1. If the loan interest rate is fixed: suppose the loan interest rate is 5%. Then the annual interest will be 10000 yuan multiplied by 5%, that is, 500 yuan.
2. If the loan interest rate is floating: suppose the loan interest rate is the benchmark interest rate plus 4%. If the benchmark interest rate is 3%, the real interest rate is 7%(3%+4%). This year's interest will be 10000 yuan multiplied by 7%, that is, 700 yuan.
Summary:
Depending on the loan interest rate, the annual interest of a loan of 10000 yuan may be between 500 yuan and 700 yuan.
Extended data:
The determination of loan interest rate is usually related to many factors, including the borrower's credit rating, loan term, market interest rate and so on. During the loan process, the borrower and the lending institution will negotiate to determine the appropriate interest rate and sign relevant agreements. The calculation method of loan interest rate is also different, which can be fixed interest rate or floating interest rate. Loan interest is the fee paid to the lending institution, which is one of the costs incurred by the borrower when using the funds. The borrower should know the relevant interest rates and fees before the loan, and make an informed decision according to his own situation.