Credit Card Installment Loan Program Calculator and Repayment Schedule

CCB (Asia) Credit Card Installment Loan Program Calculator and Repayment Schedule¹

The example below is for reference only. The details of actual loan repayment is subject to the Bank's final approval.

APR	--%
Total Interest (HKD)	--	Monthly repayment (HKD)	--

1.

The Bank uses the Rule of 78 for the apportionment of principal and interest for each monthly repayment of the loan. For Cash Out Installment Program, please refer to this illustrative example of the apportionment of principal and interest for each monthly repayment. For “Chill” Spending Installment Program, please refer to this illustrative example of the apportionment of principal and interest for each monthly repayment. The above illustration is for reference only. The details of actual loan repayment is subject to the Bank's final approval.

2.

The Annualized Percentage Rate ("APR") is calculated according to the standard of Hong Kong Association of Banks and rounded to two decimal places. An APR is a reference rate which includes the basic interest rates and other applicable fees and charges of the product expressed as an annualized rate.