格 千格 KiloCell

Mortgage Calculators

2026 updated rate standard, which supports multiple repayment models in depth

• Loan Parameter Settings

Ten thousand dollars.
Year
%

Monthly repayments are fixed, with interest on the prior period being higher.

Overview of repayment data

Monthly due
¥0.00
Total interest
¥0.00
Total repayments
¥0.00

- A detailed repayment plan.

Term Monthly supply ($) Principal ($) Interest ($) Principal balance ($)

Guide to calculation of mortgages: How can you choose the most suitable repayment option for you?

You can save hundreds of KiloCell or even millions of interest on the loan, choosing the right way to repay and knowing the rules for interest rate changes. This tool combines the latest LPR (Lending Market Offer Rate) Standard, which provides you with a multi-dimensional mortgage analysis.

1. Equivalent principal vs. equivalent principal: what is the core difference?

  • Equivalent interest: Monthly repayments are fixed. The advantage is that monthly expenditures are stable and facilitate financial planning; The disadvantage is that total interest expenditure is higher and that most of the prior period repayments are for interest.
  • Equivalent principal: The principal of monthly repayments is fixed and interest is reduced as the principal is reduced. The advantage is that total interest expenditure is low and repayments are fast; The disadvantage is that the pressure on prior repayments is high and suitable for families with higher incomes and early repayment schemes.

2. What is LPR? How does it affect your mortgage?

LPR, the rate of the quoted loan market, is the benchmark for the pricing of the Chinese housing interest rate. Usually your mortgage rate is "LPR+" Add a point to make up. LPR is updated on 20th of the month, and your mortgage rate is usually readjusted on 1st January of each year or on the same day as the loan is issued. Focusing on LPR trends is important for determining early repayment of loans or choosing fixed/floating interest rates.

3. Are early repayments considered to be sufficient?

The calculation of early repayment depends on a number of factors:

  • Repayment phase: If the repayment of the equivalent principal interest is over half, the energy savings effect of early repayment is not evident at this time, as a large part of the interest has been paid in the prior period.
  • Rate of return on investment: If you have idle funds that generate investment returns above the interest rate on housing (e.g., national debt, sound finances), you do not recommend early repayment.
  • Psychological stress: Many chose early repayment to ease the psychological burden and to achieve “no debt at all”.

4. How can this tool be used for decision-making?

You can try to adjust the annual interest rate and the repayment method by observing Total interest The changes are a visual sense of the impact of different policies. It is suggested that you click on the Repayment Plan to see the principal composition of the month, which helps you understand the process of spending money at any time.