1. If the mortgage loan is repaid in full in advance, there is no need to pay off part of the interest in advance, but a penalty (handling fee) of 1% is required;

2. Partial prepayment. The prepayment part does not need to bear interest, but only needs a penalty of 1%, and the remaining loan interest is recalculated.

3. If it is a credit card prepayment, the handling fee will still be deducted, so prepayment is not recommended.

Extended information:

20 13 Calculation Method of Housing Mortgage Loan

Which is the cheapest bank housing loan? My answer is that no one saves money, mainly to see which repayment method is more suitable for you.

Now more and more young people will buy houses. If they need commercial loans, the latest mortgage calculator 20 13 has become a compulsory course for buyers. However, many buyers still don't know how to use the mortgage calculator. Commercial housing mortgage loan calculator Do you know that the interest rate of personal housing loan is much lower than that of ordinary loans? Is it cost-effective to repay the loan in advance?

At present, the latest housing loan calculator provided by this website also provides two repayment methods: average capital repayment method and equal principal and interest repayment method. When using, you only need to choose the corresponding loan method, fill in the corresponding loan amount, choose the loan term and choose your own repayment method.

The monthly mortgage payment can be calculated according to the latest loan interest rate. After the calculation of mortgage calculator is completed, you can also view the detailed repayment information.

According to the comparison between the average capital repayment method and the matching principal and interest repayment method, the most suitable repayment method can be selected. If necessary, you can also modify the annual interest rate according to the actual situation.

When applying for a mortgage loan, the buyer must sign the relevant mortgage loan contract with the bank. One of the important clauses in the contract is the agreed interest rate clause.

Mortgage contracts are mainly divided into monthly interest rate adjustment and annual interest rate adjustment. Monthly interest rate adjustment is to implement the new interest rate standard from the next month after the central bank's benchmark interest rate changes; Annual interest rate adjustment refers to the implementation of the new interest rate standard on New Year's Day next year after the change of the benchmark interest rate of the central bank.

1 10,000 loan for 20 years, and the monthly payment decreased by 297.83 yuan. If oral calculation is troublesome, you can easily solve your problem by using the latest housing loan calculator version 20 13.

Due to different loan interest rates and different preferential discounts, the actual reduced monthly supply will be different. Calculated an account with the latest mortgage calculator. If the loan is 6,543,800 yuan and the loan term is 20 years, the repayment method of equal principal and interest will be adopted.

If you enjoy the benchmark interest rate, the monthly payment is now 7783.03 yuan (the interest rate before adjustment is 7.05%), and from next month, the monthly payment will be reduced to 7485.20 yuan (the adjusted interest rate is 6.55%), that is, 297.83 yuan per month.

Is it worthwhile to prepay now?

At present, the annual interest rate of mortgage loans over five years is 6.55%, which is 4.585% after 30% discount; The corresponding five-year deposit has an annual interest rate of 4.75%, and the deposit and loan interest rates are upside down. Therefore, if you use the latest mortgage calculator to calculate, it is not cost-effective to repay in advance.

Experts remind everyone that many old mortgage customers have consulted about the change of monthly supply, and some customers have calculated it themselves. However, before figuring out the repayment amount, the customer had better make repayment according to the previous amount, so as to avoid the insufficient repayment amount and affect the personal credit record.

How to repay the housing loan cost-effectively?

The best way to repay the mortgage loan is to pay the minimum down payment for the first suite, use the largest leveraged loan, choose the 30-year equal principal and interest method, refuse to repay in advance, and accumulate funds to improve the investment opportunities for the second suite. Then, as a family financial management, you should usually reserve some assets that can be realized quickly in the form of cash, stocks and wealth management products.

If your bank account manager tells you that he is willing to provide you with a 6-month installment loan at the handling fee rate of 3%, if you convert it into 12 months, and then double it to 12%, then you will get 6%, that is to say, the account manager intends to lend you some money at the loan interest rate of 12%, so

You may not need to pay by credit card in installments, but the car loan is calculated according to the handling fee. At this time, the calculation method is exactly the same, and the real interest rate of car loan is twice the nominal handling fee.

For your provident fund loan, the first loan is based on the maximum loan amount, and the second repayment is based on the principle of not leaving a penny in the provident fund account, so try to repay in advance. Finally, credit card installment is not necessarily fraudulent, but when you use credit card installment as a family financial plan, please remember that the money you borrow is not a nominal fee, and the real interest rate should be doubled. Use this real interest rate to make your family financial plan.

Maybe it can only save you 1% of the money every year, but after three to five years, this is not a small amount because of the huge base and millions of loans, and you are proficient in financial management, and you and your peers have slowly opened a big gap.

I want to borrow money to buy a house, but I don't know which repayment method is the most suitable and the interest is the least.

Category: residential house purchase and family house purchase

Analysis:

Less interest is the repayment of average capital.

At present, the repayment methods of bank personal housing loans mainly include equal principal and interest and average capital. Matching principal and interest repayment method repays the loan principal and interest in equal amount every month, with the interest decreasing month by month and the principal increasing month by month; In the average capital, the repayment amount is decreasing, the principal remains unchanged in the monthly repayment, and the interest decreases month by month.

The main difference between the two is that the former has the same repayment amount in each installment, that is, the total amount of monthly principal plus interest is the same, and the repayment pressure of customers is balanced, but the interest burden is relatively large; The latter is also known as the "diminishing repayment method". The monthly principal is the same but the interest is different. The early repayment pressure is great, but the future repayment amount is gradually reduced, and the total interest burden is less.

Now, almost all people who know these two ways think that it is cost-effective to choose average capital, because choosing equal principal and interest pays more principal and interest, while average capital pays less interest, and they think that once the loan is repaid in advance, they will find that most of the repayment of equal principal and interest is interest, not principal, so they will feel great losses.

Generally speaking, "equal principal and interest" will pay more interest than "decreasing repayment". Based on a 20-year loan of 65,438+10,000 yuan, the former will pay more interest in 800 yuan than the latter. If the loan is 400,000 yuan for 20 years, the extra interest of 800× 40 = 32,000 yuan will be paid. It seems that banks overcharge interest, but in fact, with the reduction of principal, the average capital repayment method can speed up repayment, withdraw funds as soon as possible, reduce operational risks and help prevent risks.

In practice, matching principal and interest is more beneficial for customers to master and repay. In fact, many customers prefer to choose "equal repayment method" after comparison, because the monthly repayment amount of this method is fixed, which is convenient for customers to remember and the repayment pressure is balanced, which is not much different from the repayment pressure of average capital. Because these customers also see that the use value of funds varies with time, simply put, the repayment method of equal principal and interest will naturally pay more interest because it occupies the principal of the bank for a long time; With the reduction of principal, the repayment method of average capital occupies the principal of the bank for a short time, and the interest naturally decreases, so there is no problem that the bank earns more interest while suffering losses.

The two loan methods are essentially the same, and there is no distinction between advantages and disadvantages. Only when the needs are different will there be different choices.

Because the repayment pressure of matching principal and interest is balanced, but more interest needs to be paid, it is suitable for people with certain savings, but their income may be flat or declining, and their living burden is increasing day by day, and there is no early repayment plan.

As for the repayment method in average capital, because the lender can repay the principal quickly, the interest can be paid less, but the early repayment amount is larger, so it is more favorable for people with higher income at present, or people whose income is expected to increase greatly in the near future, and those who are prepared to repay in advance.

The latest news is:

Mortgage loans usually have two repayment methods: equal principal and interest and average capital. However, the "big loser" who borrowed the mortgage from China Construction Bank will have two new repayment methods to choose from: equal increase and equal decrease, in which the equal decrease can pay less interest than the original two methods.

CCB provides four flexible repayment methods for personal mortgage customers, which is the first in China.

The reporter learned from the real estate credit department of the head office of China Construction Bank that CCB will launch these two new repayment methods nationwide, but due to the actual operation of the computer system, it is impossible to achieve national synchronization. At present, Beijing has begun to implement it, and Shanghai will soon be able to handle it, but there is no clear timetable. In addition, customers who are about to apply, are applying or have completed and repaid can choose a new repayment method.

According to reports, the repayment methods of "equal increase" and "equal decrease" mean that "negative Weng" can agree with the bank to increase or decrease the repayment interval and amount, repay at a fixed amount in the initial period, and then repay monthly according to the interval and the corresponding increase or decrease amount, in which the interval is at least 1 month.

Take the commercial mortgage loan with a total amount of 300,000 yuan and a term of 20 years as an example. If the agreed interval is 5 months and the decreasing amount is 30 yuan, according to the current interest rate level, the method of "equal decreasing amount" can pay 365,438+0,065,438+08 yuan less interest than the method of "equal principal and interest" and 65,438+0,346 yuan less interest than the method of equal principal repayment.

The biggest feature of these two new repayment methods is that the "negative person" can flexibly adjust the range or progressive amount according to the change of his repayment ability, thus alleviating the economic pressure or paying less total interest in a specific period. For example, if your income increases in a certain period of time, you can increase the progressive amount and shorten the interval, so that the installment payment will increase and the total interest will be paid less; If your income level drops, you can reduce the progressive amount and shorten the interval, so that the installment payment will be reduced and the repayment pressure will naturally be lighter.

How is the mortgage still appropriate?

Repayment after applying for a housing loan should be comprehensively considered from several aspects:

1. Repayment method: People with strong repayment ability can choose to repay the principal in equal amount. There are two common repayment methods of mortgage loans, average capital and equal principal and interest. At the beginning, the repayment pressure of average capital is great, but with the passage of time, the mortgage burden is gradually reduced; The monthly repayment amount of equal principal and interest remains unchanged, but generally speaking, it pays a lot more interest than the repayment of equal principal, so choosing the repayment of equal principal can save more interest. However, the average capital repayment method is more suitable for people with higher income and stronger repayment ability, and buyers should choose according to their own economic situation.

2. Loan method: skillfully use the interest rate of provident fund. If the term is more than 5 years, the benchmark interest rate for provident fund loans is 3.25%, and the benchmark interest rate for commercial loans is 4.90%. The interest rate of provident fund is lower than that of commercial loans. Under the same conditions, it means that the interest and monthly payment paid by the provident fund will be less, which will save the cost of buying a house. In addition, the amount of provident fund loans is not enough, so we can choose the optimal combination principle of portfolio loans and portfolio loans. We should issue provident fund loans as much as possible and commercial loans as little as possible.

3. Loan interest: Give due consideration to repaying the loan in advance. The average capital repayment method was chosen, and less than one-third of the mortgage was repaid, and less than half of the mortgage was repaid by the equal principal and interest repayment method. If the central bank raises interest rates, you can consider repaying the loan in advance, which is also a way to save interest.

4. Loan interest rate: choose a bank loan with favorable interest rate. Different banks have different preferential interest rates for mortgage loans. If you choose a bank loan with low interest rate, you can enjoy the benefits of saving interest brought by low interest rate. However, the bank interest rates recommended by real estate and intermediaries are not necessarily favorable. Property buyers can check the real-time bank interest rate and choose the loan bank that suits them.

Extended data:

What are the conditions for buying a house loan?

The conditions for buying a house loan mainly include: a natural person with full civil capacity, and the actual age of the loan due date is generally not more than 65 years old; The borrower has a stable occupation and income, good credit and the ability to repay the principal and interest of the loan; The loan amount is determined according to the borrower's credit status, occupation, repayment ability and the liquidity of the purchased house; Letter of intent for the purchase contract or other certificates required by the loan bank.