The total repayment amount is the sum of each repayment amount, including the principal part and the interest part. The repayment method of the loan includes equal principal and interest and average capital.

For most loans, the repayment method is equal principal and interest:

Repayment amount of each installment = loan principal × monthly interest rate ×( 1+ monthly interest rate )× repayment period /( 1+ monthly interest rate )× repayment period-1.

Total house price = down payment+repayment amount per installment * number of repayment installments.

Second, the legal basis

Interim Measures for the Administration of Personal Loans

Article 1 In order to standardize the personal loan business of banking financial institutions, strengthen the prudent management of personal loan business and promote the healthy development of personal loan business, these Measures are formulated in accordance with the Banking Supervision Law of the People's Republic of China, the People's Republic of China (PRC) Commercial Bank Law and other laws and regulations.

Article 2 People's Republic of China (PRC) and banking financial institutions established in China with the approval of China Banking Regulatory Commission (hereinafter referred to as lenders) shall abide by these Measures when engaging in personal loan business.

Article 3 The term "personal loans" as mentioned in these Measures refers to loans in local and foreign currencies issued by lenders to qualified natural persons for personal consumption, production and operation.

Article 4 Personal loans shall follow the principles of compliance with laws and regulations, prudent operation, equality, voluntariness, fairness and good faith.

Article 5 Lenders shall establish an effective whole-process management mechanism for personal loans, formulate loan management systems and operating procedures for each loan type, define the corresponding loan objects and scope, implement differentiated risk management, and establish an assessment and accountability mechanism for each operation link of loans.

Among them, you should pay attention to the following points: However, if the borrower withdraws the balance of the provident fund before the loan pays the house price, the balance of the provident fund in your provident fund account will be zero, and your provident fund loan amount will be zero, which means that you will not apply for a provident fund loan.