How much is the monthly mortgage repayment?

The monthly mortgage repayment depends on the repayment method. The repayment method is divided into the equal principal repayment method and the equal principal and interest repayment method. . Different loan methods correspond to different repayment amounts.

Assume that a 1 million yuan mortgage is repaid in 360 months with an interest rate of 4.9%. The specific monthly repayment amounts are as follows:

1. Equal principal repayment method : Monthly repayment = monthly principal repayment, monthly repayment interest; monthly repayment principal = total loan amount/number of loan months; monthly repayment interest = loan principal balance, monthly loan interest rate (loan monthly interest rate =annual interest rate/120); loan principal balance = total loan amount - number of repayment months and monthly principal repayment. Using numerical values, the first month's repayment amount is 6861.11 yuan, and then decreases by 11.34 yuan every month.

2. Equal principal and interest repayment method: monthly repayment amount = loan principal × monthly interest rate × (1-month interest rate) ^ number of repayment months / [ (1-month interest rate) ^ repayment months Number - 1], total repayment amount = repayment amount per installment and number of repayment months. The monthly repayment amount calculated by bringing in the data is 5307.27 yuan.

3.

Buying a house has become a topic that no one can avoid. Nowadays, young people buying a house is no longer a matter of whether it is worth it, but a matter of necessity. More It's a helpless choice.

I have been in Xiamen for four or five years, and I have never thought of buying a house before because I feel that the housing prices in Xiamen are too high. If I buy a house, it will greatly affect the quality of life.

However, with the birth of a child, the problem of future education is in front of us. Moreover, the rent is getting higher and higher. Sometimes the landlord wants to take the house back and sell it, so he has to After moving again, the feeling of wandering in the city became stronger and stronger.

As a result, buying a house and settling down had to be put on the agenda and became a last resort choice. However, after finally collecting enough down payment, the monthly mortgage payment became a big burden on my heart. Stone.

In particular, the current salary system cannot support the cost of buying a house.

How much is the monthly repayment for an 800,000 loan with an annual interest rate of 5.53?

The monthly repayment is 3,865.59 yuan.

If you choose to repay the principal and interest in equal amounts, the mortgage loan is 800,000 yuan for 30 years, the monthly payment is 3,865.59 yuan, and the total interest over 30 years is 591,600 yuan. If you choose equal principal payments, the first monthly payment is 4,955.55 yuan, and the total interest over 30 years is 493,400 yuan. Comparing these two loan repayment methods, the equal principal and interest payment is smaller, which can save 98,200 yuan; the equal principal and interest monthly payment is smaller, and the payment can be reduced by 1,089.96 yuan.

How much is the monthly repayment for an 800,000 loan for 30 years?

1 The monthly repayment of an 800,000 loan depends on whether you pay equal amounts of principal and interest or equal amounts of principal.

2 For equal installments of principal and interest, the monthly repayments remain unchanged until the loan is paid off. For equal installments of principal, the first monthly payment is the highest and decreases month by month.

3 As an example, if the interest rate is 4.9%, your monthly repayment amount of equal principal and interest for 30 years will be 4245.81 yuan.

The first monthly repayment of equal principal in 30 years is 5,488.89 yuan, which decreases monthly, with the monthly decrease amount being 9.07 yuan.

4 This should be calculated based on the latest interest rate of your local bank. I hope my answer can help you.

How much is the monthly repayment of the household registration loan?

How much is the monthly repayment of the household registration loan? The answer is that based on the salary standard of 10,000 yuan, a mortgage of 3,000-4,000 is more appropriate! If it is lower than this value, although it feels easier at the time, the general total price will definitely be more in the end. Tens of thousands! If it’s higher than this, it won’t work, because you have to live! So the monthly household registration loan repayment is about 3,000-4,000