Hello, according to the loan interest rate of Guizhou Rural Credit Cooperative, the monthly interest rate of 30,000 yuan is calculated at 0.0075%, and the monthly interest rate is 22.5 yuan. In addition, there are certain fees for the loans of Guizhou Rural Credit Cooperatives, such as a certain handling fee for each loan and a certain monthly management fee. Please consult the customer service staff of Guizhou Rural Credit Cooperatives for detailed charging standards.

How much is the monthly interest loan of 1.2 million?

The daily interest depends not only on your loan interest rate, but also on your loan amount. If you borrow 10000 yuan, the daily interest is 10000×8.35%÷360=2.32 yuan. Interest = principal x interest rate x time.

I. Calculation formula of loan interest rate

(1) The interest rate conversion formula for RMB business is (note: common for deposits and loans):

1. daily interest rate (0/000)= annual interest rate (%)÷360= monthly interest rate (‰)÷30.

2. Monthly interest rate (‰) = annual interest rate (%)÷ 12

(two) banks can use the product interest method and the transaction interest method to calculate interest.

1. Accumulate the account balance daily according to the actual number of days, and multiply the accumulated product by the daily interest rate to calculate the interest. The interest-bearing formula is:

Interest = cumulative interest-bearing product × daily interest rate, where cumulative interest-bearing product = total daily balance.

2. Transaction-by-transaction interest calculation method calculates interest one by one according to the preset interest calculation formula: interest = principal × interest rate × loan term, with three details:

If the interest-bearing period is a whole year (month), the interest-bearing formula is:

① Interest = principal × year (month )× year (month) interest rate

If the interest-bearing period is a whole year (month) and days, the interest-bearing formula is:

② Interest = principal × year (month) × year (month) interest rate principal × odd days × daily interest rate.

At the same time, banks can choose to convert all interest-bearing periods into actual days to calculate interest, that is, 365 days per year (366 days in leap years), and each month is the actual number of days in the Gregorian calendar of the current month. The interest-bearing formula is as follows:

③ Interest = principal × actual days × daily interest rate

These three formulas are essentially the same, but because the interest rate conversion only takes 360 days a year, it takes 365 days a year to calculate the actual daily interest rate, and the result will be slightly biased. Which formula is used specifically, the central bank gives financial institutions the right to choose independently. Therefore, the parties and financial institutions can agree on this in the contract.

(3) Compound interest: Compound interest means adding interest at a certain interest rate. According to the regulations of the central bank, if the borrower fails to repay the interest at the time agreed in the contract, it will be charged with compound interest.

(4) Penalty interest: If the lender fails to repay the bank loan within the prescribed time limit, the penalty interest paid by the bank to the defaulter according to the contract signed with the parties is called bank penalty interest.

(V) loans overdue liquidated damages: penalties for the defaulting party with the same nature as penalty interest.

(six) the formulation and filing of interest calculation methods

The interest-bearing settlement rules and methods for deposit and loan business formulated by national commercial banks as legal persons shall be reported to the head office of the People's Bank of China for the record, and the customers shall be informed; Regional commercial banks and urban credit cooperatives should be reported to the branches of the People's Bank of China and the central branch of the provincial capital for the record, and inform customers; County rural credit cooperatives as legal persons may, according to the actual situation of the county rural credit cooperatives, formulate the rules for interest calculation and settlement and the interest-bearing measures for deposit and loan business, and report them to the branch of the People's Bank of China and the central branch of the provincial capital for the record, and the rural credit cooperatives as legal persons shall notify the customers.

What is the monthly loan interest rate of 150000+0800?

150000 loan interest per month 1800, annual interest rate 14.4%. Loan amount 150000, monthly interest 1800 yuan, monthly interest rate 1.2%. The annual interest rate is the monthly interest rate multiplied by 12, and the annual interest rate is 14.4%.

Interest related knowledge

Interest refers to the reward that money holders get from borrowers for lending money or monetary capital. Interest is also very common, which can be divided into many kinds, such as bank deposit interest, loan interest, or interest on various bonds. We can say that the essence of interest is a special transformation form of surplus value and also a part of profit. The interest rate of savings deposits shall be uniformly stipulated by the state. Interest rate, also known as interest rate, is the ratio of interest to principal on a certain date, which is generally divided into annual interest rate, monthly interest rate and daily interest rate. The annual interest rate is expressed as a percentage, the monthly interest rate is expressed as a thousand times, and the daily interest rate is expressed as a ten thousand times.

How to calculate the monthly interest rate of loan execution?

There are three interest-bearing methods for loans: annual interest rate, monthly interest rate and daily interest rate. When the monthly interest rate is used for loans, the loan term is in months, so interest = loan amount, loan term (month) and monthly interest rate. For example, if the loan is 1 000 yuan, the loan term is 6 months, and the monthly loan interest rate is 1.2%, then the loan interest to be repaid in the first month is 1 000,065,438+0.2% =1.20 yuan.

Knowing the monthly interest rate, you can calculate the annual interest rate with the monthly interest rate 12 or the daily interest rate with the monthly interest rate /30. Annual interest rate, monthly interest rate and daily interest rate are often used in the calculation of various interests, and everyone must be familiar with their conversion formulas.