Monthly 1735 yuan.
Loan refers to a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. The simple and popular understanding is to borrow money with interest.
Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development; At the same time, banks can also obtain loan interest income and increase their own accumulation.
"Three natures" refer to safety, liquidity and efficiency, which are the basic principles of commercial banks' loan operation. Article 4 of the Law of People's Republic of China (PRC) Commercial Bank stipulates: "Commercial banks should operate independently, bear their own risks, be responsible for their own profits and losses, and manage themselves by themselves in accordance with the principles of safety, liquidity and efficiency."
1, loan security is the primary problem faced by commercial banks;
2. Liquidity refers to the ability to recover the loan within a predetermined period of time or realize it quickly without loss of land, so as to meet the demand of customers for withdrawing deposits at any time;
3. Efficiency is the basis of sustainable operation of banks.
For example, if long-term loans are issued, the interest rate will be higher than short-term loans, and the benefits will be good. However, if the loan term is long, the risks will increase, the security will decrease and the liquidity will weaken. Therefore, the "three natures" should be harmonious, and the loan can be without problems.
Interest refers to the remuneration paid by the borrower to the lender in order to obtain the right to use funds, which is the use price of funds in a certain period (that is, the loan principal). The loan interest can be calculated in detail by the loan interest calculator. In civil law, interest is the legal fruit of principal.
The benchmark interest rate is a universally applicable reference interest rate in the financial market, and other interest rate levels or financial asset prices can be determined according to this benchmark interest rate level. Benchmark interest rate is one of the important prerequisites for interest rate marketization. Under the condition of interest rate marketization, financiers measure financing costs, investors calculate investment returns, and management regulates macroeconomics. Objectively, a universally recognized benchmark interest rate level is needed as a reference. Therefore, in a sense, the benchmark interest rate is the core of the formation of interest rate marketization mechanism. Simply put, you usually deposit money in the bank and he gives you interest. The greater the benchmark interest rate, the more interest; The smaller the benchmark interest rate, the smaller the interest.
Average capital repayment method (10 year) how much is the monthly mortgage of120,000 yuan?
If the loan principal is 654.38+0.2 million yuan and the term is 65.438+00 years, the average capital repayment method will be adopted according to the benchmark annual interest rate of the People's Bank of China for loans over five years, such as the first phase: 65.438+0.490 and the second phase: 65.438+0.485. 92。
How much is the monthly payment of 65438+200,000 yuan paid off in ten years?
If you want to pay 12 months, the monthly repayment amount is10000 (22%) ÷12 (122% ÷12)12)
If the principal and interest are equal, the amount of loan principal and interest repaid each month is the same (that is, the total amount of monthly repayment is the same, in which the interest decreases month by month and the principal increases month by month).
Monthly repayment amount = loan principal × (monthly interest rate× (1interest rate) repayment months) /(( 1 interest rate) repayment months-1)
In the case of average capital: repay the same amount of principal every month. With the reduction of the remaining principal, the monthly interest also decreases, so the monthly repayment amount also decreases accordingly.
Monthly repayment amount = loan principal/repayment months (principal-accumulated amount of repaid principal) × monthly interest rate.
I. Loan interest
General compound interest is calculated on a monthly basis. Compound interest means that after the end of each interest period, the remaining interest should be added to the principal to calculate the interest of the next period. In this way, in each interest-bearing period, the interest of the previous interest-bearing period will become the principal of interest-bearing, that is, interest will accrue at interest, which is also commonly known as "rolling interest".
There are two ways to repay by installments, one is equal principal and interest, and the other is average capital. Due to the different repayment methods, the monthly loan interest is also different. However, no matter what kind of loan method, there is a unified calculation standard for bank loan interest.
Second, the loan interest calculation formula
Daily interest rate (0/000)= annual interest rate (%)÷360 = monthly interest rate (‰)÷30.
Monthly interest rate (‰) = annual interest rate (%)÷ 12
Current month loan interest = the monthly interest rate of the remaining principal loan last month;
Principal paid in the current month = repayment amount in the current month-loan interest in the current month;
Remaining principal of last month = total loan-accumulated principal repayment;
So, how to calculate the loan interest? Below we can according to a practical example to illustrate:
If borrower A borrows RMB 6,543,800+from XX Bank, the loan period is 3 years, and the latest loan interest rate of 2065.438+03 is implemented, and the monthly loan interest rate is 0. 5 125% (at present, the annual interest rate of three-year loans is 6. 15%)。
First month loan interest = 1000000. 5 125%=5 12。 5;
Principal paid in the first month = repayment amount in the first month (depending on repayment method) -52 1. 5;
Residual principal in the first month = 100000- (repayment amount in the first month -52 1. 5);
Second month loan interest ={ 100000- (first month repayment amount -52 1. 5)}0。 5 125%
This is the end of the monthly loan introduction of 120 and 10. Did you find the information you needed?