Installment fee refers to the relevant fees that users need to pay to the bank during installment. Specifically, according to the charging standard, that is, installment rate, different lending institutions have different installment rates. Moreover, the forms of charges are also different, some are direct one-time charges, some are collected every period, and the handling fee averages to each installment cycle.

The calculation method of installment fee can be simply referred to as follows.

1. Expenses payable for installment repayment = principal payable for each installment * installment rate.

2. Installment fee = principal payable * installment fee rate

The details of car purchase expenses by installment generally include car payment, purchase tax, insurance (insurance is purchased several years after the loan), handling fee (charged by 4S shop), licensing and other expenses.

Schedule of installment car purchase expenses

The car price is 53,800 yuan down payment: 30% 1.68 million yuan loan: 70% 37,000 yuan.

The purchase tax is 4598 yuan, and the flow tax in 950 yuan is 360 yuan.

Commercial insurance 2878.84 yuan settled in 300 yuan PICC 333 yuan.

Mortgage registration fee 700 yuan guarantee fee 1 1 10 Yuan Monthly repayment amount: 37,000/36 =1028 Yuan.

Interest: 37,000 * 9% = 3,330 yuan (to be paid on the repayment date of the first month).

The above table is a breakdown of the expenses incurred in car purchase by stages, but the specific expenses and items should be determined according to the needs of users and the requirements of 4S stores.

The handling fee is very high. When paying the handling fee, the applicant had better see each sum clearly and understand the function of each item.