All Details
*This promotion is applicable to customers who successfully apply for and drawdown a loan within the promotional period from February 1, 2024, to March 5, 2024. Customers who are approved for a loan amount of HKD 1,500,000 or above, with a repayment period of 12 months, will enjoy a monthly flat rate of 0.11%. The actual annual interest rates are 1.88% (calculated based on the inclusion of HKD 2,700 cashback and HKD 2,000 "RewardCash" from the successful application offer) and 2.47% (calculated without any cashback or "RewardCash"). The actual annual interest rates are calculated based on the guidelines provided by the Hong Kong Association of Banks and rounded to two decimal places. The actual annual interest rate is a reference rate that demonstrates the annualized rate including all applicable rates, fees, and charges.
Principal Loan Amount | HK$502,000 |
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Total Interest Payable | HK$21,686.40 |
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Monthly Payment | HK$43,641 |
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Total Amount Payable | HK$523,686.40 |
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Handling Fee | HK$0 |
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Annual Percentage Rate | 8.19% |
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Monthly Interest Rate | 0.36% |
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Loan Tenure | 12 Months |
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Early Settlement Fee | 2% of outstanding principal amount plus repayment of any applicable promotion offers |
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Age Requirement | 18 years old or above |
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Residency Status | Hong Kong resident |
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