How to use the housing loan calculator
When determining the repayment method of principal and interest equal to the average capital for commercial loans, monthly payment _ total interest and total repayment _ short-term loans generally choose one-time repayment of principal and interest or installment repayment of principal and interest, and this calculator is not applicable.
Operation flow: Step 1: First, choose your repayment method: the average capital is still the same principal and interest, and fill in the commercial loan term _ loan amount and loan practice interest rate; Step 2: Decide whether to display repayment details, and click "Bookkeep" button to obtain detailed information such as monthly repayment amount, total loan interest, total repayment amount in each installment _
Characteristics of accounting methods for housing loans;
Features 1: You can choose any loan type-commercial loan _ provident fund loan, or different loan types such as portfolio loan, and successfully integrate multiple housing loan accounting devices into one _
Function 2: Collect all kinds of mortgage interest rate calculator-the calculator comes with the loan interest rate of the past years _ provident fund loan interest rate, and you can also customize the loan interest rate _.
Feature 3: Choose different loan types _ repayment methods _ term, etc. Form multiple loan schemes and automatically save them in a list to facilitate comparison and choose the most economical and suitable loan scheme!
Function 4: Accounting results can be exported _ printed! Summarizing the accounting results of different lending schemes can be exported and printed.
What should I know about buying a house loan?
1_ Commercial loans are used to make up the working capital of industrial and commercial enterprises. Generally speaking, it is short-term loans, usually 9 months, not more than one year at most, but there are also a few medium-and long-term loans. This kind of loan is the main part of commercial bank loans, accounting for more than one third of the total loans.
2_ When determining the repayment method of principal and interest equal to the average capital of commercial loans, the monthly repayment amount _ total interest and total repayment amount _
According to the general mortgage repayment method, there are two accounting formulas:
1. Accounting formula of equal principal and interest: accounting standard: the bank collects the remaining principal interest from the monthly contribution, and then the principal; The interest share in the monthly payment decreases with the decrease of the remaining principal, and the principal share in the monthly payment increases due to the increase, but the total monthly payment remains unchanged.
It should be noted that: 1_ The maximum amount of provident fund loans in various cities should be checked in detail according to local conditions;
2_ For residents who have borrowed money to buy a house, but their per capita area is lower than the local average, and then request to buy a second set of ordinary self-occupied housing, the preferential policy of purchasing ordinary self-occupied housing with the first loan shall be implemented mutatis mutandis _
Two _ average capital accounting formula:
Monthly repayment amount = monthly principal+monthly principal and interest
Monthly principal = principal/repayment months
Monthly principal and interest = (principal-total accumulated repayment) multiplied by monthly interest rate.
Accounting standard: the amount of principal repaid every month is always the same, and the interest will decrease with the decrease of remaining principal.
What should be paid attention to in the calculation of housing loan
1. compound interest: compound interest means adding interest according to the necessary interest rate _ According to the requirements of the central bank, if the lender fails to repay the interest within the time limit agreed in the contract, it will be added with compound interest _
2. Penalty interest: If the borrower fails to repay the bank loan within the prescribed time limit, the penalty interest of the bank to the defaulter according to the contract signed with the parties is called bank penalty interest.
Three. Liquidated damages for overdue loans: the nature is the same as the penalty interest, and the reward and punishment measures for the defaulting party _
4. Formulation and filing of interest-bearing methods.
The interest-bearing and settlement requirements and interest-bearing methods for deposit and loan affairs drawn up by national commercial banks as legal persons shall be reported to the head office of the People's Bank of China for the record and notified to customers; Regional commercial banks and urban credit cooperatives shall report to the branch of the People's Bank of China _ provincial capital city center branch for the record and notify customers; Rural credit cooperatives as legal persons may, according to the actual situation of county rural credit cooperatives, formulate the interest settlement requirements and interest-bearing methods for deposit and loan affairs.
Everyone knows the latest calculation method of housing loan, and you can use related software to calculate housing loan.