How much is the average monthly mortgage loan of 400,000 yuan to be paid off in 10 years?
Use your house as mortgage to get a bank loan of 400,000 yuan, and pay it off in 10 years. What is the average monthly amount?
1. The loan interest rate for house mortgage loans is the base interest rate of 4.90, and the loan is 400,000 yuan. , if repaid in 10 years:
Total loan amount 400,000 yuan
Total repayment amount 506,771.5 yuan
Interest payment 106,771.5 yuan
Monthly loan Counting 120 months
The average monthly repayment is 4223.1 yuan
For the calculation method, you can refer to the online mortgage calculator.
2. House mortgage loan application materials:
1. Real estate certificate (in house mortgage bank loans, the real estate certificate and land certificate must be mortgaged to the bank)
2. ID card of the right holder and spouse
3. Household register of the right holder and spouse
4. Marriage certificate of the right holder (marriage certificate or unmarried certificate issued by the Civil Affairs Bureau Proof)
5. Proof of income (This certificate has a greater impact on the success of home mortgage bank loans and the maximum amount.)
6. Such as real estate certificate rights If you have minor children, please provide a birth certificate
7. If there is a bank loan in the property, please provide the original loan contract and the last bank statement
8. In order to improve the approval rate for house mortgage loans, please provide as many other proofs of the family's property as possible (such as other property certificates, stocks, funds, cash passbooks, vehicle driving licenses, etc.)
House Mortgage Bank Loan 40 RMB 10,000, how much is the monthly repayment for 10 years?
If you currently want to try out the monthly payment information for reference, please open the following link: cmbchina./CmbWebPubInfo/Cal_Loan_Per.aspx?chnl=dkjsq Try using the current loan base interest rate. Calculate the monthly payment.
If there is a China Merchants Bank in your city, you can try to apply for a loan through China Merchants Bank. The loan interest rate needs to be comprehensively priced based on the business type, credit status, guarantee method and other factors you apply for, and it needs to be approved by the branch. Sure.
What is the average monthly repayment for a loan of 0.45 for 64,000 years?
0.45 is the monthly interest rate, right?
If monthly interest rate = 0.45
Formula: monthly repayment amount = monthly interest rate of loan amount/1-(1-month interest rate)^-number of repayment months
Monthly repayment amount = 600000.45/1-(10.45)^-48=1,392.66 yuan
The annual interest rate is 5.4, and the monthly repayment is 1,392.66 yuan.
A house mortgage bank loan of RMB 150,000 will be repaid in five years. How much will the monthly repayment be?
The house mortgage loan is RMB 150,000, and the mortgage is for five years. According to the current standard of the bank's benchmark interest rate not to rise, the monthly payment is as follows:
Equal principal and interest repayment method:
Total loan amount is RMB 150,000.00
Number of repayment months: 60 months
Monthly repayment is RMB 2,847.90
Total interest paid is RMB 20,873.85
The total principal and interest is 170,873.85 yuan
Equal principal repayment:
The total loan amount is 150,000.00 yuan
The number of repayment months is 60 months
First Monthly repayment is 3156.25 yuan
Monthly decrease: 10.94 yuan
Total interest paid is 20015.63 yuan
Total principal and interest is 170015.63 yuan
Bank loan 250,000, how much interest will be paid over fifteen years, how much average monthly repayment, and how many years of repayment will it be cost-effective
Hello, if you apply for a loan with our bank, the monthly repayment amount of the loan needs to provide the following elements for calculation : The total amount, loan term, loan execution interest rate, and specific loan repayment method. The above information can only be determined after the loan agency has specifically reviewed your comprehensive information. If you just want to try to calculate a rough information, please open: cmbchina./CmbWebPubInfo/Cal_Loan_Per.aspx?chnl=dkjsqUse the financial calculator to make a trial calculation (the trial calculation results are for reference only). Note: The actual loan information will not be determined until the handling bank audits it. If the People's Bank of China subsequently changes the loan benchmark interest rate, the personal loan execution interest rate may also change, which may ultimately lead to a change in the monthly payment amount. Thank you for your attention and support!
How much money can be borrowed from a bank loan for house mortgage?
It depends on the purpose of the loan. If you apply for a loan at China Merchants Bank, our bank has personal consumption loans, which are issued by our bank to natural persons. Use Loans for legitimate personal or family consumption purposes such as car purchases, parking spaces, renovations, educational qualifications, bulk shopping, travel, etc. are generally secured by real estate mortgages. You need to provide your personal information and specific proof of fund use through the counter personal loan department to apply.
Generally, if commercial housing is used as collateral, the maximum mortgage rate shall not exceed 70% of the current assessed value of the property; if commercial housing is used as collateral, the maximum mortgage rate shall not exceed 60% of the assessed net value of the property or the current assessed value of the property. Value of 50. For educational purposes, the term shall not exceed 8 years (inclusive)
How to calculate the repayment of a bank loan of 200,000 yuan for a house loan in 10 years
You still have to tell us what the interest rate is. ?
Suggestion: There is a little thing called a financial calculator. Search for it and download one. As long as you know the loan amount, interest rate (usually monthly rate), term (usually calculated based on how many months), and then there are options of equal amounts of principal and interest or equal amounts of principal, you will know after trying it
Me I want to use my house to mortgage a bank loan of RMB 200,000 and pay it off in 20 years. How much is the monthly interest?
Hello, what is the purpose of your loan funds? In which city are you planning to apply? It is recommended that you can learn more about your specific situation through "Online Customer Service": forum.cmbchina./cmu/icslogin.aspx?from=Blogincmu=0. Thank you for your attention and support!
How much is the 10-year interest rate for a house mortgage loan of NT$338,000 from a bank?
The current annual interest rate for loans from 0 to 6 months (including June) announced by the People's Bank of China is 4.35, and from June to 1 year (1 year included) is 4.35, 1-3 years (3 years included) is 4.75, 3-5 years (5 years included) is 4.75, 5-30 years (30 years included) is 4.90.
If you are buying your first home, you can enjoy discounts as low as 30% off the base interest rate~
How much does it cost to pay off a house mortgage bank loan of 400,000 per month at the current interest rate in 20 years?
It is not the same as the bank Similarly, the monthly interest rate of the four major mortgage banks is around 0.6. Calculated, the monthly repayment is 3149.4
What software can calculate loan interest?
Multifunctional mortgage loan calculator 2020, bank deposit interest rate calculator, compound interest calculator 2020
Expand data
What does loan mean? The explanation is as follows:
1. The simple and popular understanding of loan is to borrow money with interest.
2. Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must be returned. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds.
Related descriptions:
1. Banks will inject concentrated currency and monetary funds through loans, which can meet the demand for supplementary funds for the expansion of social reproduction and promote economic development. At the same time, banks can also obtain loan interest income, increasing their own accumulation.
2. The "three properties" refer to safety, liquidity and efficiency, which are the fundamental principles of commercial bank loan operations. Article 4 of the "Commercial Bank Law of the People's Republic of China" stipulates: "Commercial banks take safety, liquidity, and efficiency as their operating principles, implement independent operations, bear their own risks, be responsible for their own profits and losses, and self-discipline." Loan safety It is the primary issue faced by commercial banks; liquidity refers to the ability to recover loans within a predetermined time limit or to realize cash quickly without loss to meet the needs of customers to withdraw deposits at any time; efficiency is the basis for the continued operation of banks. For example, long-term loans have higher interest rates than short-term loans, and the benefits will be good. But if the loan term is longer, the risk will increase, the safety will decrease, and the liquidity will weaken. Therefore, the "three natures" must be harmonious so that there will be no problems with loans.
Interest refers to the remuneration paid by the borrower to the lender for obtaining the right to use funds. It is the price of using funds (i.e. the loan principal) within a certain period of time. Loan interest can be calculated in detail through the loan interest calculator.
The benchmark interest rate is a universal reference rate in the financial market. Other interest rates or financial asset prices can be determined based on this benchmark interest rate. Benchmark interest rate is one of the important prerequisites for interest rate marketization. Under the conditions of interest rate liberalization, financiers measure financing costs, investors calculate investment returns, and management regulates the macroeconomy. Objectively, it requires a recognized benchmark interest rate level as a reference. Therefore, in a sense, the benchmark interest rate is the core of the formation of the interest rate marketization mechanism. To put it simply, you usually deposit your money in the bank and it will give you interest. The higher the base rate, the more interest; the lower the base rate, the lower the interest rate.
How does the bank loan calculator calculate?
1. Monthly interest rate: the interest calculated on a monthly basis. The calculation method is: monthly interest rate = annual interest rate ÷ 12 (months).
2. Daily interest rate: The daily interest rate is called the daily interest rate, and is calculated with the day as the interest calculation period. The calculation method is: daily interest rate = annual interest rate ÷ 360 (days) = monthly interest rate ÷ 30 (days).
3. Annual interest rate: interest is usually calculated annually as a percentage of the principal. The calculation method is: annual interest rate = interest ÷ principal ÷ time × 100.
4. Annualized interest rate: refers to the interest rate that discounts the product’s inherent yield to the whole year, which is quite different from the calculation method of annual interest rate. Assume that the yield period of a financial product is year A and the yield is B, then the annualized interest rate R is calculated as R=(1B)A-1.
5. Calculation formula for equal amounts of principal and interest: [Loan principal × monthly interest rate × (1-month interest rate) number of repayment months] ÷ number of repayment months [(1-month interest rate) number of repayment months - 1]
6. Calculation formula of average funds: monthly repayment amount = (loan principal ÷ number of repayment months) (principal - cumulative amount of principal repaid) × monthly interest rate.
Extended information:
Bank loan refers to a type of bank loan that lends funds to people in need at a certain interest rate in accordance with national policies and agrees to return them within a specified period. economic behavior.
Generally, a guarantee, house mortgage, or proof of income and good personal credit are required to apply.
Moreover, in different countries and in different development periods of a country, the types of loans classified according to various standards are also different. For example, industrial and commercial loans in the United States mainly include ordinary loan lines, working capital loans, standby loan commitments, project loans, etc. , and industrial and commercial loans in the UK mostly take the form of bill discounts, credit accounts and overdraft accounts.
There are different types of bank loans based on different classification standards. For example:
1. According to different repayment periods, they can be divided into short-term loans, medium-term loans and long-term loans;
2. According to different repayment methods, they can be divided into current loans , term loans and overdrafts;
3. According to the purpose or object of the loan, it can be divided into industrial and commercial loans, agricultural loans, consumer loans, securities broker loans, etc.
4. According to different loan guarantee conditions, it can be divided into bill discount loans, bill mortgage loans, commodity mortgage loans, credit loans, etc.
5. According to the loan amount, it can be divided into wholesale loans and retail loans;
6. According to the different interest rate agreement methods, it can be divided into fixed-rate loans and floating-rate loans, etc. .
Short-term loans refer to loans with a loan term within 1 year (including 1 year). Short-term loans are generally used for the borrower's working capital needs for production and operations.
The currencies of short-term loans include RMB and major convertible currencies of other countries and regions. The term of short-term working capital loans is generally about half a year, with the longest term not exceeding one year; short-term loans can only be extended once, and the extension cannot exceed the original term.
The loan interest rate is determined according to the interest rate policy and loan interest rate floating range formulated by the People's Bank of China, and based on factors such as the nature, currency, purpose, method, term and risk of the loan. The foreign exchange loan interest rate is divided into floating interest rate and Fixed interest rate. The loan interest rate is stated in the loan contract, and customers can check it when applying for a loan. Overdue loans are subject to penalty interest as prescribed.
The advantage of short-term loans is that the interest rate is relatively low and the supply and repayment of funds are relatively stable. The disadvantage is that it cannot meet the long-term funding needs of the enterprise. At the same time, since short-term loans have fixed interest rates, corporate interests may be affected by interest rate fluctuations.
House Mortgage Interest Rate Calculator
Please log in to the official website of Bank of China (), click on "Financial Data" - "Deposit/Loan Interest Rate" on the middle right side of the homepage. According to the currency Select "Loan Interest Rate Table" to query. The interest rates of each loan product will be different. If you need further information, please contact the local branch of Bank of China.
You follow the "Bank of China Micro Banking" WeChat public account, and select from the menu below: "Micro Finance - Function Hall - Financial Tools and Information Inquiry" to have a loan calculator function.
The above content is for your reference, please refer to actual business regulations.
Bank of China mortgage interest rate calculator
Please follow the "Bank of China Micro Bank" WeChat official account and select "Micro Finance - Function Hall - Financial Tools and Information Inquiry" in the menu below -Loan Calculator" function, follow the prompts on the page to enter the calculation conditions for query.
The above content is for your reference, please refer to actual business regulations.
Bank housing mortgage loan calculator
Calculation method
The calculation formula is divided into two types according to the general mortgage repayment method:
1. Calculation formula for equal amounts of principal and interest:
Calculation principle: From the monthly monthly payment, the bank first collects the interest on the remaining principal and then the principal; the proportion of interest in the monthly payment increases with the remaining principal. The proportion of the principal in the monthly payment increases due to the increase, but the total monthly payment remains the same.
What needs to be noted is:
1. The maximum amount of urban provident fund loans[1] in various regions should be considered based on local conditions;
2. For loan purchases Residents who have one house but the per capita area is lower than the local average and then apply to buy a second ordinary owner-occupied house will be subject to the preferential policies for purchasing an ordinary owner-occupied house with a first loan.
2. Calculation formula of equal principal:
Monthly repayment = monthly principal, monthly principal and interest
Monthly principal = principal/ Number of repayment months
Monthly principal and interest = (principal - total cumulative repayment) Decrease due to decrease in remaining principal.