The answer is as follows: the term of a 300,000 yuan mortgage is 20 years. At present, the annual interest rate of loans for more than five years is 7.05%. There are two repayment methods: 1, and the matching principal and interest method: the monthly repayment amount is 2334.9 1 yuan (the same every month), and the total interest is 260378. 19 yuan. 2. Average capital method: the monthly repayment amount is different. The repayment amount in the first month is 3,065,438+02.50 yuan (34 yuan every month thereafter), and the repayment amount in the last month is 65,438+0257.34 yuan, and the total interest is 265,438+023,865,438+0.25 yuan. Compared with the above two methods, the average capital method is 47,996.94 yuan less than the matching principal and interest method, and banks can choose it when handling loan procedures.
2. How much is the monthly repayment for the 20-year repayment period of the 300,000-yuan mortgage?
At present, the annual interest rate of loans for 5-30 years (including 30 years) announced by the People's Bank of China is 4.9%. According to the trial calculation of the benchmark interest rate, the monthly repayment amount is 1963.33 yuan, and the first month repayment amount is 2475 yuan (for reference only), and the monthly repayment amount decreases month by month.
If you are going to apply for a loan in China Merchants Bank, the loan interest rate needs to be comprehensively priced in combination with the business type, credit status, guarantee method and other factors you apply for, and can only be determined after approval by the handling outlets.
After 20 years, what is the average monthly principal of the 33,000-yuan mortgage?
commercial loan
The average repayment method is 300,000 yuan, and the mortgage is 2,475 yuan in the first month of 20 years, and then decreases month by month.
Provident fund loan
The average repayment method is 300,000 yuan, and the mortgage is 2,062.5 yuan in the first month of 20 years, and then decreases month by month.
4. What is the approximate monthly repayment of the 300,000-yuan mortgage for 20 years?
There are two ways to calculate mortgage repayment:
I. Calculation formula of equal principal and interest:
Calculation principle: from the beginning of monthly contribution, the bank collects the interest of the remaining principal first, and then the principal; The proportion of interest in monthly payment will decrease with the decrease of residual principal, and the proportion of principal in monthly payment will increase with the increase, but the total monthly payment will remain unchanged.
Second, the average capital calculation formula:
Monthly repayment = monthly principal, monthly principal and interest
Monthly principal = principal/repayment months
Monthly principal and interest = (principal-total accumulated repayment) x monthly interest rate
Calculation principle: the amount of principal returned every month is always the same, and the interest will decrease with the decrease of the remaining principal.
At present, the annual interest rate of loans for 5-30 years (including 30 years) announced by the People's Bank of China is 4.9%. According to the trial calculation of the benchmark interest rate, the monthly repayment amount is 1963.33 yuan, and the first month repayment amount is 2475 yuan (for reference only), and the monthly repayment amount decreases month by month.
Extended data:
Mortgage type:
Housing loans mainly include the following:
1. Housing provident fund loan: For residents who have already paid the housing provident fund, low-interest housing provident fund loans should be the first choice when buying a house. Housing provident fund loans have the nature of policy subsidies, and the loan interest rate is very low, which is not only lower than the loan interest rate of commercial banks (only half of the mortgage interest rate of commercial banks), but also lower than the deposit interest rate of commercial banks in the same period.
In other words, there is a spread between the mortgage interest rate of the housing provident fund and the bank deposit interest rate. At the same time, when handling mortgage and insurance related procedures, the housing provident fund loan will be charged by half.
2. Personal housing commercial loans: The above two loan methods are limited to employees who have paid the housing provident fund, and there are many restrictions. Therefore, people who have not paid the housing provident fund have no chance to apply for loans, but they can apply for personal housing secured loans from commercial banks, that is, bank mortgage loans.
As long as your balance in the loan bank accounts for not less than 30% of the funds needed for house purchase, and it is used as the down payment, and the assets recognized by the loan bank are used as collateral or pledge, or the units or individuals with sufficient compensation ability are used as guarantors to repay the principal and interest of the loan and bear joint liability, then you can apply for using the bank mortgage loan.
3. Individual housing portfolio loans: The maximum amount of provident fund loans that can be issued by the housing provident fund management center is generally1-290,000 yuan. If the purchase price exceeds this limit, the insufficient part shall apply to the bank for commercial housing loans.
These two kinds of loans are collectively called portfolio loans. This business can be handled by the real estate credit department of the bank. The interest rate of portfolio loan is moderate, and the loan amount is large, which is more for the lender to choose.