Repayment is a necessary thing to do after successfully obtaining a loan, but many people only know the equal principal and interest and the average capital as the repayment method of the loan, and they don't know anything else. But in fact, in addition to these two common repayment methods, there are the following ways:

1. Pay the interest in one lump sum and repay the principal when due.

This repayment method means that the borrower pays off the loan interest in one lump sum, and then pays off the principal in one lump sum when the loan expires, which is mostly used for short-term lending by private lending.

2. Pay interest on a monthly basis and repay the principal when due.

This repayment method is generally used for short-term loans, that is, the borrower only needs to repay the interest every month and pay off the principal in one lump sum when the loan expires.

3. Pay interest every month and repay the principal every quarter.

Refers to the borrower's monthly repayment of interest and quarterly repayment of principal, which is mostly used for enterprise management and breeding loans.

4. Equal benefits

This repayment method is to allocate the loan principal and loan interest to each month, and the interest paid in the early stage is relatively low.

Pay interest first, and then repay the principal in equal amount.

This repayment method is that the borrower only needs to repay the interest in the early stage, and then repay the principal and residual interest in the later stage. This repayment method of loans is familiar with student loans.

6. Pay as much as you borrow

Within the specified loan period, the lending institution grants the borrower a certain credit line, within which the borrower can repay with the loan.

7. two-week supply

The so-called biweekly repayment means that the borrower repays once every two weeks. Because of the high repayment frequency, it saves more interest.

How to calculate the most cost-effective loan interest?

Question 1: How can a house loan be the most cost-effective? Yes, it can be repaid in advance after one year, and the money repaid in advance does not calculate interest, which is definitely worth it. But the bank also knows that you will repay the loan in advance, so in order to match the principal and interest, most of the things you have to pay in front of you are interest. If you want to pay back in advance in the first year, you should pay back more than120 thousand. In fact, there is no need to repay the loan in advance at one time. It is ok to pay back 565438+ ten thousand yuan in advance. Just call the bank that gave you the loan and make an appointment before you pay back the money. Anyway, the loan hasn't been issued yet. Don't worry, just ask the bank how to repay the loan in advance in the future. There is no doubt that prepayment is worthwhile. But as long as it is paid off in the first few years, it will not be paid off in the first year. I wish you a housewarming in the Spring Festival.

Question 2: How to repay the bank loan cost-effectively? Bank loan repayment methods generally include matching principal and interest repayment, matching principal repayment, one-time principal and interest repayment, and scheduled principal and interest repayment.

Matching principal and interest repayment: this is the most mainstream repayment method at present. In this way, the same amount will be paid every month, and the principal and interest amount will be different. The previous principal amount is greater than the interest amount; The amount of interest paid later is greater than this amount. This repayment method is suitable for borrowers with stable income, and it is more convenient to arrange income and expenditure; Its disadvantage is that the amount of interest paid is relatively large, the interest will not decrease with the decrease of principal, and the total interest on repayment is high.

Average capital repayment method: This method means that the borrower repays the same principal every month, and the monthly interest will decrease with the decrease of the principal amount. There are more principal and interest paid in the early stage, but the total amount of interest to be paid is relatively small, and the repayment burden decreases month by month. This repayment method is suitable for borrowers with abundant funds on hand after loan and high repayment ability in the early stage.

One-time repayment of principal and interest: if the loan term is within one year (including one year), the principal and interest will be repaid at maturity, and the interest will be paid off together with the principal. This repayment method is generally only open to small short-term loans. The applicability is not strong.

Pay interest and repay the principal on schedule: In this way, the borrower decides to repay the loan monthly, quarterly or annually. To put it simply, the borrower pays the money to be repaid every month in a few months according to different financial conditions. This repayment method is suitable for people with unstable income.

How to repay the bank loan is the most cost-effective? The answer to this question is that the borrower decides according to his own situation to see which repayment method suits him best.

Question 3: How can loans be more cost-effective?

After carefully reading the following two different repayment methods, I think you should have a preliminary understanding of these two repayment methods. If you want to repay the loan in advance after one year, I strongly recommend the repayment method of equal principal and interest, because before using the repayment method of equal principal and interest, your interest is less, and the average capital is under great pressure at first, and you get the most interest, which is even more unfavorable to those who have the ability to repay the loan in advance.

Matching principal and interest repayment method, that is, the borrower repays the loan principal and interest in equal amount every month, in which the monthly loan interest is calculated and punished according to the remaining loan principal at the beginning of the month and settled monthly according to the matching principal and interest repayment method. Because the monthly repayment amount is equal, in the early stage of the loan, the loan principal will be less after excluding the monthly settlement interest, while in the later stage of the loan, the loan principal will be more because of the continuous reduction of the monthly repayment amount and the continuous reduction of the loan interest. This repayment method actually takes up more bank loans and takes longer. At the same time, it is also convenient for borrowers to reasonably arrange their monthly life and financial management (such as renting a house, etc.). ) is undoubtedly the best choice for those who are proficient in investment and are good at "taking Qian Shengqian as their home".

The so-called equal principal repayment, the lender will allocate the principal to each month, and pay off the interest between the previous trading day and the repayment date. Compared with the matching principal and interest, the total interest cost of this repayment method is lower, but the principal and interest paid in the early stage are more, and the repayment burden is reduced month by month. Average capital repayment method is a very simple and practical repayment method. The principle of the basic algorithm is to repay the loan principal in equal amount on schedule during the repayment period, and at the same time pay off the interest generated by the unpaid principal in the current period. Repayment methods can be monthly repayment and quarterly repayment. Due to the requirement of bank interest settlement practice, quarterly repayment is generally adopted (such as China Bank). Matching principal repayment is not an option to save interest. If there is really a good way to save interest, it is to learn to spend rationally, according to your own economic strength, tailor your clothes to live within your means, borrow as little as possible and borrow short money. This is the only feasible way.

In addition, I'll tell you another place to pay attention to. You can apply to the bank for early repayment of the loan for every ten thousand yuan.

I hope my answer can help you and be adopted at the same time.

Question 4: How to repay the loan in advance? The most cost-effective question about how to repay the loan in advance. Insiders said, "The citizens choose to repay the loan in advance mainly to reduce interest. In the first few years of the loan, the amount of principal is generally large, so the interest is also high. Therefore, it is recommended to pay more in the first few years of the loan, so that the total loan amount will be reduced and the interest burden will be reduced accordingly. " At the same time, the person also said that if the lender has spare money and no good investment direction, it is recommended to choose a mortgage to repay in advance, which can save a sum of interest; If the lender has a good investment and can get more return on investment, it may as well make good use of this loan. As for prepayment of mortgage, which method is the most cost-effective? Professionals say that there is no most cost-effective statement, and the choice of that method depends on the specific situation of the lender. "For example, if the lender expects that the future income will increase substantially, he can choose to increase the monthly payment and squeeze the term." You need to make an appointment to go through the formalities. According to reports, the lender must first sign a supplementary agreement with the bank to repay the mortgage in advance. This agreement is mainly used to change the loan amount or loan term. Second, we should go through the formalities of repaying the loan in advance. To repay the loan in advance, you need to submit an application to the loan bank in advance, and the bank can go to the bank to handle the prepayment formalities only after replying. Usually the bank will reply in a month or so. Therefore, if consumers want to repay in advance, they should apply in advance so as not to delay the opportunity. Don't forget to surrender early. After the lender repays the loan in advance, the bank will issue a certificate, and the borrower will go to the mortgage department of the real estate management department to cancel the mortgage registration with the loan settlement certificate issued by the bank. In addition, after paying off all the loans in advance, the home insurance contract of the original individual housing loan was also terminated in advance. The borrower can bring the original insurance policy and the proof of paying off the loan in advance to the insurance company to refund the unexpired insurance premium.

Question 5: What is the most cost-effective way to make my mortgage? I suggest that you can choose a loan of 800,000 yuan according to your longest life. Now, whether it is a commercial loan or a provident fund, it can be repaid several times within the loan period. For example, after three years, if you have a deposit of 200,000 yuan, you can apply to the bank for early repayment. If you deposit 200,000 yuan in one lump sum, your loan amount will become 600,000 yuan, and the interest after that will be calculated according to 600,000 yuan. Ten years later, you still have 400 thousand. If you apply again, your loan interest will be 20.

Question 6: When is the most cost-effective time to repay the mortgage in advance? how much is it? If you have extra money, you should repay the mortgage as soon as possible. Interest is calculated at compound interest. Gary earns interest for the bank every day. Banks benefit from the difference between customers' deposit interest and loan repayment interest. The amount to be repaid shall be calculated by the lending bank. You should inform the bank three days to one week in advance that you want to repay the full amount and give a definite date. For example, if you inform the bank today that you are going to return it to the bank on February 17, the balance will be calculated today. If the amount is different after February 17, it must be recalculated.

Question 7: How to repay the mortgage in advance, and which loan method is cost-effective? 1 First of all, it depends on the terms of the loan and repayment agreement signed between you and the bank. It depends on how you specifically agreed with the bank.

2. Shorten the repayment period: Banks generally do not agree to shorten the repayment period. If so, it depends on how you negotiate with the bank.

3. The repayment method of average capital will definitely be adopted. But this way, the early repayment pressure is great, if the income is not very high and stable, it is best not to use it.

4. Interest difference:

20/kloc-end of 0/3: after repayment of 654.38+10,000 yuan.

The difference between the two: more than 32,000 yuan, roughly like this. The interest of equal principal and interest is high.

Question 8: Which is more cost-effective to repay the principal and interest of the house loan first? Hello, the choice of repayment method actually depends on your actual situation. According to the actual situation of different customers, the appropriate repayment methods are different. By comparing the monthly repayment amount and the final repayment interest of the two repayment methods, that is, the equal repayment method fixes the monthly repayment amount in advance under the condition that the interest rate remains unchanged, which is convenient for you to remember. The repayment method in the average capital is to divide your loan principal into equal parts within the loan period, and the loan principal returned every month is the same. Because the monthly repayment interest is calculated according to the loan principal, the repayment method in the average capital requires the customer's repayment ability at first, and the initial repayment pressure will be greater, but the monthly payment will decrease month by month, and the repayment pressure will be relatively smaller and smaller. At the same time, under the condition of constant interest rate, the interest paid by equal repayment method will be higher than that paid by average capital repayment method.

Question 9: What is the most cost-effective way to buy a house with a loan? If you want to calculate the interest, please refer to the method: log in to our homepage and click "Financial Calculator"-"Personal Loan Calculator" to calculate. (You can view information such as monthly payment, monthly principal, monthly interest, principal balance, total interest and total repayment).

Question 10: How can the loan be cost-effective? First of all, I tell you that your loan can't be paid off in one lump sum for more than one year, but you need to pay it back every month during the loan period. The relatively cost-effective method is the average capital method, and the interest will be less. However, this repayment method is becoming less and less, that is, the repayment pressure of loans begins to be large and the later period is small.

Taking the loan amount of RMB 6,543,800+0.6 million, the loan term of RMB 654.38+0.5 years and the repayment of the same principal as an example, the repayment list calculated at the current preferential interest rate (applicable to the first suite) is as follows:

Total accumulated repayment: 240,303.58 yuan, interest paid: 80,303.58 yuan, interest payable per installment: RMB floating annual interest rate: 6.6550%.

Repaying principal and interest by installments; Repayment amount of remaining principal after current repayment.

1888.89887.33 159, 1 1 1. 1 1 1,776.22

2888.89882.40 158,222.22 1,77 1.29

3888.89877.47 157,333.33 1,766.36

4888.89872.54 156,444.44 1,76 1.43

5888.89867.6 1 155,555.55 1,756.50

6888.89862.69 154,666.66 1,75 1.58

7888.89857.76 153,777.77 1,746.65

8888.89852.83 152,888.88 1,74 1.72

9888.89847.90 15 1,999.99 1,736.79

10888.89842.97 15 1, 1 1 1. 10 1,73 1.86

1 1888.89838.04 150,222.2 1 1,726.93

12888.89833. 1 1 149,333.32 1,722.00

13888.89828. 18 148,444.43 1,7 17.07

14888.89823.25 147,555.54 1,7 12. 14

15888.898 18.32 146,666.65 1,707.2 1

16888.898 13.39 145,777.76 1,702.28

17888.89808.46 144,888.87 1,697.35

18888.89803.53 143,999.98 1,692.42

19888.89798.60 143, 1 1 1.09 1,687.49

20888.89793.67 142,222.20 1,682.56

2 1888.89788.74 14 1,333.3 1 1,677.63

22888.89783.8 1 140,444.42 1,672.70

23888.89778.88 139,555.53 1,667.77

24888.89773.95 138,666.64 1,662.84

25888.89 ......

How to calculate the loan interest?

The calculation formula of loan interest is loan interest = principal x time x interest rate.

Loan interest refers to the reward that the lender gets from the borrower for issuing monetary funds, and it is also the price that the borrower must pay for using the funds.

Bank loan interest rate refers to the ratio of interest amount to principal amount during the loan period. The interest rate of loan contracts with banks and other financial institutions as lenders can only be determined through consultation within the upper and lower interest rate limits stipulated by the People's Bank of China.

If the loan interest rate is high, the repayment amount of the borrower will increase after the loan term, otherwise it will decrease.

There are three factors that determine loan interest: loan amount, loan term and loan interest rate.

The difference between equal principal and interest and equal principal and interest

The concept is different: equal principal and interest are evenly distributed to each month; The matching of principal and interest means that the borrower repays the loan with the same amount every month, with more interest expenses in the early stage and less principal expenses, but this situation will reverse with the passage of time.

The total interest expense is different: suppose the loan is 65,438+10,000, the term is 2 years, and the annual interest rate is 5.6%. If the repayment is made at the same interest rate, the total interest expense of the borrower is:10000025.6% =11200 (yuan); If the principal and interest are repaid in equal amount, the total interest expenditure of the borrower is 5937.42 yuan.

The proportion of principal and interest for equal interest monthly repayment is the same. Assuming that the loan is 1.20,000, the interest is 30,000, and the term is 1.2 months, then your monthly repayment amount is1.200/1.2360/1.2 =1.00.

Extended data:

Matching the principal and interest is to spread the loan principal and interest evenly to each month; The matching of principal and interest means that the borrower repays the loan with the same amount every month, with more interest expenses in the early stage and less principal expenses, but this situation will reverse with the passage of time.

Matching principal and interest is the repayment method of mortgage; However, equal interest is a popular repayment method for consumer loans, which is actually a repayment method by credit card installment. Although the repayment amount of each installment is the same, the essence is different. Credit card installment, monthly increase of average capital A plus equal interest B, equal principal and interest is the process of principal A increasing and interest B decreasing.