1. Interest expense: the monthly repayment amount of equal principal and interest is relatively low at the beginning, but the interest expense is high; However, average capital's repayment method gradually reduces the monthly repayment amount, which relatively reduces the interest expense.
2. Repayment pressure: If you are worried about the monthly burden after buying a house, you can choose the method of equal principal and interest, and the initial low repayment amount can relatively alleviate your economic pressure; If you have a good financial plan and can bear a higher burden, you can choose the average capital method, which can reduce the loan principal balance and total interest expenses more quickly.
3. Personal needs: If you want to pay off the loan as soon as possible in a limited time, you can choose the average capital method, which can speed up the repayment; If you are more concerned about the monthly payment, you can choose the method of equal principal and interest.
Generally speaking, equal principal and interest are suitable for people who want to repay by installments and the repayment amount is stable; The average capital is suitable for those who want to repay the loan as soon as possible and reduce the total interest expense.
In addition, housing loan is a long-term and important financial decision, so please consider it carefully and consult a professional financial consultant or bank loan specialist before choosing the repayment method, so as to get more comprehensive and professional guidance.
After polishing:
Housing loan is an important financial decision, and it is very important to choose the appropriate repayment method. Matching principal and interest and average capital are two common repayment methods. At the initial stage of matching principal and interest, the monthly repayment is low, but the interest expense is high; The average monthly repayment of capital is gradually reduced, which helps to reduce interest expenses. Choosing an appropriate repayment method needs to consider factors such as interest expenses, repayment pressure and personal needs. If you want to repay by installments and stabilize the repayment amount, you can choose equal principal and interest; If you want to repay the loan as soon as possible and reduce the total interest expense, you can choose the average capital. Buying a house loan is a long-term and important decision. Please think carefully and consult a professional financial adviser or bank loan expert for more comprehensive guidance. Don't treat online loans interspersed with contextual embellishments lightly. In addition to being collected, personal credit will also be affected, especially online loans with credit information. Once there is such an overdue record, it will seriously affect the handling of bank loans and credit cards in the future. Even if the processed online loan cannot be credited, you can access big data. You can check your online loan history, overdue details of online loans, liabilities, untrustworthy information and online loan blacklist in Puxin.