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Did you start to pay the monthly payment after the loan came down?
When will the monthly payment start after the mortgage is approved?

After the mortgage is approved, the monthly payment will start from next month. Of course, the monthly payment will be different from the amount calculated by the calculator when it is returned for the first time. From the appropriation date to the next month's repayment date, the interest generated in the process of repaying the principal will accumulate to the next month's repayment date, so the amount of the first repayment per month will be high.

However, from the second month, the monthly payment amount began to return to normal, and the user can return the normal repayment according to the original.

How long does it take to start repayment after mortgage?

1, the mortgage repayment is based on the borrower's loan term, as long as the loan is made, the loan will be repaid in the current month. When the mortgage is approved depends on whether the repayment has been made. If the loan is approved, we still need to wait for the release of the quota. If it is released on the 6th of this month, it will usually be deducted for the first time on the 6th of next month. Of course, it depends on the loan contract, and some banks will deduct it on the 20th.

2. Ask the bank for a mortgage contract. Generally, the bank clerk will put the contract in the sales office and inform you to get it. Generally, it will not be mailed. Unless required, please contact the bank yourself.

After the bank loan is issued, your house payment has been paid in full. Just ask the developer for an invoice. Banks will give you loan contracts and loan certificates, and some banks will also give repayment plans.

Extended data:

I. Repayment method of house purchase loan:

There are two repayment methods for housing loans with a loan term of more than one year: average capital repayment method and matching principal and interest repayment method.

1, average capital

It is to divide the total loan into equal parts during the repayment period, and repay the equal principal and interest generated by the remaining loans in the current month every month.

Monthly repayment amount = (loan principal/repayment months)+(principal-accumulated amount of repaid principal) × monthly interest rate.

Features:

Because the monthly repayment amount is fixed and the interest is getting less and less, the lender is under great pressure to repay at first, but as time goes on, the monthly repayment amount is getting less and less.

2. Equal principal and interest

During the repayment period, the same amount of loans (including principal and interest) will be repaid every month.

Monthly repayment amount = [loan principal × monthly interest rate ×( 1+ monthly interest rate )× repayment months ]≤[( 1+ monthly interest rate )× repayment months]

Features: Compared with the repayment method in average capital, the disadvantage is that there are more interests. The interest in the initial repayment period accounts for most of the monthly contributions. With the gradual return of the principal, the proportion of the principal in the contributions increases. However, the monthly repayment amount of this method is fixed, which can control the expenditure of family income in a planned way and facilitate each family to determine the repayment ability according to their own income.

Second, choose the repayment method carefully.

When signing a loan contract, you can choose the repayment method according to your actual situation to avoid default.

When will the monthly mortgage be paid back after the house loan is released?

After the house purchase loan is issued, it shall be paid monthly according to the loan contract at that time. The general loan will be paid off this month.

Repayment method:

1, equal repayment of principal and interest

The principal is gradually increasing.

The so-called matching principal and interest repayment means to repay the loan principal and interest with the same amount every month within the loan period until the loan is settled.

That is, the sum of the interest and principal repaid by the borrower every month is equal, and the ratio of interest and principal to the planned monthly repayment amount changes every time. At first, because of the large amount of principal, interest accounts for a large proportion, and the current principal payable = planned monthly repayment amount-current interest payable. With the increase of repayment times, the proportion of principal gradually increases.

2. Repayment by average capital

Interest from more to less.

Average capital repayment method refers to equal repayment of the principal every month, and the loan interest decreases month by month with the reduction of the principal until the loan is settled. That is to say, the amount of principal repaid every month is equal, and interest = current remaining principal × daily interest rate × current calendar days. The monthly repayment amount is not fixed, but decreases with the decrease of monthly principal, and the interest gradually decreases with the increase of repayment times.

Extended data

Matching principal and interest repayment method is suitable for the crowd.

Applicable people: the same amount of principal and interest is paid every month, which is more suitable for families with normal spending plans, especially young people. Economic conditions do not allow excessive investment in the early stage, so you can choose this way, such as civil servants, teachers and other groups with relatively stable income and job opportunities.

The average capital repayment method is applicable to people.

Applicable people: the average capital method is more suitable for lenders with strong repayment ability in the previous period because of the large repayment amount in the early stage and then decreasing month by month. Of course, some older people are also more suitable for this way, because their income may decrease as they grow older or retire.