Equal principal and interest repayment method, also known as regular interest payment method. That is, you repay 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 person, he will return a fixed amount to the lending institution every month, but the proportion of principal in the monthly repayment amount will increase month by month and the proportion of interest will decrease month by month.

Repayment method of average capital, also known as equal principal and interest repayment method. 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.

There is no absolute advantage or disadvantage between these two repayment methods. The monthly repayment amount of equal principal and interest is fixed for borrowers who have a stable source of family income throughout the loan period. Average capital's repayment method is that the monthly repayment amount decreases month by month, and the initial repayment pressure is greater than the later one, which is more suitable for borrowers who already have some savings, but their expected income may gradually decrease.

As there are differences in policies and requirements for individual housing provident fund loans in various housing provident fund management centers, please consult China Bank's provident fund loan business outlets or local provident fund management centers for details.

The above contents are for your reference. Please refer to the actual business regulations.

How much is the interest on the provident fund loan?

Although there is no obvious upward trend of housing prices in China, ordinary people are still under pressure, so buying a house will require loans, but the interest of ordinary commercial loans is also relatively high, while the interest of provident fund loans will be lower. How much is the interest on the provident fund loan in Malaysia?

1. What is the interest on the provident fund loan?

1.20 15 years1October 24, the adjustment of the interest rate of provident fund loans was implemented. The annual interest rate of provident fund loans for more than five years is 3.25%, and the monthly interest rate is 3.25% divided by 12. The annual interest rate of provident fund loans for less than 5 years is 2.75%. Later, the central bank adjusted the benchmark interest rate of provident fund loans. The annual interest rate of provident fund loans for more than five years is 4%, and the annual interest rate of provident fund loans for less than five years including five years is 3.5%.

2. Matching principal and interest repayment method The calculation method of provident fund loan interest is as follows:

① Monthly repayment amount = [Monthly loan principal interest rate (1 interest rate) repayment months ]/[( 1 interest rate) repayment months]

② Monthly interest payable of provident fund loan = monthly interest rate of loan principal [( 1 interest rate) repayment months -( 1 interest rate) (repayment month serial number-1)] [(1interest rate) repayment months-1]

(3) Monthly repayment principal of provident fund loan = monthly interest rate of loan principal (65438+ 10) (repayment month serial number-1)/[(65438+ 10) repayment months-1]

④ Total interest = repayment months, monthly repayment amount-loan principal.

3. The calculation of the loanable amount of the provident fund needs to be determined according to the repayment ability, real estate price, the maximum loan amount and the balance of the housing provident fund account. The minimum value calculated by combining these four conditions is the maximum loanable amount:

① Calculation of loan capacity: loan amount = [(total monthly salary of borrower or spouse, monthly contribution of housing accumulation fund of borrower or spouse's work unit) repayment capacity coefficient 40%- monthly repayment amount of existing loan of borrower or spouse] 12 (month) loan period. Total monthly salary = monthly contribution of provident fund/(proportion of unit contribution and proportion of individual contribution)

② Housing price calculation: loan amount = housing price loan ratio.

③ Calculation of the maximum loan amount: If only individuals have paid the provident fund, the maximum loan amount is 500,000 yuan. If you and your spouse deposit the provident fund at the same time, the maximum loan amount is 700,000 yuan.

④ Calculation of the balance of the provident fund account: the loan amount of the provident fund = the borrower and the balance of the borrower's provident fund account 20.

Bian Xiao concluded: The above is the article that Bian Xiao shared for you today. How much is the interest on the provident fund loan? I hope the article shared by Bian Xiao can help everyone.

Which is better, the average score of provident fund loans or the equal principal and interest?

The average capital will be better.

Average capital repayment method divides the total loan into several equal parts during the repayment period, and generates the equal principal and interest generated by the remaining loans every month.

Because the monthly principal is gradually decreasing, the interest generated later will be less and less. Although the initial repayment pressure is relatively high, it will be very easy later.

Matching the repayment method of principal and interest, the principal gradually decreases, the interest decreases month by month, and the monthly repayment is the same. Therefore, compared with the matching principal repayment method, the disadvantage is that there are more interest expenses.

Interest accounts for most of the monthly loan in the initial repayment period, but this repayment method has no fixed repayment amount, which allows the borrower to better control the planned household expenditure and income.

To sum up, the two methods have their own advantages. Users can choose the repayment method according to family income. If they have enough income, the average capital seems better.

There are several main differences between the average capital and equal principal and interest of provident fund loans:

1. Whether it is a commercial loan or a provident fund loan, the difference between average principal and equal principal and interest is equal principal repayment, and the repayment amount of each installment is different, in which the principal of each installment is the same and the interest is different.

The average capital in the first period is large, but the second period is small, and the total interest is less than the equal principal and interest, because the principal returned in the previous period is more.

2. Repayment amount of each installment = total principal/number of installments, balance of principal in the previous installment, annual interest rate/12, balance of principal in the current installment = balance of principal in the previous installment/number of installments or balance of principal in the current installment = total principal-total principal/number of installments, number of installments and equal repayment of principal and interest. The total principal and interest of each installment are the same.

However, the principal and interest are different, and the principal in the prepayment is less and the interest is more.

3. The initial repayment amount in the average capital is relatively large. For low-income borrowers, the monthly payment just after buying a house will seriously increase the repayment pressure in the early stage of mortgage.

In addition, the interest rate of provident fund loans is lower than that of bank five-year time deposits, so there is no need to choose equal principal repayment or prepayment.

The more time you choose, the better, because the money you use to be happy is a five-year fixed deposit in the bank, which can also offset the loan interest and make a surplus.

Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social organizations and their employees.

The definition of housing provident fund includes the following five aspects:

1. The housing accumulation fund is only established in cities and towns, and the housing accumulation fund system is not established in rural areas.

2. Only on-the-job employees can establish the housing accumulation fund system. Unemployed urban residents and retired workers do not implement the housing provident fund system.

3. The housing accumulation fund consists of two parts, one part is paid by the employee's unit, and the other part is paid by the employee. After the employee's individual deposit is withheld by the unit, it will be deposited into the individual account of the housing provident fund together with the unit deposit.

4. The long-term nature of housing provident fund deposit. Once the housing provident fund system is established, employees must be paid continuously in accordance with the regulations during their employment, and shall not be suspended or interrupted except for employees' retirement or other circumstances stipulated in the Regulations on the Administration of Housing Provident Fund. It embodies the stability, unity, standardization and compulsion of housing provident fund.

5. Housing accumulation fund is a personal housing savings fund specially used by employees for housing consumption expenditure, which has two characteristics: accumulation and specificity.

Is the provident fund loan average capital or equal principal and interest?

Provident fund loans have both average capital and equal principal and interest.

Choose equal principal repayment, the monthly repayment principal is unchanged, and the interest is calculated according to the remaining unpaid principal, which is less than the equal principal repayment. However, this repayment method is very stressful at first, and it is better for people with better economic conditions to choose this repayment method. Choose equal repayment of principal and interest, with the same repayment of principal and interest every month, with less repayment pressure, but it is better for people with higher interest and lower income to choose this repayment method.

Provident fund, generally refers to the company's provident fund, is the amount of funds retained by the company outside its capital. According to whether the retention of provident fund is legally mandatory, provident fund can be divided into statutory provident fund and arbitrary provident fund. In addition, the housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions and their employees.

Second-hand housing provident fund loan process is as follows:

1. Application: Employees who intend to apply for second-hand housing loans should submit the borrower's (spouse's) salary income and housing provident fund deposit certificate (in triplicate) and the original and photocopy of the property ownership certificate before the transaction, and the business personnel will review and confirm whether the employee's housing provident fund deposit is normal (whether the employee's housing provident fund deposit meets the loan conditions needs to be finally confirmed when applying for the report) and whether the employee's (spouse's) salary income certificate is normal.

2. Guarantee: There are two ways to guarantee the remaining second-hand housing loans: phased guarantee plus mortgage and mortgage, and the borrower can choose independently according to his own actual situation;

3. Audit: After all loan application materials are submitted as required and approved, notify the bank to sign a loan contract with the borrower and go through the notarization procedures of the contract;

4. Lending: After the borrower has gone through all the above procedures, the Center will issue a Decision on Granting Loan to the entrusting bank to inform the bank to lend money;

5. Repayment: After a series of procedures, the buyer finally repays, and the buyer can repay the bank monthly according to the monthly repayment amount agreed in the loan contract.

Article 24 of the Regulations of People's Republic of China (PRC) Municipality on the Administration of Housing Provident Fund shall be under any of the following circumstances, and employees may withdraw the storage balance in their housing provident fund accounts:

(a) the purchase, construction, renovation and overhaul of owner-occupied housing;

(2) retirement;

(three) completely lose the ability to work, and terminate the labor relationship with the unit;

(4) Having left the country to settle down;

(5) Repaying the principal and interest of the house purchase loan;

(six) the rent exceeds the prescribed proportion of family wage income.

In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time.

If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.