The average capital method is to divide the loan principal evenly according to the total repayment months (average capital), and add the monthly interest of the remaining principal in the previous period to form the monthly repayment amount. \ According to the above definition, the monthly principal repayment of Xiao Li's loan is: 150000/240=625 yuan; \ Paid base is: 50000/625=80 installments; \ Residual principal:150000-50000 =100000 yuan; \ The interest portion of 1.300 yuan's principal and interest to be repaid this month is: 1.300-625 = 675 yuan; \ Current monthly interest rate is: 675/ 100000 = 6.75‰(6.75‰).

How to calculate the monthly interest rate of bank loans?

1. Monthly interest rate: that is, the 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.

What's the monthly interest rate for bank loans?

The monthly interest rate of bank loans is 0.4 1%.

The central bank decided to lower the benchmark interest rates of loans and deposits to reduce the cost of social financing. The benchmark interest rate for one-year deposits will be lowered by 0.25% to 1.5%, the benchmark interest rates for other grades of loans and deposits and the lending rate for financial institutions by the People's Bank of China will be adjusted accordingly, the benchmark interest rate for one-year loans for financial institutions will be lowered by 0.25% to 4.36%, and the interest rate for individual housing provident fund loans will remain unchanged.

Difference between annual interest rate and monthly interest rate of bank loans

There is no substantial difference, but the calculation cycle is different. \ Monthly interest rate = annual interest rate/12\ But the monthly interest rate period is short and the annual interest rate period is long; In fact, there is a rolling interest factor in monthly interest, so the actual interest rate of monthly interest is greater than the annual interest rate. \ If the annual interest rate is I, the monthly interest rate is i/ 12. If interest is calculated monthly, the effective interest rate is \ annual effective interest rate (1I/12)12-1.

What's the interest on loans from ordinary banks?

3% is usually the monthly interest rate, which means that the interest on borrowing one yuan a month is 3%. 3% monthly interest is 0.3%. If you borrow 6,543,800 yuan, the monthly interest rate is 654.38+ 0.3% = 300 yuan; The annual interest is 3600 yuan; The interest on this loan is ok, but not very high.

In fact, such a loan interest rate is rare at 20 18. By borrowing from the bank, the benchmark interest rate (annual interest rate) for one year is 4.35%, that is, the loan is 654.38+ million, and the annual interest is 4350 yuan. Compared with bank loans, both generate more interest.

When handling bank loans, all banks will require borrowers to have a good credit record. If there is bad credit, the bank will refuse the loan. If other loans are overdue or credit cards are overdue, there may be bad credit records, and banks may refuse loans.

What is the monthly interest rate for borrowing money?

1. The monthly loan interest rate is calculated by dividing the annual interest rate by 12. For example, the current benchmark interest rate for loans over five years is 4.90%, divided by 12 months, and the monthly interest rate is about 0.4 1%. Suppose that the borrower borrows 654.38 million yuan with a term of 6 months, and the repayment method is to pay interest on a monthly basis and repay the principal at maturity, with an annual interest rate of 9.00% and a monthly interest rate of 9.00%12 = 0.75%.

2. The bank loan interest rate refers to the ratio of the interest amount to the principal amount during the loan period. The interest rate in China is managed by the People's Bank of China. The bank loan interest rate refers to the benchmark interest rate set by the People's Bank of China, and the actual contract interest rate can fluctuate within a certain range on the basis of the benchmark interest rate. The interest rate of loan contracts with banks and other financial institutions as lenders can only be determined through consultation within the upper and lower interest rate limits stipulated by the People's Bank of China. If the loan interest rate is high, the repayment amount of the borrower will increase after the loan term, and the loan interest rate will be low. After borrowing, the monthly repayment amount is less, the total repayment interest is less, and the personal pressure is less.