Combined Loan Calculator

Tool Introduction

The Combined Loan Calculator is an online tool specifically designed for homebuyers, aiming to help you accurately calculate the monthly payment, total interest expense, total repayment amount, and a detailed repayment plan for your personal housing combined loan (a combination of provident fund loan and commercial personal housing loan). This tool supports two mainstream repayment methods: equal principal and interest, and equal principal, allowing you to clearly understand the repayment pressure and financial planning under different schemes, providing data support for your home purchase decision.

How to Use

1. Select Loan Type: Ensure that the "Combined Loan" option is selected.
2. Enter Provident Fund Loan Information: Fill in your provident fund loan amount, annual interest rate, and loan term (years) respectively.
3. Enter Commercial Loan Information: Fill in your commercial loan amount, annual interest rate, and loan term (years) respectively.
4. Select Repayment Method: Choose "Equal Principal and Interest" or "Equal Principal" according to your preference.
5. Click "Calculate": After entering all necessary information, click the calculate button to immediately view the calculation results.

Input Parameter Format and Requirements:

• Loan Amount: Enter pure numbers, in ten thousand yuan. For example: 100 represents 1 million yuan.
• Loan Annual Interest Rate: Enter the annual interest rate in percentage form, for example: 3.1% enter 3.1, 3.95% enter 3.95.
• Loan Term: Enter pure numbers, in years. For example: 30 represents 30 years.

Output Result Format:

The output results will be displayed in clear list and table format, including:

• Monthly repayment amount (monthly payment).
• Total loan interest.
• Total repayment amount.
• Detailed repayment schedule, including principal, interest, remaining principal, and other information for each repayment period.

Usage Example

Suppose you plan to purchase a property and need to apply for a combined loan:

• Example Input Data:
• Provident Fund Loan Portion: Amount: 500,000 yuan, Annual Interest Rate: 3.1%, Loan Term: 30 years.
• Commercial Loan Portion: Amount: 1,000,000 yuan, Annual Interest Rate: 3.95%, Loan Term: 30 years.
• Repayment Method: Equal principal and interest.
• Expected Output Results (Partial Display):

Item	Amount
Total Monthly Payment	Approx. 8000.00 Yuan
Total Interest	Approx. 1380000.00 Yuan
Total Repayment Amount	Approx. 2880000.00 Yuan

Monthly Repayment Details (Partial, Equal Principal and Interest):

Period	Monthly Payment (Yuan)	Monthly Principal Repayment (Yuan)	Monthly Interest Repayment (Yuan)	Remaining Principal (Yuan)
1	8000.00	2800.00	5200.00	1497200.00
2	8000.00	2810.00	5190.00	1494390.00
...	...	...	...	...
360	8000.00	7950.00	50.00	0.00

• Specific Operation Demonstration: Users only need to fill in the above numbers in the corresponding input boxes, select equal principal and interest, and then click the "Calculate" button to get the above results.

Frequently Asked Questions

• Q: What is a combined loan? What are its advantages? A: A combined loan refers to a borrower applying for both a personal housing provident fund loan and a commercial personal housing loan when purchasing a self-occupied house. Its main advantage is that it can fully utilize the low interest rate advantage of the provident fund loan, while using a commercial loan to make up for the insufficient provident fund loan amount, thereby reducing the overall loan cost.
• Q: What repayment methods does this tool support? A: This combined loan calculator supports calculations for two mainstream repayment methods: equal principal and interest, and equal principal.
• Q: How should the loan interest rate be filled in? A: Please fill in the annual interest rate actually implemented by the bank, for example, the provident fund loan annual interest rate is 3.1%, and the commercial loan annual interest rate is 3.95%. When entering, only fill in the numerical part, such as 3.1 or 3.95.
• Q: How accurate are the calculation results? A: This tool strictly calculates according to national standard loan calculation formulas, and the results have high reference value. However, actual repayment may vary slightly due to factors such as the bank's interest calculation cycle, subtle interest rate adjustments, and deferred repayment dates for holidays. Please refer to the repayment plan or statement issued by the bank for the final result.

Applicable Population for Combined Loans

Combined loans are particularly suitable for the following homebuyers:

• Provident Fund Contributors: Those who regularly contribute to the provident fund, meet the conditions for provident fund loans, but whose provident fund loan amount is insufficient to cover the total purchase price of the house.
• Seeking Low-Cost Loans: Those who wish to enjoy the low interest rate of provident fund loans as much as possible, while also needing a higher total loan amount to meet their housing needs.
• Prudent Financial Planners: Those who wish to plan personal or family financial expenditures in advance through a detailed repayment plan to avoid excessive repayment pressure.

Notes

• Please ensure that the entered information for provident fund loan and commercial loan amounts, interest rates, and terms is accurate. Incorrect input will lead to inaccurate calculation results.
• For the loan annual interest rate, please directly enter the numerical value, without adding a percentage sign (%).
• The results provided by this calculator are for reference only and do not serve as any legal or contractual basis. Please refer to the bank's final notification for actual repayment.
• If you have special needs such as early repayment, adjustment of loan term or interest rate, this tool currently cannot simulate them. Please consult your lending bank.
• Banks may have special requirements for the approval process and required materials for combined loans. Please consult the bank or provident fund management center in advance.