The interest of car loan contract is related to interest rate and repayment method. The medium and long-term loan interest rate of the bank for one to three years (inclusive) is 4.75%. If the car loan is 654.38 million yuan and the loan period is three years, the interest to be repaid is:

1. Equal repayment of principal and interest: the repayment method is to pay the same amount every month. The interest calculated by matching the principal and interest of 65438+ million car loan for three years is 749 1.438+0 yuan.

2. Equal principal repayment: the repayment method is the most in the first month, the least in the last month, and the same principal is paid every month. 654.38 million yuan 3-year car loan interest calculated by average capital is 7322.92 yuan.

Second, how to calculate the interest on buying a car by installment?

The algorithm of interest on buying a car by installment: 1, the original car price is about 90,000, and the down payment is 30%, that is, the down payment of the car body price is 27,000, and the loan is 63,000, but this is only the down payment of the car body, and the real payment is not only 27,000, but also other expenses. 2. Approximate purchase tax vehicle = purchase price 3. The interest rate is 9 points, and the annual interest is 630000.09=5670. So the interest for three years is 56703= 170 10 yuan; 4. The vehicle landing price is 437,006,300 yuan17010 =120,800 yuan. Million car purchase subsidy

3. How much is the monthly installment for this car?

According to your bare car price, 67800 yuan. The down payment is 20% 545 yuan (compulsory travel tax), and the commercial insurance is 36 all risks (third liability insurance 10W). . The total cost is 84269, and the monthly interest for three years is 5295.89 yuan. . It's always been 5.89 yuan. Take a look. This is the general policy. I don't know if it will help you,

4. How small is the loan interest of car installment loan?

1. Equal principal and interest repayment method: Equal principal and interest repayment method is to repay the loan principal and interest with equal principal and interest every month. The calculation formula is as follows: monthly repayment amount = (loan principal × monthly interest rate ×( 1 monthly interest rate) total repayment period) /( 1 monthly interest rate) total repayment period-12. Average capital repayment method: The average capital repayment method is a kind of diminishing repayment method. Using this method, the loan principal is allocated to each repayment period, and the calculation formula is as follows: monthly (quarterly) repayment amount = loan principal/repayment times (loan principal-accumulated repaid principal) × monthly (quarterly) interest rate.