If you borrow money from banks or private individuals, what do you have to pay? 1. Bank loan
At present, the bank loan interest rate is very high, around 5.0%. We calculate at the interest rate of 5.0%. If the loan is 300,000 yuan and it is used for 5 years, the interest is: 30× 5× 500 = 75,000 yuan.
This interest is more than twice what your aunt asked for. What you need to know is that bank loans are not something you can borrow if you want. Banks should review your credit information and your repayment ability. In addition, a large sum like 300 thousand may need collateral. Even if you can meet these conditions, it is impossible for the bank to receive the account in real time. It may take several working days for the loan to arrive.
2. Private lending
When people borrow legally, the interest is at least 1. In many places, the interest rate even reached 2 points. If you borrow 300,000 yuan a year, the interest will start at least 30,000 yuan and even reach 60,000 yuan.
If you use it for five years, the interest alone will be 1.5-0.3 million. The cost of this interest is 5- 10 times that of your aunt. And now the private lending, if there is no guarantor, if not particularly familiar with people. Even if you are willing to pay high interest, others will not lend you money. Compared with private lending, you really earn a lot, which is tantamount to making money for nothing.
In fact, your aunt took a certain risk by lending you money. To tell the truth, she is willing to lend you 300 thousand to help you do business these days. Maybe your parents, brothers and sisters can't do it.
Your aunt is definitely an important person in your life. She is willing to lend you so much money, and she has taken a certain risk. There are gains and losses in business. If you lose money, her 300,000 is equivalent to hitting Shui Piao. Moreover, if she doesn't lend you money, she will deposit it in the bank and buy a five-year certificate of deposit, which also has a yield of about 4.0%.
If you save 300,000 yuan for five years, you will get: 30× 5× 500 = 75,000 yuan.
She is in the bank, the principal is safe, and the interest is more than twice the interest she lent you. It's much safer than lending you money. So, your aunt charged you 30 thousand interest, just for an instant. I'm not really going to settle accounts with you, brother. Although she is your aunt, she is someone else's wife and mother. She should think about her family as much as she thinks about you.
What should you do? Your aunt lent you 300 thousand, and it will take five years for 30 thousand to get interest. Anyway, she lost blood. You should have a grateful heart in your heart and know how to thank the noble people who are willing to help you in life. Not only do you have to pay interest of 30 thousand yuan, but you also have to invite your aunt to treat her well in your hotel. After all, this is the noble person in your life. It's really not easy to meet such relatives all my life. Treasure it! Gave interest money. You can't say for sure, you will encounter difficult things in the future, and I believe your aunt will be willing to help you then.