How to mortgage the house?

To buy a new house with a loan, you need to pledge the property right certificate to the bank and repay it monthly according to the loan term; There are two repayment methods.

One is the average capital, which divides the total loan into equal parts during the repayment period and pays the equal principal and interest generated by the remaining loans in the current month every month.

In this way, because the monthly repayment amount is fixed and the interest is less and less, the lender is under great pressure to repay at first, but as time goes on, the monthly repayment amount is less and less.

One is equal principal and interest, that is, a loan with the same amount (principal+interest) every month during the repayment period, so that the monthly repayment amount is fixed,

It can control the expenditure of family income in a planned way, and it is also convenient for each family to determine the repayment ability according to their own income.