Minsheng Bank has a loan of 520,000 yuan with a term of 20 years. How to calculate the interest?

1. Minsheng Bank has a loan of 520,000 yuan with a term of 20 years. How to calculate the interest?

Total loan amount: 520,000 yuan, total repayment amount: 889,796,5438 yuan +0.477 yuan, down payment: yuan, loan months: 240 months, monthly repayment: more than 3,707.46 yuan. Data refer to the standard interest rate of 65438 yuan+February 23, 2008.

Second, Minsheng Bank has a loan of 520,000 yuan with a term of 20 years. How to calculate the interest?

It should be calculated according to the bank interest rate on the day of lending you money.

Let's ask the bank.

3. How to calculate the mortgage interest? How much do I have to pay back the 520 thousand mortgage every month for 20 years?

Related to the implementation interest rate and repayment method, according to the current general annual interest rate of 5.88% for five years and above, the repayment of principal and interest is equal (the monthly repayment amount is the same), and the monthly interest rate for 20 years (240 months) is 5.88%/ 12520000:

Monthly repayment amount = 5200005.88%/12 (15.88%/12) 240/((15.88%/12) 240-/kloc.

Total interest =3689.53240-520000=365487.2

Description: 240 is the power of 240.

4. How to calculate the deposit interest rate?

Calculation formula of bank deposit interest rate

1. Calculation formula of periodic interest

Interest = principal × interest rate× deposit term

Suppose Xiao Wu has a deposit of 10000 yuan in Bank of Beijing with a term of 1 year, then according to the current one-year deposit rate of 2.03% in Bank of Beijing, after one year expires, Xiao Wu can get interest of10000× 2.03 %×1= 2000.

2. Calculation formula of current interest

Interest = cumulative interest-bearing products × daily interest rate

Daily interest rate = annual interest rate /360 days

Accumulated interest product = total daily balance

The product interest method calculates interest according to the actual number of days.

Suppose Xiao Wu deposits 65,438+00,000 yuan in Bank of Beijing for 30 days. According to the current one-year deposit rate of 0.35% in Bank of Beijing, Xiao Wang will get 2.88 interest after 30 days.

Table of deposit interest rates of various banks

Bank demand (%) lump-sum deposit and withdrawal

3 months (%)6 months (%) one year (%) two years (%) three years (%) five years (%)

Bank of Beijing 0.351.511.772.032.53+0538+05.

China Bohai Bank 0.351.51.7522.653.253

Icbc 0.31.351.551.752.252.752.75

China Everbright Bank 0.3 1.5 1.7538+02. 38667.86686866667

China guangfa bank 0.31.51.7522.43.13.2

Hengfeng bank 0.351.431.691.952.53+03.1.

Huaxia Bank 0.31.51.7522.43.13.2

China Construction Bank 0.31.351.551.752.252.752.755

Bank of Jiangsu 0.351.41.675438+0.922.523+03.438+05.