This is illegal, and the bank should give it directly to the lender.

At the same time, the loan contract is directly handed over to the lender by the bank or development company, and the bank can query the loan information through its own account. If you have loan information, go directly to the loan bank, credit department and direct leader.

When buying a house with an equal principal and interest loan, the formula for calculating the monthly repayment amount is:

[loan principal × monthly interest rate ×( 1+ monthly interest rate) repayment months ]=[( 1+ monthly interest rate) repayment months-1]

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 decreases with the decrease of residual principal, and the proportion of principal in monthly payment increases with the increase, but the total monthly payment remains unchanged.