The second home loan interest rate calculator is to help some friends who can't calculate their own loan-related data according to the loan interest rate calculation formula. We only need to fill in the relevant values. The specific calculation method is as follows:
1. The calculation method of equal principal and interest is that the bank first charges the interest on the remaining principal, and then charges the principal from the monthly contribution. The proportion of interest in monthly payment decreases with the decrease of residual principal, and the proportion of principal in monthly payment increases with the increase, but the total monthly payment remains unchanged. Matching principal and interest means that the buyer repays the loan principal and interest at a fixed amount every month within the loan term, in which interest decreases with the decrease of principal. The calculation formula is as follows: monthly repayment amount = [loan principal× monthly interest rate× (1+monthly interest rate )× repayment months ]=[( 1+ monthly interest rate )× repayment months].
The maximum amount of provident fund loans in various cities should be combined with specific conditions; For residents who have borrowed money to buy a set of housing but whose per capita area is lower than the local average, and then apply for buying a second set of ordinary self-occupied housing, the preferential policy of purchasing ordinary self-occupied housing with the first loan shall be implemented mutatis mutandis.
2. Calculation formula of average capital: monthly repayment amount = monthly principal+monthly principal and interest; Monthly principal = principal/repayment months; Monthly principal and interest = (principal-total accumulated repayment) x monthly interest rate. The principal returned every month is always the same, and the interest will decrease with the decrease of the remaining principal. Average capital refers to the person who buys a house to repay the principal at a fixed amount every month.
The mortgage interest rate is the benchmark interest rate plus the floating ratio. If the benchmark interest rate is 4.9% and floating 10%, the mortgage interest rate is 4.9 %× (1+10%) = 5.39%. The floating ratio does not affect the loan amount, but the benchmark interest rate will. The basic quasi-interest rate will change at any time, but the interest rate increase or discount will always follow the loan until it is paid off.
What is the calculation formula of loan interest?
1, calculation of short-term loan interest:
Short-term loans (with a term of less than one year, including one year) shall bear interest at the legal loan interest rate of the corresponding grade on the signing date of the loan contract. During the loan contract period, in case of interest rate adjustment, interest will not be calculated by installments. Short-term loans are settled quarterly, and the 20th day of the last month of each quarter is the settlement date; If the interest is settled on a monthly basis, the 20th of each month is the interest settlement date. The specific interest settlement method shall be determined by the borrower and the lender through consultation. Interest that cannot be paid on schedule during the loan period shall be compounded quarterly or monthly according to the loan contract interest rate, and after loans overdue, at the default interest rate. When the last loan is paid off, the profit will be paid off with the principal.
2. Calculation of medium and long-term loan interest:
The interest rate of medium and long-term loans (with a term of more than one year) should be fixed at one year. The loan (including all the funds that should be allocated by installments within one year from the effective date of the loan contract) bears interest according to the legal loan interest rate of the corresponding grade on the effective date of the loan contract, and one year later, the interest rate of the next year is determined according to the legal loan interest rate of the corresponding grade at that time (the first loan is paid by installments).
To sum up, the above is the introduction of 202 1 the latest second home loan interest rate calculator. It should be clear to everyone. If you have any loan that is unclear, you can find a loan calculator to calculate it.