This is the interest rate table published on the website of 21st Century Real Estate in May, 27. This table is generally used by sales staff in sales offices, depending on whether you want to do provident fund or mortgage. If it is a mortgage, just look at the right half of the table and get a loan from a commercial bank! Usage: First, select the loan term, and find "1" on the left of "Type". Look directly at the "Monthly Repayment Amount" in "Matching Principal and Interest Repayment Method", which should be 111.62, which means: the monthly repayment amount of a loan of 1, yuan for 1 years! Then you borrow 1, yuan, with 1*111.62=1116.2 yuan, and this figure is your monthly repayment amount! Matching principal and interest means that the amount of repayment is the same every month.

There is also "average capital". This repayment method is what we often say: the monthly payment is increasing or decreasing. Generally, people choose this method according to their income. The main reason for choosing to increase is that I feel that my repayment ability is small now, but I may increase my repayment ability in the future, so that the monthly payment will increase slowly every month. And decreasing is just the opposite. This table can only calculate the monthly payment for the first month.

If you choose provident fund loan, the calculation method is the same!

In addition, the interest rate on this table is the interest rate announced by the state, but every commercial bank is allowed to fluctuate a little according to this interest rate, so there may be a slight error with the monthly payment you calculated at ICBC, but it is not much different.