1. If the principal and interest are equal, one day's interest is about 13.6 yuan, and the other day's principal and interest should be about 80 yuan, then the principal and interest to be repaid in one month is about 2,430 yuan;
2. If the average capital is used, the interest for one day is about 13.63 yuan, and the principal plus interest for the other day should be about 86 yuan, then the principal and interest to be repaid in the first month is about 2,630 yuan;
The latter has great repayment pressure at the initial stage, but it can save interest by 225.37 yuan compared with the former. If the repayment will be made in advance in the future, the latter is more suitable.
Conditions for bank loans:
1. A natural person aged 20-55 with full capacity for civil conduct; Have a local permanent residence or long-term residence certificate and a fixed residence.
2. Have a stable and legal income source, have the ability to repay the principal and interest of the loan on schedule, and the annual household income of the borrower is more than 20,000 yuan; The credit rating assessed or recognized by the bank is BBB or above.
3. It has a good reputation in the personal credit information system of the People's Bank of China and has no bad credit record.
4. Individual housing loan/provident fund loan quality customers must meet the relevant conditions at the same time;
5. Paying high-quality provident fund to customers must meet relevant conditions at the same time;
6. Never had a record of personal loan default or other default in the bank.
7. The stock of high-quality employees who pay wages, and 8. Other loan conditions required by the bank.
The bank loan process is as follows:
1, loan application. Borrowers apply for loans from local banks. In addition to applying for small loans in rural areas, relevant information is required when applying for other types of loans. (1) Basic information of the borrower and guarantor; The financial report of the previous year approved by the financial department or accounting (auditing) firm, and the financial report of the previous period of applying for a loan; (3) Rectification of original unreasonable loans; (4) List of mortgaged property and pledged property, proof that the person who has the right to dispose of it agrees to mortgage and pledge, and relevant proof that the guarantor agrees to guarantee intention; 5] Project proposal and feasibility report; (6) Other relevant information deemed necessary by the Bank.
2. Credit rating evaluation. The bank evaluates the borrower's credit rating.
3. Loan survey. Banks investigate the legitimacy, safety and profitability of borrowers.
4. Loan approval. Banks should examine and approve loans in accordance with the loan management system of separation of examination and loan and grading examination and approval.
5. sign a contract. The bank signs a loan contract with the borrower.
6. Loan issuance. The bank issues loans on schedule according to the loan contract.
7. Post-loan inspection. The bank conducts follow-up investigation and inspection on the borrower's performance of the loan contract and operation.
8. Loan repayment. When the loan expires, the borrower shall repay the loan principal and interest in full and on time. If extension is needed, an application for extension should be submitted to the bank before the loan expires, and the bank will decide whether to extend it.