The specific process of mortgage repayment is as follows:

1. One-time repayment of principal and interest: according to the current regulations of the bank, if the loan term is within one year (including one year), the repayment method is one-time repayment of principal and interest at maturity, that is, the initial loan principal plus interest for the whole loan term.

2. Matching principal and interest repayment method: The term of mortgage loan for individual house purchase is generally more than one year, so one of the repayment methods is matching principal and interest repayment method, that is, from the second month of using the loan, the loan principal and interest are repaid in equal amount every month.

3. Average capital repayment method: the basic principle is to repay the loan principal in equal amount within the repayment period, and at the same time pay off the interest generated by the unpaid principal in the current period. Repayment methods can be monthly repayment and quarterly repayment. Due to the requirement of bank interest settlement practice, quarterly repayment is generally adopted.

How to repay the mortgage loan

Legal analysis: the repayment method of housing mortgage loan is as follows: 1. The basic algorithm principle of the average capital repayment method and the average capital repayment method is to repay the loan in equal amount on schedule during the repayment period, and the loan interest generated by paying off the outstanding principal in the current period can be repaid monthly and quarterly; 2. Equal principal and interest repayment method. If the term of mortgage loan for individual house purchase is more than one year, the repayment method is equal principal and interest repayment, that is, from the second month of using the loan, the loan principal and interest will be repaid in equal amount every month.

Legal basis: Article 37 of the Law of People's Republic of China (PRC) Commercial Bank, a commercial bank shall conclude a written contract with the borrower. The contract shall stipulate the type, purpose, amount, interest rate, repayment period, repayment method, liability for breach of contract and other matters that both parties think need to be agreed. Article 678 of the National Law of People's Republic of China (PRC): The borrower may apply to the lender for extension before the repayment period expires; If the lender agrees, it can be extended.

What are the repayment methods of real estate mortgage loan?

Housing mortgage loan is a way for mortgagor to borrow money from bank. Generally, the borrower applies first, then submits the materials, and finally the loan can be issued after the bank has approved it. The borrower will also sign a mortgage contract with the bank and pay a certain interest every month. The borrower can recover the real estate license and land use certificate only after paying off the principal and interest. If the loan is repaid every month in arrears, the bank will dispose of the property. Usually there are three repayment methods after mortgage loan, which are described in detail below:

I. Average capital

In Average Capital, it is also called the interest repayment method with principal, average capital and unequal interest. Lenders need to divide the principal equally every month and pay off the interest between the repayment dates of the previous trading day.

Compared with the repayment method of equal principal and interest, this repayment method has less total interest expenditure, but the principal and interest to be paid off in the early stage is higher, and the repayment burden is reduced month by month.

2. Equal principal and interest

Matching principal and interest is also called regular interest payment, and the lender needs to pay the same amount every month to repay the principal and interest of the loan. Among them, the monthly loan interest is calculated according to the remaining loan principal at the beginning of the month, and then settled monthly.

Because the amount of money to be repaid every month is the same, in the early stage of the loan, the loan principal is less after deducting the interest settled every month; However, in the later stage of the loan, because the loan principal is decreasing, the monthly interest is also decreasing, and the monthly loan principal to be repaid is high.

Third, interest comes before capital.

Paying interest first, then paying capital, is within the time stipulated in the loan. According to the agreed time, the borrower pays off the interest first, and then pays off the principal when it expires. This repayment method will not bring great pressure to the lender in the early stage, but it will bring great pressure when repaying the principal at one time.

These are the three repayment methods of real estate mortgage loan. Choose different repayment methods, and the amount of money to be paid off every month is different. You need to choose according to your actual situation.

Repayment method of housing mortgage loan

There are three repayment methods for real estate mortgage:

1, repay the principal and interest in one lump sum. If the loan term is less than one year (inclusive), the repayment method is to repay the principal and interest once it is due.

2. Equal principal and interest repayment method. Refers to the repayment of the same amount of loans (including principal and interest) every month during the repayment period.

3. Average capital repayment method. Lenders need to repay the loan principal in equal amount on schedule within the repayment period, in addition, they should also pay off the loan interest generated by the unpaid principal in the current period.

The introduction of the repayment method of real estate mortgage ends here.