If you buy a car, the interest on the car mortgage loan is 9%, which is already very expensive. Under normal circumstances, it is now around 3.5. If your interest rate is 9%, it is equivalent to 10% annualized, that is, 1000 yuan a year will cost 1000 yuan in interest.

The monthly interest rate of car loan is 0.9%, which is generally a company loan. The interest on normal bank car loans is around 6% per year. The interest of car loan can't be compared with the interest of mortgage car loan, which is different. If your qualifications are not very good, it is acceptable to choose a company loan with 0.9% interest, such as a loan of 6,543,800 yuan and a monthly interest of 654.38+ 0,000,009 = 900 yuan.

2. What do you mean by a 10% discount on bank loans?

A 10% discount generally means a 10% discount on interest rates. For example, the benchmark interest rate for more than five years is 5.94, and a 10% discount is 5.940.9, which is 5.346. The monthly interest rate is the annual interest rate. 5.

What do you mean by a 10% discount on bank loans?

If you apply for a personal loan at China Merchants Bank, the "loan interest rate" that each customer can actually apply for is comprehensively priced according to factors such as business type, personal solvency, credit status, guarantee method, etc., and can only be determined after approval by the handling outlets (there are cases of interest rate floating or interest rate concessions).

What do you mean by a 10% discount on the bank loan interest rate?

The benchmark interest rate is 90%.

The loan interest rate is the interest rate charged by banks and other financial institutions to borrowers when they issue loans.

The bank loan interest rate is comprehensively evaluated according to the credit situation of the loan, and the loan interest rate level is determined according to the credit situation, collateral and national policy (whether it is the first suite).

For example, the benchmark annual interest rate for loans over five years is 5.65%.

After a 10% discount, it will be 5.65%. 0.9 = 5.085%.

Extended data

The types of loan interest rates are as follows:

1, personal credit loan

Under normal circumstances, the bank requires the borrower to have a second-generation ID card, a certificate of stable work, a certificate of income, and a certificate of loan use; Personal credit status is good; There are also certain restrictions on the income of borrowers. The average monthly income of ordinary borrowers is not less than 4000 yuan.

2. Housing mortgage loan

In addition to strong requirements on the income and credit of the lender, the housing period should be less than 20 years and the housing area should be more than 50 square meters; The house is highly mobile; The amount of mortgage loans shall generally not exceed 70% of the assessed value of the house. In this way, after the relevant information is submitted to the bank for approval, you can apply for a loan with a maximum of150,000 and a maximum term of 20 years.

3. College students' entrepreneurial loans

Requirements for college students' entrepreneurial loans: college students, graduates within two years; College degree or above; 18 years old or older. Relatively speaking, the application conditions for this kind of loan are relatively loose, and then you only need to submit student ID cards, transcripts, statements and other materials to the bank, and you can get the loan after approval.

4. Self-operated loans

Must have full capacity for civil conduct and have a local hukou; Having a fixed business place and stable income in the local area; Can provide legal collateral (pledge); Open a deposit account with a loan bank. After the above conditions are met, the information required by the bank can be submitted for review.

5. Housing mortgage loan

Have a valid identity card and proof of marital status; Good credit record and willingness to repay; A steady income; Commercial housing sales contract or letter of intent for the purchased house; Have the ability to pay the down payment of the purchased house; Open a personal settlement account with a valid guarantee in the bank. After meeting the above conditions, you can submit the application materials to the bank, and the bank will review and decide whether to lend money.