The housing loan calculator formula is as follows:
Matching principal and interest: [loan principal× monthly interest rate× (1interest rate )× repayment months ]≤[( 1 interest rate )× repayment months]
Average capital: monthly repayment amount = (loan principal/repayment months) (principal-accumulated amount of repaid principal) × monthly interest rate, where the symbol indicates power. Two months is quadratic.
Extended data:
First, how to repay the mortgage in advance is the most cost-effective:
1. Customers with pure provident fund loans are not recommended to repay in advance.
2. Portfolio loan: According to the actual situation of customers, the general bank will give customers three opportunities to repay in advance. It is best to pay off part of your commercial loans twice and keep the provident fund loans.
3. For pure commercial loan customers, it is most appropriate to calculate the 20-year equal principal and interest according to the interest rate.
Supplementary information:
1. Customers with pure provident fund loans are not recommended to repay in advance. Because the provident fund can only be used for housing and decoration loans, and decoration loans are short-term in nature. The loan interest rate of provident fund is only 3.25%, and no matter what financial management, the income greatly exceeds the loan interest rate, which is beneficial to me.
2. Portfolio loan: According to the actual situation of customers, the general bank will give customers three opportunities to repay in advance. It is best to pay off part of your commercial loans twice and keep the provident fund loans. The monthly repayment is directly deducted from the provident fund account, which saves the greatest worry. But I'd better communicate with the bank in advance about repayment, and I'd better go to the bank for consultation in person. State-owned big banks basically have liquidated damages for prepayment. The first prepayment should be after the first time _ hoop 1 year, usually with interest of 3 months or 6 months, so it is necessary to make preparations in advance.
3. For pure commercial loan customers, it is most appropriate to calculate the 20-year equal principal and interest according to the interest rate. If the customer chooses average capital or 30-year equal principal and interest, plan ahead and reduce the total loan amount to about 400,000 principal, so that the monthly repayment of about 2,200 will not affect family life and ensure the quality of family life. It is best to prepay only twice, otherwise you can't prepay and transfer when you sell the house.
Provident fund repayment formula calculator
The provident fund calculator is used to calculate the monthly repayment amount (principal and interest) and the total interest to be paid under the provident fund loan model. There are three calculation methods: equal principal repayment, equal principal and interest repayment and free repayment.
First, the calculation method
1. Repayment by average capital
Average capital refers to a repayment method in which the total loan amount is divided into equal parts during the repayment period and the remaining loan is repaid with equal principal and interest every month. In this way, the monthly repayment amount is fixed and the interest is getting less and less. At first, the lender was under great pressure, but as time went on, the monthly repayment amount became less and less. Calculation formula of average capital loan:
Monthly repayment amount = (loan principal/repayment months) (principal-accumulated amount of repaid principal) × monthly interest rate.
2. Equal repayment of principal and interest
Matching principal and interest refers to a repayment method of housing loans, that is, the same amount of loans (including principal and interest) are repaid every month during the repayment period. The monthly repayment amount is calculated as follows: [loan principal × monthly interest rate ×( 1 interest rate) repayment months] ÷ repayment months [( 1 interest rate) repayment months-1].
3. Free repayment method
Free repayment means that when you apply for a housing provident fund loan, the housing provident fund management center gives a minimum repayment amount according to your loan amount and term. In the future, on the premise that the monthly repayment amount is not lower than this minimum repayment amount, you can freely arrange the repayment method of the monthly repayment amount according to your own economic situation.
Second, the loan interest rate.
The benchmark interest rate is generally implemented for the first-home provident fund loan, and the benchmark interest rate for the second-home provident fund loan rises by 10%. The following is the latest benchmark interest rate for provident fund loans (implemented after August 26th, 20 15):
Annual interest rate of 5 years or less: 2.75%
Annual interest rate of loans with a term of more than 5 years: 3.25%
Three. Loan repayment instructions
Provident fund is highly sought after by the majority of lenders because of its low loan interest rate and convenient loan procedures. After buying a house with a provident fund loan, how to repay the loan in advance is a knowledge that many people need to know. There are two ways to repay the loan in advance from the provident fund: full prepayment and partial prepayment:
Borrowers who have issued personal housing provident fund loans and whose loans have not yet expired may use self-raised funds to repay the loan principal in advance. The borrower must repay the loan normally for more than one year before applying for prepayment. Among them, if you apply for partial repayment in advance, the minimum repayment amount for each installment shall be 10000 yuan, which shall not be less than the loan principal and interest of 12 months, and the repayment shall be made at regular intervals.
In addition, borrowers who have paid back normally for more than one year can also withdraw the balance in the housing provident fund account for partial or full repayment, but only once.
Provident fund interest rate loan calculator
The provident fund loan calculator is used to calculate the monthly repayment amount (principal and interest) and the total interest to be paid under the provident fund loan method. There are three calculation methods: equal principal repayment, equal principal and interest repayment and free repayment.
matching principal repayments
Average capital refers to a repayment method in which the total loan amount is divided into equal parts during the repayment period, and the same amount of principal and interest generated by the remaining loans in the current month are repaid every month. Because the monthly repayment amount is fixed and the interest is getting less and less, the lender is under great pressure to repay at first, but with the passage of time, the monthly repayment amount is getting less and less.
Calculation formula of average capital loan:
Monthly repayment amount = (loan principal/repayment months) (principal-accumulated amount of repaid principal) × monthly interest rate.
Waiting amount for debt service
Matching principal and interest refers to a repayment method of housing loans, that is, repaying the same amount of loans (including principal and interest) every month during the repayment period.
The calculation formula of monthly repayment amount is as follows:
[loan principal × monthly interest rate ×( 1 monthly interest rate) repayment months ]=[( 1 monthly interest rate) repayment months]
Free repayment method
Free repayment means that when you apply for a housing provident fund loan, the housing provident fund management center will give you a minimum repayment amount according to the loan amount and term. In the future, on the premise that the monthly repayment amount is not lower than this minimum repayment amount, you can freely arrange the repayment method of the monthly repayment amount according to your own economic situation.
Provident fund loan calculation?
Provident fund loan calculator is a tool to calculate the monthly repayment amount after using provident fund loans. One-time repayment of principal and interest shall be paid off together with the principal. Matching principal and interest repayment requires fixed monthly repayment. Matching principal and interest repayment is equivalent to matching principal and interest repayment. Matching principal repayment means spreading the principal every month and paying off the interest from the previous trading day to the repayment date.
The interest rate of housing provident fund loans for more than five years is 4.50%, the monthly interest rate is 4.50%/ 12, and the interest rate of housing provident fund loans for five years and below is 4.0% per annum.
Detailed calculation method of provident fund loan calculator
abstract:
The provident fund loan calculator is used to calculate the monthly repayment amount and interest under the provident fund loan method. Different repayment methods have different calculation formulas, mainly including equal principal repayment, equal principal repayment and free repayment. Let's take a closer look.
Provident fund loan calculator-calculation method:
Equal principal repayment:
Average capital refers to a repayment method in which the total loan amount is divided into equal parts during the repayment period, and the same amount of principal and interest generated by the remaining loans in the current month are repaid every month. Because the monthly repayment amount is fixed and the interest is getting less and less, the lender is under great pressure to repay at first, but with the passage of time, the monthly repayment amount is getting less and less. Calculation formula of average capital loan: monthly repayment amount = (loan principal/repayment months) (repaid principal) × monthly interest rate.
Matching principal and interest repayment:
Matching principal and interest refers to a repayment method of housing loans, that is, repaying the same amount of loans (including principal and interest) every month during the repayment period. The calculation formula of monthly repayment amount is as follows: [loan principal × monthly interest rate ×( 1 interest rate )× repayment months] ÷ monthly repayment amount [( 1 interest rate )× repayment months]
Free repayment method:
Free repayment means that when you apply for a housing provident fund loan, the housing provident fund management center will give you a minimum repayment amount according to the amount and duration of your loan. In the future, on the premise that the monthly repayment amount is not lower than this minimum repayment amount, you can freely arrange the repayment method of the monthly repayment amount according to your own economic situation.
Provident fund loan calculator-loan interest rate:
The benchmark interest rate is generally implemented for the first-home provident fund loan, and the benchmark interest rate for the second-home provident fund loan rises by 10%. The following is the latest benchmark interest rate for provident fund loans (implemented after 20 12-6-8):
Annual interest rate for 5 years or less: 4.2%
Annual interest rate of loans with a term of more than 5 years: 4.7%
Borrowers who have issued personal housing provident fund loans and whose loans have not yet expired may use self-raised funds to repay the loan principal in advance. The borrower must repay the loan normally for more than one year before applying for prepayment. Among them, the application for partial repayment in advance, the minimum repayment amount is 10000 yuan each time, and shall not be less than the loan principal and interest amount 12 months, and shall be repaid once a year.
In addition, borrowers who have paid back normally for more than one year can also withdraw the balance in the housing provident fund account for partial or full repayment, but only once.
Summary:
I believe you have understood the provident fund loan calculator. There are two ways to repay the loan in advance: full prepayment and partial prepayment. Because of its low loan interest rate and convenient loan procedures, it has been deeply loved by the majority of buyers. After using provident fund loans to buy a house, how to repay the loan in advance is a knowledge that many people need to know.
(The above answers were published on 20 14-07- 18. Please refer to the actual situation for the current purchase policy. )
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Provident fund loan calculator 20 13
Based on the latest loan interest rate of 20 12, public housing loan calculator 20 13 has compiled various latest online loan calculators, including mortgage calculator, prepayment calculator, provident fund loan calculator 20 13, and purchase tax calculator. At the same time, the loan tax interest blog also introduces various loan interest calculation methods and knowledge, hoping that the housing loan calculator 20 13 can bring you convenience!
Matching principal and interest repayment method: during the repayment period, the same amount of loans (including principal and interest) are repaid every month, so that the monthly repayment amount is fixed, the expenditure of family income can be controlled in a planned way, and it is also convenient for each family to determine the repayment ability according to their own income.
Average capital Repayment Method ":Repay the principal in equal amount every month, and then calculate the interest according to the remaining principal, so you will pay more interest at the initial stage, so the initial repayment amount will be more, and the subsequent stage will be reduced every month. The advantage of this method is that the interest expense will be reduced due to the large repayment amount at the beginning, which is more suitable for families with strong repayment ability.
Provident fund loan calculator 20 13, the latest interest rate, kept updated at any time, with the following functions:
1. Mortgage calculation
2. Evaluation and calculation of purchasing power (national cities)
3. Calculation of advance payment
4. Calculation of taxes and fees, etc.
(The above answers were published on 20 13-07-23. Please refer to the current actual purchase policy. )
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So much for the introduction of the interest rate calculation table for provident fund loans.