Interest rate = interest/principal/time × 100%
For example: deposit 100 yuan,
The bank promised to pay an annual interest rate of 4.2%
Then the bank will pay 4.2 yuan interest in the second year.
The calculation formula is 100×4.2%=4.2 yuan.
The formula is: interest rate = interest ÷ principal ÷ time × 100%.
Interest = principal × interest rate× time
= 100×4.2%=4.2 yuan.
The final withdrawal 104.2= 104.2 yuan.
Extended data
Matters needing attention
1. When applying for a loan, the borrower makes a correct judgment on his repayment ability. Design a repayment plan according to your income level, leaving room for it and not affecting your normal life.
2. Choose the appropriate repayment method. There are two repayment methods: equal repayment and equal principal repayment. Once the repayment method is agreed in the contract, it shall not be changed during the whole loan period.
3. Repay on time every month to avoid penalty interest. From the month following the initiation of the loan, the lending time of the next month is usually the repayment date. Don't default on the penalty interest because of your negligence, so that the bank can't approve the loan application again.
4. Take care of your contract and receipt, read the terms of the contract carefully, and know your rights and obligations.
With the house, interest, monthly payment and repayment, how to calculate a 50W mortgage loan?
The repayment method is as follows:
I. Average capital
The so-called average capital means that the monthly repayment principal of buyers remains unchanged, but the monthly repayment interest will decrease with the decrease of the remaining unpaid principal. The calculation formula of average capital is as follows:
Monthly repayable principal = total loan principal ÷ repayment months.
Monthly interest payable = residual principal × monthly interest rate = (loan principal-accumulated principal repayment) × monthly interest rate
Monthly payment = (loan principal ÷ repayment months) (loan principal-accumulated repaid principal) × monthly interest rate.
2. Equal principal and interest
The so-called matching principal and interest means that the monthly payment repaid by the buyers is the same, but the proportion of principal and interest in the monthly payment is different. At the initial stage of repayment, the proportion of principal is less and the proportion of interest is more. With the monthly repayment, the proportion of principal will increase and the proportion of interest will decrease. Calculation formula of equal principal and interest:
Monthly interest payment = residual principal × monthly loan interest rate;
Monthly repayment of principal = monthly repayment of principal and interest-monthly payment of interest.
Monthly payment = residual principal × monthly loan interest rate × monthly principal repayment-monthly interest payment.
This is the formula, you can work it out by yourself. )
Matching principal and interest repayment method has a balanced repayment pressure but needs to pay more interest, which is suitable for people who have a certain deposit, but their income may be flat or declining, their living burden is increasing day by day, and there is no prepayment plan. If the property buyers are short of funds, considering the economic pressure and the preparation for early repayment, or the monthly supply they can afford is not much, matching the principal and interest is a good choice.
Calculation formula of personal housing mortgage loan in banks
Housing mortgage loan is a kind of loan provided by the bank to ensure the safety of the loan. The borrower's real estate, securities and other documents can legally obtain the lien and pledge of the borrower's property through certain contracts.
This kind of loan is actually a loan method in which the debtor (mortgagor) legally transfers the property ownership to the creditor (mortgagee) to obtain a loan. During this period, if the debtor fails to repay the loan principal and interest on schedule, the creditor has the right to dispose of the collateral and get priority compensation.
There are three main formulas for calculating the amount of personal housing mortgage loans of banks:
1, calculated according to repayment ability
Loan amount = (the sum of the borrower's monthly contribution to the provident fund/the contribution ratio of units and individuals) 35% 12 months loan period.
2. Calculated according to the deposit amount of provident fund.
Loan amount = (balance of borrower's provident fund deposit, balance of spouse's provident fund deposit) 20 times the time coefficient of borrower's deposit.
3. Valuation of the house
The appraisal value of individual housing mortgage loan is between 50% and 80%, that is, the loan amount is 50%-80% of the housing value.
How much is the monthly mortgage?
Mortgage the house to the bank for a loan of 400,000 yuan, which will be paid off in 10. What is the average monthly amount?
1. The loan interest rate of the house mortgage loan is 4.90% of the benchmark interest rate. If the loan is paid off within 400,000 years, 10:
The total loan amount is 400,000.
The total repayment amount is 50677 1.5 yuan.
Pay interest 10677 1.5 yuan.
The loan period is 120 months.
The monthly repayment is 4223. 1 yuan.
The calculation method can refer to the online mortgage calculator.
Two, housing mortgage loan application materials:
1. real estate license (real estate license and land certificate must be mortgaged to the bank when mortgage the bank loan)
2. Identity cards of the obligee and his spouse
3. Household register of the obligee and spouse
4. Marriage certificate of the obligee (marriage certificate or unmarried certificate issued by the Civil Affairs Bureau)
5. proof of income (this proof has a great influence on the success and maximum amount of mortgage bank loans. )
6. If the property owner has minor children, please provide birth certificate.
7. If there is a bank loan for the property, please provide the original loan contract and the last bank statement.
8. In order to improve the pass rate of mortgage loan, please provide other family property certificates (such as other real estate licenses, stocks, funds, cash passbooks, vehicle driving licenses, etc.) as far as possible. )
The house is mortgaged with a bank loan of 400 thousand. /kloc-how much is the monthly repayment in 0/0?
If you want to calculate the monthly information for reference, please open the following link:: cmbchina. /cmbwebpubinfo/cal _ loan _ per . aspx？ Chnl=dkjsq tries to use the benchmark interest rate of the current loan to try monthly payment.
If your city has China Merchants Bank, you can try to apply for a loan through China Merchants Bank. The loan interest rate needs to be comprehensively priced according to the business type, credit status, guarantee method and other factors you apply for, and can only be determined after being approved by the handling outlets.
How much is the monthly average loan of 0.45% for 64 thousand years?
The monthly interest rate is 0.45%, right?
If the monthly interest rate =0.45%
Formula: monthly repayment amount = loan amount, monthly interest rate/1-( 1 interest rate)-repayment months.
Monthly repayment amount = 600,000.45%/1-(10.45%)-48 =1,392.66 yuan.
The annual interest rate is 5.4%, and the monthly repayment is 1, 392.66 yuan.
The mortgage bank loan is 6.5438+0.5 million yuan, which will be paid off in five years. How much will it cost every month?
The housing mortgage loan is RMB 6,543,800+0.5 million yuan, and the mortgage is for five years. According to the current standard that the benchmark interest rate of banks will not rise, the monthly payment is as follows:
Matching principal and interest repayment method:
The total loan is 150000.00 yuan.
Repayment months: 60 months
The monthly repayment is 2847.90 yuan.
A total of 20,873.85 yuan of interest was paid.
Total principal and interest 170873.85 yuan.
Equal principal repayment:
The total loan is 150000.00 yuan.
Repayment months: 60 months
The repayment in the first month is 365,438 yuan +056.25 yuan.
Decreasing monthly: 10.94 yuan.
A total interest of 200 15.63 yuan was paid.
Total principal and interest 1700 15.63 yuan.
How much interest should I pay for a bank loan of 250,000 yuan in fifteen years, and how much is it on average every month? How many years will it be worthwhile?
Hello, if you apply for a loan in our bank, the monthly repayment amount of the loan needs to provide the following elements for calculation: total amount, loan term, loan execution interest rate and specific repayment method. The above information can only be determined after the loan handling bank specially reviews your comprehensive information. If you just want to test a general information, please open: cmbchina. /cmbwebpubinfo/cal _ loan _ per . aspx？ Chnl=dkjsq Use a financial calculator for trial calculation (the trial results are for reference only). Note: The actual loan information can only be determined after the audit of the handling bank. If PBOC subsequently changes the benchmark loan interest rate, the personal loan execution interest rate may also change, which may eventually lead to a change in the monthly payment. Thank you for your attention and support!
How much can the house be mortgaged to the bank for loan?
It depends on the purpose of the loan. If you apply for a loan from China Merchants Bank, we have personal consumption loans, which are issued by our bank to natural persons for personal or family legitimate consumption purposes such as car purchase, parking, decoration, education, bulk shopping and tourism. , generally secured by real estate mortgage. You need to provide your personal information and proof of the specific use of funds, and apply through the counter personal loan department.
Generally, commercial housing is used as collateral, and the mortgage rate shall not exceed 70% of the present value of real estate appraisal; Where commercial houses are mortgaged, the mortgage rate shall not exceed 60% of the net value of real estate appraisal or 50% of the present value of appraisal. For educational purposes, the term shall not exceed 8 years (inclusive).
How to calculate the bank loan mortgage housing loan in 20 10?
You still have to tell us what the interest rate is.
Suggestion: there is a little thing called financial calculator. You can search and download one. As long as you know the loan amount, interest rate (usually monthly interest), term (usually calculated according to how many months), and then there are options such as equal principal and interest or average capital, you can try it.
I want to mortgage my house to the bank for a loan of 200,000 yuan, which will be paid off in 20 years. How much is the monthly interest?
Hello, what is the purpose of your loan? Which city are you going to apply for? I suggest that you can go through the "online customer service": forum. cmbchina。 /CMU/icslogin.aspx？ From=Blogincmu=0 Learn more about it according to your own specific situation. Thank you for your attention and support!
How much is the interest on mortgage of the house to the bank for 338,000 yuan 10 year?
At present, the annual interest rate of loans from June to June (including June) announced by the People's Bank of China is 4.35%, from June to 1 year (including 1 year) is 4.35%, from 1-3 years (including 3 years) is 4.75%, and from 3 to 5 years (including 5 years). You can enjoy a discount when you buy the first suite, and the lowest benchmark interest rate can be lowered by 30%~
How much is the mortgage bank loan of 400 thousand paid off in 20 years every month at the current interest rate
Unlike banks, the monthly interest rate of the four major mortgage banks is around 0.6%. Calculated, it is still 3 149.4 per month.