Except the mortgage of real estate, no credit loan can last for 20-30 years. Normal credit loans can only last for five years at most. As long as you choose low-interest products and control the monthly repayment within 10 thousand, it depends on whether your income is that much.
Second, if you want to borrow 500,000 yuan, you can repay it in installments in 20 or 30 years. number ...
Let's go to the bank. There are too many unreliable services on the Internet, and the interest is still high. I used to find someone else to do 800 thousand. It's already here.
Let's see what others say.
Third, provident fund loans, if the loan is 500,000 yuan for 20 years, can you repay part of it in advance? If you repay 200,000 yuan first, then continue to borrow the rest and wait until you have money at hand?
Repayment can be made once a year in advance after one year of repayment.
Calculation method:
There is no special calculation formula for this. In fact, it is to take the remaining principal after prepayment as the new total loan amount, and the remaining repayment periods as the total repayment period, and then recalculate it like a normal loan. For example, your loan is 450,000 yuan, which will be paid off in 30 years. If you repay 50,000 yuan in advance in the first100th month, then your remaining repayment period is 260 months (you can also ask for shortening this period, for example, 60 months). You take the remaining principal after the repayment of 50,000 yuan in the 0/00th month of/kloc-as the total loan, and calculate the monthly repayment amount according to the remaining period of 260 months (or 60 months), which is the same as the algorithm of paying off the loan of 450,000 yuan in 30 years.
4. The mortgage is 500,000 yuan, the average principal for 30 years and the equal principal and interest for 20 years, which is more suitable for prepayment?
After 30 years, the average capital will be better, because interest has been paid in previous years. In this case, it will take you a long time to pay the interest, which is convenient for you to repay in advance.