[loan principal × monthly interest rate ×( 1+ monthly interest rate) repayment months ]=[( 1+ monthly interest rate) repayment months-1]
Second, the average capital calculation formula:
Monthly repayment amount = (loan principal ÷ repayment months)+(principal-accumulated amount of repaid principal) × monthly interest rate.
In which symbols represent power.
explain
Assuming that the principal is 65,438+00,000 yuan, the bank loan is 65,438+00 years, and the benchmark interest rate is 6.65%, compare the differences between the two loan methods:
Three. Matching principal and interest repayment method:
Monthly interest rate = annual interest rate12 = 0.066512 = 0.005541667.
Monthly repayment principal and interest = [10000× 0.005541667× (1.005541667)120]; [( 1+0.00555]
The total repayment amount is 137 17.52 yuan.
The total interest is 37 1752000 yuan.
Four, the average capital repayment method:
Monthly repayment amount = (loan principal ÷ repayment months)+(principal-accumulated amount of repaid principal) × monthly interest rate.
= (10000 ÷120)+(10000-accumulative principal repayment amount) ×0.00554 1667.
The repayment in the first month is 138.75 yuan, with a monthly decrease of 0.462 yuan.
The total repayment amount is 13352+0 yuan.
Interest 3352.75438+0 yuan
How to calculate the interest on bank loans? Matching repayment (principal and interest) method means that the borrower repays the loan principal and interest in equal amount every month during the loan period; The calculation formula is as follows:
Monthly interest payment = residual principal x monthly loan interest rate;
Monthly repayment of principal = monthly repayment of principal and interest-monthly payment of interest.
Average capital repayment method: during the loan period, the principal returned in the monthly payment remains unchanged, the interest decreases month by month, and the monthly payment decreases month by month.
Calculation method of monthly payment by average capital repayment method:
Monthly principal payable (unchanged) = total loan/total repayment months.
Monthly interest payable (decreasing) = residual principal * monthly interest rate
Monthly repayment (decreasing) = monthly principal payable+monthly interest payable.
skill
Compared with the equal principal and interest repayment method, the average principal repayment method has greater pressure on early repayment and less total interest.
The interest formula of bank loan is calculated in China Merchants Bank loan. If you want to calculate the monthly payment information for reference at present, please open the link and try to calculate the monthly payment using the benchmark interest rate of the current loan.
How to calculate the interest formula of bank loans? How to calculate mortgage interest (China Merchants Bank) Loan is the result of comprehensive calculation based on loan amount, execution interest rate, loan term, repayment method and other factors. If you want to do a trial calculation for reference at present, please open the following link:: cmbchina. /cmbwebpubinfo/cal _ loan _ per . aspx？ Chnl=dkjsq tries to use the benchmark interest rate of the current loan for trial calculation.
How to calculate the interest on bank loans? What is the loan interest rate of 120000 yuan? Matching principal and interest repayment method: monthly interest payment = remaining principal x monthly loan interest rate;
Monthly repayment of principal = monthly repayment of principal and interest-monthly payment of interest.
Average capital repayment method: during the loan period, the principal returned in the monthly payment remains unchanged, the interest decreases month by month, and the monthly payment decreases month by month.
Calculation method of monthly payment by average capital repayment method:
Monthly principal payable (unchanged) = total loan/total repayment months.
Monthly interest payable (decreasing) = residual principal * monthly interest rate
Monthly repayment (decreasing) = monthly principal payable+monthly interest payable.
skill
Compared with the equal principal and interest repayment method, the average principal repayment method has greater pressure on early repayment and less total interest.
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 (inclusive), with an annual interest rate of 4.35%; 1-3 years (including 3 years), with annual interest rate of 4.75%; 3-5 years (including 5 years), with an annual interest rate of 4.75%; 5-30 years (including 30 years), with an annual interest rate of 4.90%; The loan interest rate needs to be comprehensively priced according to the business type, credit status, guarantee method and other factors you apply for, and can only be determined after being approved by the handling outlets.
If you want to calculate the monthly payment and interest information for reference, please open the following link:: cmbchina. /cmbwebpubinfo/cal _ loan _ per . aspx？ Chnl=dkjsq tries to use the benchmark interest rate of the current loan to try monthly payment. (You can view information such as monthly payment, monthly principal, monthly interest, principal balance, total interest and total repayment).
The monthly calculation formula of bank loan interest matching principal and interest = principal * monthly interest rate *( 1+ monthly interest rate) loan periods /[( 1+ monthly interest rate) loan periods-1]
20 13 the latest loan interest rate is:
The short-term loan interest rate within 6 months is 5.60%.
1 to 3-year medium and long-term loan interest rate is 6. 15%.
5-year period 6.4%, 10 period 6.55%.
The suggestion can be calculated by the 360 loan calculator.
Interest algorithm for similar bank loans For peers who ask for debt interest, the formula court ruled that the debtor's interest rate on arrears is based on the bank's interest rate for the same period. Examples are as follows: for example, if the term of arrears is one year, it will be implemented at the one-year bank loan interest rate; If the term of arrears is more than one year but less than three years, the loan interest rate will be one to three years, and so on.
Bank loan interest How to calculate loan interest;
It 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.
Loans can be mortgaged (real estate, etc.). ) or secured loans, the latter with a smaller loan amount.
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 principal. Short-term debt service can also be paid in one lump sum. If the loan is handled through the Agricultural Bank of China, this link is our official website loan interest calculator, please click Calculate. Web page link
Daily interest rate (0/000)= annual interest rate (%)÷360= monthly interest rate (‰) ÷ March interest rate (‰) = annual interest rate (%)÷ 12.
Banks can use product interest method and transaction interest method to calculate interest.
The product interest method accumulates the account balance daily according to the actual number of days, and multiplies the accumulated product by the daily interest rate to calculate the interest. The interest-bearing formula is:
Interest = cumulative interest-bearing product × daily interest rate, where cumulative interest-bearing product = total daily balance.
Interest calculation method calculates interest one by one according to the preset interest calculation formula: interest = principal × interest rate × loan term.
If the interest-bearing period is a whole year (month), the interest-bearing formula is:
① Interest = principal × year (month )× year (month) interest rate
If the interest-bearing period is a whole year (month) and days, the interest-bearing formula is:
② Interest = principal × annual (monthly) × annual (monthly) interest rate+principal × odd days × daily interest rate.
At the same time, banks can choose to convert all interest-bearing periods into actual days to calculate interest, that is, 365 days per year (366 days in leap years), and each month is the actual number of days in the Gregorian calendar of the current month. The interest-bearing formula is as follows:
③ Interest = principal × actual days × daily interest rate