up to HK$4,500 Credit Rebate
- 5.65%
- APR*
- HK$311,160
- Total Amount Payable
- HK$11,160
- Total Interest Payable
All Details
Annualized Percentage Rate ("APR") of 2.97% is calculated based on a monthly flat rate of 0.048%, with loan amount of HK$1,500,000 and repayment tenor of 12 months and includes an annual handling fee of 1%.
*The APR is calculated according to the guideline set out in the Code of Banking Practice and rounded up/down to the nearest two decimal places. APR is a reference rate, which includes all applicable loan interest rates, fees and charges of the loan product, expressed as an annualised rate.
| Principal Loan Amount | HK$300,000 |
|---|
| Total Interest Payable | HK$11,160 |
|---|
| Monthly Payment | HK$13,215 |
|---|
| Total Amount Payable | HK$311,160 |
|---|
| Handling Fee | HK$6,000 |
|---|
| Annual Percentage Rate | 5.65% |
|---|
| Monthly Interest Rate | 0.155% |
|---|
| Loan Tenure | 24 Months |
|---|
| Handling Fee | 1% per year |
|---|
| Late Payment Fee | HK$500 per month |
|---|
| Early Settlement Fee | 2% of Loan Amount plus HK$200 |
|---|
| Age Requirement | 18 years old or above |
|---|
| Residency Status | Hong Kong permanent resident |
|---|
| Employment Status | Minimum Annual Income HK$84,000 or above |
|---|
Disclaimer: At MoneySmart.hk, we strive to keep our information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. For any discrepancy in product information, please refer to the financial institution’s website for the most updated version. All financial products and services are presented without warranty. Additionally, this site may be compensated through third party advertisers. However, the results of our comparison tools which are not marked as sponsored are always based on objective analysis first.
