Hello, I'm glad to answer your questions:
The interest rate of one-year loans varies from bank to bank. Take the central bank as an example, the one-year loan interest rate is 4.35%. Based on the loan 1 ten thousand yuan, the annual loan interest is: 1 ten thousand yuan 4.35%=435 yuan.
1. If it is within one year (including one year), the annual interest rate of the loan is 4.35% and the annual interest is 435 yuan.
2. The annual interest rate of loans for one to five years (including five years) is 4.75%, and the annual interest is 475 yuan.
3. For more than five years, the annual interest rate of the loan is 4.90%, and the interest for one year is 490 yuan.
How much is the interest on the bank loan?
The calculation formula of bank loan interest is: interest = principal interest rate, loan term, and the annual interest rate of bank loan is about 4.5%, so the interest of loan for 50,000 years is 50,000 times 4.5% = 2,250 yuan.
So the interest on a bank loan of 50,000 yuan a year is about 2,000 yuan, but the interest on applying for a loan in a bank is often not calculated like this. After the loan, you can apply for installment repayment, so the interest generated in each installment will be much lower.
Interest is the use fee of money in a certain period of time, and it refers to the reward that money holders (creditors) get from borrowers (debtors) for lending money or monetary capital. Including deposit interest, loan interest and interest generated by various bonds.
1. Money other than the principal of deposits and loans (different from "principal").
2. The abstract interest point refers to the value added when monetary funds are injected into the real economy and returned. In a less abstract sense, interest generally refers to the remuneration paid by the borrower (debtor) to the lender (creditor) for using the borrowed currency or capital. Also known as the symmetry of sub-fund and parent fund (principal).
The calculation formula of interest is: interest = principal × interest rate × deposit period (i.e. time).
Interest is the reward that the fund owner gets for lending the fund, which comes from a part of the profits that the producer makes by using the fund to play its operational functions. Refers to the value-added amount brought by monetary funds injected into the real economy and returned.
The calculation formula is: interest = principal × interest rate × deposit period × 100%.
3. Classification of bank interest
According to the different nature of banking business, it can be divided into bank interest receivable and bank interest payable.
Interest receivable refers to the remuneration that the bank obtains from the borrower by lending to the borrower; It is the price that the borrower must pay for using the funds; It is also part of the bank's profits.
Interest payable refers to the remuneration paid to depositors by banks to absorb their deposits; It is the price that banks must pay to absorb deposits, and it is also part of the cost of banks.
What's the interest rate for bank loans?
How much is the interest on the bank loan?
At present, the bank loan interest rate is determined according to the fluctuation of the benchmark loan interest rate stipulated by the People's Bank of China. Different banks and products will have different interest rates.
At present, our loan interest rate is as follows: 4.85% for loans within 6 months (including 6 months).
Loans from six months to one year (including 1 year) 4.85%
One to three years (including three years) loan 5.25%
3 to 5 years (including 5 years) loan 5.25%
Loans with a term of more than five years are 5.40%. After the promulgation of Article 5, branches can further increase the down payment ratio and interest rate of the second home loan in cities where house prices are rising too fast according to the real estate control objectives and policy requirements of the local people's government. At present, all localities are studying and formulating relevant implementation rules, which can be implemented after being formulated and reported to the head office of the People's Bank of China for approval. Consistent with previous market expectations, in some cities where house prices have risen too fast, the down payment for second-home mortgage may be raised to 70%, and the interest rate may be raised to 1.3 times.
How much is the interest on the bank loan?
At present, the bank loan interest rate is determined according to the fluctuation of the benchmark loan interest rate stipulated by the People's Bank of China. Different banks and products will have different interest rates.
At present, our loan interest rate is as follows: 4.85% for loans within 6 months (including 6 months).
Loans from six months to one year (including 1 year) 4.85%
One to three years (including three years) loan 5.25%
3 to 5 years (including 5 years) loan 5.25%
Loans with a term of more than five years are 5.40%. After the promulgation of Article 5, branches can further increase the down payment ratio and interest rate of the second home loan in cities where house prices are rising too fast according to the real estate control objectives and policy requirements of the local people's government. At present, all localities are studying and formulating relevant implementation rules, which can be implemented after being formulated and reported to the head office of the People's Bank of China for approval. Consistent with previous market expectations, in some cities where house prices have risen too fast, the down payment for second-home mortgage may be raised to 70%, and the interest rate may be raised to 1.3 times.