What is the calculation method of monthly mortgage payment? How to calculate the first month mortgage?

1. What is the calculation method of monthly mortgage payment? How to calculate the first month mortgage?

In many people's minds, it is normal to buy a house and apply for a loan. In life, it is not easy to buy such a big project without a loan. Many people will calculate the monthly mortgage repayment amount when facing the mortgage. So, what is the calculation method of monthly mortgage payment? How to calculate the first month mortgage?

In many people's minds, it is normal to buy a house and apply for a loan. In life, it is not easy to buy such a big project without a loan. Many people will calculate the monthly mortgage repayment amount when facing the mortgage. So, what is the calculation method of monthly mortgage payment? How to calculate the mortgage last month? Let me tell you something.

What is the calculation method of monthly mortgage payment?

First, calculate by formula.

1, average capital

Monthly principal and interest repayment amount = (principal/repayment months) (principal-accumulated repaid principal) × monthly interest rate.

Monthly principal = total principal/repayment months

Monthly interest = (principal-accumulated principal repayment) × monthly interest rate

Total repayment interest = (repayment months 1)× loan amount× monthly interest rate /2.

Total repayment amount = (repayment months 1)× loan amount× monthly interest rate /2 loan amount.

2. Equal principal and interest

[loan principal × monthly interest rate ×( 1 monthly interest rate) repayment months ]/[( 1 monthly interest rate) repayment months]

Second, use mortgage calculator to calculate.

It is very troublesome to calculate the monthly payment by formula. It is recommended to use the mortgage calculator. Just enter your loan term, term, amount, interest and repayment method according to the above tips, and then you can easily calculate at a glance.

How to calculate the mortgage last month?

Generally speaking, whether it is equal principal and interest or average capital, the repayment amount in one month will be different from that in the second month.

1. If the average capital repayment method is adopted, the repayment method itself will decrease every month, so the monthly payment is different;

2. Some banks, such as Bank of China, take the designated date as the repayment date, and if it is less than one month in the current month, it will be collected together with the next month. Suppose the loan was made in August 20 15, and their repayment date was 1, then there was no deduction in September 1, but 10+.

3. Some banks, such as Industrial and Commercial Bank of China, take the specified date as the repayment date, and deduct the money in the same month if it is less than one month, so that the money deducted this month will be less than one month, which will be less than the subsequent monthly payment.

4. Most banks deduct monthly payments according to the date of lending to solve the problem of insufficient or excessive monthly payments. However, many banks have additional services when lending, such as deposit and loan pass, fund and loan stamp duty, which will also be deducted from the monthly payment.

The above article is all the knowledge I have introduced to you about the calculation method of monthly mortgage payment and how to calculate monthly mortgage payment, hoping to help friends in need. The calculation method of mortgage repayment should be clear to everyone. When applying for a mortgage, don't forget to combine the family's economic situation.

Second, how to calculate the first month of the loan?

The calculation formula of the average capital repayment method is 1: monthly payment = (loan principal ÷ repayment months) (loan principal-accumulated repaid principal) × monthly interest rate 2: monthly repayment principal = loan principal ÷ repayment months 3: monthly interest rate = daily interest rate× 30. For example, we borrowed 1000 yuan a day. First, the monthly interest rate is 0.04 %× 30 = 1.2%, and the monthly repayable principal is = 1000 ÷ 12 = 83.33. The first monthly payment = (1000 ÷ 12). (1000-83.33) ×1.2% = 94.33 monthly payment for the third phase = (1000 ÷12 )×1000-83.33 × 95.3394.3393.6692.3391.6090.5689.3388.5087.3386.4385.4084.30 =1079.10 (yuan)

Third, how to repay the provident fund loan in the first month?

In the first month, you need to deposit enough money in your personal bank account, and the bank will decide.

Repayment method of provident fund

1, one-time

Withdraw the balance of the housing provident fund account from the entrusted bank once a year, repay the loan principal in one lump sum, and recalculate the monthly repayment amount according to the repayment period. After one-time repayment, the monthly repayment needs to use the customer's own funds, not the money in the provident fund account.

2

The method of directly withdrawing and repaying the loan principal and interest of the current month from the customer's provident fund account every month. The withdrawal of the company will make up its repayment amount in time. This way can not only offset the principal and interest of provident fund loans, but also offset the principal and interest of commercial loans.

Extended data:

Provident Fund loan process

The loan applicant should go to the loan handling department or the housing provident fund loan office for consultation and make good preparations for living.

2. Preliminary review and evaluation

Apply for a loan to the loan handling department at the beginning of the year.

(1) The loan applicant shall submit the application materials for housing provident fund loan to the loan handling department.

② If it is necessary to conduct personal credit evaluation on the loan applicant according to the regulations, the loan applicant shall sign the Letter of Authorization for Loan Evaluation.

(3) The staff of the loan handling department will print the relevant documents and notify the extension.

(4) If the house purchased by the loan applicant needs to be evaluated according to the regulations, the staff of the loan handling department will also issue a notice of mortgage evaluation to the loan applicant, and the loan applicant or entrusted agent will apply for mortgage evaluation at the evaluation institution designated by the Beijing Housing Provident Fund Management Center.

3. The loan applicant waits for the phone call.

(1) The staff of the loan handling department shall review according to the evaluation results provided by the loan applicant, and contact the loan applicant to confirm the matters that need to be communicated.

(2) If the loan applicant chooses the guarantee center, after the guarantee is approved, the time for the applicant to sign the loan-related contract and the guarantee service fee to be carried.

4. The loan applicant signs relevant contracts.

(1) Face-to-face signing time, and face-to-face signing procedures for housing provident fund loans. For loan applicants who need to pay assessment fees and guarantee fees, they need to pay at the designated counter first and get the money.

② The loan applicant and * * * are related to the completion of the loan contract by the applicant, the mortgagor and the pledger under the guidance of the loan.

Verb (abbreviation for verb) bank loan

After the bank lends money, the loan applicant goes to the bank to collect the relevant contract documents of the borrower.