Early repayment is not allowed. There are two aspects here: first, we must choose a good way to repay the loan on schedule; The second is to choose a good way to repay the loan in advance. Let's first see which repayment method is more cost-effective. According to the bank's choice of housing loans, 90% people began to pay attention to the choice of repayment methods and reasonable loan term. In particular, some people with better expectations are more inclined to repay in advance. For these people, it is very important to choose the loan method: monthly repayment method and quarterly repayment method. Specific repayment can also choose "equal principal and interest repayment method" or "average capital repayment method". "More commonly used is the equal principal and interest repayment method, which is to repay in your account every month. In other words, the monthly principal will not only remain unchanged, but also change. The specific calculation formula is: monthly repayment amount = principal × monthly repayment amount coefficient. It can be seen that its characteristic is that the monthly repayment amount is fixed. At present, the average capital repayment method is not used much. It repays the loan at a fixed amount every month during your repayment period. That's true, but the monthly interest rate varies from year to year. The specific calculation formula is: monthly repayment amount = principal ÷ loan period (month) (principal-paid principal). The monthly repayment amount is not fixed, but changes with the change of monthly interest, which is a decreasing process. On May 30th, 2002, Mr. Wang bought a house of 400,000 yuan. The down payment is 6.5438+0.5 million, and the remaining 250,000 is used for 20 years and 240 months of commercial loans. If "equal repayment of principal and interest" (250,000× 66.22%). In which, the average monthly principal 104 1.67 yuan and the average monthly interest are 6 13.83 yuan. In 20 years, you have to pay back that much every month, including principal and interest, and you have to pay back 397 yuan, 320 yuan. If calculated by the "average capital repayment method", the average monthly principal is the same as the former, which is 104 1.67 yuan, but the monthly interest is different, so the monthly repayment amount is also different. The repayment amount in the first 1 month is 209 1.67 yuan (104 1.67 yuan, 250,000 yuan × 0.0042). The repayment amount in the second month is 2087.3 yuan11.67 yuan (250,000 yuan-104 1.67 yuan) ×0.0042). Every month and so on. By the 20th year, that is, the 240th month, Party A paid off 375 19 1.26 yuan. The former method has nothing to do with time, 1655.5 yuan per month; The latter repayment method is related to time, and the monthly repayment is different. Over time, the monthly repayment will be less and less. Judging from the monthly repayment amount, according to the monthly equal principal and interest repayment method, the monthly repayment amount is 1655.5 yuan; The principle of equal monthly principal repayment varies from month to month, in which the first month is 209 1.67 yuan and the second month is 2087.3 yuan. Compared with 1 month, the average principal repayment method is 436.38+07 yuan more than the equal principal repayment method. The repayment method in average capital is 4,265,438+0.8 yuan more than the repayment method of equal principal and interest. It can be seen that the repayment method of average capital is stressful in the early stage, but with the passage of time, your pressure will gradually decrease. Judging from the monthly repayment interest, the principal has always been greater than the interest, the principal and interest are fixed, and the interest paid is naturally more; In the repayment method of average capital, the interest is greater than the principal at first, but most of the time the principal is greater than the interest, but the interest is decreasing year by year, and the result is that the interest paid is relatively small. The 20-year repayment amount of the matching principal and interest repayment method is 397 320 yuan, of which the total interest is 147 320 yuan; The average capital repayment method has a total repayment amount of 375 19 1.26 yuan in 20 years, in which the total interest is 125, 19 1.26. Which repayment is more cost-effective? " The average capital repayment method is more cost-effective. Why is the average capital repayment method more cost-effective? As can be seen from the above example, on the one hand, the repayment method in average capital is under great pressure at the initial stage of repayment, but the repayment of its principal is decreasing month by month, and it will be easy in the future. On the other hand, the repayment method of average capital pays 2,265,438+0,287.74 yuan less interest than the repayment method of equal principal and interest. What kind of person is suitable for the "average capital repayment method"? Not everyone will use the "average capital repayment method" to repay loans. It depends on your own financial plan. For people with diversified income or income, the "average capital repayment method" may be adopted; If you have sufficient funds now and don't plan to repay in advance, I suggest you also use the "average capital repayment method" to repay. Because, although this repayment method has great financial pressure in the early stage, it can alleviate the pressure in the future. Its characteristic is that with the passage of time, the less repayment, the easier it is. If you are a civil servant, an ordinary teacher, a general scientific researcher, or a person with stable and non-competitive work, I suggest you choose the "equal principal and interest repayment method".
Second, how to calculate the monthly mortgage loan for shops?
At present, the loan interest rate of commercial loans is calculated according to the benchmark interest rate floating 10%, which is 5.65 times of 1, that is, the interest rate of 6.2 15. According to the calculation method of equal principal and interest, you need to repay 8968 yuan per month. The calculation principle of interest is compound interest on a monthly basis. The specific calculation principle can be found in Baidu.
Three. Commercial loan calculation formula
Equal principal and interest repayment method: repay the loan principal and interest in equal amount every month, in which the interest decreases month by month and the principal increases month by month. Planned monthly repayment amount of equal principal and interest = [loan principal× monthly interest rate× (1interest rate )× repayment months ]=[( 1 interest rate )× repayment months]. Average capital repayment method: repay the average capital every month and reduce the interest part every month. Average planned monthly repayment amount of funds = (loan principal ÷ repayment months) (loan principal-accumulated repaid principal) × monthly interest rate. Submit a loan application: When you have signed a house sales contract, you can apply for a commercial loan from the bank. Whether it is a first-hand mortgage or a second-hand mortgage, it is necessary to submit the complete materials approved by the bank to the bank for review, which is the most important step in the commercial loan process. Mainly including ID card, household registration book, original and copy of marriage certificate; Foreign household registration needs to provide temporary residence permit or residence permit; Income certificate issued by the work unit; Sales contract, down payment invoice or receipt; Wage flow or other proof of assets in the past six months. In addition to the above five materials, different banks have different requirements for commercial loans, and other materials required by loan banks should be inquired in detail. Investigation accepted by the bank: the bank will review the application materials of the loan applicant after receiving them. The general review time for commercial loans is 15 working days, and the longest time shall not exceed 1 month. During the bank investigation, the loan applicant will be asked to supplement some information according to the situation. Therefore, the loan applicant needs to keep in touch with the bank during this period. Bank verification and approval: the loan bank will verify several aspects: the situation of the house, the qualification and credit status of the borrower, etc. This is an important link in the process of commercial loans. If the credit of the loan applicant is not good, it will directly lead to the failure of the loan application, so it is very important to accumulate good personal credit in life. Both parties shall go through relevant formalities: the bank informs the loan applicant that after the loan is approved, it is necessary to open an account in the bank, get a debit card and sign a loan contract. At the same time, handle mortgage, guarantee, pledge, insurance and other related guarantee procedures. When signing a loan contract and handling the guarantee formalities, you must know the detailed rules in the contract in detail and make clear your rights and obligations so as to avoid unnecessary misunderstanding. Bank loan: After all the loan procedures are completed, the bank will transfer the loan funds to the account of the real estate developer, and the loan relationship will be established, and the lender will repay the loan according to the regulations.
4. Calculation formula of store commercial loan?
Calculation formula: Repaying the principal and interest of commercial loans:
Monthly repayment amount: a [I (1I) n]/[(1I) n-1]
Note: a loan principal I loan monthly interest rate n loan month
Repayment method of commercial loan principal:
Monthly principal repayment: None
Monthly interest payable: ani/30dn
Note: A loan principal I loan monthly interest rate n loan month A loan residual principal in the nth month, A 1 = A, A2 = A/N, A3 = 2-2A/N...dn The actual number of days in the nth month and so on, such as February 28th, March 3rd1,April 30th.