Monthly payment of equal principal and interest = loan period /[(65438+ 10 monthly interest rate) loan period-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%.
The five-year period is 6. The last cycle was 6.55%.
I suggest you go to Huitong fx678 to have a look! !
2. What is the calculation formula of principal and interest?
Calculation formula of loan principal interest, calculation formula of equal repayment: monthly principal and interest amount = [monthly principal interest rate (1 interest rate) repayment months ]/[( 1 interest rate) repayment months-1], where: monthly interest = monthly interest rate of remaining principal loan; Monthly principal = monthly contribution _ monthly interest; Calculation principle: from the beginning of monthly contribution, the bank collects the interest of the remaining principal first, and then the principal; The proportion of interest in monthly payment decreases with the decrease of residual principal, and the proportion of principal in monthly payment increases, but the total monthly payment remains unchanged. Monthly diminishing repayment formula: monthly repayment amount = (principal/repayment months) (principal _ accumulated repaid principal) monthly interest rate. Where: monthly interest = (principal _ accumulated principal repayment) monthly interest rate; Monthly principal = total principal/repayment months; Calculation principle: the amount of principal returned every month is always the same, and the interest decreases with the decrease of the remaining principal.
Short-term loan: within 6 months, the interest rate is 4.35, and the interest rate is 4.35 from 6 months to 1 year (including one year); Medium-and long-term loans: one to three years (including three years), with an interest rate of 4.75; The interest rate is 4.75 for three to five years (including five years); Interest rate of 4.90 for more than five years, personal housing provident fund loan: less than five years (inclusive), interest rate of 2.75; The interest rate for more than five years is 3.25.
Three, how to use the bank loan annualized interest rate calculator to calculate?
Calculation of annualized interest rate of bank loans
1. monthly interest rate: that is, the interest calculated on a monthly basis. The calculation method is: monthly interest rate = annual interest rate ÷ 12 (month).
2. Daily interest rate: The daily interest rate is called the daily interest rate, which is calculated on a daily basis. Its calculation method is: daily interest rate = annual interest rate ÷360 (days) = monthly interest rate ÷30 (days).
3. Annual interest rate: usually in the form of a percentage of the principal, the interest is calculated in years. The calculation method is: annual interest rate = interest ÷ principal ÷ time × 100%.
4. Annualized interest rate: refers to the interest rate that the product's inherent rate of return is discounted to the whole year, which is quite different from the calculation method of annual interest rate. Assuming that the yield of a wealth management product is one year and the yield is B, the annualized interest rate R is calculated as r = (1b) A- 1.
5. Calculation formula of equal principal and interest: [loan principal× monthly interest rate× (1interest rate )× repayment months ]⊙[( 1 interest rate )× repayment months]
6. Calculation formula of average fund: monthly repayment amount = (loan principal ÷ repayment months) (principal-accumulated amount of repaid principal) × monthly interest rate.
Extended data:
Calculation method of bank loan interest:
At present, there are two main repayment methods for buying a house by loan: equal principal and interest and average principal.
Matching principal and interest repayment method:
Four, the bank loan interest rate calculator principal interest
The equivalent principal repayment calculator is as follows:
/calculator 2 . aspx；
The calculation formula of the average capital repayment method is as follows:
Quarterly repayment amount = loan principal ÷ number of quarters of loan term (principal-accumulated principal repaid) × quarterly interest rate.
For example, take the loan of 200,000 yuan and the loan term of 10 year as an example:
Repay the principal in equal amount every quarter: 200,000 ÷ (10× 4) = 5,000 yuan.
Interest in the first quarter: 200,000× (5.58% ÷ 4) = 2,790 yuan.
The repayment amount in the first quarter is 50002790=7790 yuan;
Interest in the second quarter: (200,000-5,000×1)× (5.58% ÷ 4) = 2,720 yuan.
The repayment amount in the second quarter is 50002720=7720 yuan.
Interest in the 40th quarter: (200,000-5,000× 39 )× (5.58% ÷ 4) = 69.75 yuan.
Then the repayment amount in the 40th quarter (the last period) is 500069.75=5069.75 yuan.
It can be seen that with the continuous repayment of the principal, the interest on the unpaid principal in the later period is less and less, and the repayment amount in each quarter is gradually reduced. This method is more suitable for borrowers who already have some savings, but their expected income may gradually decrease, such as middle-aged and elderly workers' families, who have some savings, but their retirement income will decrease in the future.
This method was introduced in June 1999 1 and is being gradually adopted by banks.