Fee 1: down payment. That is, 100000× 30% = 30000 yuan.
Fee 2: security deposit. Generally, 3% of the loan amount is paid to the guarantee company, that is, 70,000× 3% = 2100 yuan. (Note: If the loan is not made through the guarantee company, this fee may not be charged. )
Cost 3: insurance premium. Insurance companies generally require car buyers to buy four types of insurance: car damage insurance, third party liability insurance, theft insurance and special insurance without deductible, totaling about 3,700 yuan. In addition, in order to prevent the loss of customers, insurance companies also stipulate that loans for more than one year must pay an extra premium of 1000 yuan in advance.
Fee 4: notarization and mortgage fee. Within 500 yuan. Notary fees are collected by notary offices, and vehicle mortgage fees are collected by vehicle management departments and guarantee companies.
Total reference cost: about 37,000 yuan.
How to calculate the principal and interest?
Take a loan of 654.38 million yuan with a term of three years as an example:
Principal: three years and 36 months, 100000 divided by 36 is about 2777.78, that is, the monthly fixed principal is 2777.78 yuan.
Interest: Generally, the interest on car loans is decreased by decreasing difference, that is, decreasing month by month. According to the agricultural bank of China's 5.28 ‰, the interest in the first month should be 528, divided by 36 months, which is equal to 14.67 yuan, and the interest in the second month is 528- 14.67 = 5 13.33 yuan. According to the arithmetic formula, the total interest for three years is 14.67+528× 36/2 = 9768.06 yuan.