There are two kinds of applications: commercial loans and provident fund loans:

I. Commercial loans

According to the benchmark personal loan interest rate of 4.9% for 20 19 years, the monthly mortgage payment of 40 15 is 3 142.38 yuan. Because the interest rate fluctuates by 30%, the monthly payment is between 2845.8 yuan and 3455.8+0 yuan.

Second, provident fund loans.

According to the current benchmark interest rate of provident fund loans of 3.25%, the monthly mortgage payment of 40 15 is 28 10.68 yuan.

The above calculation is the case of equal principal and interest. The calculation of average capital is complicated, so you can find a special website to calculate it.

Average capital and equal principal and interest repayment methods have their own advantages and disadvantages. The average capital repayment method is to divide the total loan into equal parts during the repayment period, and repay the same amount of principal and interest generated by the remaining loans in the month every month. Because the monthly repayment principal is fixed, the interest is getting less and less, and the monthly repayment amount is also decreasing, so the borrower is under great pressure to repay at first, but as time goes by, the monthly repayment amount is getting less and less.

Matching principal and interest repayment method: the principal increases month by month, the interest decreases month by month, and the monthly repayment amount remains unchanged. Compared with the repayment method of average capital, the disadvantage is that the interest on expenditure is more, and the interest at the initial stage of repayment accounts for most of the monthly contributions. However, the monthly repayment amount of this method is fixed, which not only allows the borrower to control the household income and expenditure in a planned way, but also facilitates each family to determine the repayment ability according to their own income.

Extended data

Mortgage application information

1. The borrower's valid ID card and household registration book;

2. Proof of marital status, unmarried persons need to provide proof of unmarried, and divorced persons need to issue a civil mediation or divorce certificate (indicating that they have not remarried after divorce);

3. If you are married, you need to provide your spouse's valid ID card, household registration book and marriage certificate;

4. The borrower's income certificate (salary income certificate or tax payment certificate for half a year);

5. Real estate title certificate;

6. Guarantor (ID card, household registration book, marriage certificate, etc. Is required)