Because there is no need to provide real estate mortgage, it is favored by some friends who have loan needs. However, it is precisely because there is no need for collateral, and its loan products are risky, so the expected annualized interest rate is often higher than that of mortgage loans in the same period. So, what's the interest? Next, I'll show you how to calculate this account.

How much is the interest? It is understood that different lending institutions have different interest rates, so it is necessary to consult local lending institutions. In general,

The monthly interest rate is about ~, depending on the borrower's qualification and the loan institution chosen.

If you want to know the interest, you must first know the expected annualized interest rate. The expected annualized interest rate shall be implemented according to the expected annualized interest rate of the loan benchmark stipulated by the People's Bank of China, and the floating interest rate shall be implemented according to the relevant regulations of the People's Bank of China.

In addition, you can also calculate the interest according to the loan amount, expected annualized interest rate, term and repayment method. As far as repayment methods are concerned, matching principal and interest and average capital are two common repayment methods. Their respective calculation methods are as follows:

Average interest on funds = (loan principal-accumulated repaid principal amount) Monthly expected annualized interest rate repayment months.

Interest of equal principal and interest = monthly repayment amount-minus monthly principal.

In fact, if you want to know how much interest you apply for, you don't have to bother. You just need to find a calculator online and input the corresponding loan amount, expected annualized interest rate, term and repayment method, and you can calculate the corresponding interest.

How much is the bank interest?

The loan interest directly determines the borrower's repayment amount. Different people apply to banks, and the expected annualized interest rate may be different. How much is the bank's interest?

Taking Ping An Bank as an example, ordinary office workers need to have three choices when applying for personal credit loans:

1. The borrower can apply for a loan with a repayment amount of 45 times after paying off the mortgage, car loan and other loans for one year; After 6 months of repayment, you can apply for a loan with a repayment amount of 30 times;

2. Have purchased insurance products from China Ping An, China Life Insurance and other designated insurance companies, and applied for loans with different multiples according to the policy payment and payment period;

3. Only when the monthly deposit of housing provident fund is more than 4,000 yuan can you apply for personal credit loan. The application threshold is high and the expected annualized interest rate is not low. The expected annualized interest rate of Ping An personal credit loan is about 10%, and the expected annualized interest rate of different products is different, up to 22%.

In addition, the expected annualized interest rate of China Merchants Bank is basically maintained at around 12%. Although the application does not require real estate as collateral, it requires relevant certificates such as real estate to successfully obtain loans.

Generally speaking, there are several main factors that affect bank interest:

1, related to lending institutions

Acceptable institutions generally include banks and loan companies. The threshold for bank application is higher, and the threshold for loan companies is lower. Because of this, the interest of loan companies is usually higher than that of banks.

2. It is related to the occupation of the borrower.

The difference in interests in this respect is the most obvious. For example, many loan companies provide products for stable occupations such as civil servants and employees of public institutions, and the interest is much lower than that of ordinary wage earners.

3. It is related to the borrower's debt ratio.

If the borrower's debt is too high, such as a credit card loan with high debt, the lending institution will often give higher loan interest in order to balance the risk. If the debt exceeds the monthly income, it may directly refuse to lend.

In addition, people with high monthly income and large assets may not get low interest rates, while people with high monthly income and large assets may only get a large loan, which does not determine the level of loan interest.

What is the interest rate?

Different banks have different interest rates on unsecured loans. The interest rates of different loan products are different, but they are basically floating on the basis of the central bank's benchmark interest rate, which can be 10%-30% higher than the benchmark loan interest rate stipulated by the central bank. Because there is no collateral and no guarantee, whether it is 10% or 30% will be determined by the bank after strict examination and approval of personal loan qualifications. Article 3 of the Notice of the People's Bank of China on Issues Related to RMB Loan Interest Rate, on the issue of penalty interest. The default interest rate of overdue loans (loans that the borrower fails to repay on the date agreed in the contract) is changed from the current daily interest rate of 2. 1% to 30%-50% higher than the loan interest rate agreed in the loan contract. If the borrower fails to use the loan as agreed in the contract, the penalty interest rate will be changed from the current daily interest rate of five ten thousandths to 50%- 100% of the loan interest rate agreed in the loan contract.

Which benefit is the least without personal guarantee?

Personal unsecured loan is one of the common loan methods in our life, which can help solve the financial problem in a short time. Do you know which one is the least interesting? Today, I will take the interest rates of several common loan products in the market as an example to bring you a comparative analysis.

petty loan

"Micro-loan" is Tencent Weizhong Bank's first online personal unsecured product in China for WeChat users and mobile QQ users. It has the characteristics of no mortgage, no guarantee, 24-hour service, the fastest 1 minute, loan repayment, and no handling fee for early repayment. The monthly interest rate is 0.6% and the annualized interest rate is 18%.

Pat tape

Auction loan is one of the largest online credit lending platforms in China. Will it be the one with the least interest for individuals who have no mortgage? Auction loan is practical, unsecured and unsecured, operated by always online. If the loan is less than six months, a handling fee of 2% will be charged, and if it is more than six months, a handling fee of 4% will be charged, with a monthly interest rate of 0.83%.

Ant, please.

Borrowing money is a loan service of Alipay, and the threshold for application is more than 600 points. According to different scores, the loan amount that users can apply for ranges from1000-300,000 yuan. The longest repayment period of the loan is 12 months, and the monthly loan interest rate is 0.54%.

JD.COM gold bars

It is a cash loan service tailored by JD Finance for JD.COM IOUs users with good credit. You can borrow it and return it. The longest repayment period defaults to 12 months. It can only be operated through Jingdong Financial app, up to 50,000 yuan. The loan interest rate is 0.6% per month.

Oxygen loan

Oxygen loan is a personal unsecured product of Ping An Pratt & Whitney. The application process and procedures are simple and the loan is fast. Suitable for demanding users, video interview is needed. The maximum amount is 1.5 million. The monthly interest rate is between 0.66% and 2.388%.

The above are the most commonly used personal unsafe apps. From the comparison of their monthly interest rates, it can be seen that the interest rate of ant borrowing is the lowest, and the corresponding interest rate will be lower.

What reliable lending platforms have low interest rates?

The following platforms have low interest rates and are more reliable:

1, money to spend: a well-known lending platform, not many degrees, you may not know! But you must know Baidu, so I won't say much here! Formerly called "Baidu has money to spend", the existence of T 1 team level is reliable!

2. Paipai Loan: the first P2P peer-to-peer lending platform in China and a personal credit online lending platform. At present, China Merchants Bank provides a fund depository system for auction loans. The purpose of its establishment is to provide a safer and more efficient platform to make the lending behavior between individuals more standardized, safe and effective.

3. Borrowing: As long as the sesame credit score is above 600, you can apply for the loan service launched by Alipay.

4. Micro-loan: In addition to Alipay's ant loan, the most recommended is micro-loan, which is very suitable for young people now, because it has brought convenience to hundreds of millions of people through the most commonly used WeChat official account.

5, 360 loan: backed by Qihoo 360, it has a high reputation. Security itself is to do network information security. In terms of big data, there are also many precipitates.

6. Renren Loan: Founded on 20 10, Renren Loan is strictly audited by borrowers, and Minsheng Bank provides a fund depository system for Renren Loan.

Which bank loan interest is low and formal?

Regular bank loans with low interest rates;

1, e-loan for industrial and commercial finance

China Industrial and Commercial Bank, one of the four state-owned banks, has launched this kind of electronic loan with very low interest rate. Many people can borrow at an annualized interest rate of less than 5% for two years, and eligible borrowers can apply by themselves through mobile banking and other channels.

2. China Merchants Bank lightning loan

China Merchants Bank launched a large unsecured credit loan with low interest rate, with a minimum daily interest rate of 0.0 18%. Borrowers who hold a one-card savings card of China Merchants Bank, who are over 23-60 years old, have stable repayment ability and good credit, can apply.

3. CITIC Credit Seconds Loan

If the borrower is a payroll customer, a provident fund deposit customer or a mortgage customer of CITIC Bank, he can apply for this kind of second-credit loan without mortgage guarantee, and the annualized interest rate is as low as 4.35% ~ 15.68%, and the bank will make specific pricing according to the user's credit score.

4. Shanghai Pudong Development Bank pointed out that loans

Shanghai Pudong Development Bank launched online self-help personal credit loans for qualified customers. The loan interest rate is between 3.6%- 10%, and the loan term is up to 5 years. The borrower is over 20 years old, with stable income and good credit, and can try to apply for provident fund for more than 6 months.

5. Fast loan from China Construction Bank

This kind of quick loan has a low interest rate, which is generally around 4.5%. Moreover, the quota is high, so as long as you buy wealth management products in CCB, the chances of obtaining the quota are relatively large. Log in to the mobile banking of China Construction Bank and click Quick Loan to apply. It is also very convenient.