Look at the model, look at the price, look at the loan amount. 4S shop sales or bank loan personnel will help you calculate accurately. Half of the down payment is about 90,000 yuan. If the loan lasts for 3 years, the monthly payment is about 3,500 yuan.
How to calculate the car loan? What is the calculation formula of car loan?
Loan calculation formula: 1. Repaying the principal and interest, that is, repaying the loan principal and interest in equal amount every month during the loan period. Monthly repayment amount = loan principal × monthly interest rate ×( 1 interest rate) repayment months /[( 1 interest rate) repayment months-1];
2. The average capital repayment method (the method of paying off the principal with interest), that is, the loan principal is repaid in equal amount every month, and the loan interest decreases with the principal month by month. Monthly repayment amount = loan principal/months of loan term (principal-accumulated amount of repaid principal) × monthly interest rate.
Extended information:
Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. Automobile consumption loan is a new loan method that banks provide RMB-guaranteed loans to car buyers who buy cars at their special dealers. The interest rate of automobile consumption loan refers to the ratio of the loan amount to the principal of a self-use car (non-profit family car or commercial car with 7 seats or less) purchased by the bank to the consumer, that is, the borrower. The higher the interest rate, the greater the repayment amount of consumers.
The actual interest rate of car loan is set by the handling bank according to the actual situation of customers and with reference to the benchmark interest rate stipulated by the central bank. There are three kinds of car loans: direct car loans, indirect car loans and credit card car loans. The loan term is generally 1-3 years, with a maximum of 5 years.
Potential borrower
The borrower must be a permanent resident of the place where the loan bank is located and have full capacity for civil conduct.
deadline
The term of automobile consumption loan is generally 1-3 years, and the longest is no more than 5 years. Among them, the term of second-hand car loan (including extension) shall not exceed 3 years, and the term of dealer car loan shall not exceed 1 year.
loan rate
benchmark interest rate
According to the regulations of the central bank, the benchmark interest rate is implemented for auto loans, but financial institutions can float within a certain range. The term of car loans in major banks is generally less than five years, and the interest rate of car loans directly determines the cost of people's loans, thus becoming an important factor in determining whether people lend.
How to calculate the car loan interest rate?
Monthly payment formula: a = p (1I) [(1I) n-1]/N2/I.
A: Monthly contributions.
P: total donations
I: monthly interest rate (annual interest rate/12)
N: Total months of contribution (year × 12)
loan rate
The actual interest rate of car loan is set by the handling bank according to the actual situation of customers and with reference to the benchmark interest rate stipulated by the central bank. Generally speaking, customers with excellent conditions can enjoy the benchmark interest rate or it will go down about 10%, while ordinary customers need to go up about 10% on the basis of the benchmark interest rate.
Application material
1. Original ID card, household registration book or other valid proof of residence, and provide a copy;
2. Proof of occupation and economic income, and running list of personal accounts in recent 6 months;
3 car purchase agreement, contract or letter of intent signed with the dealer;
4. Other documents and materials required by the Cooperation Organization.
What percentage of Mazda cx4 down payment can be interest-free? How much is the down payment and the monthly payment?
50% down payment, 24 interest-free. Take 145800 as an example, the down payment is 93 157, and the monthly payment is about 2000!
What is the minimum down payment for cx4 in Mianyang Mazda 4s store?
Hello, the car loan down payment is generally 30% or 50% of the car price, divided into three to five years. It depends on your choice. I hope my answer can help you. If you have any questions, you can ask me.
How to calculate the vehicle mortgage loan?
A, automobile mortgage how to calculate:
At present, there are two ways to calculate the monthly payment of car loan: one is formula calculation, the other is car loan calculator calculation.
There are two common repayment methods for bank car loans: equal principal and interest repayment and equal principal repayment.
Second, automobile mortgage calculation formula
The formula for calculating the monthly payment of the matching principal and interest repayment method is: monthly repayment amount = [loan principal × monthly interest rate ×( 1 interest rate )× repayment months ]=[( 1 interest rate )× repayment months]
Average capital repayment method: Monthly repayment amount = (loan principal ÷ repayment months) (principal-accumulated amount of repaid principal) × monthly interest rate.
Automobile loan calculator
Step 1: First, choose whether the repayment method is average capital or equal principal and interest, and fill in the car loan period, loan amount and actual loan interest rate;
Step 2: Select whether to display repayment details, and click the Calculate button to obtain detailed information such as monthly repayment amount, total loan interest, total repayment amount and so on.
Note: The auto loan calculator is only applicable to loans with monthly repayment of principal and interest, not to loans with one-time repayment of principal.
Extended data
Information to be provided for vehicle mortgage loan:
1, borrower's identity certificate, marital status certificate and household registration book;
2. Proof of the borrower's occupation and economic income issued by the department recognized by the bank;
3. The car purchase agreement or contract signed with the dealer designated by the bank;
4. Deposit certificate or down payment receipt of not less than the down payment;
5. If the real estate is mortgaged or pledged, a list of mortgaged or pledged property, proof of ownership, proof that the person who has the right to dispose of the property (including the property owner) agrees to mortgage or pledge, and a mortgage appraisal certificate issued by the competent department shall be provided;
6. If the guarantee is provided by a third party, a written document, relevant credit certification materials and a certain percentage of deposit agreed by the guarantor shall be issued;
7. Other information required by the bank.