Ask the property consultant to calculate the mortgage for one month. High-rise commercial housing, indoor price 7500. I bought a set of 1 18m2. Two down payments. Loan for 20 years. It's run by China Merchants Bank. First of all, you have to understand that your current benchmark interest rate for commercial loans is 6.8%, which is the annual interest rate of more than five years. There are two kinds of monthly payments:

1. Repay the principal every month (more interest is paid at first, less later).

2. Equal monthly principal and interest (that is, it is the same every month, with a little more interest)

The amount of your loan should be 708,000 yuan. According to the first repayment method, the first repayment is 6844 yuan, the second repayment is 6827 yuan, the third repayment is 68 1 1, and the last repayment is 2966 yuan, with a total interest of 469,300 yuan. According to the second repayment method, the total interest is 5320 yuan.

There is no discount for the above.

The first kind of repayment pressure will be a little, but the total interest will be less. The latter repayment pressure will not be great in the past few years, but the interest will be more. If you plan to repay the loan in advance, it will be more economical to choose the latter, and it is also the one with the most choices. Many buyers choose this. Friendly reminder: the repayment method you described is not detailed enough, and the interest rate is not favorable. You will know that it will take at least one year to repay the loan in advance, or you will have to make an appointment to repay the loan in advance.