To apply for a loan from China Merchants Bank, you need to know the loan principal, loan term, repayment method and annual interest rate, and calculate the loan interest or monthly repayment amount. If the above information is confirmed, you can try to calculate it through our loan calculator. Log in to the lower right of China Merchants Bank official website and find the "Financial Calculator"-"Personal Loan Calculator" for calculation.
Icbc loan interest calculator
Description of calculation formula
Principal: total loan amount
Number of repayment months: loan term X 12. For example, for a loan of 10 years, the repayment period is 10X 12= 120 months.
Monthly interest rate: monthly interest rate = annual interest rate/12.
Annual interest rate: that is, in the hot topic of mortgage discussion, the figure obtained after the base interest rate is 30% off and 8.5% off.
Cumulative repayment amount: the cumulative repayment amount in the first month of average capital repayment law is 0.
Latest interest rate table in 2009
How to calculate ICBC mortgage prepayment calculator online? What is the function of mortgage calculator?
Buying a house means having a family, so many young people struggle to buy a house, but it is easier said than done. Most of them bought houses by loan policy. After the loan, there are countless months of mortgage repayment, and some friends will think of prepayment. ICBC loan partners all know that ICBC loans are repaid in advance.
Everyone wants to have a happy home, but a house is a home, so many young people struggle to buy a house, but it is easier said than done. Most of them buy houses by loan policy. After the loan, there are countless months of mortgage repayment, and some friends will think of prepayment. Do ICBC loan partners know how to calculate the prepayment calculator online? What is the function of mortgage calculator?
How to calculate ICBC mortgage prepayment calculator online?
I. Basic formula for calculating interest The basic formula for calculating interest on savings deposits is: interest = principal × deposit period × interest rate.
II. Conversion of Interest Rate The conversion relationship among annual interest rate, monthly interest rate and daily interest rate is: annual interest rate = monthly interest rate × 12 (month) = daily interest rate ×360 (days); Monthly interest rate = annual interest rate ÷ 12 (month) = daily interest rate ×30 (days); Daily interest rate = annual interest rate ÷360 (days) = monthly interest rate ÷30 (days). Pay attention to the consistency with the deposit period when using interest rates.
3. Starting point of interest calculation: the starting point of interest calculation for savings deposits is RMB yuan, and no interest is calculated for points below RMB yuan; The interest amount is calculated to the decimal point, and the decimal point is rounded off when actually paid; Except for current savings, which are settled on an annual basis and interest can be converted into principal, all other savings deposits, regardless of the deposit period, are paid off with the principal at the time of withdrawal, excluding compound interest.
Fourth, the calculation of deposit period: the calculation of deposit period adopts the method of counting the head and tail; Regardless of the big month, small month, flat month and leap month, it is calculated as 30 days per month and 360 days per year; The maturity date of all kinds of deposits is calculated by year, month and day. If the account opening date is the missing date in the expiration month, the expiration date will be the last day of the expiration month.
Verb (abbreviation of verb) Calculation of interest on savings deposits The interest rate of savings deposits shall be subject to the interest rate published by the People's Bank of China, and the original currency shall be used for savings, and the original currency shall bear interest (the second currency can be converted into RMB according to the foreign exchange quotation of the day). Its interest-bearing provisions and calculation methods are compared with RMB deposit methods.
What is the function of mortgage calculator?
1, the mortgage interest rate calculator can be used for users who have gone through mortgage formalities before, and the amount deducted by the bank every month is correct; In case of interest rate adjustment, does the bank implement the new interest rate according to the regulations?
2. How much to adjust the new monthly repayment amount; Using personal housing mortgage calculator to make appropriate settings and choices can completely and accurately simulate your mortgage repayment in the bank; By using this software, consumers can clearly understand which method is more suitable for their mortgage. Every month, you can know the specific amount of deduction from the bank in that month (including the principal deducted in that month and the interest repaid in that month);
3. The loan amount and loan life are different, generally at least around 1 10,000 yuan. How to choose the appropriate mortgage loan method according to their income and expenditure situation and save interest for themselves to the greatest extent is a hesitant thing for many property buyers when handling mortgage loans;
Of course, we can also choose to repay the loan in advance. If the user repays the loan in advance in a certain month (including fully paying off the loan and paying off the loan in advance), he can know the amount to be repaid in that month and how much interest can be saved after paying off the loan.
The above is how the ICBC mortgage prepayment calculator calculates online. What is the function of mortgage calculator? Interest will change after prepayment, and there will be liquidated damages, which need to be calculated by yourself. If the calculator can't work out, everyone will use the professional mortgage calculator mentioned in this article.
ICBC Loan Calculator Latest 20 15
1. Calculate the monthly payment, total interest and total repayment when the average capital and equal principal and interest repayment methods are selected for commercial loans.
Mortgage interest rate calculator
2. Short-term loans generally use one-time repayment of principal and interest or installment repayment of principal and interest, and this calculator is not applicable.
Operating Steps: Step 1: First, choose whether your repayment method is average capital or equal principal and interest, and fill in the commercial loan term, loan amount and actual loan interest rate;
Step 2: Select whether to display repayment details, and click "Calculate" to get detailed information such as monthly repayment amount, total loan interest, total repayment amount, etc.
point out
1. Commercial loans are loans used to supplement the working capital of industrial and commercial enterprises. Generally, they are short-term loans, usually 9 months, and no more than one year at most, but there are also a few medium-and long-term loans. This kind of loan is the main part of commercial bank loans, generally accounting for more than one-third of the total loans.
2. Calculate the monthly payment, total interest and total repayment of commercial loans when choosing the repayment method of average capital and equal principal and interest.
Loan Calculator Industrial and Commercial Bank of China
There are usually three types of loan calculators:
Loan calculator provided by commercial banks
This kind of calculator is characterized by relying on the bank website platform and high credibility; The disadvantage is that the calculation conditions are simple, mainly theoretical calculation, regardless of reality. For example, the calculation formula of daily interest rate is generally: daily interest rate = annual interest rate/360; The calculator provided by the bank is generally calculated according to 365, which is different from the actual situation.
Second, the loan calculator provided by the real estate website
This kind of loan calculator is generally based on the loan calculator on the bank website, with little or no change, and its shortcomings are similar to the previous article.
Third, Taobao customer loan calculator
This calculator is a fully customized parametric calculator, and the calculation results are completely consistent with the actual situation, providing more real and powerful data support for your loan decision!
ICBC Loan Calculator 20 14
Please log on to the portal of China Industrial and Commercial Bank () and select the function of "quotation tool-financial calculator", or log on to the mobile portal (m.icbc.com.cn) and select the function of "financial information-financial trial calculation" to calculate the loan repayment amount and interest. The calculation results are for reference only.
(Answer time: May 2020 19. In case of business changes, please refer to the actual situation. )