Header

templatedata/MMContent/Organization/data/organization.xml

OrganizationDCR

HeaderDCR

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templatedata/MMContent/Header/data/personal/en/header_personal.xml

Displays product content on product detail page

MMProductDetail

TopicListPage

com.dbs.hk.flp.external.MMContentProductDetail

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Premium Financing

Premium Financing | DBS Hong Kong

Illustrative Example on Premium Financing Interest Payment

<h2 class="mTop-32">Illustrative Example on Premium Financing Interest Payment<br /><br /></h2>
<table class="tbl-primary mBot-16 maintenance-grid table-hover" style="float: left;" border="0" width="100%">
<thead>
<tr style="height: 17px;">
<th class="tableHead" style="width: 40%; height: 17px;">Item</th>
<th class="tableHead" style="width: 40%; height: 17px;">Amount</th>
</tr>
</thead>
<tbody>
<tr>
<td style="text-align: left;">Loan Amount</td>
<td style="text-align: left;">US$144,000</td>
</tr>
<tr>
<td style="text-align: left;">Interest rate<sup>1</sup> (Charging at Cost of fund)</td>
<td style="text-align: left;">5% p.a.</td>
</tr>
<tr>
<td style="text-align: left;">A margin</td>
<td style="text-align: left;">1% p.a</td>
</tr>
<tr>
<td style="text-align: left;">Loan tenor<sup>2</sup></td>
<td style="text-align: left;">1 Month<br /> (Assuming the actual number of days within this month is 30)</td>
</tr>
<tr>
<td style="text-align: left;">Monthly interest payment</td>
<td style="text-align: left;">US$720<br /> (US$144,000 x 6% p.a. x 30/360)</td>
</tr>
</tbody>
</table>
<br /><span style="font-size: 9pt;"><sup>1</sup>Charging at Cost of Funds (&ldquo;COF&rdquo;) is subject to re-fixing every loan tenor period , while the margin is fixed. This example is charging at COF plus a margin of 1% p.a. (Assuming COF for this month is 5% p.a. and the margin is 1% p.a.).</span><br /><br /><span style="font-size: 9pt;">Note: For this example, the interest rate on a Premium Financing loan is calculated based on COF plus a margin, where COF will fluctuate and be subject to change from time to time according to market interest rate, and it is not capped.</span><br /><br /><span style="font-size: 9pt;"><sup>2</sup>Maturity of each interest period</span>

FiveStarRating

templatedata/MMContent/FiveStarRating/data/personal/en/5_star_survey_flp.xml

com.dbs.hk.flp.external.FiveStarRatingExternal

GlobalFooter

templatedata/MMContent/GlobalFooter/data/personal/en/global_footer.xml

mapping

BinaryRating

templatedata/MMContent/BinaryRating/data/personal/en/binaryrating.xml

com.dbs.hk.flp.external.BinaryRatingExternal

Premium Financing

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