The calculation is as follows:
The amount to be repaid during repayment = principal and interest = 2000000 2000000*3*8.5=2 504 000
Loan interest rate
p>Loan interest rate is the interest rate charged by banks and other financial institutions to borrowers when they issue loans. It is mainly divided into three categories: the central bank's loan interest rate to commercial banks; the commercial bank's loan interest rate to customers; and the interbank lending rate.
The factors that determine bank loan interest are:
① Bank costs. Any economic activity requires cost-benefit comparison. There are two types of bank costs: borrowing costs—advanced interest on borrowed funds; additional costs—expenses incurred in normal business.
②Average profit rate. Interest is a subdivision of profit. Interest must be less than the profit rate. The average profit rate is the highest limit of interest.
③The supply and demand situation of lending currency funds. If supply exceeds demand, loan interest rates will inevitably fall, and vice versa. In addition, loan interest rates also need to take into account price changes, securities income factors, political factors, etc. However, some scholars believe that the highest limit of interest rate should be the marginal rate of return of funds. The factor that constrains the interest rate is regarded as the ratio of the increase in profit of the enterprise after borrowing a bank loan to the amount of borrowing and the loan interest rate. As long as the former is not less than the latter, the company may borrow from the bank
: Loan method
The loan method is the way in which banks grant loans to companies. According to different methods of loan guarantee, it can be divided into credit loans, guaranteed loans and bill discounting. Credit loans refer to loans issued solely based on the creditworthiness of the borrower; Guaranteed loans refer to guaranteed loans, mortgage loans and pledged loans; Bill discount refers to loans issued by the lender in the form of purchasing the borrower’s unexpired commercial papers, which can be regarded as a A special form of mortgage loan.
The loan method refers to the supply method of the demand for credit funds.
Should the bank provide loans directly or indirectly to the reasonable capital needs of enterprises in the production and operation process? Should they provide loans to buyers or sellers? What method of fund supply will be adopted? , is conducive to coordinating the relationship between production and marketing; is it conducive to maintaining the dominant position of bank credit and bringing commercial credit into the bank credit track? The solution to these problems requires the selection of loan methods.