According to the latest loan interest rate, the benchmark interest rate for a one-year loan is 4.35%, so the annual interest of 1 ten thousand yuan is: 10000*4.35%=435 yuan, and the interest for one day is about 1.22 yuan.
As for the interest rate of bank loan 10000 yuan, the principal is repaid monthly 1000 yuan/year, and the benchmark interest rate is 6%. The monthly interest rates of the following two loan methods are as follows:
Matching principal and interest repayment method:
Total interest: 327.97 yuan
Total repayment: 10327.97
Monthly repayment principal and interest: 860.66
Average capital repayment method:
Total interest: 325.00 yuan
Total repayment: 10325.00 yuan.
Monthly repayment of principal and interest =883.33 yuan
Loan interest: refers to the reward that the lender gets from the borrower for issuing monetary funds, and it is also the price that the borrower must pay for using the funds.
Loans can be mortgaged (real estate, etc.). ) or secured loans, the latter with a smaller loan amount.
Calculation method of bank loan interest: Generally, compound interest is calculated on a monthly basis.
There are two ways to repay by installments: one is equal principal and interest, and the other is average capital. In the short term, you can also repay the principal and interest in one lump sum.
Let's take a bank loan of 60,000 yuan a year (12 months) as an example. According to the current annual loan interest rate of 5.3 1% (monthly interest rate: 5.31%12 = 0.4425%), how to calculate the loan interest under different calculation methods is described in detail:
1. One-time repayment of principal and interest, total principal and interest: 60000 * (1+0.4425%)12 = 63264.69 yuan.
2. Repayment by installment. Equal principal and interest. Matching principal and interest repayment means that the repayment amount of each installment (month) is the same, and the calculation method is as follows:
60,000 yuan, 1 year (12 months), monthly repayment amount: [60,000 * 0.4425% * (1+0.4425%)12]/[(1+)
Total repayment: 5144.98 *12 = 61739.76 yuan.
(Note: 12 is the power of 12)
3. Repayment by installments, equal principal repayment means unequal interest repayment, that is, repayment is getting less and less, the monthly repayment principal is unchanged, and the interest is decreasing.
60,000 yuan, 1 year (12), the monthly repayment of the principal is the same: 60,000 yuan/12 = 5,000 yuan.
First month repayment = first month principal+first month interest:
Repayment: 5000+60000*0.4225%=5253.50.
Repayment in the second month: 5000+(60000-5000) * 0.4225% = 5232.38.
Payment in the third month: 5000+(60000-5000 * 2) * 0.4225% = 5211.25.
etc
Nth month repayment: 5000+[60000-5000 * (n-1)] * 0.4225%.
* * * Interest amount: 6 1725.75
The calculation results are as follows:
1 month, 5265.5 yuan.
February 5,243.38 yuan
March 522 1.25 (yuan)
April 5 199. 13 (yuan)
May 5 177 (yuan)
June 5 154.88 (yuan)
July 5 132.75 (yuan)
August 5 1 10.63 yuan.
In September, 5088.5 yuan
10 month, 5066.38 yuan.
1 1 month, 5044.25 (yuan)
65438+ February, 5022. 13 (yuan)
Three factors determining loan interest:
Loan amount, loan term and loan interest rate
Loan interest = loan amount * loan interest rate * loan term = loan amount * loan interest rate * loan term = loan amount * days * daily interest rate = loan amount * months * monthly interest rate = loan amount * years * annual interest rate.
Loan days = month *30 days+odd days (for example, 65438+ 10/until May 24th, it is 4 * 30+24 = 1 44 days).
Daily interest rate = annual interest rate /360
Monthly interest rate = annual interest rate/12.