- Total Amount Payable
- Total Interest Payable
You can calculate the actual annual interest rate, monthly payment, and total repayment amount in real time on the Mox App according to the repayment period you set. Ultra-transparent, no hidden charges
^For an Instant Loan on a Mox Credit transaction of HK$850,000 into 60 monthly instalments, the Annualised Percentage Rate (APR) is as low as 1.87%. The APR is calculated using methods specified in relevant guidelines as set out in the Code of Banking Practice. The APR is a reference rate, which includes all applicable interest rates, fees and charges of the product, expressed as an annualised rate. The APR for an Instant Loan is subject to Mox’s final decision on a case-by-case basis and the Mox Credit account status at the time Mox receives the Instant Loan application. For more details, please refer to Instant Loan Key Facts Statement and Schedule 3 to the General Terms and Conditions on Mox website for details.
|Principal Loan Amount||HK$300,000|
|Total Interest Payable||HK$26,640|
|Total Amount Payable||HK$326,640|
|Annual Percentage Rate||8.65%|
|Monthly Interest Rate||0.37%|
|Loan Tenure||24 Months|
|Late Payment Fee||HK$0.00 |
|Early Settlement Fee||2% of the aggregate monthly principal repayment amount(s) of your Instant Loan outstanding|
|Age Requirement||18 years old or above|
|Residency Status||Hong Kong Resident|
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.