The interest of Agricultural Bank loan 100 is as follows:
1, short-term loan.
Within one year, the annual interest rate is 4.35%, 100 interest is 4.35 yuan 1 year.
2. Medium and long-term loans.
The annual interest rate of 1-5 is 4.75%, and the interest of 100 yuan is 4.75 yuan.
The annual interest rate for more than 5 years is 4.9%, and the interest of 100 yuan is 1 year 4.90 yuan.
In fact, the loan interest rate fluctuates according to the borrower's personal qualification, loan category, loan term, loan area and other factors.
Calculation method of loan interest rate of Agricultural Bank of China
Let's take the loan for one year as an example. If you choose to borrow for one year, the interest brought by your agricultural bank is calculated according to the annual interest rate, and the interest rate announced by the bank is generally the annual interest rate.
If it is 6.00, it is 6.00%. The interest brought by the Agricultural Bank is calculated according to the actual loan days. Convert the annual interest brought by the Agricultural Bank into the daily interest rate, then multiply it by the amount you borrowed from the Agricultural Bank, and then multiply it by the number of days you borrowed. Then the final result is the interest you should pay.
Here we mainly need to see whether to implement the benchmark interest rate or floating interest rate. This depends on how the interest of the Agricultural Bank loan is stipulated in the contract when you apply for it. Generally speaking, the annual interest rate is one percent, while the monthly interest rate is one thousandth.
How to calculate the loan interest of ABC 2.93?
Agricultural Bank loans have two repayment methods: average capital and equal principal and interest. The interest calculation formula of the two repayment methods is as follows:
1, average capital: monthly interest = (principal-accumulated principal repayment) × monthly interest rate; Total repayment interest = (repayment months 1)× loan amount× monthly interest rate/2;
2. Matching principal and interest: monthly repayment amount = loan principal × [monthly interest rate× (1interest rate) repayment months ]{[( 1 interest rate) repayment months ]- 1}.
How to calculate the annual interest rate of 5.38 when the Agricultural Bank of China borrows 480,000 yuan?
The annual interest rate of 480,000 loans of Agricultural Bank of China is 5.38;
1. Calculation method of average capital: repay the same loan amount every month, and calculate the loan interest according to the total outstanding principal. For example, if you borrow 10000 yuan, 1 year, the annual interest rate is 4.6%, your monthly repayment amount =10000/12 (10000-paid principal), and the monthly interest rate = 4.6%/.
2. Calculation method of equal principal and interest: repay the loan principal and interest in equal amount every month, and the calculation method is: monthly repayment amount = [monthly interest rate of principal (1 monthly interest rate) loan months ]/[( 1 monthly interest rate) (repayment months-
1)]。
Calculation method of agricultural bank of China loan
20 15 years1the latest benchmark interest rate table for bank deposits and loans implemented on October 24th: 4.35% for six months, 4.75% for one year and 4.9% for one to five years.
Remarks: The benchmark interest rate is set by the central bank, and the bank loan interest rate can fluctuate on this basis.
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.
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 appropriately, without affecting your normal life.
2. Choose the appropriate repayment method. There are two repayment methods: equal repayment method and equal principal repayment method. 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 after the loan is initiated, it is generally the repayment date of the next month. Don't cause liquidated damages because of your negligence, so that banks can't apply for loans again.
4. Take good care of your contracts and IOUs, read the terms of the contracts carefully, and know your rights and obligations.