Deposit interest = deposit amount x deposit time x deposit interest rate loan interest = loan principal x loan term x loan interest rate
2. What is the calculation formula of bank loan interest?
If it is the calculation formula of bank deposit interest, the formula is: interest = deposit amount × deposit time × deposit interest rate. If it refers to the calculation formula of bank loan interest, the formula is: interest = loan amount × loan interest rate × loan time.
When calculating interest, the bank's loan interest rate generally fluctuates on the central bank's loan benchmark interest rate. The benchmark interest rate is:
I. Loans:
(1) Short-term, medium-term and long-term loans:
1, and the loan interest rate within one year (inclusive) is 4.35%;
2. The loan interest rate is 4.75% within one to five years;
3. The interest rate for loans over five years is 4.90%.
(2) provident fund loans:
1, and the loan interest rate for less than five years is 2.75%;
2. The interest rate for loans over five years is 3.25%.
Second, the deposit:
(1) demand deposit:
The deposit interest rate is 0.35%.
(2) Time deposit:
1, deposited for three months, with an annual interest rate of1.10%;
2. When it is deposited for half a year, the annual interest rate is1.30%;
3. If you save for one year, the annual interest rate is1.50%;
4. After two years of deposit, the annual interest rate is 2.10%;
You save for three years, and the annual interest rate is 2.75%. If it is the calculation formula of bank deposit interest, the formula is: interest = deposit amount × deposit time × deposit interest rate. If it refers to the calculation formula of bank loan interest, the formula is: interest = loan amount × loan interest rate × loan time.
When calculating interest, the bank's loan interest rate generally fluctuates on the central bank's loan benchmark interest rate. The benchmark interest rate is:
I. Loans:
(1) Short-term, medium-term and long-term loans:
1, and the loan interest rate within one year (inclusive) is 4.35%;
2. The loan interest rate is 4.75% within one to five years;
3. The interest rate for loans over five years is 4.90%.
(2) provident fund loans:
1, and the loan interest rate for less than five years is 2.75%;
2. The interest rate for loans over five years is 3.25%.
Second, the deposit:
(1) demand deposit:
The deposit interest rate is 0.35%.
(2) Time deposit:
1, deposited for three months, with an annual interest rate of1.10%;
2. When it is deposited for half a year, the annual interest rate is1.30%;
3. If you save for one year, the annual interest rate is1.50%;
4. After two years of deposit, the annual interest rate is 2.10%;
You save for three years, and the annual interest rate is 2.75%.
What is the annual interest rate of bank loans?
Generally speaking, the benchmark interest rate of bank loans fluctuates according to the LPR interest rate, and the fluctuation range is about 10%. The short-term loan interest rates of major banks are: within one year (including one year), with an annual interest rate of 4.35%; Medium and long-term loans are: for one to five years (including five years), the annual interest rate is 4.75%; The interest rate of long-term loans is: the annual interest rate of loans with a term of more than five years is 4.90%.
If it is a provident fund loan with a loan term of less than five years (including five years), the annual interest rate is 2.75%; If the loan term is more than five years, the annual interest rate is 3.25%.
3. How much is the loan interest higher than the deposit interest?
The one-year fixed interest rate of bank deposits is 1.95%, and the loan interest rate is 3.85%, which is 9 points higher than1.