How much is the monthly loan for buying a house?

How much is the monthly mortgage of 600,000 yuan 10?

With the rise of housing prices, the pressure on many people to buy a house has increased sharply. Therefore, many people will choose to use housing loans, that is, pay the down payment first, and then want to borrow from the bank, and then the lender can repay the loan on a monthly basis. So 10 what is the monthly mortgage of 600,000 yuan? The following article will give you an introduction.

How much is the monthly mortgage of 600,000 yuan 10?

600,000 loan 10 year, with monthly payment of 6,334.64 yuan. Because it is calculated according to the current interest rate of 4.9% of the People's Bank of China for more than five years, it is equal principal and interest repayment. The total interest is 160 157.25 yuan, and the monthly repayment amount is 6334.64 yuan. However, the principal repayment method is adopted, and the total interest is 148225 yuan, and the monthly repayment amount decreases month by month.

What are the procedures for housing mortgage loan?

1. Real estate developers want to propose mortgage loan intentions to cooperative banks.

2. The loan bank investigates the qualification, credit, capital and finance of the development, and signs the intention of mortgage loan cooperation with qualified developers.

3. The buyer signs a commercial housing sales contract with the developer, and pays the down payment of the house according to the requirements of the house purchase loan.

4. Within seven days from the date of voluntary payment, the purchaser shall apply for a mortgage loan from the bank that the developer cooperates with, and shall provide relevant materials such as the purchase loan, proof of down payment, ID card, income certificate, marriage certificate, etc.

5. The loan bank investigates the information provided by the buyers, and handles the preliminary procedures of mortgage loans for the buyers who meet the loan conditions, mainly including payment applications, repayment orders, loan contracts, IOUs, etc. Then the buyer opens a deposit account in the loan bank.

6. The bank evaluates the lender's house, determines the loan amount, and then after examination and approval, the house payment can be made. Under normal circumstances, the application approval period is generally within 7 days. For those overdue, the marketing department will contact the bank in time to understand the situation, solve the problem and actively assist the purchaser to complete the loan.

The following is an introduction about 10' s monthly mortgage of 600,000 yuan. I hope I can give you some help when you repay your mortgage and let you know your mortgage repayment amount.

1 10,000 how much is the monthly mortgage for 30 years?

Taking mortgage as an example, according to the benchmark interest rate of the People's Bank of China in official website, the annual interest rate of commercial loans for more than five years is 4.90%, so the monthly payment of 1 10,000 commercial loans for 30 years can be calculated as follows:

1, matching principal and interest repayment method 1 10,000 commercial loan, with a monthly payment of 5,307.27 yuan for 30 years.

2. The average capital repayment method 1 10,000 commercial loans are paid for 6861.1/yuan for the first time in 30 years, and then it will decrease month by month.

The loan conditions for individual first-hand houses are as follows:

1, with full capacity for civil conduct and legal and valid identity documents;

2. Have the ability to repay the loan principal and interest;

3. Good credit status;

4. A legal and effective house sales contract has been signed, and the house purchased is for residential purposes;

5, there is no less than the minimum required proportion of the first payment certificate;

6. Set mortgage guarantee for the purchased house in principle;

7. Other conditions stipulated by the lending bank.

Tips: The specific business types, handling procedures and handling conditions shall be subject to the relevant regulations of local branches.

There are two repayment methods of loans: matching principal and interest repayment method and average capital repayment method. Different repayment methods lead to different monthly payments after loan. The calculation method of monthly payment for the two loan methods is as follows:

1, equal principal and interest repayment method = [loan principal × monthly interest rate× (1interest rate) repayment months ]≤[( 1 interest rate) repayment months-1], equal principal and interest repayment means that the principal and interest are the same every month, and the repayment to the bank is the same every month.

2. Average principal repayment method: monthly repayment amount = (loan principal ÷ repayment months) (loan principal-accumulated repaid principal) × monthly interest rate. Matching principal repayment means that the principal repaid every month is unchanged and the interest is decreasing by stages.

How much is the monthly loan for buying a house?

There are two repayment methods for housing loans: matching principal and interest and average capital. The specific monthly repayment amount should be calculated according to the repayment method. The calculation formula is:

1. Calculation formula of equal principal repayment: monthly repayment amount = N-month interest rate of principal/residual principal;

2. Calculation formula of equal principal and interest repayment: monthly repayment amount = monthly interest rate of principal [( 1 interest rate) n/[( 1 interest rate) n-1];

Assuming that the loan amount is 6,543,800,000 yuan, the loan interest rate is 5.88% and the loan term is 30 years, the monthly repayment amount should be 5,965.438+08.57 yuan through calculation. With the repayment method of average capital, the repayment amount in the first month is 7677.78 yuan, and the repayment amount in the second month is 7664.438+07 yuan, and the repayment amount will decrease month by month.