At present, there are basically two repayment methods for individual housing loans, one is equal repayment, and the other is equal principal repayment. Take the equal repayment method as an example. With this repayment method, during the whole repayment period, except for adjusting the interest rate, the monthly repayment amount is unchanged. In the initial repayment period, interest accounts for most of the total monthly repayment. With the passage of time, the proportion of interest in the repayment amount will continue to decrease, while with the gradual amortization of principal, the proportion of principal in the repayment amount will continue to increase. The advantage of this repayment method is that the borrower can accurately grasp the monthly repayment amount and arrange the family's income and expenditure in a planned way.

However, if the principal is repaid in equal amount, the principal will be divided equally throughout the repayment period, and the interest will be calculated on a daily basis according to the outstanding principal balance and repaid together with the principal. For borrowers, the monthly repayment amount is gradually decreasing, but the speed of repayment of principal remains unchanged. It should be said that this repayment method is more suitable for individuals who have strong repayment ability at the initial stage of repayment and want to return a large amount at the initial stage of repayment to reduce interest expenses.

The property has been mortgaged, but it still needs funds. Can it be mortgaged or refinanced again? Some banks such as CCB call it "additional mortgage", and some banks such as ICBC call it individual housing portfolio loan. When applying for individual housing portfolio loan from Shanghai Industrial and Commercial Bank, the sum of the individual housing portfolio loan amount and the outstanding individual housing loan principal shall not exceed 70% of the appraised value of the collateral. That is to say, as long as the borrower's loan balance is within 70%, the original property can be re-mortgaged, and a housing portfolio loan can be obtained. The housing portfolio loan is paid to the borrower's deposit account in cash, and the borrower can use it for house decoration, furniture purchase, household appliances and other household expenses. Of course, to apply for a personal housing portfolio loan, you must be the borrower of the original ICBC, and

And the credit is not bad. The borrower can apply for a loan in the original loan bank only by providing the Shanghai Real Estate Ownership Certificate of the original collateral, the certificate that the authorized person agrees to mortgage and a copy of the original personal housing loan contract.

When the loan is not paid off, the property is transferred. Can the loan be transferred with it?

At present, ICBC, CCB and ABC in this city all have this business, commonly known as "lending" and "refinancing". During the loan period, the borrower can transfer his own loan at the same time as the property transfer, that is, transfer all the outstanding loan principal balance to the new purchaser, as long as it can pass the approval of the loan bank. Lending business solves the transaction problem in the third-level real estate market, facilitates the borrower's real estate transfer, reduces the cost of its real estate transfer, relieves the pressure and solves the borrower's worries when transferring real estate.

Can I mortgage my house to apply for a loan? Recently, ICBC has expanded the scope of accepting individual housing portfolio loans. For individuals who own property houses, they can mortgage their own property houses to ICBC for loans. The loan amount is 60% of the assessed value of the collateral, and the longest term is 20 years. The interest rate is the fixed interest rate. Personal housing portfolio loan is a new personal financing method with personal property as collateral, and the loan is issued in cash.