Commercial loan: the interest rate is 4.9%, with 12 installments in 1 years, with an equal repayment of 3,167.32 yuan/month and an equal repayment of 3,725 yuan/month of principal, with a monthly decrease of 1.21 yuan.

provident fund loan: the interest rate is 3.25%, with 12 installments in 1 years, with equal repayment of 2931.57 yuan/month and equal repayment of principal of 3312.5 yuan/month, with a monthly decrease of 6.77 yuan.

The principle of good faith in timely repayment of mortgage is an imperial clause in civil activities, and it is also a clause that we must abide by when performing the contract. As the parties to the mortgage contract, it is our obligation to repay in time and in full according to the conditions agreed in the contract. Now the country has realized the inter-bank credit system.

guarantee methods:

there are three kinds of guarantee methods to prevent the borrower's loan risk: mortgage, pledge and guarantee. Before borrowing, we should fully understand the real purpose of the borrower's loan (living or investing), income source and family status, and take precautions by setting reasonable guarantee methods. From the perspective of practicality, feasibility and convenience, housing mortgage should be the most important guarantee method.

there are two ways of pledge: chattel pledge and right pledge. It is almost impossible for borrowers to find movable property that is roughly equivalent to the housing value and recognized by lenders; With rights as collateral, the rights demanded by lenders are limited to deposit slips and bonds. In reality, there are few people who own deposits and securities that are roughly equivalent to the value of housing, or they don't need to apply for loans.

the above content reference: Baidu encyclopedia-mortgage