Revolving Loan / Overdraft Facility Repayment Calculator
| Assume that you make no additional charges using the revolving loan or overdraft facility service and each month you pay… | You will pay off the outstanding balance in about | And you will end up paying an estimated total of |
|---|---|---|
| Only the minimum payment (HKD )4 | Months | HKD |
| HKD | Months |
HKD
(Total Saving5 = HKD ) |
Notes
If the relevant annual rate is calculated based on Dah Sing Bank Hong Kong Dollar Prime Rate, you may click here for the latest Prime Rate.
The repayment calculations are based on the information provided by you and the assumptions set out below. The results of the above repayment calculator are for reference only and the actual repayment liability depends on the actual terms of each borrowing arrangement.
Assumptions
- No new withdrawal transaction is made during the repayment period.
- No annual fee or other fee is charged during the repayment period.
- Monthly repayments are due on the 26th day after the statement date, and it is assumed that repayments are made on or before the due date.
- The minimum payment shown in the repayment calculator is only the minimum payment amount of the 1st repayment.
- The saving amount is "the total payment amount in case of paying off only the minimum payment each month" less "the total payment amount in case of paying off the outstanding balance in 36 months".
To borrow or not to borrow? Borrow only if you can repay!
The service(s) / product(s) mentioned herein is / are (i) subject to the relevant terms and conditions and (ii) not targeted at customers in the EU.