When using, you only need to choose the corresponding loan method, fill in the corresponding loan amount, choose the loan term and choose your own repayment method, and you can calculate the monthly mortgage repayment according to the latest loan interest rate. After the calculation of mortgage calculator is completed, you can also view the detailed repayment information. According to the comparison between the average capital repayment method and the equal principal and interest repayment method, the most suitable repayment method can be selected. If necessary, you can also modify the annual interest rate according to the actual situation.
Operating steps of loan calculator:
Step 1: Please choose the repayment method. There are two options: equal principal and interest repayment method and average capital repayment method.
Step 2: Fill in the amount of personal property mortgage loan and choose the term of personal property mortgage loan. Step 3: Choose the mortgage interest rate of personal property according to the latest loan interest rate. Step 4: If repayment details are required, the default repayment details are Yes. If you don't need to display the repayment details, you can chooseNo. Finally, click Calculate to get the monthly repayment amount, total interest and total repayment amount of personal property mortgage loan.
How to use the loan calculator? A formal loan guarantee company in Beijing is committed to providing loans to individuals and SMEs. Its service scope includes real estate mortgage loan, personal mortgage loan and SME loan. With the accumulation of funds, contacts, management experience and extensive business relations with the financial field, 60,000 Wantong has established a solid foundation in the industry and become the most abundant, comprehensive and effective professional organization in the fields of financial business consulting and guarantee.
The loan calculator pays interest first, and then pays the principal in one lump sum.
Commercial loan calculator
1. Equal principal and interest: calculate the monthly fixed repayment amount through the formula or mortgage calculator (below the fixed formula), then calculate the current month's interest according to the interest rate, the fixed repayment amount minus the interest is the current month's principal, the remaining principal of the next month is the interest, then the fixed amount minus the interest is the principal payable in the second month, and so on.
Online calculator of loan interest rate
Then you can raise the interest rate of the loan calculator: after several attempts, you will find that the interest rate of 16.2 1% is the same as the monthly repayment amount stated by the mortgage agency, so the actual interest rate is 16.2 1%, not 9%. There is no need to learn IRR formula at all, and the actual annualized interest rate can be calculated immediately through the mobile phone. Interest first, then funds.
First, the mortgage interest, and then this calculator.
To calculate the monthly repayment amount after calculating the loan interest, you only need to multiply the loan principal by the daily interest rate and then by the number of months. For example, Xiaokui borrows 10000 yuan, the daily interest rate is 0.5 ‰, and the repayment period is 12 months. With the repayment method of interest first and principal later, I only need to repay about 1150 yuan (100000.05%30) every month before1month.
First, the bank loan interest, and then the calculator.
The actual monthly repayment 10000 divided by 12=833.33, plus 75 yuan interest, the monthly repayment is 908.33 yuan. Don't think about what's going on, just open the calculator to verify it: at the annualized interest rate of 9%, the monthly payment is 874.5438+0 yuan, which is different from that of the mortgage institution. Then you raise the interest rate of the loan calculator:
The interest before the principal loan deceives people.
With the help of the above formula, we can substitute the known loan amount, monthly interest rate and repayment period to calculate the total loan interest. Of course, we can also get loan interest through some online equivalent principal and interest calculators. Loan products-the repayment method is interest first, then interest, and interest first and then capital is also a common repayment method, which is common in short-term banks.
8% after interest is equal to the same amount. ...
3. Equal principal repayment is relatively rare in credit. Monthly repayment amount = (loan principal/repayment months) (principal-accumulated amount of repaid principal) × monthly interest rate. _ Use the mortgage calculator. 4. Equal interest, such as 300,000 yuan, three years, with a monthly interest rate of 0.6%. Monthly payment is interest on principal. The principal is 300,000.36 = 8,334 yuan, and the monthly interest is.
Calculation formula of interest before principal repayment
At present, there are four main repayment methods of loans: average principal, equal principal and interest, one-time repayment of principal and interest, and interest before principal. Then let's take a look at the interest of different repayment methods respectively. For example, if someone borrows 6,543,800 yuan, and the loan interest rate is calculated according to the national benchmark interest rate (the interest rate of the loan for one year is 4.35%), then the loan for one year.
Interest online calculator
One-time repayment of principal and interest: loan principal loan interest rate term =100004.35%1= 4350 yuan; 2. Interest before principal: loan principal loan interest rate term =1000004.35%1= 4350 yuan; 3. Equal principal and interest average capital repayment method: the calculation formula is as follows: the total amount corresponding to the equal principal and interest repayment method is calculated by the loan calculator.
Calculator of real interest rate before principal
Assuming that the annual interest rate of the loan is 4.9%, the total interest generated by these methods is (the loan formula is too complicated, so you are advised to use the loan calculator directly): average capital: 49204 1, equal principal and interest: 570665, interest first, capital later: 97999. To sum up, under the same conditions, interest comes first, then capital.
The loan calculator pays interest first, then the cost.
The first part of the preface "Learning to calculate the real interest rate of loans" introduces the basic knowledge of loans and the types of loans. This paper introduces the simple algorithm of the real interest rate of the loan and how to match the loan that suits you best. Second, the simple algorithm of loan interest rate 1, the premise of using the mortgage calculator is to know the nominal interest rate of the loan.
How is the bank loan calculator calculated?
1. Monthly interest rate: interest calculated on a monthly basis. The calculation method is: monthly interest rate = annual interest rate ÷ 12 (month).
2. Daily interest rate: The daily interest rate is called the daily interest rate and is calculated on a daily basis. The calculation method is: daily interest rate = annual interest rate ÷360 (days) = monthly interest rate ÷30 (days).
3. Annual interest rate: usually in the form of percentage of principal, interest is calculated annually. Calculation method: annual interest rate = interest ÷ principal ÷ time × 100%.
4. Annualized interest rate: refers to the interest rate at which the inherent rate of return of products is discounted to the whole year, which is quite different from the calculation method of annual interest rate. Assuming that the yield of a wealth management product is one year and the yield is B, the annualized interest rate R is calculated as R=( 1B)A- 1.
5. Calculation formula of equal principal and interest: [loan principal × monthly interest rate× (1interest rate) repayment months] ÷ repayment months [( 1 interest rate) repayment months-1]
6. Calculation formula of average fund: monthly repayment amount = (loan principal ÷ repayment months) (principal-accumulated amount of repaid principal) × monthly interest rate.
Extended information:
Bank loan refers to an economic behavior in which banks lend funds to people in need at a certain interest rate according to national policies and agree to return them within a specified time limit. Generally, you need a guarantee, a house mortgage, or proof of income, and your personal credit information is good before you can apply.
Moreover, in different countries and different development periods of a country, the types of loans classified according to various standards are also different. For example, industrial and commercial loans in the United States mainly include ordinary loan quotas, working capital loans, standby loan commitments, and project loans. In Britain, industrial and commercial loans are mostly in the form of discounted bills, credit accounts and overdraft accounts.
According to different classification standards, there are different types of bank loans. For example:
1. According to different repayment periods, it can be divided into short-term loans, medium-term loans and long-term loans;
2. According to different repayment methods, it can be divided into demand loans, term loans and overdrafts;
3. According to the purpose or object of the loan, it can be divided into industrial and commercial loans, agricultural loans, consumer loans and securities broker loans.
4. According to the different loan guarantee conditions, it can be divided into bill discount loan, bill mortgage loan, commodity mortgage loan and credit loan.
5. According to the loan amount, it can be divided into wholesale loans and retail loans;
6. According to the different ways of interest rate agreement, it can be divided into fixed interest rate loans and floating interest rate loans, and so on.
Short-term loans refer to loans with a loan term of 1 year (inclusive). Short-term loans are generally used for the liquidity needs of the borrower's production and operation.
The currencies of short-term loans include RMB and major convertible currencies of other countries and regions. The term of short-term working capital loans is generally about half a year, and the longest is no more than one year; Short-term loans can only be extended once, and the extension period cannot exceed the original period.
The loan interest rate is determined according to the interest rate policy formulated by the People's Bank of China and the floating range of the loan interest rate, as well as the nature, currency, use, method, term and risk of the loan, among which the foreign exchange loan interest rate is divided into floating interest rate and fixed interest rate. The loan interest rate is indicated in the loan contract, which customers can check when applying for a loan. Overdue loans will be punished according to regulations.
The advantages of short-term loans are relatively low interest rates and relatively stable capital supply and repayment. The disadvantage is that it cannot meet the long-term capital needs of enterprises. At the same time, because short-term loans use fixed interest rates, the interests of enterprises may be affected by interest rate fluctuations.
The latest introduction of enterprise loan calculator and repayment calculator ends here. I wonder if you found the information you need from it?