Because the interest rate of each bank's five-year loan from the central bank is 4.75%, if the car loan is 200,000, it will be repaid in five years, and the interest to be paid in these five years is = 2000004.75% 5 = 47,500 yuan.

Car loan is the lender's application for purchase. Automobile consumption loan is a new loan method that banks guarantee loans at their special dealers.

The interest rate of automobile consumption loan refers to the larger loan amount and principal amount of the bank's purchase of self-use cars (non-profit family cars or commercial vehicles with less than 7 seats).

Automobile loan channel

1. auto finance threshold, companies are generally founded by auto companies. Its "convenience" is not only reflected in direct application through 4S stores, but also in hukou and housing.

2. Buying a car with a credit card: The most obvious advantage of lead-based cars is the loan interest rate, which is more favorable than the traditional bank car loan application. The models are also cross-brand and have a wider choice. If you need a higher letter.

3. Consumer loans such as bank car loans and bank loans have been greatly reduced, and some middle and low-end car loans have been temporarily closed. The biggest advantage is a wide range of choices. Car buyers can apply directly to the bank after they take a fancy to the model.

However, the procedure of lender qualification examination is very complicated. It is generally necessary to provide real estate (such as real estate) as collateral. Some banks are open to high-end customers or high-end models and can use the car itself as collateral, but compared with others,

In terms of loan interest rate, the auto mortgage interest rate generally rises by about 10% on the basis of the benchmark bank loan interest rate in the same period. Most car loan businesses need guarantee companies to guarantee or buy car guarantee insurance, and car buyers also need to bear 2.5% to 3% guarantee fees. When all procedures are added up, the comprehensive cost of bank car loan is the highest among the three ways.

2. The loan is 200,000 yuan, and the annual interest rate is 19.5. What is the interest for five-year repayment?

At present, the annual interest rate of five-year loans announced by the People's Bank of China is 4.75%. According to the benchmark interest rate, under the condition that the interest rate remains unchanged, the repayment method is "equal principal and interest repayment", the total interest is 25,082.94 yuan, and the monthly repayment amount is 37,565,438 yuan. Repay by "average capital Repayment Method", the total interest is 24 145.83 yuan, and the monthly repayment amount decreases month by month.

If you need a trial calculation, you can go to the homepage of China Merchants Bank and click "Financial Calculator"-"Personal Loan Calculator" on the right to make a trial calculation.

3. What's the interest rate of a 200,000 car after five years?

Because the loan interest rate of each bank is different, if the central bank's five-year loan interest rate is 4.75%, if the car loan is 200,000, it will be repaid in five years, and the interest to be repaid in these five years = 2000004.75% 5 = 47,500 yuan.

4. What is the fixed interest of 200,000 yuan for five years?

The annual interest rate of five-year time deposits of commercial banks is; 4.22%

20000054.22%=42200 yuan

The interest due is: 42,200 yuan.