How to calculate the house purchase loan
4hw.com.cn: now many people buy houses with loans, but the calculation of housing loans is based on many conditions. So many people want to ask: how to calculate the house purchase loan? Here is a summary of the common sense of how to calculate the house purchase loan.
1、 How to calculate the housing loan
1. Repayment method of equal principal and interest: it is to repay the same amount of loan (including principal and interest) every month during the repayment period. Because the monthly repayment amount is fixed, the expenditure of family income can be controlled in a planned way, and it is also convenient for each family to determine the repayment ability according to their own income. Calculation formula of equal principal and interest: [loan principal & times; monthly interest rate & times; (1 + monthly interest rate) ^ number of repayment months] & pide; [(1 + monthly interest rate) ^ number of repayment months - 1] calculation principle: the bank receives the remaining principal and interest first and then the principal from the monthly contribution; The proportion of interest in the monthly contribution decreases with the decrease of the remaining principal, and the proportion of principal in the monthly contribution increases with the increase, but the total monthly contribution remains unchanged. For example, the interest rate of short-term loans (within six months including six months) stipulated by the central bank is 5.10%. If you repay the loan in 26 thousand months, the total interest will be 298.55 yuan, and the monthly interest increase will be 3383.09 yuan.
2. Equal principal repayment method: it is to repay the principal in equal amount every month, and then calculate the interest according to the remaining principal. Therefore, due to more principal in the initial stage, more interest will be paid, so that the repayment amount will be more in the initial stage, and then decrease every month in the subsequent time. The advantage of this method is that the interest expense will be reduced due to the larger repayment amount in the initial stage, which is more suitable for the lower repayment ability A strong family. Calculation formula of equal principal: monthly repayment amount = (loan principal / repayment months) + (principal - accumulated amount of returned principal) & times; Calculation formula of equal amount of principal of monthly interest rate: monthly repayment amount = monthly principal + monthly principal and interest monthly principal = principal / number of repayment months monthly principal and interest = (principal - total accumulated repayment amount) x calculation principle of monthly interest rate: the amount of principal returned each month remains unchanged, and the interest will decrease with the decrease of the remaining principal.
2、 Legal basis
Interim Measures for the administration of personal loans
general provisions
Article 1 These measures are formulated in accordance with the law of the people's Republic of China on banking supervision and administration, the law of the people's Republic of China on commercial banks and other laws and regulations for the purpose of standardizing the individual loan business of banking financial institutions, strengthening the prudent operation and management of individual loan business, and promoting the healthy development of individual loan business.
Article 2 banking financial institutions (hereinafter referred to as lenders) established within the territory of the people's Republic of China with the approval of the China Banking Regulatory Commission shall abide by these measures when operating personal loan business.
Article 3 the term "personal loan" as mentioned in these Measures refers to the domestic and foreign currency loans issued by the lender to qualified natural persons for personal consumption, production and operation.
Article 4 personal loans shall follow the principles of legal compliance, prudent operation, equality, voluntariness, fairness and good faith.
Article 5 the lender shall establish an effective management mechanism for the whole process of personal loan, formulate a loan management system and operating procedures for each loan variety, clarify the corresponding loan object and scope, implement differential risk management, and establish an assessment and accountability mechanism for each operation link of the loan.
Article 6 the lender shall establish a personal loan risk limit management system according to the region, variety, customer group and other dimensions.
Article 7 the purpose of personal loan shall comply with the provisions of laws and regulations and relevant policies of the state, and the lender shall not issue personal loan without designated purpose. The lender should strengthen the management of loan fund payment and effectively prevent the risk of personal loan business.
Among them, we need to pay attention to the fact that many house buyers will fill in the income certificate falsely, or even fill in out of thin air, but we should know that the bank will also audit these income certificates.