10.5 million mortgage, how much should I pay for 30 years a month?
Total mortgage amount10.5 million, and repayment period is 30 years. At present, the interest rate of commercial loans is 4.9%, and the monthly repayment amount can be divided into two types according to different calculation methods: 1, with equal principal and interest: the monthly repayment cost is 7960.9 yuan; 2. Average capital: 65,438+002,965,438+0.67 yuan in the first month, 65,438+00274.65 yuan in the second month, 65,438+00257.64 yuan in the third month ... 4200.69 yuan in the 359th month, the 3600.69 yuan.
What is the process of repaying the loan in advance?
1, make an appointment
Early repayment of loans also requires an appointment with banks in advance. Under normal circumstances, going to the repayment bank without an appointment will not be handled. There are two ways to make an appointment to repay the loan in advance: telephone appointment and counter appointment. Usually, you can make an appointment for the next day's repayment the day before you are ready to repay. It should be noted that the repayment should be an integer multiple of 10 thousand, and the prepayment is generally not a decimal.
2. Prepare relevant documents.
After the appointment is successful, you need to prepare relevant documents for prepayment, mainly including loan contract, ID card and repayment card. In addition, it is necessary to consider the loan changes after repayment. There are two other options: shortening the loan period or reducing the monthly repayment amount.
3. Sign the prepayment application.
After arriving at the bank, you can consult the bank staff first and follow the guidelines to get the "Application Form for Early Repayment" at the counter. When signing the application form, read it carefully and see clearly that you are writing. After filling out the form, deposit the amount to be repaid in advance into the repayment card. After successful repayment, your loan principal will be deducted from the prepayment amount.
Summary: This is how much the 30-year10.5 million mortgage will be repaid in one month. See how you pay it back, it will be affected. I hope the above introduction will be helpful to everyone.