What common sense do you need to know about buying a house with a loan?
Comparison of running more loan banks.
The more services banks provide, the more detailed they are. You will get flexible and diverse personal financial services, as well as a rich service and product portfolio. There are also some banks that require more than 20% to allow early repayment, which is too harsh. It is more convenient to choose a bank with less stringent repayment requirements. As for the most concerned "which bank has a low mortgage interest rate and a big discount?" Different banks have different mortgage interest rates, so it's best to compare them with more banks. Of course, banks with low loan interest rates have relatively high conditions, pay more attention to customers' identity, repayment ability and credit information, and have restrictions on their housing age, loan amount and repayment period.
Give the real information to the bank. Seriously.
To apply for commercial personal housing loans, banks generally require borrowers to provide proof of economic income. For individuals, the true personal occupation, position and recent economic income should be provided. Because if your income doesn't reach a certain level and you don't have enough ability to repay the loan, but you exaggerate your income level, you may default at the initial stage of repayment, and it is confirmed by the bank investigation that you have provided false certificates, which will greatly reduce the bank's trust in you and thus affect your loan application.
Pay back on time or default interest, and you can still find a bank if you have difficulties.
For borrowers, before the agreed repayment date every month, they should pay attention to whether there are enough funds in their repayment accounts to prevent their default from being punished by the bank because of their negligence, and at the same time leave a bad credit record in the bank.
If you have difficulty in repaying the loan, don't forget to find the bank around you. During the loan period, your solvency declines. If you have difficulty in repayment, you can apply to the bank for an extension of the loan period. After investigation by the bank, it is true and there is no default in repaying the loan principal and interest. The bank will accept your application for extending the loan term, and the loan term can only be changed once according to the regulations.
Interest, interest, interest was paid back at the beginning.
Some people pay back 2000 yuan a month for 20 years or two, thinking that they have already paid back 50 thousand yuan. In fact, this understanding is very wrong. At first, all they paid back was interest, and the principal was not much, basically they paid back 20 thousand. So, at first, all they paid back was interest.
Equal repayment, the amount will also change.
Many people think that the repayment rate is stipulated in the contract, and the equal repayment is chosen. The monthly repayment should be the same, but this is wrong. In fact, the repayment amount is different every year. The interest rate of housing loans is generally determined by two factors: the benchmark interest rate and the preferential interest rate. If the base interest rate was adjusted in the previous year, the monthly repayment amount will be adjusted in the second year 1 month. If the preferential mortgage interest rate is adjusted from 30% to 20% in the previous year, the monthly repayment amount will also be adjusted.
Understand the way and process of prepayment.
One-time payment: very understanding, return all the remaining loan principal. It saves interest.
The term remains unchanged, and the quota is reduced: the monthly pressure is reduced, and there is basically no interest.
Increase the repayment amount and shorten the term: save interest, which banks generally don't do …
If it is a partial repayment, first make an appointment at the bank, fill out an application form, set the repayment time, then deposit the money and go to the bank to repay. If it is full repayment, it is necessary to enter the process of handling real estate license, surrendering and canceling mortgage.
Don't choose to prepay in big months.
A big month refers to a month with 3 1 day. The interest on prepayment is calculated on a daily basis, and one more day is counted when the number of days is counted. Daily interest rate = annual interest rate ÷360. There are 365 days in a year. If calculated by the day, the interest will be paid for a few more days. If there is no repayment on the payment date, the date between the payment date and the repayment date also needs to calculate interest.
How to calculate the monthly repayment?
Generally, there is a repayment formula in a loan contract: monthly repayment amount = principal × monthly interest rate ×( 1+ monthly interest rate) monthly power of repayment /[( 1+ monthly interest rate) monthly power of repayment-1]. Monthly interest rate = annual interest rate12.
There is a special case, that is, 1 month. If the benchmark interest rate of the previous year is adjusted, how to calculate the repayment amount of 1 month? Due to the cross-month situation, part of the interest rate is the loan interest rate of the previous year, and part of the interest rate is the loan interest rate of this year.
At this time, it is necessary to first verify the repayment amount for one month according to the remaining principal, and calculate the interest on a daily basis. It is estimated that 65438+February must be calculated as 3 1 day at this time. Therefore, the interest adjustment will be severely slaughtered by the bank.
Calculation of repayment interest this month:
This month's interest = remaining principal × monthly interest rate
Repayment of principal this month = monthly repayment amount-interest this month
Mortgage loan is actually a good financing method.
Reasonable debt is conducive to planning personal financial management, and mortgage is a cheap financing method. When you can get a mortgage, make the best use of it and let your funds invest in areas with higher return on investment. Mortgage can also be simply and rudely understood as participating in dividing up other people's deposits (don't hit me).
It is best not to use the provident fund before applying for a loan.
Some people will withdraw the balance of the provident fund to pay the house payment before the loan. In this case, the balance of the provident fund in the provident fund account will be zero, and the amount of the provident fund loan will also be zero, which means that you will not apply for a provident fund loan.
(The above answers were published on 20 16-09- 17. Please refer to the actual situation for the current purchase policy. )
Sohu Focus provides you with comprehensive information on new houses, second-hand houses, renting houses and home improvement.