For most Shanghai residents, it may be the first time to buy a house, or it may be the biggest investment decision in life and the most important commodity trading activities. If we can understand and understand the types of personal housing loans of banks at present, it will make the general public know fairly well when making personal housing consumption or investment. I believe that the following issues discussed by mortgage experts in commercial banks will provide necessary financing guidance for borrowers in housing consumption, mortgage and transfer.

At present, among personal financial products, the loan interest rate of personal housing provident fund is the lowest, with the annual interest rate of 1-5 being 4. 14% and the annual interest rate of 6-30 years being 4.59%. Although the interest rate of provident fund loans is the lowest, not everyone can apply. Applicants are required to deposit the housing provident fund for two years and six months before they can apply for loans. The maximum amount of provident fund loans is 654.38+10,000 yuan, plus 30,000 yuan of supplementary provident fund, and they can only apply for loans130,000 yuan.

Moreover, the provident fund loan amount is calculated according to the borrower's (spouse or family member) housing provident fund storage balance 15 times and the supplementary provident fund balance 2 times. Therefore, for individuals with supplementary provident fund, if you want to apply for the loan amount of supplementary provident fund, don't use it before applying. Once the supplementary provident fund is withdrawn, the amount will not be calculated. In addition, the interest rate of personal housing commercial loans is the lowest among personal consumption loans, with the annual interest rate of 1-5 being 5.3 1% and the annual interest rate of 6-30 years being 5.58%.

At present, there are basically two repayment methods for individual housing loans, one is equal repayment, and the other is equal principal repayment. Take the equal repayment method as an example. With this repayment method, the monthly repayment amount remains unchanged during the whole repayment period (except when the interest rate is adjusted). In the initial repayment period, interest accounts for most of the monthly repayment amount. With the passage of time, the proportion of interest in the repayment amount will continue to decrease, while with the gradual amortization of principal, the proportion of principal in the repayment amount will continue to increase. The advantage of this repayment method is that the borrower can accurately grasp the monthly repayment amount and arrange the family's income and expenditure in a planned way.

However, if the principal is repaid in equal amount, the principal will be divided equally throughout the repayment period, and the interest will be calculated on a daily basis according to the outstanding principal balance and repaid together with the principal. For borrowers, the monthly repayment amount is gradually decreasing, but the speed of repayment of principal remains unchanged. It should be said that this repayment method is more suitable for individuals who have strong repayment ability at the initial stage of repayment and want to return a large amount at the initial stage of repayment to reduce interest expenses.

2. Which bank in Ningbo has the lowest loan interest?

The brother who buys a house in Ningbo has the lowest loan interest. Ningbo Agricultural Bank Company is a famous large enterprise in China. The talents in the company are all high-tech talents in the social field. At the same time, the company is backed by abundant funds.

Third, I want to borrow money to buy a house, but I don't know which repayment method is the most suitable and the interest is the least.

Category: Life >> Buying houses and properties

Analysis:

Less interest is the repayment of average capital.

At present, the repayment methods of bank personal housing loans mainly include equal principal and interest and average capital. Matching principal and interest repayment method repays the loan principal and interest in equal amount every month, with the interest decreasing month by month and the principal increasing month by month; In the average capital, the repayment amount is decreasing, the principal remains unchanged in the monthly repayment, and the interest decreases month by month.

The main difference between the two is that the former has the same repayment amount in each installment, that is, the total monthly principal plus interest is the same, and the repayment pressure of customers is balanced, but the interest burden is relatively large; The latter is also called' decreasing repayment method'. The monthly principal is the same but the interest is different. The early repayment pressure is great, but the future repayment amount is gradually reduced, and the total interest burden is less.

Now, people who know these two ways think that it is cost-effective to choose average capital, because they choose to pay more principal and interest with equal amount, while average capital pays less interest. Moreover, they think that once they repay the loan in advance, they will find that the equal amount of principal and interest will pay more interest, not the principal, and they will feel great losses.

Generally speaking, "equal principal and interest" will pay more interest than "decreasing repayment". Based on the 20-year loan of 65,438+10,000 yuan, the former will pay more than 800 yuan of interest than the latter. If you borrow 400,000 yuan in 20 years, you have to pay an extra interest of 800× 40 = 32,000 yuan. It seems that banks overcharge interest. In fact, with the reduction of principal, the average capital repayment method can speed up repayment, withdraw funds as soon as possible, reduce operational risks and help prevent risks.

In practice, the matching of principal and interest is more beneficial for customers to master and repay. In fact, many customers prefer to choose "equal repayment method" after comparison, because the monthly repayment amount of this method is fixed, which is convenient for customers to remember and the repayment pressure is relatively balanced, which is not much different from general funds. Because these customers also see that the use value of funds varies with time, simply speaking, the repayment method of equal principal and interest will naturally pay more interest because it takes a long time to occupy the bank principal; With the reduction of the principal, the repayment method of average capital occupies the principal of the bank for a short time, and the interest naturally decreases, so there is no problem that the bank earns more interest and suffers.

The two loan methods are essentially the same, and there is no distinction between advantages and disadvantages. Only when the needs are different will there be different choices.

Because the repayment pressure of equal principal and interest repayment method is balanced, but it needs to pay more interest, it is suitable for people with certain savings, but their income may be flat or declining, and their living burden is increasing day by day, and there is no early repayment plan.

The repayment method in average capital, because the lender can repay the principal quickly, can pay less interest, but the early repayment amount is large, so it is more favorable for people with higher income at present, or those whose income is expected to increase significantly in the near future and are ready to repay in advance.

The latest news:

There are usually two repayment methods of mortgage: matching principal and interest and average capital. The "big loser" who borrows mortgage from China Construction Bank will have two new repayment methods to choose from: equal increase and equal decrease, in which equal decrease can pay less interest than the original two methods.

CCB provides four flexible repayment methods for personal mortgage customers, which is the first in China.

The reporter learned from the Real Estate Credit Department of China Construction Bank that CCB will launch these two new repayment methods nationwide, but due to the computer system in actual operation, it is impossible to achieve national synchronization. At present, Beijing has begun to implement it, and Shanghai will soon be able to handle it, but there is no clear timetable. In addition, customers who are about to apply, are applying or have completed repayment can choose a new repayment method.

According to reports, the repayment methods of "equal increase" and "equal decrease" mean that the "negative man" can agree with the bank on the interval and amount of increasing or decreasing repayment, and repay the loan with a fixed amount in the first installment, and then repay the loan monthly according to the interval and the corresponding increasing or decreasing amount, in which the interval is at least 1 month.

Take a commercial mortgage with a total amount of 300,000 and a term of 20 years as an example. If the agreed interval is five months and the decreasing amount is 30 yuan, according to the current interest rate level, the method of "equal decreasing amount" can pay less interest of 3 1, 0 18 yuan than the method of "equal principal and interest" and less interest of 1, 346 yuan than the repayment method of average capital.

The biggest feature of these two new repayment methods is that the "negative person" can flexibly adjust the interval or progressive amount according to the change of his repayment ability, thus alleviating the economic pressure in a specific period or paying less total interest. For example, if your income increases in a certain period, you can increase the progressive amount and shorten the interval, so that the installment payment will increase and the total interest will be paid less; And if your income level drops, you can reduce the progressive amount and shorten the interval, so that the installment payment is reduced and the repayment pressure is naturally lighter.