I suggest repayment with the same principal. Although it is a little more in the early stage, it is suitable for early repayment.
And the total interest is relatively low.
Our colleagues all use this repayment method, although the bank has always suggested equal principal and interest (so that they can get more interest)
The specific repayment is as follows, (decreasing. )
Total loan:150,000 yuan.
Number of loan months: 120 months
The repayment amount in the first month is 2082 yuan, which will be reduced in the future.
Second, the mortgage is 654.38+0.5 million, which is the most cost-effective repayment method.
Waiting for repayment of principal and interest
The total loan is 380,000 yuan.
The total repayment amount is 537,346.44 yuan.
Pay interest 157346.44 yuan.
The loan period is 180 months.
The monthly repayment is 2985.26 yuan.
matching principal repayments
The total loan is 380,000 yuan.
The total repayment amount is 520,425.83 yuan.
Pay interest 140425.83 yuan.
The loan period is 180 months.
The repayment in the first month is 3662.78 yuan.
Third, to buy a house, the mortgage loan is 1.5 million. How to repay it economically? Please ask the master to answer? Thank you very much?
There are two ways to repay the mortgage. One way is to repay the principal in equal amount every month, and then calculate the interest according to the remaining principal, so at the beginning, because the principal is more, the interest paid is more, so the repayment amount will be more at the beginning, and then it will decrease every month. The advantage of this method is that it is more suitable for families with strong repayment ability because the repayment amount is large at the beginning.
One repayment method of matching principal and interest is to repay the same amount of loans (including principal and interest) every month during the repayment period, so that because the monthly repayment amount is fixed, the expenditure of family income can be controlled in a planned way, and it is also convenient for each family to determine the repayment ability according to their own income.
Want to pay less interest. Use average capital. However, the initial repayment pressure is relatively high.
Money is tight. The principal and interest are equal. The monthly payment is the same.