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How to calculate the loan interest rate?
Calculation method of bank loan interest rate

1. Monthly interest rate: that is, the interest calculated on a monthly basis. The calculation method is: monthly interest rate = annual interest rate ÷ 12 (month).

2. Daily interest rate: The daily interest rate is called the daily interest rate and is calculated on a daily basis. The calculation method is: daily interest rate = annual interest rate ÷360 (days) = monthly interest rate ÷30 (days).

3. Annual interest rate: usually in the form of percentage of principal, interest is calculated annually. Calculation method: annual interest rate = interest ÷ principal ÷ time × 100%.

4. Annualized interest rate: refers to the interest rate at which the inherent rate of return of products is discounted to the whole year, which is quite different from the calculation method of annual interest rate. Assuming that the yield of a wealth management product is one year and the yield is B, the annualized interest rate R is calculated as R=( 1B)A- 1.

5. Calculation formula of equal principal and interest: [loan principal × monthly interest rate× (1interest rate) repayment months] ÷ repayment months [( 1 interest rate) repayment months-1]

6. Calculation formula of average fund: monthly repayment amount = (loan principal ÷ repayment months) (principal-accumulated amount of repaid principal) × monthly interest rate.

Extended information:

Bank loan refers to an economic behavior in which banks lend funds to people in need at a certain interest rate according to national policies and agree to return them within a specified time limit. Generally, you need a guarantee, a house mortgage, or proof of income, and your personal credit information is good before you can apply.

Moreover, in different countries and different development periods of a country, the types of loans classified according to various standards are also different. For example, industrial and commercial loans in the United States mainly include ordinary loan quotas, working capital loans, standby loan commitments, and project loans. In Britain, industrial and commercial loans are mostly in the form of discounted bills, credit accounts and overdraft accounts.

According to different classification standards, there are different types of bank loans. For example:

1. According to different repayment periods, it can be divided into short-term loans, medium-term loans and long-term loans;

2. According to different repayment methods, it can be divided into demand loans, term loans and overdrafts;

3. According to the purpose or object of the loan, it can be divided into industrial and commercial loans, agricultural loans, consumer loans and securities broker loans.

4. According to the different loan guarantee conditions, it can be divided into bill discount loan, bill mortgage loan, commodity mortgage loan and credit loan.

5. According to the loan amount, it can be divided into wholesale loans and retail loans;

6. According to the different ways of interest rate agreement, it can be divided into fixed interest rate loans and floating interest rate loans, and so on.

Short-term loans refer to loans with a loan term of 1 year (inclusive). Short-term loans are generally used for the liquidity needs of the borrower's production and operation.

The currencies of short-term loans include RMB and major convertible currencies of other countries and regions. The term of short-term working capital loans is generally about half a year, and the longest is no more than one year; Short-term loans can only be extended once, and the extension period cannot exceed the original period.

The loan interest rate is determined according to the interest rate policy formulated by the People's Bank of China and the floating range of the loan interest rate, as well as the nature, currency, use, method, term and risk of the loan, among which the foreign exchange loan interest rate is divided into floating interest rate and fixed interest rate. The loan interest rate is indicated in the loan contract, which customers can check when applying for a loan. Overdue loans will be punished according to regulations.

The advantages of short-term loans are relatively low interest rates and relatively stable capital supply and repayment. The disadvantage is that it cannot meet the long-term capital needs of enterprises. At the same time, because short-term loans use fixed interest rates, the interests of enterprises may be affected by interest rate fluctuations.

How to calculate the interest on bank loans?

Calculation method of bank loan execution interest rate: execution interest rate = benchmark interest rate × (interest rate floating value 1), where the interest rate is negative. The loan interest rate of the Bank is based on the benchmark loan interest rate published by the People's Bank of China, and fluctuates on the basis of the corresponding term and interest rate. The interest rate actually released by the bank is the executive interest rate. Each bank's loan type and loan term are different, and the execution interest rate is also different. The lowest interest rate is the provident fund loan interest rate. In the past few years, the commercial loan interest rate of mortgage lenders in various banks may have a certain interest rate discount, such as 15% discount, which means that the interest rate will drop 15%, the floating value of interest rate will be-15%, and the long-term housing loan execution interest rate will be 4. 165%. At present, commercial loans generally rise by 20% today, with a floating interest rate of 20% and a long-term housing loan execution rate of 5.88%. And various consumer and commercial loans, if the repayment method is different, the interest rate is also different.

How to calculate the loan fee?

There are many kinds of loans, such as: first home loan, second-hand housing loan, provident fund loan, car loan, credit loan, mortgage loan and so on. Moreover, because each kind of loan faces different loan groups, uses, difficulties and risks, the cost of handling the corresponding loan is also very different (note that this is only the cost involved in applying for a loan). What are the costs of buying a car by loan? When applying for automobile mortgage in a bank, there is generally only interest cost. Auto financing companies generally do not charge interest fees for loans, but change their names: handling fees or management fees, which are higher than bank interest. If you buy a car by installment with a credit card, the installment fee paid is not cheaper than the previous two methods anyway. Second-hand housing loans involve costs. Second-hand housing loans generally involve intermediaries, and the fees are slightly higher. Mortgage fee (also called intermediary service fee) is generally 1%~2% of the loan amount. Because the second-hand housing loan needs real estate assessment, finding an appraisal company probably needs an appraisal fee of 1-3 (the lowest fee is 400 yuan). In addition, the second-hand house notarization fee is 1‰ of the loan amount, and the mortgage registration fee is about 100 yuan. Individual banks also collect stamp duty (less, 65438+ ten thousand 50 yuan) and insurance premium (about 0.5‰). The first home loan has three expenses at the loan level: bank interest, mortgage registration fee and notarization fee. The mortgage interest rate generally rises according to the benchmark loan interest rate, and some high-quality customers can enjoy the mortgage discount (see the bank's confirmation). Mortgage registration fees vary slightly from place to place, but most of them are between 80- 100 yuan. Commissioned notary fees are generally around 200 yuan. The cost of provident fund loans is similar to that of commercial loans, except that provident fund loans have an extra guarantee fee, and the loan interest rate is lower than that of commercial mortgages. Other types of loans involve expenses other than buying a house and a car. Other loans (credit loans, real estate mortgage, car mortgage, etc.). You can apply directly to the bank, and generally there is almost no other fee except interest. Small loan companies lend money similar to banks, but the interest rate is higher than that of banks. Because many times the qualifications of borrowers can't meet the requirements of banks, there is a lot of room to apply for bank loans directly. The products of small loan companies are mixed, and borrowers don't know much about them. Therefore, most people will go through the intermediary and customize the loan plan through the loan consultant.

How to calculate the loan interest rate?

We calculate the interest according to the loan of 65438+100000 years:

If you want to know the loan interest, you must first know what the loan interest rate is. Under normal circumstances, we calculate according to the benchmark interest rate of commercial loans, so the annual loan interest rate is 6.00%, and the annual loan interest rate10000006.00% = 6000 yuan. The three-year interest of a loan of 654.38+ten thousand yuan is: (loan interest rate 6.15%)100006.1000006.15%1000005%) 6.66.

Note: The benchmark table of loan interest rates for each term is as follows: the annual interest rate of interest rate items is 5.60 for loans within 6 months (including 6 months), 6.00 for loans from 6 months to 1 year (including 1 year) and 6. 1 year (including 3 years).

The specific calculation methods and data are listed above. We can see that the annual interest on a loan of 6,543,800 yuan is 6,000 yuan, which is not a small sum. You can refer to the loan.

How to calculate the loan interest rate?

At present, PBOC has announced the benchmark annual interest rate of loans: 0-6 months (including 6 months), with an annual interest rate of 4.35%; 6 months-1 year (inclusive), with an annual interest rate of 4.35%; 1-3 years (including 3 years), with annual interest rate of 4.75%; 3-5 years (including 5 years), with an annual interest rate of 4.75%; 5-30 years (including 30 years), with an annual interest rate of 4.90%; 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.

If you want to try to calculate the monthly payment information for reference, please open the following link: Try to calculate the monthly payment using the benchmark interest rate of the current loan. (You can view information such as monthly payment, monthly principal, monthly interest, principal balance, total interest and total repayment).

Calculation of loan handling fee and annualized interest rate

The calculation formula of loan handling fee and annualized interest rate is: annualized interest rate = annual loan cost ÷ annual loan amount × 100%= daily interest rate 365= monthly interest rate 12. The handling fee is the cost of loan payment, and there is interest cost after the loan is obtained. Annualized interest rate refers to the interest rate discounted to the whole year through the inherent rate of return of products.