If the garden is divided into three phases, the rate is 2.3%; Pay in six installments with the interest rate of 4.5%. The interest of ten thousand yuan for the third installment is 10000×2.3%=230 yuan, and the interest for the sixth installment is 10000×4.5%=450 yuan.
Huabai will adjust the installment rate at any time according to the market situation, so the specific charging standard of installment fee should be based on the page display.
Huabai is a consumer credit product launched by Ant Financial from 2065438 to April 2005. After users apply for opening, they can get a spending quota ranging from 500 to 50000 yuan.
When spending, users can prepay the amount of ant flowers and enjoy the shopping experience of "spending first, then paying". Ant Flower Garden Consumer Credit Asset-Backed Securities Project was listed and traded in Shanghai Stock Exchange on August 4, 20 16, becoming the first ABS of Internet consumer finance in Shanghai Stock Exchange.