The calculation formula is as follows: discount amount = repaid loan interest ×( 1- provident fund loan interest rate-commercial loan interest rate).
Then we can calculate an account. Suppose the loan amount is 600,000 yuan, the loan term is 20 years, and the current interest rate of commercial loans with a term of more than five years is 4.9%. If the first set is 8.8 fold, the interest rate is about 4.3 1%. According to the matching principal and interest, the first monthly payment is 3734.65 yuan, and the interest is 2 155.02 yuan. Therefore, the monthly preferential amount is 2155.02× (1-3.25% ÷ 4.31%) = 530 yuan.
However, it should be noted that in the case of equal principal and interest repayment, the interest will decrease month by month, so the discount amount will also decrease month by month. When calculating, be careful not to simply compare the interest of the two loans, and the results will be much different.
Discounting interest is the most effective way to alleviate the difficulty in handling provident fund loans at present. If you can apply, you will enjoy a great discount. Want to know more about provident fund discount loans, you can continue to pay attention to Cai Xi. com。 Cai Xi. Many financial institutions and loan platforms all over the country serve to launch Cai Xi. Com's small loan service, you can apply in 30 seconds and get the account in one minute at the earliest.