Interest is calculated according to the loan interest rate. Give you a formula, you can calculate that the annual interest rate of the loan is equal to the loan principal multiplied by the annual interest rate of the loan. For example, the annual interest rate 10%, then the annual interest rate is 1 000 yuan, and the annual interest rate is 1 000 yuan. Generally speaking, the loan interest rate of rural credit cooperatives is 8.96 a year, and the benchmark annual interest rate of China People's Bank is 6.00%. In other words, a monthly loan of 10000 yuan, 89.6 yuan multiplied by 12 months' interest is 1075.2 yuan.
Second, how much interest does it cost to borrow 10,000 yuan from a rural credit cooperative?
The interest rate for saving 10,000 yuan in rural credit cooperatives is 225 yuan. Now the national one-year loan interest rate is 5.85%, while the monthly interest rate for saving 10,000 yuan in rural credit cooperatives is 75 yuan, that is, the monthly interest rate is 7.5‰, which translates into an annual interest rate of 9%. 1w yuan is 900 yuan.
3. What is the loan interest rate in 2023?
The LPR of 1 year is 3.65%, and that of more than 5 years is 4.3%. The above is valid until Lu releases the next one.
What is LPR? The loan prime is the loan interest rate for the best quality customers (customers with the strongest repayment ability, usually local governments, state-owned enterprises and large companies), and the loan interest rates of others are all increased or decreased (usually increased). LPR is determined by the interest rate of 18 bank, except for the highest one and the lowest one, and the remaining average is it, which is updated on the 20th of each month. If the market is short of funds, interest rates will rise, and vice versa.
18 Bank: 10 National banks (Bank of China, China Construction Bank, Agricultural Bank, Industrial and Commercial Bank, Bank of Communications, China Merchants Bank, Minsheng, Xingye, Pudong Development Bank, CITIC), city commercial banks (such as Taizhou Bank), rural commercial banks, foreign banks (Standard Chartered, Citigroup) and private banks (Weizhong, CITIC). We expect them to accurately reflect the market situation of early loans and early loans.
Therefore, this LPR interest rate depends on a balanced process that tracks the relationship between supply and demand in the market. Does not mean that interest rates will definitely fall. On the contrary, market-oriented pricing may reduce or increase this interest rate.
The latest central bank LPR interest rate in June 5438+ 10, 2023 (updated on the 20th of each month):
One-year lpr interest rate: 3.65%
Five-year lpr interest rate: 4.3%
1 month LPR interest rate (current 1 year LPR interest rate is 3.65%; The latest five-year LPR interest rate is 4.3%. )
Provident fund mortgage interest rate:
Within 5 years (including 5 years), 2.75%
More than 5 years, 3.25%
4. What is the interest on the loan 1 10,000 yuan from the credit union in 2023?
The interest of 1 depends on the loan interest rate and loan term, and it needs specific calculation to draw a conclusion.
The loan interest rate of credit cooperatives is usually higher than that of bank loans, and the specific interest rate depends on the policies of credit cooperatives and personal credit situation.
The loan term may also be different, generally the longest is not more than 5 years.
Therefore, interest should be calculated according to the specific situation.
3 the annual interest rate is 5%! (Missing) Take the loan term of 3 years as an example. In 2023, the interest on the loan 1 10,000 yuan is 100005%! /(Missing) years and 3 years = 1500 yuan.
But the specific interest needs to be calculated according to the actual situation.