1, partial prepayment, and the monthly repayment amount of the remaining loans remains unchanged, shortening the repayment period and saving more interest.

2. Partial prepayment, the monthly repayment amount of the remaining loan is reduced, and the repayment period remains unchanged. This way can reduce the monthly payment burden, but there is no second repayment method to save money. Huzi

3. Partial prepayment will reduce the monthly repayment amount of the remaining loans, shorten the repayment period and save more interest.

4. The total principal of the remaining loans remains unchanged, but the repayment period is shortened. This method will increase the monthly payment burden, but it can reduce some interest, which is slightly uneconomical compared with other repayment methods.

If the mortgage is repaid in advance, the loan interest rate will not change. The interest rate will not change after the mortgage is repaid in advance. Accurately speaking, the change of mortgage interest rate is not affected by customer repayment, but mainly depends on bank regulations and contract terms. If the customer's mortgage is a fixed interest rate, then no matter how the customer repays, the mortgage interest rate will remain unchanged throughout the repayment period; If the mortgage is implemented with a floating interest rate policy, such as commercial loans, it will mainly change after recalculation on the repricing date.

2. A commercial loan of 260,000 yuan, to be repaid in advance. Which is more economical, a 30-year loan or a 20-year loan?

It must be a good deal to borrow it for 20 years.

Third, which way is better to repay the loan in advance?

Sorry, the bank can't let you change the repayment method, so don't think about it.

Moreover, it is meaningless for the average capital to repay the principal and interest in advance compared with the same amount, because the rest of the average capital is the principal, and it is meaningless to withdraw it in advance, unlike too much principal and interest.

Fourth, the best scheme for prepayment of mortgage?

One-time repayment

If the buyer chooses to prepay in one lump sum and pay off all the mortgage principal, it is recommended to apply for prepayment after 2 years of repayment. Because most banks have regulations, if the buyers choose to repay the loan in advance, if the repayment period is less than 2 years, they need to charge a penalty of about 3% or a handling fee.

If the buyers choose to repay the loan in advance after the expiration of two years, many procedures can be saved.

Repay part of the loan

If the buyer still has more than half of the principal outstanding, it is more cost-effective to choose to repay the loan in advance, because it can reduce a lot of interest. However, if the mortgage principal of the buyers has been repaid a lot, there is no need to choose to repay the loan in advance, because the basic repayment of the buyers behind is interest. After prepayment, shortening the loan life will save more interest than not shortening the loan life.

Average capital

Average capital's repayment method, that is, in addition to the part of the average capital, but also to return all the remaining currency interest. But as your repayment time goes backwards, you pay less and less interest. According to experts' calculation, when you repay 65438+ 0/4 of the total repayment period, prepayment is the most cost-effective.

For example, the loan principal is 800,000 yuan, the loan term is 20 years, the annual interest rate is 5%, and 400,000 yuan will be repaid in advance at the end of the second year. The remaining term of the loan is 2 16. After that, the repayment will be made by shortening the service life and not shortening the service life.

The remaining loan principal at the end of the second year is 720,000.00 yuan. After paying 400,000 yuan in advance, the remaining principal is 320,000 yuan.

Yuan. The monthly payment in the last month before prepayment is 6347.22 yuan.

If the number of years is shortened, the monthly payment in the future will be closest to 6347.22 yuan. The most likely scheme is to shorten the remaining loan term from 2 16 to 64, and increase the first month repayment by 6,333.33 yuan. In this way, the total interest payable is 43,333.33 yuan.

If the service life is not shortened, the remaining principal of 320,000.00 yuan needs to be paid off in 265,438+06 installments. The first monthly payment is 2,865,438+04.865,438+0 yuan, and the total interest payable is 65,438+044,666.67 yuan.

If the fixed number of years is not shortened, pay more interest =144666.67-43333.33 =10/333.34 yuan.

Average capital plus interest

If the principal and interest are repaid in equal amount, the repayment time has reached 1/3 of the loan term, and half of the interest has been repaid at this time. If you want to repay in advance, you must hurry. If the repayment of equal principal and interest reaches the medium term, most of the interest has been paid off at this time, and more will be the principal in the future. Early repayment is of little significance.

For example, under the same conditions, the loan amount is 800,000.

The remaining loan principal at the end of the second year is 750,980.33 yuan. After prepayment of 400,000 yuan, the remaining principal is 350,980.33 yuan. The monthly payment before prepayment is 5279.65 yuan.

If the number of years is shortened, the monthly payment in the future will be closest to 5279.65 yuan. The most likely scheme is to shorten the remaining loan period from 2 16 to 78, and pay 5279.78 yuan for the new moon. In this way, the total interest payable is 60842.55 yuan.

If the service life is not shortened, the remaining principal of 350,980.33 yuan needs to be paid off in 265,438+06 installments, with the monthly payment of 2,467.5 yuan1yuan and the total interest payable of 65,438+082,006,5438+0.95 yuan.

If the service life is not shortened, pay more interest =182001.95-60842.55 =12159.40 yuan.

Pay attention to the requirements of the bank

If buyers don't want to repay in advance, they must know the requirements of the bank. For example, many banks have a certain number of years and amount requirements for prepayment, and even charge a certain penalty, some of which are charged according to the interest for several months, and some are charged directly according to the loan ratio.

When applying for prepayment, buyers should also consult the bank in advance to see how long it takes to apply in advance and what materials need to be prepared. After the loan is paid off, buyers should also remember to go through the formalities of mortgage.

Many banks need to repay for more than one year before they can repay in advance, and generally have three large repayment opportunities.

Of course, the repayment details of different banks are different. Some banks have to pay a large amount of liquidated damages if they repay in advance. At the beginning, the loan contract was marked. You need to know clearly with the bank, weigh the gap between interest and liquidated damages, and then consider whether to repay in advance.