When is the repayment date of the mortgage loan?

1, each bank's mortgage repayment date is different, and each lender's repayment date is determined according to the purchase date. For example, the repayment date of CCB is about 15 per month, while the repayment date of Postal Savings Bank is about 20 per month, and the repayment date of China Merchants Bank is before 15 per month, so the specific repayment date of the mortgage has to be calculated.

2. The mortgage is generally paid in the middle or the end of each month. Some banks have specified specific repayment time, while others have no specific requirements. The borrower can choose the repayment time according to his own situation.

3. The repayment time of the mortgage is clearly stipulated when signing the loan contract, because most borrowers pay their wages around 10, so generally speaking, the repayment time of the mortgage is at the end of the month.

4. General mortgage loan needs to be decided through consultation according to everyone's actual situation. There is no uniform standard for every bank, but there are generally two situations, one is repayment in the current month and the other is repayment in the next month.

How to repay the mortgage

1, equal repayment of principal and interest

This is the most common way at present, and it is also recommended by most banks for a long time. Matching principal and interest repayment method is to add up the total principal and interest of mortgage loans and then distribute them evenly to each month of repayment period. As a repayment, he pays a fixed amount to the bank every month, but the proportion of principal in the monthly repayment increases month by month, and the proportion of interest decreases month by month.

In this way of repayment, everyone needs to pay the same amount of money every month. Therefore, everyone's repayment operation is relatively simple, and it is convenient to arrange income and expenditure by bearing the same amount every month.

This method is more suitable for families with stable income. If you buy a house and live for yourself, you can also choose this method if the economic conditions do not allow you to invest too much in the early stage. However, it also has some defects, because the interest will not decrease with the repayment of the principal amount, and the bank funds take up a long time, and the total interest of repayment is higher than the average principal repayment method to be introduced below.

2. Repayment by average capital

The so-called average capital repayment method can also be called the repayment method with interest and principal and average capital with unequal interest. In this way, the lender will allocate the principal to each month and pay off the interest between the previous trading day and the repayment date. Compared with the matching principal and interest, the total interest cost of this repayment method is lower, but the principal and interest paid in the early stage are more, and the repayment burden is reduced month by month.

For equal principal repayment, the amount of money to be repaid in the first month is the most, and it will gradually decrease in the future, so the repayment pressure in the early stage of the loan is relatively high.

This method is very suitable for people with high income at present, but it is predicted that their income will decrease in the future. In fact, many people over middle age, after a period of efforts, have a certain economic foundation. Considering that their income may decrease with retirement and other factors, they can choose this way to repay their debts.

3. One-time repayment of principal and interest

Previously, the bank stipulated that if the loan term is less than one year (including one year), the principal and interest will be repaid at maturity, and the interest will be paid off with the principal. However, with the change of repayment method, one year is expected to be extended to five years. This method is strictly approved by banks and is generally only open to small short-term loans.