The mReferral Mortgage Calculator app simplifies property and mortgage management. This user-friendly application provides a suite of calculators for various mortgage-related needs, including mortgage expense calculations, affordable property price estimations, and refinance cash-out amounts. Beyond calculations, the app facilitates mortgage applications, allowing users to compare P-loan options from partnered institutions offering competitive interest rates. Property valuations are also readily available through integration with Bank of China (Hong Kong).
Key features and benefits include:
-
Comprehensive Mortgage Calculator: Calculate monthly payments, interest, and stamp duty for both first and second mortgages, using customizable inputs for loan amount, repayment period, and interest rate.
-
Refinance Calculator: Easily determine potential cash-out amounts and changes in monthly payments after refinancing, with an added early settlement calculation feature.
-
Affordability Calculator: Estimate affordable property prices based on your mortgage amount and Loan-to-Value (LTV) ratio, including income and stress test requirements.
-
Streamlined Mortgage Application: Apply for a mortgage directly through the app, leveraging its API integration with partner banks for a quick and convenient process.
-
Instant Property Valuation: Obtain up-to-date property valuations from Bank of China (Hong Kong) by simply entering the property address.
-
P-Loan Comparison and Application: Compare various P-loan plans with low interest rates and apply instantly. Loans up to $3 million are available with flexible repayment terms (3 months to 10 years) and APRs ranging from -99% to 8%.
Important Disclaimer: mReferral acts solely as a referral service; it does not provide mortgage or P-loan products directly. All offers, benefits, and fees are governed by the terms and conditions of the partnering banks and financial institutions. These institutions reserve the right to modify product terms and charge handling fees without prior notice. Refer to the app's Terms & Conditions for detailed examples of P-loan applications.
