Buying a house for the first time, I want to borrow 450,000 yuan from the bank for ten years. How much do I have to pay back every month? The loan period is fifteen years. How much should I pay back every month? Because of the uncertainty of interest rate and floating situation, I can only give you approximate figures, which are divided into two situations. The first is commercial loans, and the second is housing provident fund loans. The former interest rate for more than five years is currently 6.8%, while the latter is 4.7%.

1, commercial loan

The loan is ten years, and the monthly repayment is about 565,438+078,38+0.

Loan 15 years, about 3994.58 per month.

2, housing provident fund loans

The loan is ten years, and the monthly repayment is about 4707.23.

The loan is fifteen years, and the monthly repayment is about 3488.64.

The above is the equal principal and interest repayment method. The repayment method of average capital is more complicated, but a little cheaper.

Extended data

At present, the benchmark "annual interest rate" of individual (RMB) loans for more than five years announced by the People's Bank of China is 4.9% (the specific loan interest rate you can apply for will be reviewed and confirmed by the handling bank). According to the benchmark interest rate, the total interest of "matching principal and interest repayment" is 1863 1.32 yuan, and the monthly repayment amount is 3,535.62 yuan. The total interest of "average capital Repayment Method" is 166293.75 yuan, and the repayment amount in the first month (full period) is 4,337.50 yuan, and the monthly repayment amount decreases month by month.

You can also go to the homepage of China Merchants Bank and click on the "Financial Calculator"-"Personal Loan Calculator" on the right to make a trial calculation.

If the situation you are talking about is calculated according to the commercial loan interest rate of 5.90%, then the specific calculation results are as follows:

The total loan amount is 450,000 yuan, the repayment period is 360 months, the repayment in the first month is 3,368.75 yuan, the total interest paid is 382,434.38 yuan, and the total principal and interest is 832,434.38 yuan.

In other words, your monthly repayment amount is different. The first month is 3368.75 yuan, and then it will be reduced by a certain amount every month.

The average capital repayment method has a different repayment amount every month. Although the principal remains the same, the interest is reduced.

The calculation formula of the average capital repayment method is as follows: monthly repayment amount = monthly repayment principal+monthly repayment interest; Monthly repayment principal = total loan amount/loan months; Monthly repayment interest = loan principal balance * monthly loan interest rate (monthly loan interest rate = annual interest rate/120); Loan principal balance = total loan amount-repayment months * monthly repayment principal. The value brought to you by this way is calculated that your first monthly repayment is 3368.75 yuan, and then the interest will be reduced every month.