(30-3030%)6%/ 12= 1050
How much is the monthly mortgage of 26,500 yuan for 20 years?
The benchmark interest rate of central bank loans: 4.35% within one year, 4.75% within one to five years, and 4.90% above five years. Therefore, the benchmark interest rate for 20-year loans is 4.9%, and the bank loan interest rate fluctuates on the basis of the benchmark interest rate.
The housing loan of 650,000 yuan will be paid off in 20 years, calculated at the benchmark interest rate of 4.9% for 20 years, and the monthly payment is as follows:
① Repayment of "equal principal and interest", with repayment of 4,253.89 yuan per installment, and the total repayment amount is 6,543.8+0.0209 million yuan.
(2) Repayment according to "equal cost", with the initial repayment of 5362.50 yuan, decreasing by 1 1.06 yuan every month, and the total repayment amount is 969,800 yuan.
Third, how to calculate the mortgage interest?
The calculation methods of mortgage are equal principal and interest calculation method and average capital calculation method respectively. The calculation method of equal principal and interest is monthly repayment amount = loan principal multiplied by (monthly interest rate multiplied by (1 monthly interest rate) repayment months) /(( 1 monthly interest rate) repayment months-1); The calculation method of average capital is the monthly repayment amount = (loan principal/repayment months) (loan principal-accumulated repaid principal amount) multiplied by the monthly interest rate.
Matching principal and interest refers to a repayment method of a loan, that is, the same amount of loan (including principal and interest) is repaid every month during the repayment period. Equal principal and interest and average capital are not the same concept. Although the monthly repayment amount may be lower than that of average capital at first, the interest paid in the end will be higher than that of average capital, which is often used by bank leaders.
Average capital refers to a repayment method of loans. During the repayment period, the total amount of loans is divided into equal parts, and the same amount of principal and interest generated by the remaining loans of the month are repaid every month. In this way, because the monthly repayment amount is fixed and the interest is less and less, the borrower is under great pressure to repay at first, but as time goes on, the monthly repayment amount is less and less.
Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Banks put concentrated money and monetary funds out by means of loans, which can meet the needs of social expansion and reproduction for supplementary funds and promote the stagnant economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.
Housing loan, also known as housing mortgage loan, is an application form for housing mortgage loan, ID card, income certificate, housing sales contract, guarantee and other legal documents filled out by the buyer to the loan bank. , must be submitted. After passing the examination, the loan bank promises the loan to the buyer, and handles the real estate mortgage registration and notarization according to the house sales contract provided by the buyer and the mortgage loan contract concluded between the bank and the buyer. The bank directly transfers the loan funds to the sales unit within the time limit stipulated in the contract.
Fourth, how to calculate the interest on the house loan? For example, what is the total interest of a 200,000-year mortgage, and what is the interest plus the loan principal?
The loan principal is 200,000 yuan, with a term of 20 years. According to the benchmark annual interest rate of the People's Bank of China for loans over 5 years (unchanged), the repayment method of the principal and interest is equal. The monthly repayment amount is 1308.89, the total repayment amount is 3 14 133. 14, and the total interest amount is: