2. In addition, financial institutions can provide loans of 300,000 yuan for other loans, but the credit line is approved according to the personal credit report, and the credit line cannot be guaranteed to be 300,000 yuan.
3. Pledge loan is the best way to get a loan of 300,000 yuan. The demand for mortgage loans is not so high, and the credit line of loans is also very high.
/kloc-What is the equal principal and interest for 0/0 years? In order to calculate the loan interest, the borrower must know the term and principal of the loan and the annual interest rate of the loan. Suppose the borrower submits a loan credit line of 6,543,800,000 yuan, and repays it in installments for 654.38+00 years. The repayment method of the loan is equal principal and interest, and the loan interest rate is 4.9%. According to the calculation, the annual interest is 332,246.02 yuan.
Calculation method of equal principal and interest: monthly repayment amount = [principal x monthly interest rate x( 1+ monthly interest rate) loan months ]/[( 1+ monthly interest rate) loan months-1]; Monthly loan interest = residual principal x monthly loan interest rate; Monthly repayment principal = monthly repayment amount-monthly loan interest.
If the borrower has the idea of repaying the loan in advance, it is suggested that the borrower can choose to repay the loan within 5 years after 3 years. Usually after 3 years, it is to reduce the liquidated damages of the loan contract. For financial institutions, it is illegal to repay loans in advance, and financial institutions can get less income.
In this case, many banks will require that if they choose to repay the loan in advance when the repayment period is less than three years, they need to repay part of the contract liquidated damages. Contract liquidated damages are generally about 3% of the repayment principal. Choose one repayment within 5 years because the loan amount with equal principal and interest in the early stage is all loan interest. If the borrower repays the principal in advance, the loan interest will naturally be greatly reduced, and the borrower's mortgage pressure will also be greatly reduced.