The calculation formula of loan handling fee and annualized interest rate is: annualized interest rate = annual loan cost ÷ annual loan amount × 100%= daily interest rate 365= monthly interest rate 12. The handling fee is the cost of loan payment, and there is interest cost after the loan is obtained. Annualized interest rate refers to the interest rate discounted to the whole year through the inherent rate of return of products.

Second, how to calculate the loan interest rate?

Interest has a very complicated calculation formula, which will be unclear for a while. Repayment methods are divided into two algorithms: equal principal and interest and average principal. You can download an interest rate calculation software, there should be many online, enter the principal, years, interest rate, and you can calculate the monthly payment. There are two kinds of questions about the annual interest rate, one is to sign the contract once a year, and the other is to fix the interest rate. Generally, when a bank signs a contract for you, it changes every year, that is, at the beginning of each year, the latest interest rate of the previous year is used to calculate the monthly repayment amount of the next year. Perhaps for this reason, the central bank raised interest rates at the end of last year. I guessed, haha. The average capital starts with a high repayment rate and decreases slightly month by month. Matching principal and interest, the monthly repayment amount is fixed for one year. During the whole repayment period of average capital (for example, 30 years), the total interest payment is less than other methods. This requires you to weigh the pros and cons from two aspects.

3. How to calculate the loan expense ratio?

Take the personal consumption loan of China Construction Bank as an example: there is no handling fee for bank loans, only the loan interest rate.

1. Short-term loan: within one year (including one year), with annual interest rate of 4.35%.

2. Medium and long-term loans: one to five years (including five years), with an annual interest rate of 4.75%.

3. Loan objectives:

It is applicable to China citizens with full capacity for civil conduct who are in need of consumer financing and are over 18 years old but not over 60 years old.

4. The purpose of the loan:

Personal consumption loans must have clear consumption purposes, which can be used for all kinds of consumption expenses of individuals and their families (excluding the purchase of housing and commercial housing), such as housing decoration, car purchase, purchase of durable consumer goods, tourism, marriage, education and other consumption purposes.

5. Loan amount:

The single-family loan amount does not exceed 2 million yuan.

Fourth, how to calculate the loan interest rate?

At present, PBOC has announced the benchmark annual interest rate of loans: 0-6 months (including 6 months), with an annual interest rate of 4.35%; 6 months-1 year (including 1 year 5%; 1-3 years (including 3 years), with annual interest rate of 4.75%; 3-5 years (including 5 years); 5-30 years (including 30 years), with an annual interest rate of 4.90%; The loan interest rate needs to be comprehensively priced in combination with the quality assurance method of the business you apply for, and can only be determined after being approved by the handling outlets.

If you want to calculate the current monthly payment information for reference, please open the following link: /CmbWebPubInfo/Cal_Loa=dkjsq. (You can view information such as monthly payment, monthly principal, monthly interest, principal balance, total interest and total repayment).