What are the repayment methods of house loans?
1, equal repayment of principal and interest
Matching principal and interest repayment is a popular repayment method at present, and it is also a repayment method recommended by banks. The borrower repays the principal and interest of the loan with the same amount every month, that is, the total principal and interest of the loan are added up and then distributed evenly to each month of the repayment period.
2. Equal principal repayment
The repayment method of average capital is also commonly used by banks at present, which is suitable for people with higher income at present, but who have predicted that their income will decrease in the future.
3. One-time repayment of principal and interest
One-time repayment of principal and interest actually refers to the way of early repayment. If the bank stipulates that the loan term is within one year (including one year), the principal and interest will be repaid at the maturity, and the interest will be paid with the principal.
4. Pay interest and repay the principal on schedule.
If the buyers choose to repay the principal and interest on schedule, they need to negotiate with the bank to make different repayment time units for the loan principal and interest return.
What are the advantages and disadvantages of 20-year and 30-year loans?
1. In fact, regarding this issue, Bian Xiao wants to give an example to illustrate: Take the total house payment 1 10,000 as an example, with a down payment of 300,000 yuan and a loan of 700,000 yuan. According to the current benchmark interest rate, if the loan term is 20 years, the monthly repayment is 45,865,438+0 yuan, and the total interest is 399,466 yuan. If the loan lasts for 30 years, the monthly repayment is 37 15, and the total interest is 63743 1 yuan.
2. Therefore, from the above data, it can be seen that the repayment pressure of 866 yuan per month is 30 years less than that of 20 years' loans, but at the same time, it pays an extra interest of 238,000 yuan to the bank.
3. The longer the loan term, the less the monthly payment. You can get more loans according to your repayment situation, so that you can buy a bigger house with a better location, regardless of the apartment type, location, area, supporting facilities or location.
4, buy a house in the case of enough down payment to buy a small redundant set, then after having children, you should consider changing to a bigger set, you can get it in place at one time. However, in the case that the buyer has extra deposits and has no other purposes, it is best to pay more down payment, reduce the loan amount, and then choose the loan time according to his monthly repayment ability. The shorter the time, the less interest they pay to the bank.
5. If there is extra deposit in the house and there are other development methods, it is better to pay less down payment and more loans, because the interest rate of housing loans is low, and the return on other development may be greater than the interest paid to the bank.