Generally speaking, 4% interest is 0.4% monthly interest. If the loan principal amount is 50,000 yuan, then the monthly interest amount is 200 yuan, and the general car loan term is 3 years, then the total interest amount for 3 years is 7,200 yuan, the principal and interest amount to be repaid at maturity is 57,200 yuan, and the monthly repayment amount is 1588.89 yuan ~
Hello, if I want to borrow money, how much interest should I pay in 5 1000?
1. car loan: the benchmark annual interest rate is 4.778% (20 10), the interest is 1304.02, and the total principal and interest is 5 1304.02 yuan.
2. Mortgage: the benchmark annual interest rate is 6.56%, the interest is 1794.42, and the total principal and interest is 5 1794.42 yuan.
3. Housing provident fund loan: the benchmark annual interest rate is 3. 1%, the interest is 843.55, and the total principal and interest is 50,843.55 yuan.
Because the benchmark annual interest rate can fluctuate by 20% according to the loan market at that time. Please consider this factor.
Extended data:
(1) Determination of loan interest rate: The lender determines the interest rate of each loan according to the upper and lower limits of loan interest rate stipulated by the People's Bank of China, and specifies it in the loan contract;
(II) Collection of loan interest: Lenders and borrowers shall collect or pay interest on schedule in accordance with the loan contract and relevant interest-bearing provisions of the People's Bank of China. When the loan extension period plus the original term reaches the new interest rate grade, it will be charged at the new term grade interest rate from the date of extension. Penalty interest is charged for overdue loans according to regulations.
(3) Loan interest subsidy: According to the national policy, in order to promote the economic development of certain industries and regions, the relevant departments may subsidize the loan interest. Loans subsidized by relevant departments shall be independently examined and issued by the undertaking bank, and strictly managed in accordance with the relevant provisions of the General Rules for Loans.