Major bank mortgage loan repayment methods and applicable people

There are many ways to repay the bank mortgage loan. SouFun.com has compiled the bank's equivalent principal and interest repayment, equal principal repayment, "double weekly supply", etc. It hopes to provide readers with a little reference to minimize the repayment of borrowing loans to the greatest extent. Interest.
I. equal principal and interest repayment
This is the most commonly recommended method at present, and it is also the most commonly recommended way for most banks. In the middle of each month, as a repayment person, a fixed amount of banks is returned every month, but the proportion of principal in the monthly exchanges increases monthly | and the proportion of interest decreases monthly. For example, assuming that the bank needs to loan 200,000 yuan, and the repayment period is 15 years. According to the current interest rates of most banks, the equal principal and interest loan is selected, which is about 1707 yuan per month. In the initial two or three years, about 80%of the 1707 yuan was the interest part of the bank. Using this repayment method, the same amount is the same monthly. As a lender, the operation is relatively simple.
Culed the same amount monthly also facilitates revenue and expenditure. Especially for families with a stable state, buying a house and self -occupation, the economic conditions are not allowed to invest too much in the early stage, you can choose this method. Professional occupations such as official affairs, teachers belong to groups with relatively stable income and job opportunities are suitable for this repayment method. However, it also has defects. Because the interest will not be reduced with the amount of principal, the bank's capital takes up for a long time, and the equal principal repayment method to be introduced below to compare the total interest of repayment.
. The equal principal repayment
The so -called equivalent principal repayment, also known as the repayment method of interest with the original, equivalent. The lender shares the principal within every month, and pays the interest between the previous trading day and the repayment date. In terms of the equal equal principal and interest of this repayment method, the total interest expenses are low, but the principal and interest paid in the early stage are more, and the repayment burden decreases month by month. In terms of list, it also loans from banks to 200,000, and the repayment period is 15 years. Choose the equal principal repayment. The monthly principal is about 1111 yuan, and the first month of interest is 918 yuan. Yuan, subsequently, the monthly repayment principal unchanged, and the repayment of the equivalent of use in interest will be repaid with the principal. Especially when the total amount of loans is compared, the difference may reach 1,000 yuan. However, over time, the burden of repayment gradually reduces.
This is very suitable for people who have high income, but have reached people who have revenue in the future. In fact, many middle -aged people have a certain economic foundation after a period of time, and have a certain economic foundation. Considering that the age is getting older, income may decrease with other factors such as retirement, and you can choose this method for repayment.
. "Double Weekly"
Double weekly supply "Personal mortgage loan. Basically the same monthly repayment amount. As long as the repayment method is changed, the interest can be greatly reduced and the repayment period is shortened. A 500,000 yuan loan is calculated based on the 3 -year loan period and the benchmark interest rate of 6.12%. Select the traditional monthly equivalent repayment method. The repayment was 1518 yuan. Due to the frequent number of contributions, the principal decreased to speed up, and the borrowers could save about 115,200 yuan in interest expenditure, saving the interest to 19.42%. Loan; if this loan is calculated at 5.51%of the preferential interest rate, this repayment method saves 9,2303 yuan than monthly repayment and saves 17.64%. After 30 years, it has saved nearly 100,000 yuan in interest? Because, at present, bank mortgage calculations are based on the principal balance. The more principal, the higher the interest. It can save half a month's interest for half a month. In addition, after the "double weekly supply" is used, it is 14 days and two weeks, 52 weeks and one day a year, which is equivalent to 13 months, which is better than the month. The supply should be more than one more period, that is, a loan of more than one month each year, so that the frequency and total amount of repayment are increasing, which also accelerates the principal repayment rate. After the loan is completed, the loan time is 24.7 years, not 30 years. In fact, the "double weekly supply" is another way to repay the loan in advance. The equivalent principal and interest repayment method (the same monthly payment of the monthly contribution), instead of using the equivalent principal repayment method (the principal of each period is the same and the interest decreases). Which one is more money? There is a critical point here. It is still a list of 500,000 yuan loans. According to the current preferential interest rates adopted by most banks, if the loan period is 10 years, the equal principal repayment method is generated to generate the equal principal repayment method generated to generate the repayment method of the equal principal. The total interest number is 138897.92 yuan; the total interest generated by the "double weekly supply" is 136933.95 yuan, and the interest is 1964 yuan. The total interest number is 207772.92 yuan, and the total interest generated by the "double weekly supply" is 209890.44 yuan. Such an equivalent principal repayment method saves 2112 yuan interest than the "double weekly supply". Such a push, the longer the loan period, the longer, the longer the loan period, then the loan period, then the loan period, then the loan period, then the loan period, then the loan period, then the loan period, then the loan period, then the loan period, then the loan period, then the loan period, then the loan period, then the loan period is longer The more equal principal repayment method saves interest. But it should be noted that at the beginning of the repayment method, the amount of equal principal repayment is higher than the equivalent principal and interest repayment method. Large. So if the loan period is within 5 years, no matter which (floating interest rate mortgage) method is used to repay, the interest difference is not large. There are other comparisons other than monthly income Regular revenue sources (quarterly prize. The year -end prize). Due to the relatively fixed monthly income, customers are unwilling to increase the monthly supply pressure. When there is an additional source of income, I hope to save interest through a small amount of early repayment.
. Fixed interest rate (Everbright Bank. CCB)
The fixed interest rate refers to consumers who choose a fixed interest rate loan when signing a house purchase loan contract, that is, no matter how the bank interest rate changes within the loan period. On the upside or decline, the borrower must pay interest at a fixed interest rate, and will not change with the market. Everbright Bank currently provides such services. Suitable for the crowd: all home buyers.
Experts Comments: When applying for a fixed interest rate mortgage, we must first have a basic judgment on the future interest rate trend. The period of 5 years or even 10 years is not significant. Customers choose a fixed interest rate and floating interest rate based on their existing funds and future income changes.
5. Structural fixed interest rate (China Merchants Bank)
The user can select different interest rate standards to follow the light. After CCB launched a fixed interest rate mortgage, China Merchants Bank launched a structural fixed interest rate mortgage nationwide Essence At present, the business has been opened in Beijing. Different from ordinary fixed interest rate mortgages, the structural fixed interest rate products of China Merchants Bank can perform different interest rate standards during the fixed interest rate. The next 3 years executed another interest rate. For a fixed 10 -year loan, one interest rate can be performed in the first 5 years, and another interest rate is performed in the next 5 years. For a loan with a total period of more than 5 years, China Merchants Bank launched the three fixed periods of three years .5 and 10 years. At the same time, China Merchants Bank also launched corresponding fixed interest rate products for loans within 5 years. Including a number of fixed years such as 1.2.3.4.5 years. According to the relevant person in charge of the China Merchants Bank Retail Banking Department, the monthly supply rate is relatively smaller. In addition, the use of structural fixed interest rate products can relatively reduce the interest expenses of loans, bringing benefits to customers.
. Renewal loan (Agricultural Bank of China)
"Relay Loan" refers to the owner of a certain child (or children and his spouse) as the owner of the house, both or one of the parents and the children as the child as the child as the Common borrowers, loans to buy housing credit products for housing. The Agricultural Bank currently provides such services. Suitable for the crowd: One is a borrower of children. It is expected that the future income is better, but the current income is low. According to the current regulations, the amount of loan -available loan can be small. The class is the age of the borrower of the parents. According to the current regulations, the age of the borrower loan period is u003C65, the loan period is short, and the monthly supply pressure is high. I hope that the designated borrowers will be extended to the repayment period.
Experts commented: The common problem existing when the elderly loans to buy a house is the age overrun, and the bank refuses to put a mortgage loan. Although the loan period of the elderly is not restricted, it is often just a job as soon as possible. If the "relay loan" of the Agricultural Bank of China, the age of the borrower of the parent plus loan can be extended appropriately, and is not limited by the prescribed limit.
7. Pay repayment of principal and interest (suitable for short -term loans)
Previously, banks' regulations on this repayment method are Pay back to the principal and interest at one time, and follow the Qing Dynasty.
This repayment method is very simple, but the adaptive crowd is relatively narrow. It must be noted that this method can easily make the lender lack the repayment forced external forces and cause credit damage. With this loan, lenders are better to have better self -arrangement ability.
. Interest payments on schedule (China Merchants Bank's "quarterly")
(the above answers were published in 2015-11-25, please refer to the current relevant house purchase policy)
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