① Equal principal and interest repayment method:

Monthly loan amount = [loan principal × monthly interest rate ×( 1 interest rate )× repayment months ]=[( 1 interest rate )× repayment months]

Monthly interest payable = loan principal × monthly interest rate × [( 1 interest rate )× repayment months -( 1 interest rate) ÷ [( 1 interest rate )× repayment months-1]

Monthly repayment principal = loan principal × monthly interest rate ×(65438+ 10 interest rate) (repayment month serial number-1)÷[(65438+ 10 interest rate) repayment months-1]

Total interest = repayment months × monthly repayment amount-loan principal

(2) the average capital repayment method:

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

Monthly repayable principal = loan principal ÷ repayment months

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

Monthly decreasing amount = monthly repayable principal × monthly interest rate = loan principal ÷ repayment months × monthly interest rate.

Total interest = repayment months × (total loan × monthly interest rate-monthly interest rate × (total loan ÷ repayment months) (repayment months-1) ÷ total loan ÷ repayment months)

Monthly interest rate = annual interest rate ÷12 154 =15 ×15 (the fourth power of15, that is, the product of four15).

Raising interest rates many times in one year makes the benchmark interest rate of commercial loans with a term of more than five years as high as 7.05%, which makes more and more people choose provident fund loans to buy houses. The reason is that the annual benchmark interest rate is 4.90%, which greatly reduces the cost of buying houses and the pressure of repaying loans. Introduce the calculation methods and methods of provident fund loans for everyone.

1. The calculation formula of provident fund loan based on repayment ability is:

Loan amount = [(total monthly salary of the borrower or husband and wife, monthly contribution of the housing accumulation fund of the unit where the borrower or husband and wife work) × repayment ability coefficient 40%ㄧ monthly repayment amount of the existing loan of the borrower or husband and wife ]× 12 (month )× loan term.

Among them, the total monthly salary = the monthly contribution of provident fund ÷ (the proportion of unit contribution and individual contribution);

2. The calculation formula of provident fund loan based on house price is:

Loan amount = house price × loan ratio. Among them, the loan proportion is determined according to different types. Generally speaking, if the building area is more than 90 square meters, the loan amount shall not exceed 70% of the purchase price; If the construction area is less than 90 square meters, the loan amount shall not exceed 80% of the purchase price.

3. According to the maximum loan amount:

I use the housing provident fund to apply for a loan provident fund loan and meet the application conditions. The maximum amount is 500,000 yuan; At the same time, if the spouse's housing provident fund is used to apply for a loan and the loan application conditions are met, the maximum loan amount is 700,000 yuan.

4. The calculation formula of provident fund loan based on the balance of provident fund account is:

Provident fund loan amount = balance of provident fund accounts of borrowers and participants ×20

For example, if a citizen has paid the provident fund for more than 1 year, the current balance of the provident fund account is 10000 yuan. So if he wants to apply for a loan with a repayment period of 30 years, what is the maximum amount he can borrow?

Using the fourth method, it is not difficult to calculate the maximum amount of about 10000×20=200000 yuan. If you know the individual and spouse's monthly provident fund deposit, the planned loan application period and the actual purchase price, you may wish to use the provident fund calculator to calculate the loan amount online, which is really convenient and saves time and effort.

How to calculate the interest on provident fund loans?

Calculation method of housing provident fund loan interest;

(1) The interest rate conversion formula for RMB business is (note: common for deposits and loans)

1. daily interest rate (0/000)= annual interest rate (%)÷360= monthly interest rate (‰)÷30.

2. Monthly interest rate (‰) = annual interest rate (%)÷ 12

(two) banks can use the product interest method and the transaction interest method to calculate interest.

1. Accumulate the account balance daily according to the actual number of days, and multiply the accumulated product by the daily interest rate to calculate the interest. The interest-bearing formula is:

Interest = cumulative interest-bearing product × daily interest rate, where cumulative interest-bearing product = total daily balance.

2. Transaction-by-transaction interest calculation method calculates interest one by one according to the preset interest calculation formula: interest = principal × interest rate × loan term, with three details:

If the interest-bearing period is a whole year (month), the interest-bearing formula is:

(1) interest = principal × annual (monthly )× annual (monthly) interest rate.

If the interest-bearing period is a whole year (month) and days, the interest-bearing formula is:

(2) Interest = principal × year (month )× year (month) interest rate principal × odd days × daily interest rate

At the same time, banks can choose to convert all interest-bearing periods into actual days to calculate interest, that is, 365 days per year (366 days in leap years), and each month is the actual number of days in the Gregorian calendar of the current month. The interest-bearing formula is as follows:

(3) Interest = principal × actual days × daily interest rate

These three formulas are essentially the same, but because the interest rate conversion is only 360 days a year, when calculating the actual daily interest rate, it will be calculated as 365 days a year, and the result will be slightly biased. Which formula is used specifically, the central bank gives financial institutions the right to choose independently. Therefore, the parties and financial institutions can agree on this in the contract.

(3) compound interest

Compound interest means adding interest at a certain interest rate. According to the regulations of the central bank, if the borrower fails to repay the interest at the time agreed in the contract, it will be charged with compound interest.

(4) Penalty interest

If the lender fails to repay the bank loan within the prescribed time limit, the bank will call the penalty interest paid to the non-defaulting party according to the contract signed with the parties as the bank penalty interest.

(5) loans overdue liquidated damages.

The nature is the same as the penalty interest, and the penalty measures for the breaching party.

(six) the formulation and filing of interest calculation methods

The interest-bearing settlement rules and methods for deposit and loan business formulated by national commercial banks as legal persons shall be reported to the head office of the People's Bank of China for the record, and the customers shall be informed; Regional commercial banks and urban credit cooperatives should be reported to the branches of the People's Bank of China and the central branch of the provincial capital for the record, and inform customers.

1. If a company is willing to buy housing provident fund for you, it will be more attractive than other companies. Everyone wants to buy a house and a car to make money, and the housing provident fund can make it much easier for everyone to buy a house. The interest rate of provident fund loans in 20 19 has not changed, and it is still implemented according to the adjusted interest rate of 20 15 10.24. The interest rate of provident fund loans is the same all over the country. At present, the interest rate of provident fund loans within five years is 2.75%, and the interest rate of loans over five years is 3.25%.

Although the interest rate is fixed, everyone has different repayment methods. In this way, the same loan amount, loan term and loan interest rate will still be different. For example, the provident fund loan is 6,543,800 yuan with a service life of 30 years, and the repayment method in average capital is adopted. As long as the monthly repayment is 4,352.06 yuan and the total interest is 566,742.75 yuan, the same amount is adopted.

How to calculate the interest of housing provident fund loan?

The calculation of provident fund loan should be determined according to four conditions: repayment ability, proportion of house price, balance of housing provident fund account and maximum loan amount, among which the minimum value calculated by the four conditions is the maximum loanable amount of the lender.

Calculate the monthly income of oneself and the same applicant: monthly income = monthly contribution of individual housing provident fund ÷ contribution ratio of housing provident fund;

Calculate the maximum loanable amount: the maximum loanable amount is the monthly income of your family (referring to the monthly income of both husband and wife, the monthly income of retired employees, their children and other applicants, the same below), the remaining amount after deducting the living expenses of 400 yuan at least every month, and then dividing it by the monthly repayment amount per 10,000 yuan of loan during the loan application period.

How to calculate the interest rate of provident fund

The interest rates of housing provident fund loans are as follows: 1-5, 2.75%, and 6-30, 3.25%, which are implemented according to local policies. The interest rate of housing provident fund loan is based on the benchmark interest rate for the first suite and 1. 1 times for the second suite.

legal ground

Article 6 of the Regulations on the Management of Housing Provident Fund

The deposit and loan interest rate of housing provident fund is proposed by the People's Bank of China. After soliciting the opinions of the construction administrative department of the State Council, it is reported to the State Council for approval.

Article 21

The housing provident fund shall bear interest at the interest rate stipulated by the state from the date it is deposited in the employee housing provident fund account.

Article 26

Workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses. The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities. The risk of housing provident fund loans shall be borne by the housing provident fund management center.

skill

The above answer is only for the current information combined with my understanding of the law, please refer carefully!

If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.