NT$10 million at 2% for 20 years, equal payments
- Details
- NT$10,000,000, 2%, 20 years
- Result
- NT$50,588 a month; total interest NT$2,141,200
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years
years
During a grace period you pay interest only. The principal is then repaid over the remaining term. Leave it blank if there is none.
%
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Result
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How it is calculated
- Monthly rate = annual rate ÷ 12. Number of payments = years × 12.
- Equal payments: monthly payment = loan × r × (1 + r)^n ÷ ((1 + r)^n − 1). The payment stays the same, with more interest at the start.
- Equal principal: the same principal each month (loan ÷ n), with interest on the remaining balance, so the payment falls each month.
- Grace period: interest only (loan × monthly rate) during the grace period, then the principal is repaid over the remaining months, so later payments and total interest are higher.
- Total interest = total of payments − loan. Amounts are not rounded during the calculation, only for display.
- All calculations are done in your browser. The details you enter are not sent to any server.
Youth Home Loan 3.0 (from 1 August 2026)
| Loan limit | Up to NT$10 million; up to NT$12 million for couples married within 2 years; up to NT$15 million with children under 18 |
|---|---|
| Loan-to-value | Up to 80% |
| Preferential rate | 1.775% for the first 3 years, then the subsidy falls by 0.125 percentage points a year until the normal rate applies after 6 years |
| Term and grace period | Up to 40 years, with a grace period of up to 5 years |
| Eligibility | Under 50, age plus loan term not over 80, and annual income of the borrower not over NT$2 million |
| Application period | 1 August 2026 to 31 July 2029 |
Youth Home Loan 2.0 ended on 31 July 2026. Price limits by city and county and other conditions follow the lending bank and the Ministry of Finance.
Worked examples
NT$10 million at 2% for 20 years, equal principal
- Details
- NT$10,000,000, 2%, 20 years
- Result
- NT$58,333 a month; total interest NT$2,008,333
NT$10 million at 1.775% for 40 years
- Details
- NT$10,000,000, 1.775%, 40 years
- Result
- NT$29,112 a month; total interest NT$3,973,687
The same with a 5-year grace period
- Details
- NT$10,000,000, 1.775%, 40 years
- Result
- NT$14,792 a month during the grace period, then NT$31,983 a month; total interest NT$4,320,487
NT$8 million at 2.185% for 30 years
- Details
- NT$8,000,000, 2.185%, 30 years
- Result
- NT$30,315 a month; total interest NT$2,913,449
Official sources
Applies to: The formula does not change by year. Youth Home Loan 3.0 applies to applications from 1 August 2026 to 31 July 2029.
- Executive Yuan: Youth Home Loan 3.0 (Cabinet meeting, in Chinese)
- Ministry of Finance: Applications for Youth Home Loan 3.0 from 1 August 2026 (press release, in Chinese)
Last reviewed on October 27, 2026.
The rules on this page have been checked against the official sources listed above. The result is for reference. The rules and assessment of the concerned authority shall prevail.