Benchmark interest rate of RMB loans of financial institutions
Within six months (including six months) 5.85
Half a year to one year (including one year)
One to three years (including three years) 6.40
Three to five years (including five years) 6.65
More than five years.
In the end, of course, it was repaid. Like most commercial loans, it is divided into equal principal and interest and equal principal repayment. Among them, the repayment method of equal principal and interest: monthly repayment amount = total loan x monthly interest rate+total loan x monthly interest rate ÷[( 1+ monthly interest rate) total repayment months-1]. Average repayment method: monthly repayment amount = loan principal/total repayment months+(loan principal-accumulated repaid principal) × monthly interest rate. The two methods have their own advantages and disadvantages, and they need to be selected according to their actual situation.
Of course, don't forget some necessary proof materials. Generally includes the following points:
1. Borrower's identity document (resident identity card, household registration book or other valid residence documents, etc.). ).) and proof of marital status. The latest water, electricity and gas bills. 3. Valid proof of income (such as payslip with work permit, payslip passbook, or personal tax adjustment form, etc.). ).) or other valid proof of repayment sources (such as unsold stocks, capital settlement bills, unfulfilled year-end dividend plan and salary certificate or other monetary income to be realized, etc. ) .4. Real estate license (not necessarily as a necessary mortgage, but as an important credit rating).
Million car purchase subsidy