Personal housing loans, China Construction Bank and other commercial personal housing loans have introduced businesses that allow borrowers to change repayment plans and repay part or all of the loans in advance. However, due to prepayment, especially prepayment of some loans, it is necessary to modify and calculate the loan term and loan balance agreed by the three parties in the original loan contract, and the operation is complicated. The borrower needs to understand and master the following requirements and regulations:

First, the borrower must repay the principal and interest of the loan regularly for 6 months before proposing to repay part or all of the loan in advance for the first time;

Second, in order to strictly manage loans, lending institutions set a minimum amount for the prepayment of some loans, which generally requires an integer of more than 654.38+00,000 yuan.

Third, the borrower generally needs to notify the lending institution 15 days in advance to repay the loan in advance, and must submit a written application to the lending institution with the original loan contract, the bank repayment savings card, the monthly repayment statement of principal and interest, my ID card and other materials (the provident fund loan is applied to the housing fund management department, and the bank commercial housing loan is applied to the lending bank), and it is approved by it;

Four, the borrower still needs to repay the original monthly loan principal and interest repayment amount, and then deposit the loan amount to be repaid in advance into the bank savings card. After confirmation, the lending institution will recalculate the loan balance and the final repayment period after repaying part of the loan in advance according to the interest-bearing repayment method (generally "equal principal and interest repayment method" and "equal principal and interest repayment method") determined in the original loan contract. ), according to the calculation principle of "giving priority to interest, decreasing in equal amount every month and shortening the repayment period", reprint the "Monthly Repayment Principal and Interest Table". Whether to repay part of the loan or all the loan in advance, the borrower must go to the bank for prepayment within the time specified by the lending institution.

It is also worth mentioning that if all loans are repaid in advance, the insurance company can refund the premium during the advance period. After the borrower repays all the loans in advance, the lending institution will also return to the borrower the original personal housing loan housing insurance policy that has been kept by the lending institution. However, because the borrower has paid off all the insurance premiums during the loan period in one lump sum when handling the loan, the original home insurance personal housing loan contract was terminated ahead of schedule. According to the relevant regulations, the borrower can bring the original insurance policy and proof of paying off the loan in advance, and return the premium to the insurance company in advance on a monthly basis.

Paying off the loan in advance and returning the insurance premium should be based on whether the original house is an existing house or an auction house, and the actual term of the insurance premium should be changed by the auction house (the insurance term of the auction house exceeding half a year is generally calculated by subtracting 1 year from the loan term), the discount rate of the original one-time payment of insurance premium and the quick calculation coefficient. The calculation formula is: paying off the loan in advance and returning the insurance premium = the present value of the insurance premium paid in advance-the present value of the insurance premium occupied before returning in advance.

Second, how to calculate the monthly repayment amount of an individual?

1. Equal repayment formula: monthly principal and interest repayment amount = [monthly interest rate of principal (1 interest rate) ∧ loan months ]/[( 1 interest rate) ∧ loan months-1] (Note: loan months are (/kloc)

1. According to the repayment method of average capital: let the loan amount be A, the monthly interest rate be I, the annual interest rate be I, the repayment months be n, a a 1 = a, the remaining principal of the loan in the nth month, a2 = a-a/n, a3 = a-2a/n.

By analogy, the total repayment interest is Y. Monthly principal payable: a/n Monthly interest payable: ani repayment for each installment. A/ Nani pays interest. Y=(n 1)ai/2 Total repayment amount =(n 1)ai/2a.

2. Matching principal and interest repayment method: let the loan amount be A, the monthly interest rate be I, the annual interest rate be I, the number of repayment months be N, the monthly repayment amount be B, and the total repayment interest be Y1:I =12× I2: Y = N× B-A.

The repayment interest of the first month is: a× I; The repayment interest of the second month is [a-(b-a× i) ]× i = (a× i-b )× (1i); The repayment interest in the third month is {a-(b-a× i)-[b-] twice b, the repayment interest in the fourth month is =(a×i-b)×( 1i), and the repayment interest in the third month is = (a× i-b )× (/kloc). The n power of-1] ÷ in× B4: the above two y values are equal, and the n power of monthly repayment b = a× i× (1i) ÷ [(1i)-1] pays interest y = n.

The first one is very simple, and the second one must consider reducing the interest on January repayment, otherwise you will not understand the principle.

Third, the calculation method of personal loan repayment?

There are two repayment methods, interest and principal are calculated separately.

(a) equal principal and interest repayment method:

Matching principal and interest means that the principal paid to the bank every month is the same within the monthly repayment period. Because the interest is decreasing month by month, the monthly repayment amount will be less and less.

1. Monthly repayment amount = [loan principal× monthly interest rate× (1interest rate )× repayment months ]=[( 1 interest rate )× repayment months]

2. Monthly interest payable = loan principal × monthly interest rate × [(number -( 1 interest rate) (repayment month serial number-1)]] ÷ [(1interest rate) repayment months]

3. Monthly repayment of principal = loan principal × monthly interest rate ×( 1 interest rate) ÷ (repayment month serial number-1) ÷ [( 1 interest rate) repayment months-1]

4. Total interest = repayment months × monthly repayment amount-loan

(2) the average capital repayment method:

1. Monthly payment = (loan (loan principal-accumulated repaid principal) × monthly payment)

2. Monthly repayable principal = loan principal ÷ repayment months.

3. Monthly interest payable = residual principal × monthly interest rate = (loan principal-)× monthly interest rate.

4. Monthly interest rate = loan principal ÷ repayment months × monthly interest rate.

5. Total interest = [(total interest rate) Total loan amount ÷ repayment months 2

6. Monthly repayment amount-total 2 154 =15×15 (the fourth power of15, that is, four times15).

Fourth, the calculation method of personal loan repayment?

There are two repayment methods, interest and principal are calculated separately.

(a) equal principal and interest repayment method:

Matching principal and interest means that the monthly repayment amount is the same, and average capital means that the principal paid to the bank every month during the loan period is the same. Because the interest is decreasing month by month, the monthly repayment amount will be less and less.

1. Monthly repayment amount = [loan principal× monthly interest rate× (1interest rate )× repayment months ]=[( 1 interest rate )× repayment months]

2. Monthly interest payable = loan principal × monthly interest rate × [( 1 interest rate )× repayment months -( 1 interest rate )× (repayment month serial number-1)] ÷ [(1interest rate )× repayment months-650.

3. Monthly repayment of principal = loan principal × monthly interest rate ×( 1 interest rate) ÷ (repayment month serial number-1) ÷ [( 1 interest rate) repayment months-1]

4. Total interest = repayment months × monthly repayment amount-loan principal

(2) the average capital repayment method:

1. Monthly payment = (loan principal ÷ repayment months) (loan principal-accumulated amount of repaid principal) × monthly interest rate.

2. Monthly repayable principal = loan principal ÷ repayment months.

3. Monthly interest payable = residual principal × monthly interest rate = (loan principal-accumulated principal repayment amount) × monthly interest rate.

4. Declining monthly payment = monthly payable principal × monthly interest rate = loan principal ÷ repayment months × monthly interest rate.

5. Total interest = [(total loans ÷ repayment months ÷ total loans × monthly interest rate) total loans ÷ repayment months ×(65438+ monthly interest rate)] ÷ 2

6. Description of repayment months-total loan amount: monthly interest rate = annual interest rate ÷12154 =15×15 to the fourth power, that is,