1, choose the average capital:
The advantage of equal principal repayment is that the overall interest paid is less, and the disadvantage is that the pressure of early repayment is greater.
However, although there is a lot of pressure at the beginning, there will be less and less money to be repaid later, and it is more cost-effective to repay in advance. This repayment method is more suitable for people who are in the golden age of their career or close to retirement age. Because people who are in the golden age of their careers are in the richest stage of their lives in terms of funds, they can bear greater repayment pressure at this time.
For people close to retirement age, their income will decrease after retirement, and then the repayment pressure will decrease, and the lower the monthly payment, the less pressure they will bear.
For some young people with weak repayment ability, this way will undoubtedly increase the pressure of life sharply, because young people should be in the most tense time in their lives when buying a house, and the excessive repayment pressure at the beginning of the average capital law is unbearable for them.
2. If equal principal and interest are selected:
The advantage of matching principal and interest is that the monthly repayment amount is relatively fixed, and the amount is not more or less, which is suitable for borrowers with relatively low income. But the disadvantage is also quite obvious, that is, to pay more interest.
In addition, in the equal principal and interest repayment method, the monthly repayment amount in the early stage is small in principal amount and large in interest amount, which is not conducive to early repayment.
For those who have a fixed income and expenditure and a normal income and expenditure plan, it is best to choose equal principal and interest.
Especially for young people who have just entered the society and have little savings, because compared with ordinary capital, the repayment pressure of equal principal and interest in the early stage is much less, and with the increase of age and work experience, the possibility of promotion and salary increase is also increasing, so it is not so difficult to repay in the later stage.
In fact, what kind of loan method you choose depends entirely on your economic affordability and capital allocation ability. Average capital and equal principal and interest have their own advantages and disadvantages. Everyone has different preferences and needs to consider different factors. Therefore, you need to make your own rational judgment and don't listen to other people's advice.
What is the difference between the equal principal and interest of commercial loans and the average capital?
1, the repayment method of equal principal and interest means that the borrower repays the loan principal and interest with the same amount every month; The principle of equal principal repayment means that the borrower repays the principal in equal amount every month, and the loan interest decreases month by month. The difference between these two repayment methods is that the principal in each repayment amount is different in the repayment method of equal principal and interest, the repayment amount in the early stage is small, and the total monthly principal and interest is equal.
2. Because the repayment speed of the principal is relatively slow, this repayment method takes a long time, and the total interest of repayment is higher than that of the general principal repayment method in the same period. The average capital repayment method is that the principal in each repayment amount is the same throughout the repayment period, and the repayment interest decreases month by month; The total principal and interest decreases month by month. This repayment method has great pressure on early repayment and is suitable for people with higher income or who want to repay in advance.
3. The loan amount is 6,543,800 yuan, the loan term is 30 years, and the annual interest rate of the loan is 5.94%. If the equal principal and interest method is adopted, the monthly repayment is 5957 yuan. If the repayment is not made in advance, it will be 2,654.38+044,500 yuan in 30 years, of which the interest is 654.38+065.438+044,500 yuan. Use the average capital repayment method. After the loan is issued, the repayment is 7728 yuan in the first month, 7765438 yuan +04 yuan in the next month, and then it will decrease month by month.