The calculation formula of loan interest for used cars is: monthly payment × loan term-loan amount = total interest.

2. What are the interest rates of the four major domestic banks?

Loan interest rate (1) The loan interest rate is related to the loan purpose, loan nature, loan term, loan policy and different lending banks. The state sets the benchmark interest rate, and banks determine the differential loan interest rate according to various factors, that is, floating up or down on the basis of the benchmark interest rate. The current benchmark interest rate was adjusted and implemented on July 7, 20 1 1 year. Types and annual interest rates are as follows: ① Six-month (inclusive) short-term loan 6.10%; ② 6.56% from half a year to one year (inclusive); ③ One to three years (inclusive) 6.65%; ④ Three to five years (inclusive) 6.90%; ⑤ More than five years and 7.05%. (2) Take mortgage as an example: comprehensively evaluate the bank loan interest rate according to the credit status of the loan, and determine the loan interest rate level according to the credit status, collateral and national policy (whether it is the first suite or not). If all aspects are evaluated well, the mortgage interest rates implemented by different banks are different. 20 1 1 Due to the shortage of funds and other reasons, the interest rate of the first home loan of some banks is 1 of the benchmark interest rate. Since February 20 12, most banks have adjusted the interest rate of the first suite to the benchmark interest rate. At the beginning of April, large state-owned banks began to implement preferential interest rates for the first home loan. The interest rate discount of some banks can be up to 15%. The interest rate after 15% discount for more than five years is 7.05%0.85=5.9925%.

Third, how to calculate the interest on bank loans now? For example, I want to borrow 300,000 yuan and pay it off in ten years. How much do you pay back every month? Urgent! thank you

The bank loan interest rate is comprehensively evaluated according to the credit status of the loan, and the loan interest rate level is determined according to the credit status, collateral and national policy (whether it is the first suite or not). If all aspects are evaluated well, the mortgage policies implemented by different banks will generally be the first suite. According to the calculation, the adjusted interest rate on July 7 is 7.05% for more than five years. The monthly interest rate is 7.05%1.1123,000 10 year (120 months) monthly repayment amount1.1/. [(17.05%1.12)120-1] = 3601.1/kloc.

4. How to borrow a second-hand car loan? How much is the interest?

Hello, I'm glad to answer your question. The interest rate of used cars is generally around 6% to 8%, and the interest rate of 7% is a little higher, but it will not be particularly high. The interest rate of used cars is 7%, that is, the monthly interest rate is 0.7%, which translates into an annual interest rate of 8.4%. At present, if the down payment is 30% or 50% and the loan term is 24 or 36, the annual interest rate of the loan is 6.6%. But the annual interest rate of bank loans is generally around 4% to 6%. . abstract

What's the interest rate for second-hand car loans? Ask a question

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Hello, I'm glad to answer your question. The interest rate of used cars is generally around 6% to 8%, and the interest rate of 7% is a little higher, but it will not be particularly high. The interest rate of used cars is 7%, that is, the monthly interest rate is 0.7%, which translates into an annual interest rate of 8.4%. At present, if the down payment is 30% or 50% and the loan term is 24 or 36, the annual interest rate of the loan is 6.6%. But the annual interest rate of bank loans is generally around 4% to 6%. . answer

Because the loan in the second-hand car market is different from the new car loan, there will be some preferential subsidies. The minimum down payment for the three-year loan of the second-hand car is 50%, and the total interest is more than 20% of the total loan. The calculation formula of loan interest for used cars is: monthly payment × loan term-loan amount = total interest. So consumers should also measure their repayment ability before considering loans, huh? . answer

I hope my answer is helpful to you.