The maximum installment amount is 6,543,800 yuan.
Solve financial problems
In Chongqing, "buying a house and finding CCB" is well known by many citizens, including Xiaoxi and chenchen. Last year, after they got the license, they bought a first-class wedding room. In order to buy a house, both families provided financial support, but the decoration cost must be borne by the young couple. The total area of the suite next door is 100 square meter. The cost of decoration and home appliance purchase is around 400,000. The amount is not small, and it is difficult to contact parents. When can I stay in the wedding room?
"The charge is reasonable and the price is low. Although there is a mortgage, it will not affect our quality of life. " Chen said that thanks to the installment service of CCB, they can stay in the wedding room in the second half of the year.
United with 300 merchants
Consumption of more than 2000 yuan, minus 200 yuan.
The May Day and Dragon Boat Festival holidays are also the traditional peak season for home appliance sales. Many families plan to use their holidays to visit major shopping malls and shop around to find their most satisfactory furniture and appliances. From now until June 30th, CCB will jointly launch a reduction activity with more than 300 merchants: as long as cardholders who decorate in stages (including stages) spend money in home improvement merchants, they can enjoy a discount of more than 2,000 yuan and reduce 200 yuan.
These brands include Zhong Bai, Suning Appliance, Gome, Midea, Easyhome, Haier, Quanyou Home, Jianmart, Red Star Macalline and so on. Stores cover the main city, Bishan, Fuling, Jiangjin, Fengjie, Fengdu, Hechuan, Kaizhou, Liangping, Rongchang, Qijiang, Shizhu, Tongnan and Wanzhou. Cardholders of CCB can choose nearby and participate in activities. As a reminder, each card is limited to one opportunity during the activity.
Since 20021,Chongqing Branch of China Construction Bank has carried out activities such as "Household Appliances New Year Festival", "Longka Weekend Festival" and "Longka Spring Shopping Festival", aiming at actively serving people's livelihood and boosting consumption to improve quality and efficiency.
(Registration of decoration by stages)
Related Q&A: How much is the installment fee for credit card decoration of CCB? If you take out a loan for five years. The commission rate for each installment is 0.2 1 5896850698 1 7400646831364125. If you repay the principal 100 every month after the installment, the repayment commission is 21. Very suitable. The most important point is that you can apply for early repayment after 1 year repayment. No more handling fees.
Related Q&A: Is it true that the annualized interest of the renovation loan of CCB is only 3%? At present, the bank's loan interest rate is relatively low, but no matter how low, normal commercial loans can basically reach more than 5%. For example, at present, everyone who goes to the bank to apply for a mortgage is basically above 5.2%.
Because of this, many people suddenly see that CCB has a renovation loan with a 3% interest rate. Many people find it incredible, and some even think it is completely impossible.
First of all, I can tell you for sure that CCB does have a decoration loan with a monthly interest rate of only 0.25%.
However, in the product introduction of CCB, it is not called interest, but called handling fee, and the monthly handling fee is 0.25%. As for the handling fee, the actual situation of different customers is different, the term is different, and the interest rate is different. In general, it is generally between 0.25% and 0.33%.
The annualized interest rate converted from a monthly interest rate of 0.25% is only 0.25%× 12=3%, which is really low.
However, we must understand a concept. The repayment method of this decoration loan is that the principal and interest remain unchanged every month.
For example, if you borrow 654.38 million yuan for five years, that is, 60 installments, then the monthly principal is 1667 yuan, the monthly handling fee is 250 yuan, and the monthly repayment is 19 17 yuan.
In this way, the annualized interest rate of 3% seems to be no problem, but in fact the real interest rate is much higher than 3%.
Because everyone is paying back the principal every month, that is to say, the principal is getting less and less, and everyone occupies less and less bank funds, but the bank still collects interest according to the principal of 65,438+10,000 yuan, which is invisible. The interest actually paid by everyone is higher than 3%.
For example, if you borrow 654.38+10,000 yuan, you can borrow it for 5 years and repay the principal 1.667 yuan every month. In the first four years, you have to pay back the principal of 800 16 yuan, which is equivalent to the remaining principal of the last year 19984 yuan, but the handling fee you have to pay in the last year is 250 yuan × 12 =.
Simply calculate, if you look at the actual utilization rate of funds, the actual interest rate of CCB decoration loans is much higher than 3%.
Sure, what's the real interest rate? This is a complicated calculation method, but it can still be calculated by formula calculation.
For example, the monthly interest rate is 0.27%, and the five-year nominal interest rate is only 3.24%, but the real interest rate should be 6.07%;
If the monthly interest rate is 0.33% and the loan term is 6 years, the nominal interest rate is only 3.96%, but the real interest rate is 7.29%.
It can be seen that the interest rate of about 3% for the renovation of CCB is not the real interest rate, and the real interest rate should be about 0.8 times of the nominal interest rate of 65438.
Of course, this interest rate is not very high as a whole. Even if the annualized interest rate reaches 6%, it is very cheap compared with some small loans outside, even compared with some online loans such as loans and micro-loans. This interest rate is only about 1/3 of that of loans and micro-loans, so the renovation team of CCB is still very cost-effective.