The mReferral Mortgage Calculator App

The mReferral Mortgage Calculator App is a user-friendly tool designed to support individuals in managing their property and mortgage requirements. It features a range of calculators to estimate mortgage payments, determine affordable home prices, and calculate potential cash-out amounts from refinancing. Users can also apply for a mortgage directly through the app, with the ability to compare selected P-loan options offering competitive interest rates. Additionally, the app provides property valuation services via Bank of China (Hong Kong). It’s important to note that mReferral does not offer mortgage or P-loan products itself, but instead serves as a referral platform connecting users with partner banks and financial institutions.

Key Benefits of the mReferral Mortgage Calculator App

• Mortgage Calculator: Enter your loan amount, repayment term, and interest rate to determine your monthly payment, total interest cost, and stamp duty. This tool supports both first and second mortgage scenarios.
• Refinance Calculator: Input details of your current and proposed mortgage plans to estimate your cash-out amount and changes in monthly repayments. The calculator also includes an early settlement feature for better financial planning.
• Affordability Calculator: By entering your desired loan amount and LTV ratio, you can find out the maximum affordable property price, required income level, and stress test eligibility.
• Mortgage Application: Apply for a mortgage through partner banks using the app’s secure API technology. The application process is fast, simple, and streamlined for convenience.
• Property Valuation: Get up-to-date property valuations from Bank of China (Hong Kong) with just a few taps—simply enter the property address to receive a professional assessment.
• P-loan Application: Compare multiple P-loan plans with low interest rates and apply instantly. Loan amounts can reach up to $3 million, with flexible repayment terms from 3 months to 10 years. The APR ranges from -99% to 8%, depending on eligibility and terms.

Important note: mReferral does not provide any mortgage or P-loan products. It only facilitates referrals to partner banks and financial institutions. All offers, benefits, and fees are governed by the respective institutions’ terms and conditions. Some institutions may apply handling fees, and product terms may be updated without prior notice. Specific P-loan examples and full details are available in the app’s Terms and Conditions section.