Bank interest rates are generally around 4%.
So about 30 thousand a year
Second, how much interest does the house mortgage bank loan 500,000 need?
According to the current loan interest rate, the annual interest rate of the loan for one year is: 500,000 yuan 6%, and the annual interest payable is: 500,000× 6% = 30,000.00 yuan.
How much is the mortgage interest of 35,000 yuan?
The total interest is 38,668.36 yuan.
500,000 yuan is mortgaged for 3 years, assuming the repayment method is equal principal and interest, and the annual interest rate of the loan is 4.90%, then the monthly repayment is 14963.0 1 yuan, and the total interest is 38,668.36 yuan, and the total repayment amount is 538,668.36 yuan, and the interest accounts for 7. 18% of the total repayment amount.
500 thousand mortgage for 3 years If the repayment method is average capital and the annual interest rate of the loan is 4.90%, the repayment in the first month is 15930.56 yuan, with a monthly decrease of 56,765,438 yuan +0 yuan. The total interest is 37,770.83 yuan, and the total repayment amount is 537,770.83 yuan, with interest accounting for 7.02% of the total repayment amount.
The loan amount is 500,000 yuan, the term is 3 years, and the loan interest rate is 4.90%. Using different repayment methods, the calculation results are shown in the following table:
Average capital and interest average capital
Monthly repayment14,963.05438+0, first month repayment15,930.56.
Decrease by 56.7 1
Total interest 38,668.36 Total interest 37,770.83
Interest accounts for 7. 18%, and interest accounts for 7.02%.
Under the same conditions, the average capital saves interest by 897.53 yuan compared with the equal principal and interest.
If you calculate how much this 500,000 mortgage will be repaid every month for three years, how much mortgage will be repaid every month, and what is the interest? We also need to know the repayment method (equal principal and interest or equal capital), and the loan interest rate is 4.90% this time.
What is the annual interest rate of 45,000 yuan mortgage?
For lenders, it is definitely correct to know their repayment interest and repayment amount in advance, because in this way, they can make repayment plans to ensure that each installment can be repaid smoothly, without overdue, and without any influence and pressure on their credit investigation.
Calculation of one-year interest rate
According to the interest rate calculation data recently released by the bank, if it is 500,000 yuan a year, then the interest rate is 6.56%, and the interest generated in one year is 32,800 yuan.
At first glance, you may think that the annual interest rate is a bit high, but you should pay attention that your loan amount is 500 thousand, and it is for one year. In fact, this interest rate is relatively much lower. If you are not satisfied with this interest rate and your repayment ability is good, you can also choose a repayment time of half a year. In this case, the interest rate will be reduced to 6. 1%, and the annual interest will be 30,500, which can save more than 2,000 yuan compared with the annual interest. But my repayment period has been shortened by half, so in comparison, a one-year repayment period is actually more cost-effective. You know, cash is king now When you can borrow money from the bank and have funds in your hand, it will be much easier to do any project you want without any burden and pressure. Moreover, they all want to reduce their economic pressure. Since they have borrowed money from the bank, the interest difference between half a year and one year is only more than 2,000 yuan. It is better to extend their repayment time, so that they can use the funds more easily. If there are some short-term investment or short-term benefit projects, the value created by 500,000 half a year will definitely be more than 2,000 yuan. In this case, do you know how to make a decision on the repayment time if you borrow money yourself?