Many times, banks take mortgage loans for personal housing loans, because this greatly reduces the risk of bank loans. For the repayment method of housing mortgage loan, is it monthly or one-off? Many people still don't understand. Now, I'll give you some details.

housing mortgage loan

In fact, the repayment method of housing mortgage loan is monthly repayment, not one-time repayment.

Housing mortgage loan is a kind of loan provided by the bank to ensure the safety of the loan and legally obtain the lien and pledge of the borrower's property through a certain contract.

Housing mortgage loan is actually a loan method in which the debtor (mortgagor) legally transfers the property ownership to the creditor (mortgagee) to obtain a loan. During this period, if the debtor fails to repay the loan principal and interest on schedule, the creditor has the right to dispose of the collateral and get priority compensation.

Housing mortgage loan can reduce the loan risk of creditors and provide the most effective guarantee for creditors to recover their loans. The use of mortgage loan in housing credit is based on the security, liquidity and profitability of bank operating funds.

Because the borrowers of this kind of housing loan are mostly individual residents, and it is impossible for banks to clearly understand the financial strength and credibility of borrowers, which increases the risk of bank loans, and mortgage loans provide creditors with effective protection to recover loans just under the condition of high loan risk.

Therefore, most banks use mortgage loans when granting housing loans to individual residents.

So, do you understand that the mortgage is really paid monthly? Generally speaking, mortgage housing loan is actually to mortgage the real estate license to the bank. After paying off the loan, the real estate license returns to its own hands.

Does the mortgage loan with real estate license pay interest every month or the principal and interest together?

In general, interest is paid first.

1. The advantage of prepayment is that you can make maximum use of your funds and keep the principal in hand. Just like Guangzhou 10 interest-bearing mortgage loan, the annual interest rate is 3.85%, and1100,000 yuan only needs to be repaid at 3,200 yuan per month. Generally, large commercial banks do not make such mortgage loans, and can consult local city banks, credit institutions and other institutions. This kind of loan needs to be evaluated by an evaluation agency recognized by financial institutions; If the loan is approved, you need to go through the formal mortgage formalities at the real estate bureau before you can issue the loan.

2. Debt service method. Now the bank stipulates that the loan period is within one year (including one year), so the repayment method is to repay the principal at maturity, that is, the initial loan principal plus the interest during the whole loan period. If the principal and interest are repaid, the term of personal mortgage loan is generally more than one year, so one of the repayment methods is to wait for the principal and interest repayment.

3. If your loan period has passed half, don't rush to repay the loan before the repayment period expires, because the monthly payment is mainly relatively large, and the mortgage interest will be saved before the repayment period expires. Each bank's business has its own characteristics, and the procedures and processes of prepayment are also very different. Some banks make an appointment by phone before filling out the form.

4. Calculation method of repayment of principal and interest: first, add the interest during the construction period to the principal, repay the principal in equal or unequal installments, and repay the reduced interest year by year; First of all, compound interest is used to calculate the total amount of debt service during the construction period and the same amount of debt service every year.

The calculation of principal and interest refers to the calculation of loan repayment principal and interest according to the loan repayment conditions. The calculation of solvency is an important basis for project economic evaluation and plays an important role in project feasibility study. In the capital plan, the calculation of capital repayment and interest should be done well, which should conform to both business habits and business possibilities.

How to repay the real estate license loan?

From the time the developer completes the commercial housing title certificate to the time the developer gives the commercial housing title certificate to the bank, the developer actually controls your commercial housing title certificate. After the commercial housing property certificate is completed, the developer will directly hand over the commercial housing property certificate to the bank for mortgage, and some banks can use the commercial housing property certificate for mortgage registration. Since then, the title certificate of commercial housing has nothing to do with the developer.

It is a general process to get back the title certificate of commercial housing or cancel the mortgage registration, and there will be many situations in actual operation. After the mortgage repayment is completed, the title certificate of the commercial house shall be recovered:

(a) to retrieve the real estate license from the bank

If the original title certificate of the commercial house has been mortgaged in the bank, the buyer has repaid the loan or repaid the loan in advance, it is necessary to contact the bank in advance. The bank will tell the buyer when to go through the relevant formalities. Different banks have different specific requirements, but general banks will require buyers to bring ID cards, collateral credentials, loan contracts, copies of insurance policies and invoices.

Property buyers will receive repayment vouchers after settling accounts in the bank at the agreed time, and the bank will also return the original commercial housing title certificate, the original sales contract and the original insurance policy to the property buyers. In this way, buyers can get their own commercial housing property certificates back.

What is real estate license mortgage loan? What types are there?

Mortgage loan of real estate license refers to the loan issued by the borrower to the bank with the purchased house as collateral. According to the different methods of interest calculation and principal repayment, real estate mortgage loans can be divided into five types, including: gradual repayment, diminishing repayment and other real estate mortgage loans.

_ Definition of mortgage loan of real estate license

Mortgage loan of real estate license refers to the loan issued by the borrower to the bank with the purchased house as collateral. There are relevant regulations on the use of real estate license mortgage loans, and relevant use certificates are also needed. According to the relevant regulations of the central bank, personal mortgage loans are prohibited from investing in the real estate market and the securities market. Once an individual is found out, he will be blacklisted in the credit information system.

Real estate mortgage loan has become a very popular loan type at present, on the one hand, because the amount of real estate mortgage loan is higher than credit loan, which can meet the needs of individuals or enterprises; On the other hand, with real estate mortgage, the risk of bank loans is reduced and banks are willing to lend money.

_ Property Ownership Certificate Mortgage Loan Type

According to the different methods of interest calculation and principal repayment, real estate mortgage loans can be divided into the following five types:

1, gradually repay

This kind of loan stipulates reasonable and unequal repayment amounts according to the expected annualized expected income level of the borrower during the repayment period, or the repayment amount is the same every time but the repayment interval is gradually getting smaller.

After consultation between the applicant and the lender, the reasonable repayment method can be determined according to the actual situation of the applicant, which can be different months or equal months. Changing the repayment term means that the term is gradually reduced, and the specific operation method needs to be determined by both parties through consultation!

2. Decreasing repayment

This means that the principal of each installment is fixed first, and then the interest payable for each installment is calculated at the daily interest rate.

3. Fixed-rate mortgage loan

This refers to the practice of financial institutions to fix the expected annualized interest rate of mortgage loans during the whole repayment period when issuing real estate mortgage loans.

4. renegotiate the expected annualized interest rate (rolling mortgage)

This means that both parties are allowed to renegotiate the expected annualized interest rate of mortgage every 3, 4 or 5 years during the repayment period.

5. Others

In addition, real estate mortgage loans also include proportional appreciation loans, early repayment loans and mortgage loans with adjustable expected annualized interest rates.

How to mortgage the real estate license

As we all know, having a real estate license may not be able to borrow from a bank, but it is also necessary to meet the conditions required for a real estate license loan in order to successfully borrow. So, what are the application conditions for real estate license mortgage loan? How to mortgage the real estate license? I believe this is a problem that everyone cares about. Below I will answer these two questions for you.

How to mortgage the real estate license

1. Preparation of relevant materials: Before the loan, the borrower needs to prepare relevant materials from the bank, such as ID card, household registration book, marriage certificate, real estate license, house purchase contract, etc.

2. Bank running bills: In addition to the mortgage of real estate licenses, banks also require borrowers to have good credit and economic strength in order to avoid risks, so banks will require borrowers to provide bank running bills for nearly six months.

3. Apply for a loan from the bank: The mortgage loan amount is generally more than 5,000 yuan, and the property value is less than 70%. The loan term is 5-30 years, and two repayment methods are adopted: matching principal and interest and average capital. Borrowers can choose according to their own economic situation.

4. Bank review of mortgage: After applying for mortgage, the bank will review the qualifications of the borrower.

5. After the approval of the bank, go through the relevant formalities: after the bank agrees to issue the loan, the borrower shall go through the mortgage registration with the relevant personnel of the bank in the housing management department.

6. The bank obtains the real estate license and lends money: after the above procedures are completed, the bank lends money to the borrower.

What are the application conditions for real estate license mortgage loan?

1, a natural person with full capacity for civil conduct, aged between 18 and 65 years old; Foreigners and residents of Hong Kong, Macao and Taiwan should have lived in China for one year and have a fixed residence and occupation;

2. Have legal identity certificate, household registration certificate and marital status certificate;

3. Have a good credit record and willingness to repay;

4. Have a stable source of income and the ability to repay loans on time;

5. Being able to provide housing mortgage loans approved by banks;

6. Open a personal settlement account in a bank;

7. Other conditions stipulated by the bank.

Editor's summary: After reading the above introduction, I believe that everyone has a further understanding of how the real estate license is mortgaged and the application conditions of the real estate license mortgage loan. Please continue to pay attention to our website for more information, and more exciting content will be presented to you later.

The introduction of mortgage repayment method of real estate license ends here.