How to repay commercial housing loans? There are two main ways for commercial housing loans of most banks: matching principal and interest and average capital:
1, repayment method of equal principal and interest
That is, the borrower repays the loan principal and interest with the same amount every month, also known as the equal principal and interest method. It is characterized by the same principal and interest in monthly repayment, which is easy to budget, and the initial repayment pressure is reduced, but the interest in initial repayment accounts for most of the monthly repayment, and the proportion of principal in repayment is gradually increased, while the proportion of interest is gradually reduced, thus achieving a relative balance. The interest paid by this repayment method is high, but the pressure of prepayment is not great.
The calculation formula of equal principal and interest repayment method is as follows:
Monthly repayment amount = (loan principal? Monthly interest? (1+ monthly interest rate) total repayment period) /( 1+ monthly interest rate) total repayment period-1
2. Average capital repayment method
That is, 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 the 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.
The calculation formula of the average capital repayment method is as follows:
Monthly (quarterly) repayment amount = loan principal/repayment times+(loan principal-accumulated repaid principal amount)? Monthly (quarterly) interest rate
According to a financial planner of a state-owned bank, borrowers with strong repayment ability, stable income and additional income sources can apply to the bank to change the repayment method, and change the original repayment method of equal principal and interest to equal principal repayment, so as to achieve the purpose of saving interest.
What is a commercial housing loan? Commercial housing loans are self-operated loans issued by banks with their credit funds. Specifically, it refers to the commercial housing loan (mortgage loan is a kind of commercial loan) that a natural person with full capacity for civil conduct applies to the bank as a loan repayment guarantee when purchasing owner-occupied housing in this city with property housing (or other guarantee methods recognized by the bank) as collateral.
definition
Personal housing commercial loan is a kind of loan that China citizens apply to the bank for the purchase of commercial housing. According to the relevant regulations of the bank, anyone who meets one of the following two conditions can apply for loan varieties: first, residents who participate in housing savings; Second, the house seller has an agreement with the loan bank, and the real estate guarantee enterprise provides guarantee to the bank for the residents' house purchase loan.
Loan classification
First, it is divided into short-term loans, medium-term loans and long-term loans according to the term.
Short-term loans refer to loans with a loan term of 1 year (inclusive).
Medium-term loans refer to loans with a loan term of more than 1 year and less than 5 years (inclusive).
Long-term loans refer to loans with a loan term of more than 5 years (excluding 5 years).
Two, according to the loan method is divided into credit loans, secured loans (secured loans, mortgage loans, pledge loans), bill discount three.
(1) Credit loans refer to loans granted with the borrower's credit standing as the guarantee.
(2) Secured loans refer to secured loans, mortgage loans and pledged loans issued in accordance with the Guarantee Law of People's Republic of China (PRC).
1. Guaranteed loan refers to the loan provided by the borrower as the guarantor recognized by the company. The guarantor promises to assume general guarantee liability or joint liability according to the loan contract when the borrower fails to repay the principal and interest of the loan by the guarantee method stipulated in the Guarantee Law.
2. Mortgage loan refers to the loan granted with the approval of the company with the property of the borrower or a third party as collateral and in accordance with the mortgage method stipulated in the Guarantee Law.
3. Pledged loan refers to the loan issued by the company with the movable property or rights of the borrower or a third party as the pledge according to the pledge method stipulated in the Guarantee Law.
(3) Bill discount refers to the loan issued by the company through the purchase of the bank acceptance bill that has not expired by the borrower.
Loan term: the loan term of a finance company is generally not more than 5 years; The longest discount period is no more than 6 months, and the discount period is from the discount date to the maturity date of the bill.
Potential borrower
hypothesis
Enterprises applying for loans should carry out independent accounting and be responsible for their own profits and losses. Meet the following conditions at the same time:
1. The business license of an enterprise as a legal person, which has been issued by the administrative department for industry and commerce and gone through the annual inspection procedures, shall be subject to independent accounting and be responsible for its own profits and losses.
2, and obtain the tax registration certificate issued by the tax authorities;
3, the legal person code certificate issued by the State Bureau of technical supervision;
4. Loan card issued by China People's Bank;
5. A deposit account has been opened in the company;
Abide by national policies and decrees and abide by credit; The asset-liability ratio of the enterprise conforms to the relevant provisions of the company; Enterprise products have a market, production and operation are profitable, and they have the ability to repay the principal and interest on schedule.
The approval document of the superior unit agreeing that the enterprise applies for a loan from the company.
Supplementary condition
1. The formalities are complete with the approval of the competent authority.
Second, the project has good economic benefits and the ability to repay loans.
Three, this year's project investment plan has been approved.
Four, the project construction and production conditions have been arranged to implement.
Five, the project investment plan of self-raised funds and other sources of funds have been implemented.
Required materials
1. Copy of ID card of the loan applicant, spouse * * * borrower and property owner * * * * (temporary residence permit, passport, minor birth certificate or one-child certificate).
2. The loan applicant, spouse and * * * affix the personal seals of the borrower and the owner of the real estate.
3, the loan applicant, spouse, * * * and the borrower, property * * * copy of the household registration book.
4. Proof of the marital status of the lender (marriage certificate for married, single certificate for unmarried and divorce certificate for divorced).
5. Lender's income certificate.
6. One original of the house sales contract.
7. The down payment receipt signed by the seller mentioned in the sales contract.
8. Copy of the property right certificate of the house purchased.