How much is the mortgage for a month?
1. Let's give an example. Suppose Ms. A has a mortgage of 500,000 yuan, the loan term is 20 years, and the loan interest rate is calculated according to the current benchmark loan interest rate of 4.9% in the same period. Matching principal and interest repayment needs to pay 285,332.86 yuan, and matching principal repayment needs to pay 246,020.83 yuan.
2. For another example, Ms. A's mortgage is 6.5438+0 million yuan, and the loan period is 5 years. The loan interest rate is calculated according to the current benchmark loan interest rate of 4.75% in the same period. The interest of average capital repayment method is 62,707.36 yuan, and that of average capital repayment method is 60,364.58 yuan.
How to calculate the interest on the house loan?
1. average capital repayment method: divide the loan amount into n installments according to the number of repayment periods, and multiply the unpaid principal amount of each installment by the loan interest rate until the current interest is paid off.
2. Matching principal and interest repayment method: the principal and interest are annualized during the loan period, and the sum of principal and interest in each period is equal. The interest of 1 period is the occupied principal multiplied by the loan interest rate, and the interest of 1 period is deducted from the equivalent annuity repaid in each period, which is the principal repaid in 1 period. The calculation of interest in the second period is to subtract the principal repaid in 1 period from the total loan principal to get the principal amount in the second period, and then multiply it by the loan interest rate to get the interest payable in the second period, and so on in subsequent periods.
3. The loan interest rate directly determines the profit distribution ratio between banks and borrowers, thus affecting the economic interests of both borrowers and borrowers. The loan interest rate varies with the type and duration of the loan, which is closely related to the scarcity of the loan funds.