Discussion about the Characteristics of the Main Factors Influencing the Monthly Payment of Housing Mortgage Loan
LI Ji-min,LI Hua-min
DOI:10.11835/j.issn.1674-4764.2004.06.020
Received ,Revised July 08, 2004, Accepted , Available online July 01, 2015
Volume ,2004,Pages 90-94
- Abstract
By extending the period of housing mortgage loan, the burden of monthly payment of housing buyers, the interest rate risk of monthly payment and of total interest payment increase.In this paper, the main factors influencing the monthly payment and its characteristics are analyzed.It is pointed out that the housing buyers should weigh up whether to lighten the burden of monthly payment or to increase interest rate risk while choosing the loan amounts and load period.