* The above example is based on a SmartPayment deposit made 1 year after taking out a 30-year loan of 30 million yen at 3.0% p.a. interest, without bonus repayments.

SAVE TIME by reducing the term of your loan SAVE MONEY by reducing the interest paid

Here’s a typical home mortgage situation Home mortgage disbursement amount 30 million Interest rate 3.0% p.a. Loan term 30 years Monthly salary (after tax) ¥400,000 Living expenses ¥250,000 Monthly specified loan repayment ¥126,000	How should I manage my repayments? Each month, have your salary deposited directly into the PowerSmart loan account. This will cover the 126,000 yen monthly payment plus a SmartPayment of 274,000 yen. How about when I need cash? Withdraw up to 274,000 yen from over 60,000 ATMs nationwide, including Shinsei Bank ATMs year round. What’s the benefit to me? From the time your SmartPayment is deposited until you withdraw the funds, your money is working to reduce your interest payments by lowering your outstanding balance.
*The above example is based on a 3.0% p.a. fixed-interest loan, with no bonus repayments and no specified savings account balance. All figures above are in yen.

Please note: The above example should be used as a rough guide and does not represent the terms and conditions of a PowerSmart Home Mortgage. The figures may differ according to the interest rate, prepayment amount and other factors. The loan for this home mortgage is limited to financing an existing housing loan (refinancing a loan from another financial institution), purchasing a new/second-hand property (house, apartment), constructing a building on owned land (lump sum disbursement at time of completion only), or purchasing land (with plans to complete construction of a residence within a year). Please note that finance is not available if construction is paid for in installments or involves remodelling, or if refinancing is for remodelling.