Bank loan interest will be comprehensively evaluated according to loan types, credit status, guarantee methods and other factors, and then float on the benchmark interest rate announced by the central bank.
First, the central bank's benchmark interest rate for RMB loans:
Within 1 and 1 year (inclusive), the annual interest rate is 4.35%.
2. 1-5 years (inclusive), with an annual interest rate of 4.75%.
3, more than 5 years, the annual interest rate is 4.9%.
Second, the calculation method of bank loan interest, the average capital repayment method, is based on the average distribution of the total loan principal to each repayment period, and the interest is calculated according to the remaining arrears.
1, monthly payment = (loan principal ÷ repayment months) (loan principal-accumulated repaid principal amount) × monthly interest rate;
2. Monthly repayable principal = loan principal ÷ repayment months;
3. Monthly interest payable = residual principal × monthly interest rate = (loan principal-accumulated principal repayment amount) × monthly interest rate;
4. Decreasing monthly payment = monthly repayable principal × monthly interest rate = loan principal ÷ repayment months × monthly interest rate;
5. Total interest = [(total loans ÷ repayment months × monthly interest rate) total loans ÷ repayment months ×(65438+ 10 monthly interest rate)] ÷ 2 × repayment months-total loans;
6. Monthly interest rate = annual interest rate ÷ 12.
Precautions:
1, the level of bank loan interest is very important, so you should choose the bank loan that suits you according to your own economic strength.
At the same time, you can also calculate the monthly repayment amount when you apply for a loan in the future, so that you can plan the loan amount reasonably according to your own situation.
Second, how to calculate the loan interest
Loan interest refers to the reward that the lender gets from the borrower for issuing monetary funds, and it is also the price that the borrower must pay for using the funds. Bank loan interest rate refers to the ratio of interest amount to principal amount during the loan period. Interest = principal × interest rate× loan term. For example, a loan of 200,000 yuan with a monthly interest of 0.7 1%. The monthly interest payable is 2,000,000.7 1%1month = 1420, the annual interest rate is 0.71%12 = 8.521%,and the loan is 200,000 yuan. Term/
Third, how to calculate the loan interest?
The calculation formula of loan interest is loan interest = principal x time x interest rate.
Loan interest refers to the price that the lender must pay to use the borrower's funds because of the issuance of monetary funds.
Bank loan interest rate refers to the ratio of interest amount to principal amount during the loan period. With banks and other financial institutions as lenders, they can negotiate within the upper and lower limits of interest rates stipulated by the People's Bank of China.
The loan repayment amount will increase, otherwise, it will decrease.
Determine the interest and loan interest rate of the three-phase loan.