The interest of bank loan is calculated according to the service time of the loan, and interest = principal interest rate. Time example: the loan is 65,438+0, the term is 65,438+00 years, the interest rate is 6.0435%, the interest is paid once a month, and the principal is repaid at maturity. Then the monthly interest payable = 65,438+6.0435% 65,438+0/65,438+02 = 503.63 (yuan) Example 2: loan 65,438+00 yuan, term 65,438+00 years, interest rate 6.0435%. Use the method of repaying principal and interest, as we said. Then the monthly payment is 1, 1 12.39 yuan, and its calculation process needs some advanced mathematical methods, which is more complicated. The ten thousand yuan contribution table of housing loan is divided into ten thousand yuan contribution table of individual housing loan, ten thousand yuan contribution table of individual housing provident fund loan and ten thousand yuan contribution table of individual commercial housing loan (shop mortgage). Note: If the loan principal and interest cannot be repaid on time, the bank will charge liquidated damages.
2. ICBC has a credit loan of 20,000 yuan with an annual interest rate of 0.399. What are your interests?
It depends on the loan time. 1. The annual interest rate of ICBC's short-term loan is 4.6%, and the monthly interest of loan 2 1000 =200004.6%/ 12=76.66 yuan. The loan for one year is 200004.6_=920.00 yuan. 2. The annual interest rate of ICBC's long-term loans is 5%, the interest of loans for 21 months is 200005%/ 12=83.33 yuan, and the interest of loans for one year is 200005_= 1000.00 yuan.
The above is the interest of ICBC loan of 20,000 yuan a month.
3. How to calculate the interest of personal credit loans of banks?
At present, the interest rate of credit loans is generally 0.8-2.88% per month, depending on how many lending institutions need to be selected. For example, if the borrower has good qualifications and chooses a bank to bid, the interest rate of credit loans is generally around 1 1% per year, and the monthly interest rate is 2.2-3.5 if the company is selected.
4. How to calculate the interest of personal credit loans of banks?
To know how to calculate the interest rate of personal credit loans in banks, let's take a look at an example. Recently, a friend applied for a personal credit loan with a loan amount of 70,000 yuan, with one-year interest of 4% and three-year interest of 12%. It sounds low, but in fact, what is the personal credit loan interest rate of such a loan method? First of all, we know that the loan principal is 70 thousand. The initial interest and handling fee is 10400. Here, interest is paid at the beginning. If it is to be converted into the form of average interest payment during the normal loan period, it can be approximately considered as a three-year loan of 35,000 yuan or a loan of10.5 years of 70,000 yuan. Then there are two algorithms for the annual interest rate of this loan:
1、 10400/35000/3=9.9%
2.10400/700071.5 = 9.9%. The calculation method of personal credit loan interest rate of this bank is rough estimation, and the shorter the loan term, the smaller the error. In this example, it differs from the exact algorithm mentioned above by 0.86%. Of course, according to the current situation, the current credit loan interest rate is generally 0.8-2.88% per month, depending on the borrower's qualification and the loan institution chosen.
3. The calculation method of bank personal credit loan interest rate is only a rough algorithm, for your reference only. If the borrower has good qualifications, the interest rate of credit loan is generally around 1 1% per year, and if the company is selected, the loan interest rate is 2.2-3.5% per month. Of course, if the borrower is well qualified, has no bad credit record and has property such as real estate and stocks, he can enjoy more favorable credit loan interest rate. In addition, the amount of credit loan interest can be calculated according to the loan amount, interest rate, term and repayment method. As far as repayment methods are concerned, matching principal and interest and average capital are two common repayment methods. Their respective calculation methods are: average capital interest = (loan principal-accumulated principal repayment amount) monthly interest rate repayment months; The interest of equal principal and interest can be calculated by subtracting the monthly principal from the monthly payment. The calculation method of personal credit loan interest rate of banks is introduced in detail. I don't know if you are inspired.
The most important thing to calculate bank interest is to choose which repayment method, equal principal and interest and average capital. It is estimated that many people did not understand the difference between the equal principal and interest repayment method and the average capital repayment method when lending, so they thought they were cheated.