After the repayment date is set, it has no effect on the user's mortgage repayment, so it is meaningless to change the repayment date of the mortgage.
Which repayment method is good for mortgage repayment?
1, equal principal and interest repayment;
Matching principal and interest repayment, that is, the monthly repayment amount is a fixed figure. Compared with another repayment method, this monthly repayment amount is smaller, and buyers will choose this one, but what is the actual situation of this repayment? Cai Xi. Bian Xiao will do the calculation for you.
Take the loan 1 10,000 yuan as an example, with a repayment of 7485.2 yuan per month in 20 years. The monthly repayment is 7485.2 yuan, of which 5458.33 yuan is interest and 2026.86 yuan is principal, which means that most of the money you pay back is bank interest and the principal is relatively small. By the middle of repayment (for example, you have paid back 10 years after 20 years), the interest of the previous 10 years has been almost paid back, but a large part of your principal has not been paid back and must be paid back. Even if your conditions are much better after 10 years, you can pay it back in advance, but the latter is basically the principal with little interest. When you are in the bank, you are basically only told this, because in this way, the interests of the bank will be maximized.
Most families, since they have borrowed for 20 years, can't repay their loans in a few short years, but they can usually repay them after 10 years. In this way, the bank's interest is expected to reduce the annualized income, so they let you pay the interest of the previous 10 year in this way, and the principal is basically not reduced. Even if you have money, if you pay it back, the interest of the bank has earned more than half, and you will not lose anything to the bank if you pay it back in advance.
2. Repayment of equal principal.
When the bank handles the repayment method, it will not take the initiative to withdraw the equal principal repayment. Basically, only the former is said. Fortunately, I have known it before, so I put forward the regression average capital model.
Or take the loan of 6,543,800 yuan, 20 years repayment and 9,625 yuan monthly repayment as an example. Although the monthly repayment is 2 140 yuan more than the matching repayment of principal and interest. But the principal is 4 166.67 yuan, and 5458 yuan is interest. Since the second month, only 9602.26 yuan has been paid, because the principal of 4 166.67 yuan was paid last month, and this month's interest was recalculated, so 23 yuan's interest was missing. By analogy, the later, the less repayment pressure.