When an enterprise lends money to a bank, it shall calculate the interest according to the commercial loan interest rate and loan term of the lending bank. The calculation formula is: interest = principal × interest rate × term.

Different bank loan interest rates are different, but they all fluctuate on the benchmark interest rate of the central bank. Take Bank of China as an example:

1. Short-term loan: within one year (inclusive), with annual interest rate of 4.35%. The interest on a loan of 30,000 yuan for one year is 1.305 yuan.

2. Medium and long-term loans: the annual interest rate for one year to five years (inclusive) is 4.75%; The annual interest rate for more than five years is 4.9%. Three-year interest of 30,000 yuan loan is 4,275 yuan; The interest on a six-year loan is 8820 yuan.

Interest refers to the remuneration paid by the borrower to the lender in order to obtain the right to use the funds, which is the use price of the funds in a certain period (that is, the loan principal). The loan interest can be calculated in detail by the loan interest calculator.

In civil law, interest is the legal fruit of principal.

Repayment method

(1) Equal principal and interest repayment method: equal repayment every month, the sum of loan principal and interest. Most banks have adopted this method for housing provident fund loans and commercial personal housing loans. So the monthly repayment amount is the same;

(2) average capital repayment method: that is, the borrower distributes the loan amount to each period (month) evenly throughout the repayment period and pays off the loan interest from the previous trading day to the repayment date. In this way, the monthly repayment amount decreases month by month;

(3) Paying interest and principal on a monthly basis: that is, the borrower repays the loan principal in one lump sum on the loan maturity date (applicable to loans with a term of less than one year (including one year)), and the loan bears interest on a daily basis and the interest is repaid on a monthly basis;

(4) Repay part of the loan in advance: that is, the borrower can repay part of the loan amount in advance when applying to the bank, which is generally an integer multiple of 65,438+0,000 or 65,438+0,000. After repayment, the lending bank will issue a new repayment plan, and the repayment amount and repayment period will change, but the repayment method will remain unchanged, and the new repayment period shall not exceed the original loan period.

(5) prepayment of all loans: that is, the borrower can repay all the loan amount in advance when applying to the bank, and the loan bank will terminate the borrower's loan at this time after repayment and handle the corresponding cancellation procedures.

(6) Pay back as you borrow: interest is calculated on a daily basis after borrowing, and interest is calculated on a daily basis. You can pay the money in one lump sum at any time without any penalty.

interest rate

(1) interest rate

The proportion of interest in the total loan funds within a certain period is the manifestation of the loan price. Namely: interest rate = interest amount/loan principal.

Interest rates are divided into daily interest rates, monthly interest rates and annual interest rates.

The lender determines the loan interest rate with the lending bank according to the benchmark interest rate and interest rate floating space announced by relevant laws and regulations of various countries.

(2) benchmark interest rate

The benchmark interest rate is a universal reference interest rate in the financial market, and other interest rate levels or financial asset prices can be determined according to this benchmark interest rate level. Benchmark interest rate is one of the important prerequisites for interest rate marketization. Under the condition of interest rate marketization, financiers measure financing costs, investors calculate investment returns, and management regulates macroeconomics. Objectively, a universally recognized benchmark interest rate level is needed as a reference. Therefore, in a sense, the benchmark interest rate is the core of the formation of interest rate marketization mechanism. Simply put, you usually deposit money in the bank and he gives you interest. The greater the benchmark interest rate, the more interest; The smaller the benchmark interest rate, the smaller the interest.

How to get the lowest bank loan interest rate

First, choose the bank with the lowest interest rate to apply for a loan.

Although the central bank has introduced the benchmark interest rate, the interest rates of all banks will rise above the benchmark interest rate, and the specific floating situation is different from bank to bank. Therefore, in order to get the lowest bank loan interest rate, we must "shop around" and then choose the bank with the lowest interest rate.

Second, pay attention to personal credit reporting and maintain good credit reporting.

Bank loan interest rates are all calculated by computers based on personal credit information, income, work and other information. In other cases, you can only keep your credit information and try to repay your credit card on time to avoid overdue.

What is the loan interest of financial institutions? Just do the math.

Friends who often borrow money may find that the loan interest and interest description of financial institutions are floating within the scope permitted by law, so friends who borrow money are not very clear. For example, what is the specific scope allowed by law? How much is the loan interest? Let's give you a detailed introduction and see what the loan interest of financial institutions is generally.

I. Legal Scope of Loan Interest Rate of Financial Institutions

According to the standard of "two lines and three districts", the legal upper limit is not four times of LPR interest rate, which is only applicable to private lending and not to loans from financial institutions.

"Two lines and three districts" is to divide 24% and 36% of the three districts into two lines. If the annual interest rate is less than 24%, it is guaranteed. If the annual interest rate is between 24% and 36%, it will not be disturbed. If the annual interest rate exceeds 36%, the excess interest will be deemed invalid, and the borrower has the right not to pay or recover.

2. Take China Post's consumer finance as an example. What is the general interest rate?

China Post Consumer Finance is a formal licensed financial company approved by China Banking and Insurance Regulatory Commission, and has a variety of loan products. Except for the annual interest rate of postal savings loans, the annual interest rate of other loan products is between 10.80%-23.76%, and the loan interest rate is completely protected by the judiciary.

Suppose the loan is 10000 yuan, the loan term is one year, and the monthly repayment is equal.

1, minimum annual interest rate 10.8%, total interest = 594438+0 yuan;

2. If the highest annual interest rate is 23.76%, the total interest is = 1333.22 yuan.

In addition, the total interest under the average capital repayment method is less than that under the equal monthly repayment method, and how much less depends on the loan amount.

The above is related to the loan interest of financial institutions. According to this example, the annual loan interest is about 594.438+0-6438+033.22 yuan.

What is the loan interest rate?

At present, the normal annual loan interest rate 14% to 18% is within the normal range. Although yours is a little high, it is within the normal legal range. If the annual interest rate exceeds 24% or even 36, it is absolute. Don't borrow money, the interest is high.

Annualized interest rate refers to the interest rate discounted to the whole year through the inherent rate of return of products.

On March 3, 20021March 3 1 day, the People's Bank of China issued an announcement to make relevant provisions on the annualized interest rate of loan products.

Assuming that the yield period of a wealth management product is one year and the total yield is B, then the annualized interest rate is R.

R=( 1b) minus 1.

On March 3, 20021March 3 1 day, the People's Bank of China issued an announcement to make relevant provisions on the annualized interest rate of loan products.

When marketing through websites, mobile phone applications, posters and other channels, institutions engaged in loan business should show the annualized interest rate to borrowers in an obvious way. Institutions engaged in loan business include, but are not limited to, deposit-taking financial institutions, auto finance companies, consumer finance companies, companies and Internet platforms that provide advertising or display platforms for loan business.

The annualized loan interest rate is calculated according to the ratio of all loan fees charged by the borrower to the actual loan principal, and converted into annualized form. The annualized loan interest rate can be calculated by compound interest or simple interest method: compound interest is calculated by internal rate of return; If the simple interest calculation method is adopted, it should be explained that it is simple interest.

Interest rate refers to the ratio of the amount of interest to the amount of borrowed funds (principal) in a certain period. Interest rate is the main factor that determines the capital cost of enterprises, and it is also the decisive factor for enterprises to raise funds and invest. To study the financial environment, we must pay attention to the current situation and changing trend of interest rates.

Interest rate refers to the ratio of the interest amount due in each period to the par value of the borrowed, deposited or borrowed amount (called the total principal). The total interest of the lent or borrowed amount depends on the total principal, interest rate, compound interest frequency and the length of time of lending, deposit or borrowing. Interest rate is the price that the borrower needs to pay for the money borrowed, and it is also the return that the lender gets by delaying his own consumption and lending it to the borrower. The interest rate is usually calculated by the percentage of one-year interest to the principal.

What is the annual interest rate of the company loan?

1. The annual interest rate of corporate loans varies from bank to bank. Under normal circumstances, the interest rate of corporate loans rises according to the benchmark interest rate of the central bank, and the floating rate of each bank is different. The details shall be subject to the audit results.

2. 1. Short-term loans:

3. One year includes one year, and the interest rate is 4.35%;

4. Medium and long-term loans:

5. One to five years inclusive, with an interest rate of 4.75%;

6. The interest rate over five years is 4.90%;

7, 3, provident fund loan interest rate, within five years (including five years) 2.75%;

8, more than five years 3.25%.