The housing loan calculator formula is as follows:
Matching principal and interest: [loan principal× monthly interest rate× (1interest rate )× repayment months ]≤[( 1 interest rate )× repayment months]
Average capital: monthly repayment amount = (loan principal/repayment months) (principal-accumulated amount of repaid principal) × monthly interest rate, where the symbol indicates power. Two months is quadratic.
Extended data:
First, how to repay the mortgage in advance is the most cost-effective:
1. Customers with pure provident fund loans are not recommended to repay in advance.
2. Portfolio loan: According to the actual situation of customers, the general bank will give customers three opportunities to repay in advance. It is best to pay off part of your commercial loans twice and keep the provident fund loans.
3. For pure commercial loan customers, it is most appropriate to calculate the 20-year equal principal and interest according to the interest rate.
Supplementary information:
1. Customers with pure provident fund loans are not recommended to repay in advance. Because the provident fund can only be used for housing and decoration loans, and decoration loans are short-term in nature. The loan interest rate of provident fund is only 3.25%, and no matter what financial management, the income greatly exceeds the loan interest rate, which is beneficial to me.
2. Portfolio loan: According to the actual situation of customers, the general bank will give customers three opportunities to repay in advance. It is best to pay off part of your commercial loans twice and keep the provident fund loans. The monthly repayment is directly deducted from the provident fund account, which saves the greatest worry. But I'd better communicate with the bank in advance about repayment, and I'd better go to the bank for consultation in person. State-owned big banks basically have liquidated damages for prepayment. The first prepayment should be after the first time _ hoop 1 year, usually with interest of 3 months or 6 months, so it is necessary to make preparations in advance.
3. For pure commercial loan customers, it is most appropriate to calculate the 20-year equal principal and interest according to the interest rate. If the customer chooses average capital or 30-year equal principal and interest, plan ahead and reduce the total loan amount to about 400,000 principal, so that the monthly repayment of about 2,200 will not affect family life and ensure the quality of family life. It is best to prepay only twice, otherwise you can't prepay and transfer when you sell the house.
How to calculate the prepayment calculator for buying a house with a loan?
Hello,
1. Repay the mortgage in advance, and the bank principal and interest will be settled in one lump sum. The calculation of interest is based on the date when you pay off the principal and interest of the bank, and the date after settlement does not bear interest (if you borrow the principal of the bank, you can pay interest for a few more days).
2. Only part of the principal and interest of the bank is repaid in advance, but the principal and interest of the bank loan have not been settled, and the interest is still implemented according to the loan interest rate agreed in the original loan contract (if there is any discount, the discount will continue). If the loan balance is not settled, you can choose the following repayment plan: A. The repayment period is shortened and the monthly payment amount is inconvenient. B the repayment period of the loan remains unchanged, and the monthly payment is reduced.
3. Repaying the bank loan in advance is a breach of contract (loan contract), which will cause certain losses to the bank, so the bank will charge a certain handling fee (liquidated damages), which is about one month's monthly payment.
Introduction of housing mortgage calculator
Nowadays, buying a house is a major event in life. But many people lament that because the salary is too low, they can only look at the house price. In recent years, in order to promote economic development, banks have developed loans to buy houses, which has solved many people's big problems. Many friends have chosen mortgage loans to buy a house. But when friends buy a house loan, have they calculated what money they should pay back and how much money they have already paid back? Today, Tutu will share with you an artifact, the housing mortgage calculator, referred to as the mortgage calculator.
Mortgage calculator is a professional mortgage calculation software. Calculate the monthly payment, total interest and total repayment of commercial loans when choosing the repayment method of average capital and equal principal and interest.
1. Calculate the monthly payment, total interest and total repayment when the average capital and equal principal and interest repayment methods are selected for commercial loans.
2. Short-term loans generally use one-time repayment of principal and interest or installment repayment of principal and interest, and this calculator is not applicable.
Operating steps:
Step 1: First, choose whether your repayment method is average capital or equal principal and interest, and fill in the commercial loan term, loan amount and actual loan interest rate;
Step 2: Select whether to display repayment details, and click "Calculate" to get detailed information such as monthly repayment amount, total loan interest, and total repayment amount in each installment.
As can be seen from the above formula
Principal: total loan amount
Number of repayment months: loan term X 12. For example, for a loan of 10 years, the repayment period is 10X 12= 120 months.
Monthly interest rate: monthly interest rate = annual interest rate/12.
Annual interest rate: that is, in the hot topic of mortgage discussion, the figure obtained after the base interest rate is 30% off and 8.5% off.
Cumulative repayment amount: the cumulative repayment amount in the first month of average capital repayment law is 0.
For example: 2009 annual interest rate table
Basic annual interest rate: 5.94%, 15% discount, annual interest rate: 5.05%.
30% annual interest rate: 4. 1% provident fund annual interest rate: 3.87%.
explain
Mr. Wang borrowed 400,000 yuan from the bank to buy a house and paid it off in 20 years. The bank gave Mr. Wang a 30% interest rate.
If the annual interest rate is changed to monthly interest rate, the monthly interest rate is 4.16%/12 = 0.00347.
Average capital repayment method:
Monthly principal = 400,000/240 =1.67
Monthly principal and interest = 400,000× 0.00347 =1388.
Repayment in the first month =1.671388 = 3054.67 (yuan)
Four characteristics
Features 1: loan types can be selected at will-different loan types such as commercial loans, provident fund loans or portfolio loans can be selected at will, and multiple housing loan calculators have been successfully integrated.
Feature 2: Collect all kinds of mortgage interest rate calculators-the calculator comes with the loan interest rate over the years, the provident fund loan interest rate, and the loan interest rate can be customized.
Feature 3: Choose different loan types, repayment methods and terms? Combine multiple loan schemes, automatically save them in the list, easily compare and choose the most economical and suitable loan scheme!
Feature 4: The calculation results can be exported and printed! -Summarize the calculation results of different loan schemes, which can be exported and printed!
After reading the basic knowledge and calculation formula of the housing mortgage calculator introduced by Rabbit for friends, I wonder if friends have calculated how much it costs to buy a house? The mortgage calculator can help us calculate many loans, not only the house where we live, but also the house for business purposes. With such a magical calculator, when you buy a house in the future, the accounts will be clear and you will never be confused again.
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What is a home loan repayment calculator? How to use it?
Many netizens are not very clear about what a home loan repayment calculator is. How to use it? Bian Xiao today popularized the knowledge of housing loan repayment calculator for the majority of netizens, for reference only.
The housing loan repayment calculator is a calculator for calculating the monthly repayment amount according to the loan situation. At present, the loan calculator mainly refers to the latest mortgage interest rate calculator.
The latest home loan repayment calculator generally has three types:
Loan calculator provided by commercial banks
This kind of calculator is characterized by relying on the bank website platform and high credibility; The disadvantage is that the calculation conditions are simple, mainly theoretical calculation, regardless of reality. For example, the calculation formula of daily interest rate is generally: daily interest rate = annual interest rate/360; The calculator provided by the bank is generally calculated according to 365, which is different from the actual situation.
Second, the latest mortgage interest rate calculator provided by the real estate website
This kind of loan calculator is generally based on the loan calculator on the bank website, with little or no change, and its shortcomings are similar to the previous article.
Third, Taobao customer loan calculator
This calculator is a fully customized parametric calculator, and the calculation results are completely consistent with the actual situation, providing more real and powerful data support for your loan decision!
(The above answers were published on 20 13-02-20. Please refer to the actual situation for the current purchase policy. )
Comprehensive and timely real estate information, click to view.
How to calculate the monthly mortgage calculator
First, the calculator calculates the monthly mortgage payment as follows:
1. Open any browser on your computer, enter "Mortgage Calculator 2020 Loan Calculator" and click "Search".
Browser computer: macbookpromos 14 open Google version 92.0.4515.131.
2. Click to select a webpage in the pop-up picture.
3. Choose commercial loans or housing provident fund loans according to your own loan details.
4. After completing all the items, select Calculate.
5. The calculation result comes out. You can check the form according to your repayment method.
Secondly, through the monthly payment of the housing loan calculator, users can more conveniently calculate how much money they need to pay back each month, which brings great convenience to users. Among them, the bank loan calculator is highly reliable, but it is mainly theoretical and will be different from the actual calculation. The loan calculator of the real estate website is mainly based on the bank loan calculator.
Third, simply put, the mortgage calculator is the software to calculate the monthly mortgage payment and interest. This software can help people quickly calculate the monthly repayment amount and help people choose the appropriate loan amount. How to calculate the monthly mortgage payment depends on the situation. After all, the calculation methods of average capital and equal principal and interest are different.
1. How to use the mortgage calculator?
1. Open the mortgage calculator applied by Baidu, enter the loan amount and loan term in the "Commercial Loan" window, and click "Calculate" (assuming the loan 1 10,000, 20 years, benchmark interest rate, equal principal and interest repayment).
2. The results of the mortgage calculator are quickly displayed below, and "monthly payment" (6544.44 yuan) is the answer we are looking for.
Second, what is a mortgage calculator?
Housing loan calculator includes personal housing mortgage loan calculator, housing loan calculator, mortgage loan calculator and other functions. Mortgage calculator can provide two repayment methods: average capital repayment method and equal principal and interest repayment method. When using, you only need to choose the corresponding loan method, fill in the corresponding loan amount and choose the loan term, and choose your repayment method to calculate the monthly mortgage repayment according to the latest loan interest rate. After the calculation of mortgage calculator is completed, you can also view the detailed repayment information.
This concludes the introduction of housing loan repayment calculator and housing loan repayment calculation. I wonder if you found the information you need from it?