For the duration of Republic Bank’s 2022 Now You Can Mortgage Campaign, the minimum period of repayment for loans is 7 years and the maximum period of repayment is 30 years. The periodic interest rate ranges from 4.50% to 5.75%, with a maximum APR offered of 5.75%. For reference, a $1 Million loan with 100% financing repayable over a 30-year period, the monthly instalment could range from $5,066.85 to $5,835.73.
Actual rates may vary based on repayment term, loan amount, creditworthiness, and other terms and conditions. Country restrictions may apply. During the tenure, the mortgage the rate is variable.