Loan Instalment Calculator

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Key Facts Statement for Instalment Loan:

1.	The minimum and maximum repayment period is 3 months and 60 months respectively.
2.	According to the Money Lenders Ordinance, the maximum annual percentage rate is 48%.
3.	A representative example of total cost for a loan below is for reference only:
	–	Loan amount: HK$10,000
	–	Monthly Instalment of HK$1,672 for 6 months
	–	Interest rate: 0.092% per month
	–	Annual percentage rate: 1.1%
	–	Total repayment amount: HK$10,032