Without housing provident fund, you can't use provident fund loans, only commercial loans can be used. According to 20 15- 10, the commercial loan for more than five years is 5. 15%. The loan of 550,000 yuan will be paid off in 30 years. The equal principal and interest will be repaid 3003 per month, and the total interest will be 53 1 13 1 yuan. The equal principal repayment is RMB 3,888 in the first month and RMB 6.56 every month thereafter, with a total interest of RMB 426,055. The specific repayment method is as follows:

Equal principal and interest:

The total loan amount is 550,000.00 yuan.

Repayment months: 360 months

The monthly repayment is 3003. 14 yuan.

Total interest paid is 53 1 13 1.93 yuan.

Total principal and interest1081131.93 yuan.

Average capital:

The total loan amount is 550,000.00 yuan.

Repayment months: 360 months

The repayment in the first month is 3888. 19 yuan.

Decreasing monthly: 6.56 yuan

The total interest paid is 426,055.21yuan.

The total principal and interest is 976,055.265,438+0 yuan.

Materials to be submitted when applying for a loan:

(1) ID card;

(2) Proof of the borrower's repayment ability;

(3) Legal and effective purchase (construction or overhaul) contracts, agreements or (and) other approval documents;

(4) proof of down payment;

(5) loan guarantee materials;