Calculation method of loan interest loan interest = loan amount loan interest rate loan period = loan amount days daily interest rate = loan amount monthly interest rate = loan amount annual interest rate
Loan days = actual Gregorian calendar days (for example, 1, 1 should be 1 on May 24th, actual days in February, actual days in March, actual days in April, and May 24th) are counted as the beginning but not the end. Daily interest rate = annual interest rate /360. Monthly interest rate = annual interest rate/12.
The loan interest rate varies with the type and duration of the loan, which is closely related to the scarcity of borrowing funds. The loan interest rate within one year (including one year) is 5.60%; The interest rate for one year to five years (including five years) is 6.00%; More than five years is 6. 15%. The interest rate of housing provident fund loans is 3.75% for less than five years (including five years) and 4.25% for more than five years. Without the intervention of the central bank, the bank loan interest rate of 20 15 should be based on this provision. 1, 20 15, 5.9% in loan prime rate, a commercial house buyer in five years (the fluctuation degree of loan interest rate varies from bank to individual, subject to the contract).
The People's Bank of China has made it clear that the benchmark interest rates for RMB loans and deposits will be lowered from March 20 15/day. The benchmark interest rate for one-year loans of financial institutions was lowered by 0.25 percentage points to 5.35%; The benchmark interest rate for one-year deposits was lowered by 0.25 percentage points to 2.5%. At the same time, combined with the interest rate marketization reform, the upper limit of the floating range of deposit interest rates of financial institutions was adjusted from 1.2 times to 1.3 times the benchmark interest rate for deposits. The benchmark deposit and loan interest rates of other grades and the deposit and loan interest rates of individual housing provident fund are adjusted accordingly. The interest rate of bank housing loan is managed by the People's Bank of China, which refers to the ratio of interest to principal during the loan period. The interest rate in China is approved by the State Council and implemented by the People's Bank of China.
According to the Notice on Raising the Benchmark Interest Rate of RMB Deposits and Loans issued by the People's Bank of China (Yinfa [201]169), the relevant matters concerning the adjustment of the deposit and loan interest rate of housing provident fund are hereby notified as follows:
(1)20 1 1 From July 7, 2007, the deposit interest rate of individual housing provident fund carried over from the previous year was raised by 0.25 percentage points, from 2.85% to 3.10%; In that year, the deposit interest rate of individual housing provident fund remained unchanged.
(2) From July 7, 2065438+01,the interest rate of individual housing provident fund loans will be raised. The interest rate of individual housing provident fund loans for more than five years was raised by 0.20 percentage points, from 4.70% to 4.90%; The interest rate of individual housing provident fund loans for five years or less was raised by 0.25 percentage points, from 4.20% to 4.45%. 3) From July 7, 201/year, the loan interest rate of the pilot cities will increase by 10% according to the loan interest rate of individual housing provident fund for more than five years.
How to calculate the interest rate of commercial loans?
The latest interest rate table of commercial loan interest rate 2022 is as follows:
1. central bank: the interest rate is 4.35% for 6 months (including 6 months), 4.35% for 6 months to 1 year (including 1 year), 4.75% for 1 to 3 years (including 3 years), and 4.75% for 3 to 5 years (including 3 years).
2. ICBC: the interest rate is 4.35% for six months (including six months), 4.35% for six months to 1 year (including 1 year), 4.75% for 1 to three years (including three years) and 4.75% for three to five years (including five years).
3. Agricultural Bank: the interest rate is 4.35% for 6 months (including 6 months), 4.35% for 6 months to 1 year (including 1 year), 4.75% for 1 to 3 years (including 3 years) and 4.75% for 3 to 5 years (including 5 years).
4. China Construction Bank: the interest rate is 4.35% for 6 months (including 6 months), 4.35% for 6 months to 1 year (including 1 year), 4.75% for 1 to 3 years (including 3 years), and 4 for 3 to 5 years (including 5 years).
Attention.
The calculation of loan interest is more complicated: if it is paid off in one lump sum at maturity, it is the same as the calculation of deposit interest above. At present, there are the most talked-about mortgage interest calculations, such as calculating monthly mortgage payment with annuity formula, and the calculation formula of monthly mortgage payment.
A = p {I (1I) n/[(1I) n-1]} a: monthly contribution p: total contribution, I: monthly interest rate (annual interest rate/12), n: total contribution times (.
How to calculate the interest on commercial loans?
Loan interest depends on the interest rate, and the final monthly repayment amount depends on the repayment method.
What is the interest rate? You said 7% per month.
What is the repayment method: * * There are four types: equal interest, equal principal and interest, average capital, interest first, and principal later.
Only equal principal and interest and equal principal and interest are mentioned here.
The loan is 1 0,000 yuan, with a monthly interest rate of 7%, and the principal and interest are repaid in equal amount, with a term of 1.2 months.
Common calculation methods are based on equal cost and equal interest. As follows:
Monthly repayment interest: 1, 000× 0.7% = 70 yuan.
Monthly principal repayment: 10000÷ 12 (month) = 833 yuan.
Monthly repayment amount: 70833.33 = 903 yuan.
And how to calculate the real equal principal and interest? As follows:
Monthly principal repayment: 10000÷ 12 (month) = 833 yuan.
Interest of the first month: 10000×0.7% = 70 yuan.
Second month interest: (10000-833)×0.7% = 64.2 yuan.
Interest of the third month: (10000-833-833) × 0.7% = 58.3 yuan.
etc
How to calculate the loan interest rate
Interest rate = interest/principal/time × 100%
For example: deposit 100 yuan,
The bank promised to pay an annual interest rate of 4.2%
Then the bank will pay 4.2 yuan interest in the second year.
The calculation formula is 100×4.2%=4.2 yuan.
The formula is: interest rate = interest ÷ principal ÷ time × 100%.
Interest = principal × interest rate× time
= 100×4.2%=4.2 yuan.
The final withdrawal 104.2= 104.2 yuan.
Extended data
Matters needing attention
1. When applying for a loan, the borrower makes a correct judgment on his repayment ability. Design a repayment plan according to your income level, leaving room for it and not affecting your normal life.
2. Choose the appropriate repayment method. There are two repayment methods: equal repayment and equal principal repayment. Once the repayment method is agreed in the contract, it shall not be changed during the whole loan period.
3. Repay on time every month to avoid penalty interest. From the month following the initiation of the loan, the lending time of the next month is usually the repayment date. Don't default on the penalty interest because of your negligence, so that the bank can't approve the loan application again.
4. Take care of your contract and receipt, read the terms of the contract carefully, and know your rights and obligations.
Calculation formula and interest rate of commercial housing loan
There are two payment methods of mortgage loan: equal principal and interest and average capital, specifically.
The formula is as follows: matching principal and interest zhi:[ loan principal × monthly interest rate× (1interest rate) repayment months ]≤[( 1 interest rate) repayment months-1] average fund: monthly repayment amount = (loan principal/repayment months) (principal repays principal). Two months is quadratic.
Shops must make a down payment of 50%, and the interest rate is 10%. The so-called 50% is calculated according to the value of the store you want to buy.
Shops mortgage is different from ordinary housing mortgage (subject to the property you want to mortgage, the loan amount is generally 65%-70% of real estate assessment value. The interest rate is 15%-30%).
In this way, you will know that the interest rate of buying a house with a loan from a shop is very cost-effective.