The amount of interest needs to be determined comprehensively according to the term and interest rate. The loan is 60,000 yuan with a term of three years. The amount of interest varies according to the repayment method. Usually, according to the interest rate level shown in the diagram, there is an equal amount. The interest amount under these two repayment methods is as follows: The information in the figure is very comprehensive, covering factors such as amount, term and interest rate level, and giving the total repayment amount, interest and monthly repayment amount. Can make the problem have a comprehensive coverage.

Second, how to pay off the car loan interest in one lump sum?

The car loan can be paid off in advance in one lump sum. However, banks or financial institutions that repay in advance will charge a certain penalty. As for the amount of liquidated damages, it depends on the lending institution. The collection of general liquidated damages is basically 2%-5% of the repayment amount.

As for how to calculate the interest on prepayment of car loan, if it is a one-time prepayment, the interest calculation will end on the day when the bank principal and interest are paid off. In other words, how long you borrow money from the bank is interest. In addition, after the car loan is paid off in advance, the borrower needs to cancel the mortgage, otherwise the ownership of the car still belongs to the financial institution.

3. What's the interest on the car mortgage loan?

At the same time, the conditions for buying a car with a car mortgage loan in Hangzhou are:

1) has valid identification and full capacity for civil conduct;

(2) Can provide a fixed and detailed address certificate;

(3) Have a stable occupation and the ability to repay the loan principal and interest on schedule;

(4) Personal social credit is good;

(5) Holding a car purchase contract or agreement approved by the lender;

(6) Other conditions stipulated by the Cooperation Organization.

At the same time, the process of applying for buying a car in automobile mortgage is as follows:

(1) Original ID card, household registration book or other valid proof of residence, and provide its copy;

(2) proof of occupation and economic income;

(3) car purchase agreement, contract or letter of intent signed with the dealer;

(4) Other materials required by banks or lending institutions.

Because different banks have different loan interest rates and different handling fees. Therefore, different applicants have different qualifications.

Fourth, how to calculate the interest on car loans?

Buying a car is a personal car loan, which refers to a loan issued by a bank to individuals to buy their own cars (non-profit family cars or commercial cars with 7 seats or less). So, what's the interest on the loan to buy a car? How to calculate the interest on car loan? At present, there are three ways to buy a car by loan, one is to buy a car directly through bank loans, the other is to buy a car through auto finance company loans, and the third is to buy a car by credit card installment. (1) Credit card installment interest: In addition to the advantages of relatively simple approval and procedures, credit card car purchase does not need to provide corresponding property guarantee, which eliminates the cumbersome procedures such as intermediary notarization and brings extra expenses to consumers. Of course, the so-called zero interest does not mean that credit cards do not generate handling fees. It charges a processing fee. Generally, it is 12 (one year) 5% and 24 (two years) 9.5%. Because the local banking and financial policies of each city are different, the interest rate of the above procedures can only be used as a reference value. (2) Bank car loan interest As for the loan interest rate, ordinary bank car loans have no advantage. It is understood that the two-year car loan interest rate of a bank has risen to 7.8%, while the three-year loan interest rate has risen by about 30% on the basis of 6.65%. Usually, the 3-year auto loan interest rate has risen to 1 1.28% (iii) auto financing company loan interest Recently, the 3-year auto loan interest rate of an auto financing company 10.99% and the 5-year auto loan interest rate1.38%. Compared with the current bank loan interest rate 1-3 years (including 3 years) of 6.65%, it is much higher. Of course, this intermediate profit is shared by financial companies and cooperative banks. Visible consumers buy a car. According to the normal loan model of auto financing companies, consumers may wish to consider credit card installment. How to calculate the loan interest? 1. Calculate the loan interest with the formula. Buying a car with a loan is what we call a car loan. For a car loan, the interest can be calculated by a formula. However, the interest calculation formula of loan to buy a car will be different due to different repayment methods. The repayment methods of car loans are mainly divided into equal principal and interest and average capital. Their formula for calculating interest is: (1) equal principal and interest: total repayment interest = loan amount, loan monthly and monthly interest rate (1 interest rate), loan month /[( 1 interest rate), repayment month-1)- loan amount (2) average capital: repayment. The interest rate car loan calculator calculates interest. When applying for a loan to buy a car, another way to calculate the loan interest is the car loan calculator. Use the car loan calculator to calculate the loan interest rate, choose the repayment method according to the personal loan to buy a car, and input the loan amount, term and interest rate, so that the loan interest rate can be easily and accurately calculated. Related question and answer: What is the interest rate of car loan? The car loan interest rate of commercial banks fluctuates according to the national benchmark interest rate of commercial loans, while the car loan interest rate of other financial companies will be higher than that of commercial banks. At present, the benchmark interest rate is 4.350% within one year, 4.750% within one to five years and 4.900% over five years. : refers to the loan issued by the lender to the borrower who applies for buying a car. Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at their special dealers. The interest rate of automobile consumption loan refers to the ratio of the loan amount to the principal given by the bank to consumers, that is, borrowers, for purchasing their own cars (non-profit family cars or commercial vehicles with less than 7 seats). The higher the interest rate, the greater the repayment amount of consumers. ? The borrower must be a permanent resident of the place where the loan bank is located and have full capacity for civil conduct. The term of automobile consumption loan is generally 1-3 years, and the longest is no more than 5 years. Among them, the term of second-hand car loan (including extension) shall not exceed 3 years, and the term of dealer car loan shall not exceed 1 year. Benchmark interest rate According to the regulations of the central bank, the benchmark interest rate is implemented for auto loans, but financial institutions can float within a certain range of the benchmark interest rate. The term of auto loans in major banks is generally less than five years, and the interest rate of auto loans directly determines the cost of people's loans and becomes an important factor in determining whether people lend. How to calculate the monthly car loan interest rate The formula is: a = p (1i) [(1i) n-1]/n2/ia: monthly contribution p: total contribution i: monthly interest rate (annual interest rate/12)n: Generally, customers with excellent conditions can enjoy the benchmark interest rate or float down 10%, while ordinary customers need to float up 10% on the basis of the benchmark interest rate. Personal loan car purchase business is divided into direct customers, indirect customers and credit card car loans. The direct customer type is generally a bank car loan for customers to meet directly, and the indirect customer type is generally a car loan from an auto finance company to a customer car loan. The fees charged by banks for direct car loans include deposit, principal and interest, and 3% guarantee fee. And the bank's premium customer fees will be discounted, but the preferential policies of each bank are different. In addition to the above fees, the car loan of individual auto financing companies also needs to bear the supervision fee, fleet management fee and warranty renewal deposit. And credit cards, car loans. Credit card installment car loan only provides installment payment for bank credit card users, not all conditions can be handled, and there is an audit procedure, which is difficult for credit card users with bad credit records. The specific steps of buying a car by credit card are roughly as follows: 1. The cardholder (or applicant) calls the credit card center of the bank or goes to the local bank to find out whether he can apply for a credit card car loan. 2. The cardholder will fill in the installment order of car purchase at the dealer with his ID card, and the bank background will review it. 3. After the order is approved, the cardholder pays the down payment and goes through the normal car purchase procedures. 4. After the vehicle is licensed, the cardholder needs to go to the bank to go through the mortgage formalities and purchase the required auto insurance. Finally, I can drive the car away smoothly.