwan’s 2025 mortgage policy update: What foreign buyers need to know
It also includes essential tips and required documents for foreigners applying for a home loan in Taiwan.
📌 More Helpful Reads
Looking for a complete checklist of what you need to buy property in Taiwan as a foreigner? Don’t miss:
📃 What documents do I need to buy a property in Taiwan?
