Car loan calculation formula: 1. Repayment of principal and interest, that is, equal repayment of loan principal and interest every month during the loan period. The calculation formula of monthly repayment amount is: monthly repayment amount = loan principal × monthly interest rate ×( 1 interest rate) repayment months /[( 1 interest rate) repayment months-1]; Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. The actual interest rate of car loan is set by the handling bank according to the actual situation of customers and with reference to the benchmark interest rate stipulated by the central bank. There are three types of car loans: direct, indirect and credit card. The term of car loan is generally 1-3 years, and the longest is no more than 5 years. Car loan types Car loan personal loan car purchase business is divided into three types: 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. Loan terms: 1. Having 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.
Second, the latest car loan calculator 20 1 1? How to calculate how much I will spend and save?
The loan calculator is very good It is simple and convenient to calculate how much you can borrow and then decide on the loan. Recommended calculation:/question/401687771.html.
Third, buy a car installment calculator?
Repayment method
repayment period
a sum of money
10
Ten thousand yuan
interest rate
4.35
%
Show detailed information
Calculation result
Repay 0 yuan every month
Pay interest, 0 yuan.
Total repayment amount 0 yuan
Repayment details
Car loan interest generally applies to the standard interest rate of the central bank. At present, the benchmark interest rate is 4.35%, but ordinary automobile manufacturers and sales companies will have interest discounts, so the interest rate is not fixed. Please enter the actual interest rate when calculating with this car loan calculator.