20 1 1 annual mortgage 34 1 10,000, 20-year repayment, is it reasonable to raise the bank interest rate by 2 points? How much do you pay back every month? How about less? How much is it if you don't keep it? thank you The answer is as follows:

The loan amount is RMB 346,5438+0,000 with a term of 20 years. At present, the bank's benchmark annual interest rate is 7.05%, up 2 percentage points to 9.05%. There is no reason for the bank's interest rate to rise, because the bank's funds available for lending are quite tight and there are fewer loans. Without loans, the interest income of banks is also small, so at present, all major banks adopt the method of floating interest rates.

There are two ways to repay:

A. when the interest rate is 7.05%:

1. Equal principal and interest method: the monthly repayment amount is 2654.0 1 yuan (the same every month), and the total principal and interest is 636,963.21yuan, of which the interest is 295,963.438+0 yuan.

2. Average capital method: the monthly repayment amount is different. The repayment amount in the first month is 3424.2 1 yuan (it will decrease month by month, with a decrease of 8.35 yuan per month), and the repayment amount in the last month is 1429. 18 yuan. The total principal and interest is 582,406.69 yuan, including interest of 24 1406.69 yuan.

Compared with the above two methods, the average capital method is 54,556.52 yuan less than the equal principal and interest method.

B. When the interest rate is 9.05%:

1. Equal principal and interest method: the monthly repayment amount is 3,079.04 yuan (same every month), and the total principal and interest is 738,969.49 yuan, of which the interest is 397,969.49 yuan.

2. Average capital method: the monthly repayment amount is different. The repayment amount in the first month is 3,992.54 yuan (it will decrease month by month, with a monthly decrease of 10.72 yuan), and the repayment amount in the last month is 143 1.55 yuan, with a total principal and interest of 650,890.85 yuan, including interest of 309,890.85 yuan.

Compared with the above two methods, the average capital method is 88,078.64 yuan less than the equal principal and interest method. The specific repayment method can be selected when the bank handles the loan procedures.

The above calculation is based on the assumption that the interest rate will remain unchanged throughout the repayment period.