Calculate the annual loan interest 100000 according to the loan interest rate, and the formula is:

Interest = annual interest rate of loan principal

At present, the benchmark interest rate of 1 year loan announced by the People's Bank of China is 4.35%. According to this interest rate, the annual loan interest 1000004.35%=4350 yuan.

However, the interest of other loan platforms on the market is not so low, or even illegal. Therefore, if there is a demand for funds, you should look for formal financial institutions such as banks, otherwise, the loan interest may be unaffordable.

What is the annual interest rate of the bank's formal loan of 654.38+10,000 yuan?

The bank's annual loan interest rate is not determined out of thin air. It needs to fluctuate on the latest benchmark interest rate issued by the central bank, and it should also be combined with multiple factors such as the bank's own situation and local policies. The loan interest rate of most banks will rise by about 10%-20% on the latest benchmark interest rate of the central bank.

Suppose a user applies for a loan of 654.38 million yuan in a regular bank, and the latest one-year benchmark interest rate of the central bank is 3.85%. According to the standard of increasing 10%-20%, the annual interest of users applying for 654.38 million yuan is between 4,200 yuan and 4,620 yuan.

How much is the interest on the bank loan?

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 and buying a house, as small as every small expenditure, you have to deduct money from the bank. We contact the bank every day, but when it comes to the loan, we don't know the interest of the bank loan. How much money to pay back every month is what every borrower cares about. Because each bank's loan interest is different, it is necessary to do your homework in advance and understand the bank's loan interest. Then let's look at the interest rates of various bank loans.

At present, the central bank sets the interest rate as 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%- 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, the interest rate and loan amount of each bank are different, and the interest is also different.

Banks always have three kinds of loans, namely mortgage loans, credit loans and commercial loans. Because the loan conditions are different, the interest rate and interest rate are different.

Mortgage loan:

1. Mortgage loan is used for business operation.

The general loan amount can be applied to 70% of the real estate appraisal value. The loan interest rate should rise by more than 20% on the basis of the benchmark interest rate of the central bank according to the bank's policies and the borrower's conditions. 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 benchmark interest rate of the central bank. The assets mortgaged in this way generally have a mortgage life of 10 years.

Mortgage is used to buy a house.

If the mortgage borrower uses it to buy a house, the bank's loan interest rate 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, 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 are floating 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 make a loan, we should calculate the monthly repayment amount 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 large demand for funds, you can choose credit loan products with high loan amount, low interest and long loan period.

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

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. The annual interest rate of commercial loans is 1 year or above 4.35%, 1 to 5 years (inclusive) 4.75%, and 5 years or above 4.90%. 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 to say, 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.

What is the loan interest of financial institutions? Just do the math.

Friends who often borrow money may find that the loan interest and interest description of financial institutions are floating within the scope permitted by law, so friends who borrow money are not very clear. For example, what is the specific scope permitted by law? How much is the loan interest? Let's give you a detailed introduction and see what the loan interest of financial institutions is generally.

I. Legal Scope of Loan Interest Rate of Financial Institutions

According to the standard of "two lines and three districts", the legal upper limit is not four times of LPR interest rate, which is only applicable to private lending and not to loans from financial institutions.

"Two lines and three districts" is to divide 24% and 36% of the three districts into two lines. If the annual interest rate is less than 24%, it is guaranteed. If the annual interest rate is between 24% and 36%, it will not be disturbed. If the annual interest rate exceeds 36%, the excess interest will be deemed invalid, and the borrower has the right not to pay or recover.

2. Take China Post's consumer finance as an example. What is the general interest rate?

China Post Consumer Finance is a formal licensed financial company approved by China Banking and Insurance Regulatory Commission, and has a variety of loan products. Except for the annual interest rate of postal savings loans, the annual interest rate of other loan products is between 10.80%-23.76%, and the loan interest rate is completely protected by the judiciary.

Suppose the loan is 10000 yuan, the loan term is one year, and the monthly repayment is equal.

1, minimum annual interest rate 10.8%, total interest = 594438+0 yuan;

2. If the highest annual interest rate is 23.76%, the total interest is = 1333.22 yuan.

In addition, the total interest under the average capital repayment method is less than that under the equal monthly repayment method, and how much less depends on the loan amount.

The above is related to the loan interest of financial institutions. According to this example, the annual loan interest is about 594.438+0-6438+033.22 yuan.