The repayment methods of bank loans are generally divided into two types, namely equal principal and interest repayment and equal principal repayment.
1. Equal principal and interest repayment method: also known as regular interest payment method, that is, the borrower repays the loan principal and interest in equal amount every month, in which the monthly loan interest is calculated according to the remaining loan principal at the beginning of the month and settled every month. Add up the total principal and interest of the mortgage loan and distribute it evenly to each month of the repayment period. As a repayment, he pays a fixed amount to the bank every month, but the proportion of principal in the monthly repayment increases month by month, and the proportion of interest decreases month by month.
2. Repayment of equal principal: the lender will allocate the principal to each month and pay off the interest from the previous trading day to the repayment date. Compared with the matching principal and interest, the total interest cost of this repayment method is lower, but the principal and interest paid in the early stage are more, and the repayment burden is reduced month by month. This method is very suitable for people with higher income, but it is predicted that their income will decrease in the future. In fact, many people over middle age, after a period of efforts, have a certain economic foundation. Considering that their income may decrease with retirement and other factors, they can choose this way to repay their debts.
3. How to choose: the repayment amount of "equal principal and interest repayment method" is the same every month. For young people who have just worked, it is better to choose the "equal principal and interest repayment method", which can reduce the repayment pressure in the early stage. For middle-aged people who already have economic strength, the effect of "average capital repayment method" is ideal. Paying more at the peak of income can reduce the pressure of repayment in the future and reduce interest expenses by prepayment. In addition, the equal principal and interest repayment method is relatively simple to operate, and the monthly amount is fixed and does not need to be calculated. In short, the repayment method of equal principal and interest is suitable for borrowers with low current income, small burden group and steady growth of expected income, such as some young people. average capital repayment method is suitable for borrowers with certain savings but increasing family burden, such as middle-aged and elderly people. Summary is equal principal and interest repayment: suitable for groups with stable income; Equal principal repayment: suitable for people with higher income.
Second, how does the rural commercial bank Huang Jin e-loan repay?
The repayment method of e-loan of rural commercial bank is equal principal and interest repayment, that is, the borrower repays the principal and interest of the loan in equal amount every month, and calculates the monthly loan interest according to the remaining loan principal at the beginning of the month and settles it every month.
Because the monthly repayment amount is equal, in the initial monthly repayment of the loan, after excluding the interest settled on a monthly basis, the loan principal is less.
Third, how to repay the loan of Ping An Bank?
Step 1: Check whether there is a certain penalty for prepayment in the loan contract. Step 2: Call the required information such as interbank loan and minimum loan amount. Step 3: Apply for advance payment from relevant departments according to the requirements of the bank. Step 4: The borrower goes to the loan bank with relevant documents and goes through relevant formalities before repaying the loan. Application form, and deposit prepaid documents at the counter: 1, ID card, household registration book (I change pages) and its copy 2, spouse ID card, household registration book (I change pages) and its copy 3, proof of marital status, marriage certificate or divorce certificate 5, sales contract and loan contract, repayment list or repayment.
Ping An Bank is a commercial bank established with the consent of the CBRC, and can carry out loan business. 20 19 was newly issued in the first half of the year, with 76.3%; 2065438+At the end of June 2009, the loan balance of private enterprises was .2%. From 2065438 to 2008, Ping An Bank made innovations in hydropower loans, aquaculture loans and other fields, and extended them to Yunnan, Guangxi, Shaanxi, Guizhou and other provinces. In the first half of 20 19, the "village official project" was 200 million yuan. When applying for a loan from Ping An Bank, the loan type requires different conditions. The amount and interest rate of mortgage loan and operating loan will be different when handling.
The basic conditions for handling a loan include: the borrower 18 years old, with full capacity for civil conduct; Have a stable job and be able to repay the arrears on time; Personal credit is good; Submit the bank flow for the last six months and you can get a loan. Ping An Bank can apply for a loan online, and then come and sign the contract after approval, so as to save you running around. After registration, bind the account manager code. If you have registered and forgot your password when logging in, you can get your password back by forgetting it. Remember to click Home-Top Right-Enjoy Service before applying, check whether the product manager is correct, modify the product manager, and then log out and log in again.
Fourth, how to repay the bank loan?
Why didn't you do online banking at the loan office? . . Online banking is not subject to geographical restrictions, so direct online repayment is ok. Repayment of off-site loans can only be operated on self-service machines, and repayment can be free.