1. Loan interest: refers to the reward that the lender gets from the borrower for issuing monetary funds, and it is also the price that the borrower must pay for using the funds. Mortgage (real estate, etc.) can be considered for loans. ). You can also use a credit loan, with a small loan amount and a relatively high loan interest rate. Calculation method of bank loan interest: Generally, compound interest is calculated on a monthly basis. There are two ways to repay by installments: one is equal principal and interest, and the other is average capital. In the short term, you can also repay the principal and interest in one lump sum.

2. Take the loan bank as an example, 60,000 yuan for one year (12 months). According to the current annual loan interest rate of 5.3 1% (monthly interest rate: 5.31%12 = 0.4425%), different calculation methods are described in detail.

1. One-time repayment of principal and interest, with total principal and interest of 60,000 * (1+0.4425%)12 = 63,264.69 yuan.

2. installment payment. Equal principal and interest. Matching principal and interest repayment means that the repayment amount of each installment (monthly) is the same, and the calculation method is as follows: 60,000 yuan, 1 year (12 months), and the monthly repayment: [60,000 * 0.4425% * (1+0.4425%)/kloc.

3. Repayment by installment. Equal principal repayment means unequal interest repayment, which is getting less and less. The repayment of the principal is the same every month, and the interest is decreasing. 60,000, 1 year (12), the monthly repayment of principal is the same: 60,000/12 = 5,000 yuan, the first month repayment = the first month principal+the first month interest: the repayment amount: 5,000+60,000 * 0.4225%.

Can I hire a lawyer for disputes over housing sales contracts? How much do lawyers charge for disputes over housing sales contracts?

Three factors determining loan interest

1, loan amount, loan term and loan interest rate

Loan interest = loan amount * loan interest rate * loan period = loan amount * loan interest rate * loan period = loan amount * days * daily interest rate = loan amount * months * monthly interest rate = loan amount * years * annual interest rate, loan days = months * 30 days+odd days (for example, from June 65438+1October 650)

2. Daily interest rate = annual interest rate /360