The formula for calculating the monthly repayment amount of equal principal and interest is: [loan principal x monthly interest rate x( 1 interest rate) repayment months ][( 1 interest rate) repayment months-1]
Calculation formula of monthly repayment amount in average capital: monthly repayment amount = monthly principal and interest; Monthly principal = principal/repayment months; Monthly principal and interest = (total accumulated principal repayment) x monthly interest rate
Housing loan, also known as housing mortgage loan, is an application form for housing mortgage loan, ID card, income certificate, housing sales contract, guarantee and other legal documents filled out by the buyer to the loan bank. , must be submitted. After passing the examination, the loan bank promises the loan to the buyer, and handles the real estate mortgage registration and notarization according to the house sales contract provided by the buyer and the mortgage loan contract concluded between the bank and the buyer. The bank directly transfers the loan funds to the sales unit within the time limit stipulated in the contract.
Second, how to calculate the monthly mortgage payment?
If you are going to borrow from China Merchants Bank, the specific monthly payment depends on your loan execution interest rate, term and repayment method. You can try to make monthly payment through China Merchants Bank official website or mobile banking, and the trial results are for reference only.
Mobile banking: After logging in to mobile banking, click "My-All-Assistant-Wealth Calculator-Loan Calculator" and enter information such as amount and annual interest rate in the opened interface to calculate the loan repayment amount.
skill
1. You can choose different repayment methods to calculate the loan principal interest.
2. This calculator is used for the trial calculation of commercial loans of one-card savings card, excluding the trial calculation of credit card e-loan and cash advance.
Home page of China Merchants Bank: After logging in to the home page of Netcom, slide the page down to the middle position, and click on the financial tool-personal loan calculator to try to repay the loan every month.