The biggest advantage of fixed-rate mortgage loan is that the interest rate does not change with prices or other factors, but the fixed interest rate is usually higher than the benchmark interest rate by a certain percentage point, because they are the risk that the borrower locks in the interest rate in advance.

2. Repay the same principal.

Repaying the same principal amount, the borrower will bear more burden every month when he starts to repay the loan. However, with the passage of repayment time, the repayment burden will be gradually reduced, and the final total interest expenditure will be reduced.

3. Equal repayment of principal and interest.

Matching principal and interest repayment means that the borrower's monthly repayment amount remains unchanged. Because the monthly payment is the same, the borrower can arrange the income and expenditure conveniently.

4. Free repayment of provident fund

Free repayment is a unique repayment method of provident fund loans. Compared with the traditional repayment of equal principal and interest or equal principal, the free repayment of provident fund is more flexible.

Extended data:

Mortgage, also known as house mortgage. Mortgage means that the buyer fills in the mortgage loan application form to the bank and provides legal documents such as ID card, income certificate, house sales contract and guarantee letter. The bank promises to grant loans to the buyer after passing the examination, and handle the notarization of real estate mortgage registration according to the house sales contract provided by the buyer and the mortgage loan contract concluded between the bank and the buyer. The bank directly transfers the loan funds to the seller's account within the time limit stipulated in the contract.

20165438+the latest survey data of 2003124 October shows that according to the sample data of 10,1-132

2065438+June 2008, Beijing Industrial Bank has outlets to raise the interest rate of the first home loan by 30% compared with the benchmark interest rate. The staff of a branch in Chaoyang District of Industrial Bank said that the current notice of the branch is that the interest rate of the first home loan will rise by 10% on the basis of the benchmark probability. "The interest rates of other outlets are unclear.