up to HK$4,500 Credit Rebate
- Total Amount Payable
- Total Interest Payable
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|
|Total Amount Payable||HK$311,160|
|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|
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