Matching principal and interest repayment method: during the repayment period, the same amount of loans (including principal and interest) are repaid every month, so that the monthly repayment amount is fixed, the expenditure of family income can be controlled in a planned way, and it is also convenient for each family to determine the repayment ability according to their own income.

Average capital Repayment Method: Repay the principal in equal amount every month, and then calculate the interest according to the remaining principal, so at the beginning, you will pay more interest because of more principal, so the repayment amount at the beginning is more, and then it will decrease every month. The advantage of this method is that the initial repayment amount is large, which reduces interest expenses and is more suitable for families with strong repayment ability.

Each has its own advantages.

1. How many types of bank loans are there?

At present, there are six kinds of bank loans.

1. Risk loan

Venture loan refers to a special loan issued by an individual who has certain production and operation ability or has engaged in production and operation activities, applies for the capital demand for starting or re-starting, and is recognized by the bank and provides effective guarantee. Eligible borrowers can get a single loan of up to 500,000 yuan according to their own resources and repayment ability.

2. Mortgage loan

For those who need to start a business, they can flexibly use personal consumption loans to start a business. The mortgage loan amount generally does not exceed 70% of the assessed value of the collateral, and the maximum loan amount is 300,000 yuan. Business needs to buy commercial housing along the street, you can apply for commercial housing loans from the bank with the proposed house as collateral. The loan amount generally does not exceed 60% of the appraised value of the proposed commercial house, and the longest loan period does not exceed 65,438+00 years.

3. Pledged loan

In addition to certificates of deposit, personal loans can easily obtain certificates such as treasury bills and insurance company policies. 80% of the loanable deposit certificate amount of the pledged loan; 90% of the denomination of the national debt that can be loaned by the national debt pledge loan; The amount of the loan pledged by the insurance company shall not exceed 80% of the cash value of the policy at that time.

4. Guaranteed loan

If you don't have certificates of deposit, government bonds or insurance policies, but your spouse or parents have a better job and a stable income, it is also an excellent credit resource. At present, banks have a soft spot for high-income groups, and lawyers, doctors, civil servants, employees of public institutions and financial professionals are all listed as preferential targets for credit loans.

Employees in these industries can get about 654.38+10,000 yuan of secured loans from financial institutions such as ICBC and China Construction Bank only by looking for one or two colleagues to guarantee, and they can get approval documents on the day when all kinds of materials are ready, so as to quickly obtain venture capital.

5. Microfinance

According to "laid-off workers under 60 years old, healthy, honest and trustworthy, with certain labor skills, who are engaged in self-employment, self-employment, partnership or organized employment, they can apply for small secured loans from commercial banks or their branches with a re-employment concession card issued by the labor and social security department.

Entrepreneurs can hire laid-off and unemployed people. After consultation, they can apply for unemployment loans with a re-employment concession card. Everyone can borrow up to 20,000 yuan, and the interest rate is the lowest among local bank loans. Enterprises can take laid-off workers 10 and enjoy low-interest loans of up to 200,000 yuan.

6. International trade financing

International trade financing refers to short-term financing or credit facilities provided by the government and banks to import and export enterprises related to import and export trade settlement. These businesses include letter of credit opening, import bills, delivery guarantee, export bills, packaged loans, discount of foreign exchange bills, international factoring financing, forfaiting, export buyer's credit and so on.