2. When buying a house: equal principal and interest repayment method, average capital repayment method and personal housing provident fund loan calculator.
3. After buying a house: advance payment calculator and tax calculator.
Operating steps of mortgage calculator Step 1: First, choose whether your repayment method is average capital or equal principal and interest, and fill in the commercial loan term, loan amount and actual loan interest rate;
Step 2: Select whether to display repayment details, and click "Calculate" to get detailed information such as monthly repayment amount, total loan interest, total repayment amount, etc.
point out
1. Commercial loans are loans used to supplement the working capital of industrial and commercial enterprises. Generally, they are short-term loans, usually 9 months, and no more than one year at most, but there are also a few medium-and long-term loans. This kind of loan is the main part of commercial bank loans, generally accounting for more than one-third of the total loans.
2. Calculate the monthly payment, total interest and total repayment of commercial loans when choosing the repayment method of average capital and equal principal and interest.
The calculation formula of mortgage repayment is 1, and the repayment method of equal principal and interest is:
Monthly loan amount = [loan principal × monthly interest rate ×( 1+ monthly interest rate )× repayment months ]=[( 1+ monthly interest rate )× repayment months]
Monthly interest payable = loan principal × monthly interest rate ×[( 1+ monthly interest rate) repayment months -( 1+ monthly interest rate) (repayment month serial number-1)] ÷ [(1+monthly interest rate) repayment months -650.
Monthly repayment principal = loan principal × monthly interest rate ×( 1+ monthly interest rate) ÷ (repayment month serial number-1)÷[( 1+ monthly interest rate) repayment months-1]
Total interest = repayment months × monthly repayment amount-loan principal
2, the average capital repayment method:
Monthly payment = (loan principal ÷ repayment months)+(loan principal-accumulated repaid principal) × monthly interest rate.
Monthly repayable principal = loan principal ÷ repayment months
Monthly interest payable = residual principal × monthly interest rate = (loan principal-accumulated principal repayment) × monthly interest rate
Monthly decreasing amount = monthly repayable principal × monthly interest rate = loan principal ÷ repayment months × monthly interest rate.
Total interest = [(total loan ÷ repayment months+total loan × monthly interest rate)+total loan ÷ repayment months ×( 1+ monthly interest rate) ]> 2× repayment months-total loan.
Monthly interest rate = annual interest rate12
If you pay off the mortgage in advance, you don't have to pay back the interest afterwards; In case of partial prepayment, the interest on the remaining loan will be recalculated, but the prepayment will require a prepayment penalty (or handling fee) of about 1%.
3. Interest calculation formula for prepayment of loan
Remaining loan principal × [(prepayment date-days of final deduction date) ]× daily interest rate (daily interest rate = annual interest rate ÷360). Among them, the number of days is calculated by counting the head and not counting the tail or counting the tail. The interest of one-time mortgage settlement is usually equal to the remaining principal plus interest.
Is there a handling fee for prepayment? State-owned banks, such as ICBC, China Agricultural Bank, China Construction Bank and Li Jiao Bank of Communications, do not charge fees for prepayment. ICBC needs to charge 2-3 months' interest as fees, while other banks need to charge 1 month's interest. Among them, the Agricultural Bank of China charges one month's interest for the early repayment of loans within three years, and no fees will be charged after three years.
Most joint-stock banks say they don't charge fees. However, Shanghai Pudong Development Bank said that if repayment is made two years in advance, a handling fee of 3% of the repayment amount will be charged, and no handling fee will be charged after two years.