Mortgage Loan Calculator
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Mortgage Loan
This loan calculator will help you determine the monthly payments on a loan. Simply enter the loan amount, term and interest rate in the fields below and click calculate. This calculator can be used for mortgage, auto, or any other fixed loan types.
Loan Amount (HK$)
Monthly Flat Rate
%
Tenor
Input
Loan Amount (HK$)
20,000
Monthly Flat Rate
20%
Tenor
12 Months
Result
Monthly Repayment Amount (HK$)
5,666.67
Total Interest (HK$)
48,000
Annualized Percentage Rate (APR)
1606.98%
Remarks:
- The above APRs (annualized percentage rates) and monthly repayments are calculated in accordance with the relevant guidelines as set out in the "Code of Banking Practice" and rounded to the nearest two decimal places.
- The above information is provided for reference only.
Key Facts Statement for Installment Loan – Chong Hing Personal Loan, Terms and Conditions of Chong Hing Personal Loan and Repayment Example of Chong Hing Personal Loan (click here)
