1. One-time principal and interest repayment method: At present, the bank stipulates that the loan period is within one year (including one year), so the repayment method is one-time principal and interest repayment at maturity, that is, the initial loan principal plus the interest of the whole loan period.
2. Matching principal and interest repayment method: The term of mortgage loan for individual house purchase is generally more than one year, so one of the repayment methods is matching principal and interest repayment method, that is, from the second month of using the loan, the loan principal and interest are repaid in equal amount every month.
3. Average capital repayment method: The basic algorithm principle of the average capital repayment method is to repay the loan principal in equal amount on schedule during the repayment period, and at the same time pay off the interest generated by the unpaid principal in the current period. Repayment methods can be monthly repayment and quarterly repayment. Due to the requirement of bank interest settlement practice, quarterly repayment is generally adopted.
What is a mortgage loan?
Mortgage loan, also known as "mortgage loan", refers to a loan method adopted by some national banks. The borrower is required to provide a certain amount of collateral as loan guarantee to ensure the repayment of the loan at maturity. Collateral is generally easy to preserve, not easy to wear and tear, and easy to sell, such as bills, stocks, real estate, etc.