Installment payment: (1) equal principal and interest equal principal and interest method formula (n is the number of months): monthly repayment amount = principal * monthly interest rate *[( 1+ monthly interest rate) n]/[( 1+ monthly interest rate) n- 1]. Among them, the symbol is the number of times, such as 2 3 = 2 * 2 * 2 = 8 (2) Average monthly repayment amount of funds = (loan principal ÷ repayment months)+(principal-accumulated amount of repaid principal) × monthly interest rate.
To apply for a loan from China Industrial and Commercial Bank, you need to provide information 1, and the original and photocopy of the valid identity certificate, household registration certificate and marital status certificate of the borrower and its spouse; 2. The original and photocopy of the annual inspection business license of individual industrial and commercial households, partnerships or enterprise legal persons; 3. Personal income certificates, such as personal tax payment certificates in Industrial Bank or other banks in the last six months, personal dividend certificates in business entities, rental income, deposits, national debt, funds and other average financial assets certificates; 4. Proof materials such as bank settlement account details or tax payment vouchers that can reflect the operating conditions of the borrower or its business entities; 5. The original and photocopy of the ownership certificate of the mortgaged property. Proof that the person who has the right to dispose of the property (including the property owner) agrees to mortgage. 6. If the loan is secured, relevant information of the guarantor shall be provided; 7. Other information required by the bank. The above is an introduction to some relevant situations, but in practice, different businesses have different loan interests, and the actual interest needs to prevail. Therefore, everyone needs to know more about the bank counter, so as to better understand the situation at that time and help handle it. If you have any other questions, you can consult Hualv.com legal experts online.