There are two kinds of parking loans: matching principal and interest and average capital. Generally speaking, it will be more cost-effective to choose average capital, but the repayment pressure of car owners will be greater. Average capital will increase the overall cost, but the monthly repayment will be lower. Therefore, we'd better judge according to our own situation. If your income is relatively stable, you'd better choose average capital. If your income fluctuates greatly, you can choose equal principal and interest.
1. What is the real interest rate of the parking loan?
All children who have studied finance know the real interest rate. In accounting treatment, bonds payable will also involve the effective interest rate method. To put it bluntly, the real interest rate is relative to the nominal interest rate, and the nominal interest rate is the interest cost you really bear. We choose a repayment plan from the above parking lot loan products: the loan is 6,543,800 yuan, the monthly payment is 365,438 yuan+000 yuan, and the interest rate is 0.33%/ month. The total interest to be repaid is 1 1600 yuan, so the total interest rate is 1 1.60%. 1 1.60%/3=3.87%. If you think like this, it is easy to fall into the pit. The following is our repayment plan: choose the total repayment amount and loan of 654.38 million yuan, and calculate the real interest rate by IRR function as 7.27%. Although the nominal interest rate and interest rate are around 3%-4%, the interest cost we have to bear is 7.27%. This is because the monthly repayment of 3 100 yuan includes the principal 100 million yuan. However, with the gradual decline of the principal, we still repay the loan at the nominal interest rate of 654.38+10,000 yuan per month, which is definitely not cost-effective in the next few months.
2. Apply for parking loan at ICBC:
The individual who applied for personal parking loan has applied for a first-hand housing loan in ICBC, but the housing loan has not been paid off. The applicant bought a parking space in his own community. When handling the parking loan, the bank will evaluate the parking space and compare it with the transaction price of the purchased parking space, and give a certain amount of parking space loan according to the lower price, with the highest proportion not exceeding 70% of the lower transaction price and the parking space evaluation price, and the loan period not exceeding 10 years and less than the remaining repayment period of the housing loan.
Finally, individuals applying for parking spaces at ABC need to provide a set of houses with complete property rights as loan collateral, in addition to handling ABC and first-class housing loan business. The loan amount is determined according to the bank's evaluation price of the mortgaged house and personal credit rating. The maximum loan amount cannot exceed 60% of the mortgage real estate assessment price, and the loan period cannot exceed 65,438+00 years.
What is the monthly parking loan of 654.38+ 10,000 yuan?
Loan is the result of comprehensive calculation based on loan amount, execution interest rate, loan term, repayment method and other factors, and the actual monthly payment cannot be calculated only based on loan amount. The loan for parking spaces is 654.38 million yuan, with an interest rate of 6.4%. In May, the total loan was 65.438+000.00 yuan, and in June, the monthly loan was 65.438+0.9565,438+0.93 yuan.
Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at their special dealers. The interest rate of automobile consumption loan refers to the ratio of the loan amount to the principal given by the bank to consumers, that is, borrowers, for purchasing their own cars (non-profit family cars or commercial vehicles with less than 7 seats). The higher the interest rate, the greater the repayment amount of consumers.
benchmark interest rate
According to the regulations of the central bank, the benchmark interest rate is implemented for auto loans, but financial institutions can float within a certain range of the benchmark interest rate. The term of auto loans in major banks is generally less than five years, and the interest rate of auto loans directly determines the cost of people's loans and becomes an important factor in determining whether people lend.
How to calculate the car loan interest rate
Calculation formula of monthly car loan: a = p (1i) [(1i) n-1]/n 2/i.
A: Monthly contributions.
P: total donations
I: monthly interest rate (annual interest rate/12)
N: Total months of contribution (year × 12)
loan rate
The actual interest rate of car loan is set by the handling bank according to the actual situation of customers and with reference to the benchmark interest rate stipulated by the central bank. Generally, customers with excellent conditions can enjoy the benchmark interest rate or float down 10%, while ordinary customers need to float up 10% on the basis of the benchmark interest rate.
20 13 latest bank loan interest rate: benchmark floating 10%- 15%.
Personal loan car purchase business is divided into direct customers, indirect customers and credit card car loans. The direct customer type is generally a bank car loan for customers to meet directly, and the indirect customer type is generally a car loan from an auto finance company to a customer car loan.
The fees charged by banks for direct car loans include deposit, principal and interest, and 3% guarantee fee. And the bank's premium customer fees will be discounted, but the preferential policies of each bank are different.
In addition to the above fees, personal auto financing companies also need to bear supervision fees, fleet management fees and warranty renewal deposits.
And credit cards, car loans. Credit card installment car loan only provides installment payment for bank credit card users, not all conditions can be handled, and there is an audit procedure, which is difficult for credit card users with bad credit records.
Excuse me, what is the personal parking space mortgage loan of China Bank?
Personal parking mortgage loan of Bank of China in Henan refers to the consumer financial product that the lender (Bank of China) issues to the borrower (Bank of China's customers who handle parking loans) to purchase parking loans.
The above contents are for your reference. Please refer to the actual business regulations.
How to borrow a parking space loan
Yes, you can. Like mortgage, there is now a special parking loan business. This business is linked to real estate, which generally requires a house or a purchase contract in the community.
The term of parking loan is long, generally ranging from 1 to 3 years, and the longest is 5 years; There are many repayment methods, such as equal monthly payment and average principal. The guarantee is simple, providing property mortgage, pledge or third-party guarantee approved by the cooperative bank.
The individual who applied for personal parking loan has applied for a first-hand housing loan in the bank, and the housing loan has not been paid off. The applicant has bought a parking space in his own community. When handling the parking loan, the bank will evaluate the parking space, compare it with the transaction price of the purchased parking space, and give a certain amount of parking loan at a lower price, with the highest proportion not exceeding 70% of the transaction price of the parking space and the lower price in the evaluation price, and the loan period not exceeding 10 years and less than the remaining repayment period of the housing loan.
Application conditions:
The borrower must be a permanent resident of the place where the loan bank is located and have full capacity for civil conduct;
② The borrower can provide corresponding guarantee;
(3) The borrower can provide corresponding proof of consumption purpose;
(4) The borrower has repayment ability and no record of non-performing loans.
What are the requirements for applying for personal parking space mortgage loan from China Bank?
Conditions for handling personal parking space mortgage loan of Bank of China in Henan:
1, a natural person with China nationality and full capacity for civil conduct;
2. Have stable professional and economic income, good credit and repayment ability;
3. A contract or agreement has been signed for the purchase of parking spaces;
4. Pay a down payment of not less than the parking space purchased;
5. The borrower must be a housing mortgage customer of China Bank;
6. The number of digits purchased by the borrower shall not exceed two in principle;
7. Other conditions required by the handling bank of China Bank.
The above contents are for your reference. Please refer to the actual business regulations.
The introduction of personal parking loans and parking mortgage loans ends here. I wonder if you have found the information you need?