 The difference between equal principal and interest and equal principal For most people, buying a house requires a loan to the bank. If the bank loan is related to the bank loan, the two methods of repayment are the equal principal and interest method and the equal principal method. In fact, many people don't understand the difference between the two, leading to buying a house in a loan...
 Equal principal and interest and equal principal who fight inflation? Question: Rong 360 loan expert, hello! I am ready to borrow to buy a house. What are the two repayment methods, the equal principal and interest and the equal principal who are more resistant to inflation? Rong 360 loan expert reply: Hello! The same amount of principal and interest and the same amount of principal can resist inflation. Because both are instalments...
 Loan Notice: The difference between equal principal and interest and the same amount of principal! For homebuyers, the difference between the two methods can produce very different results. The same amount of principal repayment can quickly reduce the repayment pressure and reduce the money spent by the buyers on interest, but the early repayment is very painful, and more people choose the same amount of principal and interest. If you lend...
 The difference between equal principal and equal principal and interest When many people borrow a house to buy a house, they don’t know the difference between the equalpurchase method and the equalcost method. Which is more suitable for you, the following is a summary of the difference between the two: The equal principal method : It is equal to the total number of loans during the repayment period,...
 Can the equal principal and interest be converted into the same amount of principal? For loans to buy a house, the repayment method has two methods: equal principal amount and equal principal and interest. These two methods have their own characteristics and the people they adapt to are different. Relative to the repayment method of equal principal and interest, the equivalent principal is more economical but the prepayment pressure is large, and so on...
500,000 loans, the same amount of principal is equal to the principal and interest?
The same amount of principal, the overall interest is low, the initial repayment pressure is large; the same amount of principal and interest, the overall interest is higher, the monthly repayment is fixed.
At present, there are two ways for banks to repay their mortgages. Equal principal and equal principal and interest. In order to more intuitively compare the difference between the use of equal principal repayment and the equal amount of principal and interest repayment.
We use a set of data to compare. The total price of the house is 1 million, the down payment is 300,000, the loan is 70,700,000, the mortgage interest rate is 4.9, the loan period is 20 years, and the total repayment is 240 months.
Equal amount of principal and interest monthly repayment amount fixed: monthly repayment: 4581.11 Total repayment: 1099466 Total interest: 399466
The amount of repayment of the same amount of principal is not fixed: the first month repayment 5775, the second month repayment 5763, the 101 month repayment: 45804.3 Calculated to the 240th month, the repayment is 2928.58 Total repayment: 1044429.17 Total interest: 344429.17
In comparison of the two repayment methods, the first 101 months of the repayment method of the equal principal amount is higher than the equivalent principal and interest repayment amount. In theory, the monthly repayment amount is higher than the equivalent principal and interest. However, after 101 months, the monthly repayment amount will be less than the equivalent principal and interest. Moreover, the interest on the equal principal amount is less than 40,000 yuan less than the interest on the principal and interest. On average, 240 months is about 200 yuan.
In general, under the same loan amount. The method of repayment of equal principal and equal principal and interest is not a big gap during the longer repayment period. At the same time, it depends on the personal economic situation of the individual when choosing a loan. If the economic situation is limited, the method of choosing equal principal and interest can appropriately alleviate the monthly repayment pressure. If the economy is in good condition, it is still good to choose the repayment method of the same amount of principal. The first is the less and the less, the later the repayment pressure is smaller. And it can also save a mortgage interest.
[Exclusive Manuscript and Disclaimer] Any work, such as "360 Original", without the written authorization of 360, may not be reproduced, extracted or otherwise used by any unit, organization or individual. If you have been authorized in writing, please indicate the source of 360. Anyone who violates the above statement and infringes on the legal rights and interests of Rong 360 shall be investigated for legal responsibility according to law. The materials and conclusions in the works are for user's reference only and do not constitute operational recommendations. To obtain written authorization, please send an email to: academy@rong360.com
 Comment list (user comments are only for users to express their personal views, does not mean that the site agrees with its views or confirms its description)

 I received a text message saying that I can borrow 75,000. Is it true?
 What are the conditions for the loan?
 Lowincome people How to get loans
 Loans are everywhere. What good future can you lend to?
 In 2014, the loan was 315, and the various loan pits were counted!
 Unsecured loan cold knowledge big collection
 How much is the pawn bank loan problem?
 Is the second time for the microcredit to check the letter?
 Encountered an illegal violent collection, and was compensated for 60,000 yuan after the prosecution!
 Panic! What can I do if I owe 200,000 huge debts?
 Ma Yun: I haven’t met the money I borrowed from Alipay!
 The top 10 risk response measures for online loans have come, and the road loan fraud will be severely
 More pressure than mortgage loans! See how online lending destroys a young
 The secret of value 980: sesame seed lifting skills
 Borrowing is closed because? Give you a few tips to reopen!
 Regardless of black and white households, can you borrow up to 500,000? Someone was cheated...
 In the private lending, can the WeChat transfer record be used as valid evidence?
 Three minutes to learn WeChat particle loan amount 10W+
 Is the personal ID card small loan credible?
 Shock! My ants suddenly lost it! How come back
 Three minutes to learn Alipay Ants to borrow 10W+
 2 minutes to teach you to spend 1W+, 100% success!
 What if the amount of Alipay is not enough? These kinds of parties
 After the online loan is overdue, how can I collect the phone call and bombardment?
 In addition to microcredit, what other loans can We borrow?
 The ant borrowed a sudden sudden amount of money suddenly disappeared? It doesn't matter
 Equal principal and interest or equal principal How to choose more sensible?
 Equal principal
 Equal installments of principal and interest
 Comparison of mortgage repayment: equal principal and interest VS equal principal
 Comparison of mortgage repayment: equal principal and interest VS equal principal
 Wuhan: The highest interest rate of 500,000 yuan for patent pledge loans for small and mediumsized enterprises
 "Unsecured loans" False advertisements defrauded about 500,000 people
 Many banks push large credit cards, and the amount of cash withdrawal is up to 500,000.
 The private boss has only got 500,000 loans to the bank to get 500,000.
 Credit letter online charge d'affaires 500,000 credit cards, cheated 60,000 yuan