"According to the information you provided, the loan is 300,000 yuan, the loan term is 3 years, the loan interest rate is 4.75% according to the bank 1-5 years (including 5 years), and the repayment method is calculated according to the repayment method of equal principal and interest. The monthly repayment amount is 8,957.63 yuan, and the total interest is 22,474.84 yuan. "

The simple and popular understanding of loan is to borrow money with interest.

Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.

The "three principles" refer to safety, liquidity and efficiency, and are the fundamental principles of commercial banks' loan operation. Article 4 of People's Republic of China (PRC) Commercial Bank Law stipulates: "Commercial banks should operate independently, bear their own risks, be responsible for their own profits and losses, and be self-disciplined, and take safety, liquidity and efficiency as their operating principles."

2. How much interest does a loan of 1.2 million need for 30 years?

According to the calculation of half of provident fund loans and half of commercial loans, the interest rate of commercial loans in May 2020 was 5.32%. If you choose equal principal and interest repayment, the total interest of the loan for 30 years is about 940,000 yuan, and it is also 5,950 yuan per month. If equal principal repayment is adopted, the total interest for 30 years is about 770,000 yuan, and the first month is 76 18 yuan.

Third, a loan of 300,000 yuan will be paid off in three years. How much is the monthly interest?

"According to the information you provided, the loan is 300,000 yuan, the loan term is 3 years, the loan interest rate is 4.75% according to the bank 1-5 years (including 5 years), and the repayment method is calculated according to the repayment method of equal principal and interest. The monthly repayment amount is 8,957.63 yuan, and the total interest is 22,474.84 yuan. "

The simple and popular understanding of loan is to borrow money with interest.

Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.

The "three principles" refer to safety, liquidity and efficiency, and are the fundamental principles of commercial banks' loan operation. Article 4 of People's Republic of China (PRC) Commercial Bank Law stipulates: "Commercial banks should operate independently, bear their own risks, be responsible for their own profits and losses, and be self-disciplined, and take safety, liquidity and efficiency as their operating principles."

4. The loan of 300,000 yuan will be paid off in three years, with a monthly rate of 0.68%.

Matching principal and interest method: loan principal: 40,000 yuan, assuming annual interest rate: 4.750%, loan life: 3 years, monthly repayment amount of principal and interest: 1 194.35 yuan, total repayment amount: 42,996.6 yuan, * * repayable interest: 2,996.6 yuan. The interest paid in 1 month is:158.33; The first 1 month principal repayment amount is 1036.02.