The monthly loan repayment of 654.38 million yuan is related to the user's loan institution, loan interest rate and repayment method. Taking mortgage as an example, according to the central bank's benchmark interest rate, it is as follows:
1, commercial loan:
(1) Equal principal and interest: the monthly repayment amount is 1875.69 yuan.
(2) Average capital: the repayment amount in the first month is 2062.5 yuan, the repayment amount in the second month is 2055.9 yuan ... then it will decrease every month, and the repayment amount in the last month is 1673.26 yuan.
2. Provident fund loans:
(1) Equal principal and interest: the monthly repayment amount is 1785.78 yuan.
(2) Average capital: the repayment amount in the first month is 65,438+0,895.83 yuan, the repayment amount in the second month is 65,438+0,892.0 1 yuan ... and then the repayment amount in the last month is1670.49 yuan.
Matching principal and interest repayment method: monthly repayment amount = [loan principal× monthly interest rate× (1interest rate )× repayment months ]=[( 1 interest rate )× repayment months]
Average capital repayment method: monthly repayment amount = (loan principal ÷ repayment months) (loan principal-accumulated amount of repaid principal) × monthly interest rate.
What are the repayment methods?
1, equal repayment of principal and interest
Matching principal and interest repayment can be said to be the most used repayment method now, because in the absence of choice by buyers, the bank defaults to matching principal and interest repayment method. In the monthly repayment of equal principal and interest, the proportion of principal is increasing month by month, and the proportion of interest is decreasing month by month. Add up the total principal and interest of the mortgage loan and distribute it evenly to each month of the repayment period. This repayment method is suitable for families with stable income, buying a house for self-occupation and economic conditions that do not allow excessive investment in the early stage.
2. Repayment by average capital
The repayment method in average capital is just the opposite of the repayment method of equal principal and interest. The so-called average capital repayment method is also called the repayment method with interest and average capital's unequal interest. The lender will allocate the principal to each month and pay off the interest from the previous trading day to the repayment date. Compared with equal principal and interest, this repayment method has lower total interest expense, which is more suitable for lenders with strong repayment ability some time ago. Of course, some older people are also more suitable for this method.
3. One-time repayment of principal and interest
The nature of this repayment method is different from that of equal principal and interest repayment and equal principal repayment, and it belongs to a kind of early repayment. The bank's stipulation for this repayment method is that if the loan term is within one year (including one year), the principal and interest will be repaid at the maturity, and the interest will be paid off together with the principal. However, with the change of repayment method, one year is expected to be extended to five years. This method is strictly approved by banks and is generally only open to small short-term loans.
The loan is 654.38 million yuan and will be paid off in five years. How much is the interest?
1, with a loan of 65438+ ten thousand yuan, which will be paid off in five years. The interest is about 19537.46 yuan;
2. The simple and popular understanding of a loan is to borrow money with interest;
3. Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them.
Extended data:
Loan introduction:
Article 18 of the Interim Measures for the Administration of Personal Loans shall comprehensively review the legality, rationality and accuracy of the loan investigation contents, focusing on the due diligence of the investigators and the borrower's repayment ability, credit status, guarantee status, mortgage (pledge) ratio and risk degree.
Nineteenth loan risk assessment should be based on the analysis of the borrower's cash income, using quantitative and qualitative analysis methods to conduct a comprehensive and dynamic loan review and risk assessment. The lender shall establish and improve the borrower's credit record and evaluation system.
Article 37 The lender shall regularly track, analyze and evaluate the borrower's performance of the loan contract, and take it as the credit evaluation basis for subsequent cooperation with the borrower.