Question 2: What does monthly payment mean? Your formula is wrong.
The calculation formula of equal principal and interest is: [loan principal × monthly interest rate ×( 1+ monthly interest rate )× repayment months ]⊙[( 1+ monthly interest rate )× repayment months]
Average fund calculation formula: monthly repayment amount = (loan principal/repayment months)+(principal-accumulated amount of repaid principal) × monthly interest rate.
In which symbols represent power.
For example. According to the repayment method of equal principal and interest (the same monthly principal and interest), your loan is 654.38+ 10,000 yuan, 654.38+00 years.
At present, the annual interest rate of 10 loan is 5.94%, which translates into a monthly interest rate of 5.94%12 = 4.950 ‰.
The principal is 654.38 million yuan, and the repayment months are 10× 12= 120.
Monthly repayment amount =100000× 4.950 ‰× (1+4.950 ‰)120/(1+4.950 ‰)120-/kloc-
General capital is relatively simple, so I won't give an example.
I hope I can help you! The answer comes from: Baidu real estate exchange group, so stay tuned!
Question 3: What does a monthly mortgage mean? Repay the principal and interest every month. Mortgage loans generally adopt the method of equal principal and interest or equal principal repayment.
Under the condition that the loan interest rate remains unchanged: the total monthly repayment amount of equal principal and interest remains unchanged, in which the principal part increases month by month and the interest part decreases month by month, and the repayment pressure will be relatively small; The total monthly contribution in the average capital decreases month by month, and the principal remains unchanged every month. At first, the repayment interest is relatively high, and the repayment pressure is relatively high, but it will save some interest than the repayment method of equal principal and interest.
Question 4: What does "monthly payment" mean? Monthly mortgage is the mortgage you pay to the bank every month when you buy a house as a mortgage.
For example, if you want to buy a house, but you don't have enough money in your hand, you need to borrow money from the bank, and it is difficult to get a loan. Before the bank gives you a loan, you need to take your house as collateral.
This is usually called 70% to 20% mortgage.
For example, if your house has a market value of 300,000 yuan and a down payment of 90,000 yuan, you can mortgage 2 1 0,000,20 years.
I think you are still young and should be able to keep it for 20 years.
Finally, lend the money, 265,438+0,000 minutes for 20 years (that is, 240 months), and you pay the monthly payment to the bank (interest rate+principal).
Question 5: What does monthly car loan mean? A car loan is a loan to buy a car.
Monthly mortgage refers to the monthly repayment amount that the lender should pay to the lending bank during the repayment period, including the principal and corresponding interest, when purchasing commercial houses and motor vehicles by bank mortgage.
Monthly car loan is the principal and interest paid to the bank every month by borrowing money to buy a car.
Question 6: What does monthly payment mean? Yuè gòng refers to the monthly repayment amount that the lender should pay to the lending bank during the repayment period, including the principal and corresponding interest, when purchasing commercial houses and motor vehicles by bank mortgage.
Repayment method:
At present, the repayment methods of mortgage loans in China are: one-time repayment with a loan term of 1 year, equal repayment or equal principal repayment with a loan term exceeding 1 year.
Under the equal repayment method, the monthly repayment amount is the same, but the principal part increases month by month and the interest part decreases month by month. During the repayment period, the total interest expense paid is higher than the repayment method in average capital.
Under the repayment method of average capital, the monthly repayment amount decreases month by month, in which the principal part remains unchanged and the interest part decreases month by month. The total amount of interest paid during the repayment period is lower than that of the equal repayment method, but the amount of repayment in the early stage (including principal and interest) is higher than that of the equal repayment method.
Question 7: What does monthly payment mean? Zero monthly supply means zero monthly supply burden. After deducting the down payment, the remaining money will be paid in one lump sum after one year of consumption, and users do not need to pay monthly within one year. If the user needs to postpone the loan after one year, he can continue to apply for the loan.
Question 8: What does the monthly mortgage payment mean by ×45 times or ×70 times? It means that the monthly repayment amount of your mortgage is multiplied by 45 times or 70 times.
Question 9: What is the monthly mortgage payment? That is, you buy a house without paying all the cash, and then take your property to the bank for mortgage.
Question 10: What does it mean for students to pay monthly? You can choose 0 down payment and pay back in installments every month, but the student loan face-to-face signing is more troublesome. If necessary, you can search and post "wooden popsicles". The credits of professional college students are in stages.