Question 2: What does it mean to pay interest quarterly and with the principal? Generally speaking, "paying interest quarterly" means paying interest quarterly. When the bank stipulates that the loan reaches a certain amount (the specific provisions of each bank are the same), the borrower and the lender agree to settle the loan quarterly, and the 20th day at the end of each quarter is determined as the settlement date, that is, the 20th day of March, June, September and1February. On this day, the borrower needs to pay the interest on the loan to the bank, which is also a way for the bank to reduce the loan risk. "Interest with principal" is a repayment method, that is, the borrower has to settle the interest generated by the loan while returning the principal of X loans.
Question 3: What is the difference between mortgage interest and principal and interest in average capital? Generally speaking, the monthly repayment amount is the same (the interest rate remains unchanged), but the proportion of monthly repayment principal and interest to the repayment amount is different. Interest accounts for a considerable proportion in the initial repayment period, and the final principal accounts for most of it, but the total repayment amount remains unchanged.
The general understanding of the principal is that the monthly repayment amount decreases month by month (the interest rate remains unchanged), and the monthly repayment amount remains unchanged. With the gradual reduction of interest, the monthly repayment amount is getting less and less, but the pressure of repayment is even greater at first.
The average capital principal and interest repayment method is much lower than the equal principal and interest repayment method when the interest rate, loan amount and loan term remain unchanged!
In the current form, it is better to repay the principal and interest in advance with equal amount, which can reduce the interest payment.
General capital loans, if the interest rate is reduced, it is better to repay in advance!
Question 4: The loan interest rate is 1% per month, and the interest is paid off with the principal. Pay interest every month for two years and * * * 24 months. In the last month, in addition to paying interest, the principal should also be paid together, which means that the interest should be paid together with the principal. In other words, the interest is paid and the principal is also paid.
Interest = principal × interest rate × term
Monthly interest =50000× 1% =500 yuan.
Question 5: How to settle the loan interest: repay the principal monthly, settle the interest quarterly and settle the interest in advance. Explain in detail the meaning of repayment of principal and settlement of interest with principal. Pay off the interest and principal in one lump sum. Monthly interest settlement and quarterly interest settlement: interest is paid monthly. Pay interest once every quarter (March). Interest in advance: deduct first and then pay interest. Interest settlement: that is, interest is settled first, that is, interest is almost reversed. Literally, that's it
Question 6: Interest is paid every three months. The loan principal is repaid at the expiration of the contract, and the interest is paid off together with the principal, which can be repaid in advance. What does that mean? Pay interest first, then pay interest every three months, and repay the principal in one lump sum after maturity. You can choose to repay in advance, so you can pay less interest.
Question 7: What is the difference between "regular interest" and "interest paid with principal" in loan interest? Regular interest calculation refers to the relevant policies of the state or bank in a case, and the interest is paid regularly within the agreed loan period. Debt service means that the borrower pays off the loan cost and interest in one lump sum on the loan maturity date.
Question 8: I borrowed 50,000 yuan from the credit union, saying that the interest will be repaid with the principal, with the interest rate of 5.7% and the repayment time of 36 months. What does this mean? I borrowed 50,000 yuan at 10, with an annual interest rate of 5.7%, which means I will pay off the principal and interest after 3 years.
Question 9: How to settle the interest if the interest is not repaid on the maturity date of the loan? Paying interest on principal is similar to paying interest on principal. Pay off the interest and principal in one lump sum. Pay interest monthly and quarterly: pay interest monthly. Pay interest once every quarter (March). Interest in advance: deduct first and then pay interest. Interest settlement: that is, interest is settled first, that is, interest is almost reversed.