Calculation method of domestic interest rate. When buying a house loan overseas, you can choose three different interest rate calculation methods: overall floating interest rate, national fixed interest rate and limited time fixed interest rate.
1. Full floating interest rate
The whole floating interest rate is affected by the fluctuation of interest rate in the buyer's market. If this method is chosen, the buyer will bear greater risks. When the market interest rate is high, the loan is repaid at a high interest rate, and when the market interest rate is low, the loan is repaid at a low interest rate, and the bank is completely risk-free. Generally speaking, this method is suitable for short-term loans, and it is more cost-effective to buy a house at the market interest rate level;
2. Completely fixed interest rate
The whole process is fixed insurance. If you choose this method, the buyer will take less risks. But if the profit is high, it may not be cost-effective for the buyer. It is expected that there will be a possibility of interest rate reduction, so you will not be able to enjoy the benefits of future interest rate reduction after high interest rates. Therefore, when the interest rate is at a high level, it is not recommended to adopt the whole fixed interest rate, but should be adopted at a low interest rate level. Moreover, it should be noted that in order to ensure their own income, banks may determine the current interest rate of, for example, 3.7% with buyers.
3. Fixed interest rate for a limited time
This is a compromise, which is very attractive to buyers. For example, if you apply for a loan for 30 years and use a fixed interest rate in the first five years, the first year will be slightly higher than the floating interest rate and the fluctuation risk brought by the increase in interest rates. At the same time, because the buyers in China are keen on prepayment, they completed prepayment within five years, enjoyed lower interest rate and lower total expenditure cost. Even if there is no prepayment, in the sixth year, the buyer can reconsider that it is highly active in these three aspects. The term of interest rate can be fixed from 1 year to 10 year or longer.
When buying a house abroad, the interest rate offered by each bank can be negotiated with it, which is completely market-oriented, and it will be happy to provide lower interest rates for assets. For buyers with higher risks, interest rates may be raised, and the down payment ratio may be increased accordingly to reduce bank risks.
Second, what are the differences between the loan interest rate and deposit interest rate of foreign banks and China?
Cash and cash are two different forms of foreign exchange assets held by China residents. Theoretically speaking, cash refers to foreign exchange deposits remitted from foreign banks to China, and international settlement vouchers such as bills of exchange, promissory notes and traveler's checks that banks can directly account for through electronic cost-effectiveness. Cash refers to foreign currency cash held by domestic residents. Of course, your deposit in the bank should be in cash. Someone remits money to your account from abroad, that is, remits cash. In addition, the exchange of Japanese yen = US dollar is carried out in China Bank. When you put it into the passbook of China Bank, the cash of C foreign exchange will be displayed. The buying price of these two foreign exchange banks will be higher than that of cash, and this cash will be lower than that of cash. First of all, the buying price refers to the exchange rate used by foreign exchange banks to buy foreign exchange, and the selling price refers to the exchange rate used by foreign exchange banks to sell foreign exchange. At this time, foreign exchange refers to foreign exchange deposited by foreign banks, such as US dollars. Therefore, the buying price and selling price in foreign exchange quotation are the spot exchange rate. Secondly, the cash price is the price at which foreign exchange banks sell cash. At this time, cash refers to foreign exchange cash (paper money), not foreign bank deposits. Thirdly, because cash and cash are two different concepts, when a bank buys cash, it can directly transfer the purchased foreign exchange to its foreign bank account without interest loss. However, when buying cash, it needs to keep it in the bank's inventory for a period of time in order to deposit enough cash (such as $65,438+$000,000) in other banks to earn interest, so it will generate interest loss compared with buying cash. Of course, this part of the loss is borne by the party selling the cash. Therefore, in the bank's quotation, the purchase price of cash is definitely lower than the purchase price of cash, and this law will never change, just as the deposit interest rate is always lower than the loan interest rate. Finally, the selling price of cash is the same as that of cash, because in this case, the bank has no interest loss, right? Therefore, the bank separately indicates the buying price of cash, but there is no selling price of cash. Therefore, if your dollar assets are not in the form of foreign bank deposits or payment vouchers (such as bills of exchange, promissory notes, telegraphic transfer vouchers, etc.). ), you should buy it in cash and lose a little. If you sell cash to the bank, you are selling your foreign exchange deposits in foreign banks to the bank. From the moment you sold it to the bank, the foreign exchange deposit was transferred from your name to the bank name. As long as the bank has done the corresponding accounting treatment, it can immediately obtain this foreign exchange deposit in a foreign bank and immediately start calculating interest. If a bank buys cash, it needs to ship it abroad, because it can't be used in the local circulation of transactions, so it can't get deposits and interest immediately, and it must pay the cost of keeping cash. Only when cash has accumulated to a sufficient amount can banks transfer cash abroad and deposit it in foreign banks. Only in this way can banks obtain foreign exchange deposits in foreign banks and begin to earn interest. The specific expenses that banks need to pay to receive and cash banknotes include: cash management fee, transportation fee, insurance fee, packaging fee, etc. These expenses are reflected in the difference between the cash purchase price and the cash purchase price.
3. What is the difference between foreign loan interest rate and domestic loan interest rate? How many choices are there?
The difference between domestic and foreign loan interest rates is mainly reflected in the choice of interest rate calculation methods. When buying a house loan overseas, you can choose three different interest rate calculation methods: overall floating interest rate, national fixed interest rate and limited time fixed interest rate.
1. Full floating interest rate
The whole floating interest rate is affected by the fluctuation of interest rate in the buyer's market. If this method is chosen, the buyer will bear greater risks. When the market interest rate is high, the loan is repaid at a high interest rate, and when the market interest rate is low, the loan is repaid at a low interest rate, and the bank is completely risk-free. Generally speaking, this method is suitable for short-term loans, which are issued when the market interest rate is low, which will make buying a house more cost-effective;
2. Completely fixed interest rate
For the whole fixed interest rate, the risk of market interest rate fluctuation is borne by the bank. If you choose this method, the buyer will bear less risk. However, if the interest rate is high, it may not be cost-effective for the buyer to fix the interest rate all the time. It is expected that there will be the possibility of interest rate cuts, so you will not be able to enjoy the benefits of future interest rate cuts after adopting full-time fixed interest rates during the high interest rate period. Therefore, when the interest rate is at a high level, it is not recommended to adopt the whole fixed interest rate, but should be adopted at a low interest rate level. Moreover, it should be noted that in order to ensure their own income, the interest rate determined by the bank and the buyer will be higher than the current interest rate, for example, the current interest rate is 3.7%, and the bank may finally determine it as 5.4%;
3. Fixed interest rate for a limited time
This is a compromise and flexible way, which is very suitable for China buyers to consider at present. For example, the loan application period is 30 years, and the fixed interest rate is adopted in the first five years. Although the interest rate during the five-year period will be slightly higher than the floating interest rate in the first year, it avoids the risk of fluctuation caused by the increase of interest rate in the next five years. At the same time, because the buyers in China are keen on prepayment, they completed prepayment within five years, enjoyed lower interest rate and lower total expenditure cost. Even if there is no prepayment, in the sixth year, the buyer can reconsider choosing among these three ways again, so the flexibility is very high. The term of interest rate can be fixed from 1 year to 10 year or longer.
When buying a house abroad, the interest rate offered by each bank can be determined through consultation, which is completely market-oriented. For high-quality customers with high-quality assets, banks will be happy to offer lower interest rates. For high-risk buyers or planned properties, banks may not only raise interest rates, but also increase the down payment ratio accordingly to reduce bank risks.
4. What does overseas finance mean?
In fact, overseas financing is mainly through the capital market and money market. The most common are stocks and debt. But it can also be divided into internal financing and external financing, which is not much different from domestic financing, but the difference in development degree and supervision. The financing method has remained basically unchanged.
Overseas financing refers to raising liquidity and medium-and long-term funds needed for enterprise development through overseas financial markets. The purpose is to enter the market with more favorable capital cost, expand the availability of enterprise development funds and reduce the capital cost.
The main financing methods of overseas financing include overseas bond financing, overseas stock financing, overseas investment fund financing and foreign government loans.
Financial leasing, also called financial leasing, means that when the project unit needs to purchase technical equipment but lacks funds, the lessor buys or rents the required equipment on its behalf, and then rents it to the project unit for use, and the rent is recovered on schedule. The total rent is equivalent to the sum of equipment price, loan interest and handling fee. When the lease expires, the project unit, that is, the lessee, obtains the ownership of the equipment through symbolic payment. During the lease period, the lessee has only the right to use and the ownership belongs to the lessor.
The ways of financial leasing include: fair leasing, leaseback leasing, subletting and direct leasing.