2. Bank outlet inquiry. In this way, you can also find more detailed repayment information, and you can consult the bank staff if you don't understand.
3. Bank customer service telephone inquiry. The information that can be found in this way is relatively simple, and generally only the total balance can be found.
Mortgage repayment method
1, equal repayment of principal and interest
Matching principal and interest repayment method is the default repayment method of banks, which means that borrowers repay loan principal and interest with the same amount every month, also known as matching principal and interest repayment method.
Calculation method of equal principal and interest repayment: [loan principal × monthly interest rate ×( 1+ monthly interest rate )× repayment months ]=[( 1+ monthly interest rate )× repayment months].
The characteristic of equal principal and interest repayment is that the principal and interest of monthly repayment are the same. Although this repayment method is easy to budget and the initial repayment pressure is reduced, the interest of initial repayment accounts for most of the monthly repayment, and the proportion of principal in repayment gradually increases and the proportion of interest gradually decreases, thus achieving a relative balance. The interest paid by this repayment method is high, but the pressure of prepayment is not great. This repayment method is suitable for ordinary wage earners.
2. Repayment by average capital
Average capital repayment method is that the borrower repays the principal in equal amount every month, and the loan interest decreases month by month with the principal, and the repayment amount also decreases month by month, so it is also called diminishing method.
Calculation formula of equal principal repayment: monthly repayment amount = (loan principal/repayment months)+(principal-accumulated amount of repaid principal) × monthly interest rate.
The repayment method in average capital is characterized by monthly repayment of principal and daily calculation of interest according to the loan principal amount. The early repayment is large, and the monthly repayment is gradually reduced. The interest paid by this repayment method is low, but the pressure of prepayment is great. Therefore, this repayment method is suitable for families with better economic income.