At present, most people buy houses through housing loans, because the current housing prices are a bit high, and it may be difficult to pay off all the money at one time if they only rely on their own ability. So mortgage is the best choice for most people. The mortgage amount is limited according to the house price, and the repayment needs to be calculated according to the loan amount, and it is also paid every month. So how is the mortgage calculated? Today, Bian Xiao will give you a detailed introduction, hoping to help.

Calculation of mortgage loan amount

The loan amount is the minimum of the following three calculation methods:

1. The loan amount is determined according to the borrower's repayment ability. The calculation formula is: the amount of housing provident fund paid by the borrower per month ÷ the proportion of housing provident fund paid by the borrower × individual repayment ability coefficient (currently 0.45)× 12 (month )× actual loanable years. If both husband and wife have paid the provident fund and borrowed jointly, the loan amount shall be the sum of the loan amounts calculated by both husband and wife.

2, the provisions of the maximum amount of personal loans. At present, the maximum loan for employees who pay housing provident fund is 300,000 yuan; For employees whose husband and wife both pay housing provident fund, the maximum loan amount is 600,000 yuan.

3. The maximum loan amount for the purchase of commercial housing shall not exceed 80% of the total purchase price; For the purchase of second-hand houses, the loan amount shall not exceed 70% of the total purchase price.

Calculation of mortgage repayment amount

1. The maximum loan amount is 80% of the total price or evaluation value (whichever is lower) of the house purchased (built or overhauled); ? The loan period is generally not more than 30 years. The loan interest rate shall be subject to the relevant interest rate policies of the People's Bank of China and China Banking Regulatory Commission.

2. There are two repayment methods for housing loans with a loan term of more than one year: average capital repayment method and matching principal and interest repayment method.

3. Matching principal and interest repayment method is the default repayment method of the bank, which means that the borrower repays the loan principal and interest with the same amount every month, also known as matching principal and interest repayment method.

Its characteristic is that the principal and interest of monthly repayment are the same. Although this repayment method is easy to budget and the initial repayment pressure is reduced, the interest of initial repayment accounts for most of the monthly repayment, and the proportion of principal in repayment gradually increases and the proportion of interest gradually decreases, thus achieving a relative balance. The interest paid by this repayment method is high, but the pressure of prepayment is not great. This repayment method is suitable for ordinary wage earners.

Calculation method of equal principal and interest repayment:

[loan principal × monthly interest rate ×( 1+ monthly interest rate) repayment months ]=[( 1+ monthly interest rate) repayment months-1]

4. Matching principal repayment is also one of our common repayment methods. Average capital repayment method is that the borrower repays the principal in equal amount every month, and the loan interest decreases month by month with the principal, and the repayment amount also decreases month by month, so it is also called diminishing method.

Its characteristic is to repay the principal every month and calculate the interest on a daily basis according to the loan principal amount. The early repayment amount is large, and the monthly repayment amount is gradually reduced. The interest paid by this repayment method is low, but the pressure of prepayment is great. Therefore, this repayment method is suitable for families with better economic income.

Calculation formula of equal principal repayment:

Monthly repayment amount =? (loan principal/repayment months)+(principal-accumulated repaid principal) × monthly interest rate

The above is what Bian Xiao will introduce to you today about how to calculate the mortgage. I believe that after reading it, you already know how to calculate the mortgage. There are actually two kinds of calculations here, one is how much money you want to borrow, and the other is how much money you want to pay back every month. Only by calculating the specific values of the two can we judge whether you can borrow this mortgage and whether you can afford it. If you are going to buy a house recently, you may wish to refer to the above formula to calculate.