What about loan repayment vi-idea of Free Lending

First, review the previousArticle

Loan Repayment I: basic concepts of loan repayment

Debt repayment II: Calculation of local loan repayment

What about loan repayment III-Calculation of equal-amount Loan Repayment

What about loan repayment IV: Calculation of loan repayment with an increase

Those things of loan repayment v -- Calculation of increasing Loan Repayment

 

This article introduces the basic principles of loan repayment (the theoretical basis is from the book "Information Theory") and the calculation of some specific loan repayment methods.

The basic principle of repayment is: repayment amount = the current month's principal + the remaining principal of the previous month × Interest Rate

Based on this formula, you can find that the interest in the first month is fixed no matter what payment method you use. In this example, the interest is 442.5 yuan.

Therefore, we proposed a bold idea-free lending.

In actual situations, because the monthly income is affected by many external factors, the income is not always stable on a horizontal line. For example, the financial crisis that occurred some time ago caused many white-collar workers to enjoy discounts and discounts, and the loan repayment became a great deal. During this period, the situation eased and the loan repayment capability increased significantly.

Can a bank provide this business-free loans? Theoretically feasible

The basic idea of free lending is that the monthly repayment amount is not fixed. The borrower's income is determined by the borrower's freedom. If the borrower's income is relatively small this month, the amount will be less, if the lender has a higher income, for example, if a mid-year red packet is sent, it can be a little more. Of course, banks can set the minimum monthly repayment principal to avoid risks. Monthly repayment amount = Principal (exceeding the minimum principal) + remaining principal of the previous month x interest rate.

At least I am looking forward to this repayment method. Because I have no other investment projects, it is better to pay back the loans at any time to relieve the interest pressure on my mortgage.

In fact, this free loan has already been reflected in credit card repayment. You can see the shadows of this credit card description. So can I develop free loans on a mortgage, the main force of personal lending in a bank?

Coming soon !!!!