There are two methods to calculate the interest of housing loans, namely, the equal principal and interest method and the average capital method. When the interest is calculated by the equal principal and interest method, the interest is equal to the monthly repayment amount multiplied by the number of loan months and then the principal is subtracted; When calculating interest by the average capital method, the interest is equal to the principal multiplied by the monthly interest rate and then multiplied by half of the loan months. Lenders can choose the repayment calculation method according to their own needs.

What is the interest rate of the house loan?

There are two kinds of housing loans, commercial loans and personal provident fund loans. The interest rates are as follows:

1, the benchmark annual interest rate of commercial loans: 0-6 months (inclusive), and the annual interest rate: 4.35%; 6 months-1 year (inclusive), with an annual interest rate of 4.35%; 1-3 years (including 3 years), with annual interest rate of 4.75%; 3-5 years (including 5 years), with an annual interest rate of 4.75%; 5-30 years (including 30 years), with an annual interest rate of 4.90%;

2. Benchmark interest rate of personal provident fund loans: the benchmark interest rate of short-term loans for less than five years (including five years) is 2.75%; The benchmark interest rate for long-term loans over five years is 3.25%. However, the loan interest rate should be comprehensively evaluated according to the business variety, credit status and guarantee method applied by the lender.

The process of buying a house with a loan

1, to understand the credit situation.

First of all, if you want to borrow money to buy a house, buyers must first check whether the personal credit information meets the loan conditions, and the inspection-free house is also optimistic. When they are ready to buy, they find that their credit information is unqualified and they are in a passive position.

Step 2 know the bank

Before applying for a loan, buyers can go to the bank for consultation, asking about the loan application conditions, interest rate, approval time and lending time, and then comparing them and choosing a bank with high cost performance.

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Bank housing loan interest rate

Because of rising house prices, many people can't pay off their house prices in one lump sum, so they choose mortgage loans to buy houses. Buying a house with a loan means spending future money to buy a house. What is the interest rate for buying a house with a bank loan? Let's take a look with Bian Xiao.

First, the bank loan interest rate.

1. At present, the interest rate of commercial loans with a loan term of more than five years is 4.9%. Due to restrictions on purchases and loans in various places, banks have different adjustments to the interest rate of the first home loan. According to the survey, the average loan interest rate of the first home in China is 5.38%, and most loan interest rates have risen by about 5% to 20%. The interest rate of second-home loans mostly rises 10% to 30%. During the same period, the interest rate of provident fund loans was 3.25%, and the interest rate of second-home loans mostly rose by about 10%.

2. The definition of the second suite is that the number of housing loan sets is determined by the family of the loan applicant (including the loan applicant, the spouse of the loan applicant and the minor children of the loan applicant). Families who have used provident fund loans or commercial loans to buy houses and apply for housing loans again are regarded as two suites.

Second, the basic knowledge of housing loans

1, calculation method of bank loan interest rate

(1) Calculated by year: generally expressed as a percentage.

The calculation formula is: interest = loan balance at the beginning of the month × monthly interest rate × months.

(2) Monthly calculation: generally indicated by a dial indicator.

The calculation formula is: interest = housing loan balance × daily interest rate × actual occupied days.

(3) Daily calculation:

The calculation formula is: daily interest rate = monthly interest rate ÷30 or annual interest rate ÷360.

2. Penalty interest on bank loans

(1) Penalty interest refers to the interest charged by the bank to urge the lender to repay when the loan applicant is overdue, so as to improve the lender's repayment enthusiasm and initiative.

(2) The penalty interest shall be calculated on a daily basis, and the daily interest rate of the loan contract shall be increased by 30% to 50%. Stop the penalty interest when repaying the loan. If the lender defaults on interest, compound interest will be calculated daily according to the interest rate of the loan contract.

So much for the basic knowledge of bank loan interest rate and housing loan. Friends must pay attention to the interest rate of bank loans when buying a house, and then apply for loans according to their own needs to ensure that their loans can be handled smoothly.

What's the interest rate of the house loan?

Nowadays, with the continuous growth of housing prices, many people basically apply for bank loans to buy houses, which means that they need to pay certain interest. Then, what is the interest rate of housing loans, and what aspects should be paid attention to in bank loans? Do you know that?/You know what? Now let's have a look.

1. What's the interest rate of the house loan?

If the loan is only 1 year or less, the interest rate is 4.35%; If the loan is in 1~5 years, the interest rate is 4.75%; If the loan is over 5 years, the interest rate is 4.90%. Due to the restricted purchase policy, the interest rate for buying the first suite rises by 5%~20%, and the interest rate for buying the second suite rises by 10%~30%.

Second, what aspects should be paid attention to in bank loans?

1. Apply for the house payment according to your own ability.

Buying a house loan does not mean that the bigger the amount given by the bank, the better. The greater the amount, the higher the interest required, and the greater the pressure on yourself. So you need to choose the loan amount according to your own economic situation and monthly work situation.

2. Prepare loan materials in advance.

For the materials needed for the loan, be sure to get them ready when you go to the bank to apply for a loan, so as not to waste time. In addition, it should be noted that if there is a problem with personal credit information, the records must be cleared immediately so as not to affect the loan processing.

3. Be sure to provide authentic materials.

When applying for a loan, you should ensure the authenticity of the materials. If the bank staff found false elements in the audit, they would not grant loans, or the bank refused to apply for loans, causing breach of contract and giving certain penalties.

4. Understand the repayment method

There are two ways of bank loans: equal principal and interest and average capital. As for which loan to choose, it needs to be considered in combination with personal economic strength. The former has little repayment pressure, but needs high interest; The latter has a high monthly supply and great pressure.

5. There is no need to repay the loan in advance within1year.

Bank loans will be stipulated, so after the house loan is issued, it cannot be repaid within 1 year. If it is to be repaid, it will take 1 year and the repayment amount will be repaid in half a year.

What is the interest rate of home buyers' loans? The precautions for bank loans are introduced here first. Are you clear? If you are going to buy a house with a loan, you need to choose a suitable loan method, so as to ensure that the pressure of life in the future will not be too great.

So much for the introduction of housing loan interest rate.