Housing loan calculation is divided into two ways.

1. Calculation principle of equal principal and interest formula:

In the monthly payment, the bank collects interest first and then the principal; The interest ratio decreases due to the decrease, and the principal ratio increases due to the increase, but the total monthly contribution remains unchanged.

2. Calculation formula of average capital:

Monthly repayment amount = monthly principal = monthly principal/repayment months = monthly principal = (principal-accumulated repayment amount) x monthly interest rate.

legal ground

Interim Measures for the Administration of Personal Loans

Article 1 In order to standardize the personal loan business of banking financial institutions, strengthen the prudent management of personal loan business and promote the healthy development of personal loan business, these Measures are formulated in accordance with the Banking Supervision Law of the People's Republic of China, the People's Republic of China (PRC) Commercial Bank Law and other laws and regulations.

Article 2 People's Republic of China (PRC) and banking financial institutions established in China with the approval of China Banking Regulatory Commission (hereinafter referred to as lenders) shall abide by these Measures when engaging in personal loan business.

Article 3 The term "personal loan" as mentioned in these Measures refers to the principal loan granted by the lender to qualified natural persons for personal consumption, production and operation.

Article 4 Personal loans shall follow the principles of compliance with laws and regulations, prudent operation, equality, voluntariness, fairness and good faith.

Article 5 Lenders shall establish an effective whole-process management mechanism for personal loans, formulate loan management systems and operating procedures for each loan type, define the corresponding loan objects and scope, implement differentiated risk management, and establish an assessment and accountability mechanism for each operation link of loans.

How to calculate the interest on the house loan?

Algorithm:

I. Calculation formula of equal principal repayment:

Monthly repayment amount = monthly interest rate of principal [(65438+ 10 monthly interest rate) n/[(65438+ 10 monthly interest rate) n-1]; Where n represents the number of months of loan, and n represents the power of n, such as 240, representing the power of 240 (20 years and 240 months of loan); Monthly interest rate = annual interest rate/12; Total interest = monthly repayment amount-loan months-principal

Two, the calculation formula of equal principal and interest repayment:

Monthly repayment amount = principal /n monthly interest rate of remaining principal; Total interest = monthly interest rate of principal (loan months /20.5)

Introduction to loan interest:

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.

First, mortgage loan down payment: If you are a first-time buyer, the bank usually requires a down payment of 30% of the house price; If you buy a second suite, the down payment ratio is relatively high, and the specific standards should refer to the prevailing standards in your city.

2. Bank loan interest rate: the annual interest rate of interest rate items (%). If you need to estimate some daily interest when making a loan, you can convert it into daily interest rate with annual interest rate /365.

3. Loans within six months (including six months) 4.86; Loans from half a year to one year (including 1 year) 5.31; One to three years (including three years) loan 5.40; Loan for three to five years (including five years) 5.76; Loans for more than five years.

Reference link: Baidu Encyclopedia: loan interest

How to calculate the interest on housing loan?

How to calculate the repayment amount of the loan to buy a house? At this time, it is necessary to know the interest rate of the house loan, which will directly determine the total amount of the house purchase. As a property buyer, it will cost a lot less to know and be familiar with the national loan interest rate policy in time and be able to fully compare and measure it. Briefly introduce the calculation method of housing loan interest rate, so that buyers can have a basic understanding of housing loan interest rate.

1, introduction of loan interest rate algorithm

The loan interest rate directly determines the profit distribution ratio between banks and borrowers, thus affecting the economic interests of both borrowers and borrowers. The loan interest rate varies with the type and duration of the loan, which is closely related to the scarcity of borrowing funds.

The loan interest rate within one year (including one year) is 5.60%; The interest rate for one year to five years (including five years) is 6.00%; More than five years is 6. 15%. The interest rate of housing provident fund loans is 3.75% for less than five years (including five years) and 4.25% for more than five years. Without the intervention of the central bank, the bank loan interest rate of 20 15 should be based on this provision. 1, 20 15, 5.9% in loan prime rate, a commercial house buyer in five years (the fluctuation degree of loan interest rate varies from bank to individual, subject to the contract).

The People's Bank of China has made it clear that the benchmark interest rates for RMB loans and deposits will be lowered from March 20 15/day. The benchmark interest rate for one-year loans of financial institutions was lowered by 0.25 percentage points to 5.35%; The benchmark interest rate for one-year deposits was lowered by 0.25 percentage points to 2.5%. At the same time, combined with the interest rate marketization reform, the upper limit of the floating range of deposit interest rates of financial institutions was adjusted from 1.2 times to 1.3 times the benchmark interest rate for deposits. The benchmark deposit and loan interest rates of other grades and the deposit and loan interest rates of individual housing provident fund are adjusted accordingly.

The interest rate of bank housing loan is managed by the People's Bank of China, which refers to the ratio of interest to principal during the loan period. The interest rate in China is approved by the State Council and implemented by the People's Bank of China.

2. Interest rate of provident fund loans

According to the Notice on Raising the Benchmark Interest Rate of RMB Deposits and Loans issued by the People's Bank of China (Yinfa [201]169), the relevant matters concerning the adjustment of the deposit and loan interest rate of housing provident fund are hereby notified as follows:

(1)20 1 1 From July 7, 2007, the deposit interest rate of individual housing provident fund carried over from the previous year was raised by 0.25 percentage points, from 2.85% to 3.10%; In that year, the deposit interest rate of individual housing provident fund remained unchanged.

(2) From July 7, 2065438+01,the interest rate of individual housing provident fund loans will be raised. The interest rate of individual housing provident fund loans for more than five years was raised by 0.20 percentage points, from 4.70% to 4.90%; The interest rate of individual housing provident fund loans for five years or less was raised by 0.25 percentage points, from 4.20% to 4.45%.

(3) From July 7, 2011,the loan interest rate of the pilot cities will increase by 10% according to the loan interest rate of individual housing provident fund for more than five years.

(The above answers were published on 20 16-07-05. Please refer to the actual situation for the current purchase policy. )

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