If the loan is 65,438+0,000 yuan, by the end of one year, the principal and interest of 65,438+0,654,38+0,000 yuan need to be repaid.

The loan interest is: principal 1 ten thousand yuan × annual interest rate 10%= 1 ten thousand yuan.

If it is two years, it is X 2, if it is five years, it is X 5.

At present, the benchmark annual interest rate of the loan announced by the Bank is: 0-6 months (including 6 months), and the annual interest rate is 4.35%; 6 months-1 year (inclusive), with an annual interest rate of 4.35%; 1-3 years (inclusive), with an 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 in combination with business types, credit status, guarantee methods and other factors.

Banks can use product interest method and transaction interest method to calculate interest:

1. Accumulate the account balance daily according to the actual number of days, and multiply the accumulated product by the daily interest rate to calculate the interest. The interest-bearing formula is:

Interest = cumulative interest-bearing product × daily interest rate, where cumulative interest-bearing product = total daily balance.

2. Transaction-by-transaction interest calculation method calculates interest one by one according to the predetermined interest calculation formula: interest = principal × interest rate × loan term.

The calculation formula is as follows:

Average monthly repayment amount = (loan principal × monthly interest rate ×( 1 interest rate) total repayment period) /( 1 interest rate) total repayment period -65438+ However, compared with the average capital method, the initial repayment amount is relatively small.

The average capital repayment method is to allocate the loan principal to each repayment period, and the interest payable in each period is calculated from the time when the principal has never been paid, and the principal amount in each period remains unchanged, and the interest decreases year by year.

The calculation formula is as follows: the amount of repayment of principal and interest in each period = loan principal/repayment times (loan principal-accumulated amount of repaid principal) × number of periods, etc. The overall interest on the repayment of golden hair will be less, but the initial repayment amount will be relatively large.

References:

Annual interest rate _ Baidu Encyclopedia

How much is the interest on the bank loan?

Calculate how much it will cost to decorate your home.

Our daily life is closely related to banks, and we can say that we are dealing with banks every day. As big as buying a car or a house, as small as every small expenditure, it must be debited from the bank. We contact the bank every day, but when we need a loan, we don't know the interest of the bank loan. How much money to pay back every month is a concern of every borrower. Because the loan interest of each bank is different, we should do our homework in advance and know the loan interest of the bank. Then let's look at the interest rates of various bank loans.

At present, the central bank sets the interest rate as the one-year benchmark interest rate of 4.35%, 1-3 years (including 3 years) of 4.75%, 3-5 years (including 5 years) of 4.75% and 5-30 years (including 30 years) of 4.90%.

At present, the benchmark interest rate of bank loans in China is set by the People's Bank of China, and then the major banks fluctuate according to the prescribed range. Among them, the floating range of commercial banks, urban credit cooperatives and other financial institutions is between 0.9% and 1.7%, which means that the central bank allows major banks to rise by 70% and fall by 10% on the basis of the benchmark interest rate. Because the interest of bank loans is calculated according to the interest rate, and the interest rate and loan amount of each bank are different, there are also differences in interest.

Banks have three loan methods, namely mortgage loan, credit loan and commercial loan. Because of different loan conditions, interest rates and interest rates are also different.

Mortgage loan:

1. Mortgage loan is used for business operation.

In general, the loan amount can be applied to 70% of the real estate appraisal value. According to the bank's policy and the borrower's conditions, the loan interest rate should rise by more than 20% on the basis of the central bank's benchmark interest rate. The loan period is generally set at 5 years.

2. Mortgage loan is used for personal consumption

If the mortgage loan is used for personal consumption, the loan interest rate can rise by 10% on the basis of the central bank's benchmark interest rate. Assets mortgaged in this way generally have a mortgage life of 10 year.

3. Mortgage loan is used to buy a house

If the mortgage borrower is used to buy a house, the loan interest rate of the bank is 1. 1 times the original benchmark interest rate. The loan time has also been shortened from the original 20 years to 10 years.

When handling mortgage loans, the borrower's loan period has a certain relationship with his own qualifications. If his personal credit is good and his repayment ability is strong, then his loan amount will be higher.

Credit loan:

The interest of general credit loans is higher than other loan methods. Because credit loans are unsecured loans, the procedures are relatively simple and the threshold is relatively low, so the interest is higher than ordinary loans. At present, the interest rates of unsecured credit loans of major banks have risen on the basis of the central bank's benchmark interest rate, at least by 30%. Calculated by the loan for five years, the interest rate for five years is about 6. 18%. When we take out a loan, we should calculate the monthly repayment to see if we can afford it.

If credit loans are used for personal consumption, such as tourism, daily consumption, durable goods consumption, etc., you can choose credit products with small loan amount and low interest, such as China Construction Bank and Bank of Communications. If our credit loan is used for decoration, car purchase or other consumption with great demand for funds, you can choose credit loan products with high loan amount, low interest and long loan term.

However, it should be noted that there are many factors affecting credit loans, including the credit, assets and repayment ability of the loan application.

Commercial loans:

Commercial loans, also known as "personal housing loans", buyers pay a down payment when buying a house, and then pay a certain amount of principal and interest to the bank every month. /kloc-commercial loans with an annual interest rate of 4.35% for 0/year and above, 4.75% for 0/to 5 years (inclusive) and 4.90% for 5 years and above. For provident fund loans below 1 year, the tax rate is 2.75%, 1-3 years is 2.75%, 3-5 years is 2.75%, and 5 years and above is 3.25%. Affected by the policy of restricting purchases and loans, major banks have adjusted the interest rate of the first home loan to varying degrees. According to statistics, the average interest rate of the first suite is 5.38%, the interest rate generally rises by 5%-20%, the second suite rises by 10%-30%, and the interest rate of provident fund loans rises by 10%.

Generally speaking, the interest of bank loans is calculated according to the interest rate. The interest rate and loan amount of each bank are different, so the interest is different. The benchmark annual interest rate set by the central bank is 4.35%, 1-3 year interest rate is 4.75%, 3-5 year interest rate is 4.75%, and 5-30 year interest rate is 4.90%. On the basis of the benchmark interest rate, major banks fluctuate within a reasonable range, that is, the maximum fluctuation range is 70% and the downward fluctuation range is 10%. The above is my answer to the bank loan interest rate, I hope it will help you.

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What's the interest rate for bank loans?

1. What is the annual interest rate of bank loans?

Annual interest rate of bank loans: at present, the benchmark interest rate of RMB loans within 6 months (including 6 months) is 4.35%; The annual interest rate of loans from half a year to one year (inclusive) is 4.35%; The annual interest rate of loans for one to three years (including three years) is 4.75%; The annual interest rate of loans for three to five years (including five years) is 4.75%; The annual interest rate of loans over five years is 4.90%. Find the law network to remind everyone that the bank will make certain adjustments according to the interstate situation of real birds.

2. What is the difference between the annual interest rate and the monthly interest rate of bank loans?

The difference between the annual interest rate and the monthly interest rate of bank loans is as follows:

The conversion period of 1. is different.

The monthly interest rate refers to the percentage of interest and principal calculated every month, and the annual interest rate refers to the percentage of interest and principal calculated every year. Generally speaking, the annual interest rate is a few percent (%); And the monthly interest rate is a few thousandths (‰).

2. The calculation methods of monthly interest rate and annual interest rate of loans are different.

Annual interest rate: refers to the interest rate of one-year deposits or loans; Annual interest rate12 = monthly interest rate. The monthly interest rate in spring refers to the one-month deposit or loan interest rate; Monthly interest rate × 12= annual interest rate. For example, the annual interest rate is 6%; The interest rate in Na Yue is 6%12 = 5%.

The conversion relationship between monthly interest rate and annual interest rate is: monthly interest rate = annual interest rate/12, and the corresponding annual interest rate can be calculated by monthly interest rate × 12.

3. The interest of the loan is different.

Banks can use product interest method and transaction interest method to calculate interest.

3. What is the annual interest rate of bank loans?

Bank loan annual interest rate simple interest refers to the interest calculated according to the fixed principal, which is a way to calculate interest. The calculation of simple interest depends on the amount (principal) of the loan or loan, the length of the use of the asset and the general annual interest rate in the sales market.