Calculation of mortgage interest rate:
I. Basic formula for calculating interest The basic formula for calculating interest on savings deposits is: interest = principal × deposit period × interest rate.
II. Conversion of Interest Rate The conversion relationship among annual interest rate, monthly interest rate and daily interest rate is: annual interest rate = monthly interest rate × 12 (month) = daily interest rate ×360 (days); Monthly interest rate = annual interest rate ÷ 12 (month) = daily interest rate ×30 (days); Daily interest rate = annual interest rate ÷360 (days) = monthly interest rate ÷30 (days). Pay attention to the consistency with the deposit period when using interest rates.
3. Interest starting point 1. The starting point of interest for savings deposits is RMB, and no interest is paid for cents below RMB. 2. The interest amount shall be calculated to one decimal place and rounded to one decimal place when actually paid. 3. Except that the current savings are settled on an annual basis and the interest can be converted into principal, regardless of the deposit period, the interest of other savings deposits will be paid off with the principal at the time of withdrawal, excluding compound interest.
Iv. Calculation of deposit period 1, and the calculation of deposit period adopts the method of counting the first number and the last number. 2, regardless of the big month, small month, flat month, leap month, every month is calculated as 30 days, and the whole year is calculated as 360 days. 3. The maturity date of all kinds of deposits shall be calculated on an annual and monthly basis. If the account opening date is the missing date of the expiration month, the expiration date should be the last day of the expiration month.
Verb (abbreviation of verb) Calculation of interest on savings deposits The interest rate of savings deposits shall be subject to the interest rate published by the People's Bank of China, and the original currency shall be used for savings, and the original currency shall bear interest (the second currency can be converted into RMB according to the foreign exchange quotation of the day). Its interest-bearing provisions and calculation methods are compared with RMB deposit methods.
20 16 personal loan calculator
To apply for a loan from China Merchants Bank, you need to know the loan principal, loan term, repayment method and annual interest rate, and calculate the loan interest or monthly repayment amount. If the above information is confirmed, you can try to calculate it through our loan calculator. Log in to the lower right of China Merchants Bank official website and find the "Financial Calculator"-"Personal Loan Calculator" for calculation.
20 16 housing commercial loan calculator
Commercial loans and provident fund loans are the two preferred ways to buy a house. Compared with provident fund loans, the expected annualized interest rate of commercial loans is slightly higher, but the loan period is longer, which reduces the pressure on consumers. Do you know how to calculate the loan amount of commercial housing?
Repayment method of housing commercial loan:
1, repayment method of equal principal and interest
That is, the borrower repays the loan principal and interest with the same amount every month, also known as the equal principal and interest method. It is characterized by the same principal and interest in monthly repayment, which is easy to budget, and the initial repayment pressure is reduced, but the interest in initial repayment accounts for most of the monthly repayment, and the proportion of principal in repayment is gradually increased, while the proportion of interest is gradually reduced, thus achieving a relative balance. The interest paid by this repayment method is high, but the pressure of prepayment is not great.
2. Average capital repayment method
That is, the borrower repays the principal in equal amount every month, and the loan interest decreases month by month with the principal, and the repayment amount also decreases month by month, so it is also called the diminishing method. Its characteristic is to repay the principal every month and calculate the interest on a daily basis according to the loan principal amount. The early repayment amount is large, and the monthly repayment amount is gradually reduced. The interest paid by this repayment method is low, but the pressure of prepayment is great.
20 16 explanation of the maximum amount of provident fund loans: (see the documents of the local housing authority for specific provisions)
Beijing: The maximum loan for the municipal provident fund is 6.5438+0.2 million yuan, and the maximum loan for the state provident fund is 6.5438+0.2 million yuan.
Shanghai: The maximum personal provident fund loan is 600,000 yuan, and the maximum family loan is 1.2 million yuan.
Guangzhou: The maximum loan for individual provident fund is 600,000 yuan, and the maximum loan for husband and wife is 654.38+0.2 million yuan.
Chengdu: The maximum amount of personal and family provident fund loans is 600,000 yuan, and the amount of Chengdu provident fund loans is 30 times the balance of personal deposits.
2016 How much is the monthly second-hand housing loan of 700,000 yuan? Second-hand housing loan calculator
Many people buy second-hand houses and choose mortgage loans. The expected annualized interest rate of second-hand housing loans is higher than the benchmark expected annualized interest rate. Then, what is the monthly loan of 700,000 yuan for second-hand houses? How much is the interest? Let's solve it together.
20 16 equal principal and interest mortgage calculation formula detailed explanation of mortgage calculator
20 16 average capital loan repayment formula mortgage calculator
The expected annualized interest rate of commercial loans for more than five years is twice that of second-hand housing loans, that is, taking the house price of 6,543,800+0,000 as an example, the down payment is 300,000, that is, the down payment of commercial loans is 700,000, and the loan is 30 years. Let's look at the calculation method of equal principal and interest and equal principal repayment.
Calculation of equal principal and interest repayment:
The monthly repayment amount is RMB (the same every month). The total interest is RMB, and the total principal and interest is RMB.
Calculation of equal principal repayment:
The repayment amount in the first month is RMB yuan (decreasing month by month and decreasing month by month), the total interest is RMB yuan, and the total principal and interest is RMB yuan.
You can apply for a house.
There is no guarantee, the application threshold is low, the expected annualized interest rate is low, the loan speed is fast, and the loan can be made on the same day at the earliest.
Loan interest calculator 20 16
Loan calculator provided by commercial banks
This kind of calculator is characterized by relying on the bank website platform and high credibility; The disadvantage is that the calculation conditions are simple, mainly theoretical calculation, regardless of reality. For example, the calculation formula of daily interest rate is generally: daily interest rate = annual interest rate/360; The calculator provided by the bank is generally calculated according to 365, which is different from the actual situation.
Second, the loan calculator provided by the real estate website
This kind of loan calculator is generally based on the loan calculator on the bank website, with little or no change, and its shortcomings are similar to the previous article.
This concludes the introduction of loan interest calculator 20 16 and loan interest calculator 2023. I wonder if you found the information you need from it?