1, equal repayment, the amount will also change.
Many people think that the repayment rate is stipulated in the contract, and the equal repayment is chosen, and the monthly repayment should be the same, but this is wrong. In fact, the repayment amount is different every year.
The interest rate of housing loan is generally determined by two factors: benchmark interest rate and interest rate. If the base interest rate was adjusted in the previous year, the monthly repayment amount will be adjusted in the second year 1 month. If the mortgage interest rate is adjusted from 30% to 20% in the previous year, the monthly repayment amount will also be adjusted.
2. How to choose a loan bank?
Some banks think that it is too harsh to allow prepayment of more than 20%. It will be more convenient if you can choose a bank with less strict repayment requirements. Small banks are generally wider, but if you need to apply for credit cards and the like, there are still great differences between banks, so you should choose carefully.
3. Prepayment method
One-time payment: it is easy to understand, and all the remaining loan principal is returned. It saves interest.
The term remains unchanged, and the quota is reduced: the monthly pressure is reduced, and there is basically no interest.
Increase the repayment amount and shorten the term: save interest, which banks generally do not do.
4. Prepayment process
If it is a partial repayment, first make an appointment at the bank, fill out an application form, set the repayment time, then deposit the money and go to the bank to repay. If it is full repayment, it is necessary to enter the process of handling real estate license, returning insurance and canceling house mortgage.
5. The choice of repayment method
For those who have an early repayment plan, it is recommended to choose equal interest repayment, and pay more every month, because the principal is still relatively large, which saves interest very much. If you choose equal repayment, most of the interest in the first two years will be repaid, and then it is of little significance to repay in advance. If there are repayment methods such as biweekly repayment, it will certainly save more interest.
6. How to calculate the monthly repayment amount?
Generally, there is a repayment formula in a loan contract: monthly repayment amount = principal × monthly interest rate ×( 1+ monthly interest rate) monthly power of repayment /[( 1+ monthly interest rate) monthly power of repayment-1]. Monthly interest rate = annual interest rate12.
There is a special case, that is, 1 month. If the benchmark interest rate of the previous year is adjusted, how to calculate the repayment amount of 1 month? Due to the cross-month situation, part of the interest rate is the loan interest rate of the previous year, and part of the interest rate is the loan interest rate of this year.
At this time, it is necessary to first verify the repayment amount for one month according to the remaining principal, and calculate the interest on a daily basis. It is estimated that 65438+February must be calculated as 3 1 day at this time. Therefore, the interest adjustment will be severely slaughtered by the bank.
7. How to calculate the repayment interest this month?
Calculation of repayment interest this month:
This month's interest = remaining principal × monthly interest rate
Repayment of principal this month = monthly repayment amount-interest this month
8, pay attention! Don't choose to prepay in big months.
A big month refers to a month with 3 1 day. The interest on prepayment is calculated on a daily basis, and one more day is counted when the number of days is counted. Daily interest rate = annual interest rate ÷360. There are 365 days in a year. If calculated by the day, the interest will be paid for a few more days. If there is no repayment on the payment date, the date between the payment date and the repayment date also needs to calculate interest.
9. Mortgage loan is the financing method of * *
Reasonable debt is conducive to planning personal financial management, and mortgage is a cheap financing method. When you can get a mortgage, make the best use of it and let your funds invest in areas with higher return on investment. Bold investment is really important for individuals, and mortgage can also effectively reduce the risk of inflation and participate in sharing other people's deposits.
10, you know! Pay interest at first.
Some people pay back 2000 yuan a month for 20 years or two, thinking that they have already paid back 50 thousand yuan. In fact, this understanding is very wrong. At first, all they paid back was interest, and the principal was not much, basically they paid back 20 thousand. So, at first, all they paid back was interest.
It is better for everyone to know more about this common sense. If you want to buy a house with a loan, you should know some common sense, so that you will not be easily deceived and feel more at ease when handling a loan.
(The above answers were published on 2016-12-01. Please refer to the actual situation for the current purchase policy. )
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