There are three repayment methods of housing mortgage loan: equal principal and interest repayment, one-time principal and interest repayment and equal principal repayment. After choosing a repayment method, according to the contract, the repayment amount can be transferred to the repayment account within the specified time. These include:

1. Matching principal and interest repayment refers to a loan in which after borrowing, all the principal and interest within the loan period are added and divided by the number of repayment periods, and the same amount is repaid in each period;

2. One-time repayment of principal and interest means paying off all principal and interest at one time when the loan term expires;

3. average capital repayment method refers to dividing the repayment amount of loan principal by the number of repayment periods after borrowing, and calculating interest according to the remaining principal of each period.

Second, how to repay the mortgage loan.

For example, in China Merchants Bank, the common repayment methods of loans are: equal capital and equal repayment (principal and interest). If the loan term is less than 1 year (inclusive), monthly interest payment can also be adopted.

Note: The specific loan method you apply for needs to be determined through consultation by the handling agency in combination with your actual needs, repayment ability and credit history. You can contact the handling bank directly to confirm!

Third, how to repay the mortgage?

The bank will help you evaluate your house. The evaluation value is generally 90% of the market value. Based on the evaluation value, you can borrow 50%~70%. The repayment method is equal principal and interest repayment, which can last for 20 years and the minimum annual interest rate is 6. 14%. Based on the loan of 60, the monthly repayment is 4347. 19 yuan.