mReferral Mortgage Calculator

The mReferral Mortgage Calculator app simplifies property and mortgage management. This handy tool provides multiple calculators for estimating mortgage costs, determining affordable home prices, and calculating potential cash-out refinancing amounts. Users can also conveniently apply for mortgages directly through the app, comparing various P-loan options with competitive interest rates. The app further enhances its utility by offering property valuation services powered by Bank of China (Hong Kong). Importantly, mReferral itself doesn't offer mortgage or P-loan products; it acts as a referral service connecting users with partner banks and financial institutions.

Key features of the mReferral app include:

1. Mortgage Calculator: Calculate monthly payments, interest costs, and stamp duty for both first and second mortgages by inputting loan amount, repayment term, and interest rate.

2. Refinance Calculator: Estimate cash-out potential and changes in monthly payments based on existing and proposed mortgage details. Includes early settlement calculations.

3. Affordability Calculator: Determine affordable property prices, income needs, and stress test requirements based on loan amount and Loan-to-Value (LTV) ratio.

4. Mortgage Application: Streamlined mortgage applications directly to participating banks via the app's API.

5. Property Valuation: Access up-to-date property valuations from Bank of China (Hong Kong) simply by entering the address.

6. P-Loan Application and Comparison: Compare various low-interest P-loan plans and apply instantly. Loan amounts up to $3 million are available, with flexible repayment periods (3 months to 10 years) and APRs ranging from -99% to 8%.

Disclaimer: mReferral solely provides referral services; it does not offer mortgage or P-loan products. All offers, benefits, and fees are governed by the terms and conditions of the partner banks and financial institutions. These institutions may impose handling fees and may modify product terms without notice. Examples of P-loan applications and further details are available in the app's Terms & Conditions section.