1. How to calculate the reduction of the monthly repayment amount of partial early mortgage repayment?
the total interest of shortening the fixed number of years is lower. I suggest shortening the fixed number of years. Because the mortgage is based on the principal balance, the less loans left, the less interest should be paid in each period, and the less the number of remaining periods, the less the total interest.
The method of shortening the fixed number of years reduces the principal more than the method of reducing the repayment amount of each installment, so the balance at the future time point is less than that of reducing the repayment amount of each installment, and the interest to be repaid in the future is also less; At the same time, there are fewer remaining installments, and the total interest will be less than the way of reducing the repayment amount of each installment.
To put it bluntly, under the repayment method of average capital, the repayment amount of each installment is reduced by 12, 119, 118. ，12，11。
the number of years shortened: 22, 218,? ，24，22。 It can be seen that the total interest difference between the two methods is nearly 1 time. Of course, if the subject has good investment channels and the interest rate is higher than the mortgage interest rate, that is another matter.
second, the repayment of the equal principal of the Bank of China's mortgage loan is more than the repayment of the monthly principal in advance ...
Under normal circumstances, when the equal principal is repaid, the monthly principal should be the same.
However, because your remaining repayment months (divisor) have not changed, and your remaining principal (dividend) has decreased, the monthly principal (quotient) will become smaller.
Third, the monthly mortgage repayment of China Bank has decreased. If you apply for a personal commercial housing loan of Bank of China,
1. You can log in to the personal online bank and check the loan status, contract, remaining repayment plan, quota details, overdue information, etc. through "loan management-loan energy".
2. You can log in to mobile banking, and click "Home-Loan-My Loan (or search for" My Loan "directly on the home page)"-Select the corresponding loan-enter the loan details page and click "On the top right corner to inquire about the loan situation.
you can query the remaining installments, repayment date, amount to be repaid, principal to be repaid, interest to be repaid and other information of the selected loan through the remaining repayment plan function.
if you check, please inquire about the loan of Bank of China in detail.
If you have any questions, please consult the online customer service of Bank of China or download and use the mobile banking of Bank of China A
for your reference. Please refer to the actual business regulations.
Fourth, the monthly repayment of bank mortgage in China has become less
The repayment of bank mortgage in China in the first month is less than the agreed repayment amount when signing the contract, because the repayment in the first month is less than one month, and the interest is calculated in actual days, so the repayment amount is slightly less than the agreed amount.
materials to be provided for mortgage loan:
1. three copies of the applicant's and spouse's ID card and original and photocopy of the household registration (if the applicant and spouse do not belong to the same household registration, a marriage certificate shall be attached).
2. original house purchase agreement.
3. One original and one copy of the advance payment receipt for 3% or more of the house price.
4. Proof of the applicant's family income and relevant assets, including payroll, personal income tax forms, income certificates issued by the company, bank deposit certificates, etc.
5. One copy of the developer's collection account number.