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Secured Lending Repayment Calculator

(Applicable to PowerWealth Flexi Financing Service / Secured Overdraft Facilities / Premium Financing / Policy Financing)

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Results

 

Daily Interest Payment
Monthly Interest Payment

Remarks

  1. The above results of the loan calculator are for reference only. The actual repayment liability depends on the actual terms of each borrowing arrangement.
  2. Daily / Monthly interest payment is calculated by assuming each month has 30 days and the loan amount / amount to be drawn remains unchanged.
  3. Daily / monthly interest payment is calculated on the following year basis (for both ordinary year & leap year);
    1. Hong Kong Dollar, Pound Sterling - 365 days;
    2. Other currencies - 360 days

To borrow or not to borrow? Borrow only if you can repay!
The service(s) / product(s) mentioned herein is / are not targeted at customers in the EU.