1. What is the annual interest rate of ICBC’s commercial mortgage loans in 2010?
ICBC announced that the mortgage interest rate is 5.51%, and the interest rate for purchasing a second home is 6.12%; it is concerned about the rapid rise in real estate prices. In certain cities or regions, the minimum down payment ratio for personal housing loans can be increased from the current 20% to 30%. The cities or regions for specific adjustments can be determined by commercial banks themselves, and there is no one-size-fits-all approach; the interest rate of personal housing provident fund loans will also be slightly increased accordingly, with an increase of 0.18 percentage points. Among them, loans with a term of less than 5 years (including 5 years) will be subject to the current annual interest rate. 3.78% is adjusted to 3.96%; the current annual interest rate for loans over 5 years is adjusted from 4.23% to 4.41%.
2. In 2015, the Industrial and Commercial Bank of China mortgage loan was RMB 400,000, and it was repaid in 10 years. How much interest should be paid on the equal principal and interest?
In 2015, the Industrial and Commercial Bank of China mortgage loan was RMB 400,000, and it was repaid in 10 years. To pay off, the total interest paid for equal amounts of principal and interest is 112,641.05 yuan, and the total interest paid for equal amounts of principal and interest is 103,858.33 yuan
3. Calculation formula for equal amounts of principal and interest: [Loan principal × monthly interest rate × (1-month interest rate) ^ repayment month Number]÷[(1-month interest rate)^number of repayment months-1]?
Every time the interest rate changes, the loan principal in the formula refers to the remaining principal. If the repayment is in equal principal and interest, a commercial loan of 325,000 yuan will be repaid for 180 months (15 years) starting in May 2010. , then it will be repaid until April 2025. Calculated according to the adjustment and floating of the national benchmark interest rate and the following conditions you provided, the total interest on the loan paid during this period is 132,109.95 yuan; starting from May 2010, the annual interest rate will be 5.94% At a 30% discount, the monthly payment will be 2,429.8 yuan until December 2010; during this period, the total monthly payment is 19,438.4 yuan, and the remaining principal is 314,443.24 yuan; starting from January 2011, the annual interest rate will be 6.4%, with a 30% discount, and the monthly payment will be 2,429.8 yuan. By December 2011, the monthly payment amount was 2,480.81 yuan; during this period, the total monthly payment was 29,769.66 yuan, and the remaining principal was 298,434.58 yuan; starting from January 2012, the annual interest rate was 7.05%, with a 30% discount until April 2025. , the monthly monthly payment is 2,549.39 yuan; the total monthly payment during this period is 407,901.89 yuan, and the loan has been fully paid off;
4. What is the equal principal and interest of the ICBC mortgage loan in 2010
4.158 %. In 2021, the annual interest rate of ICBC housing loans for more than 5 years is 5.94%. The bank will offer a 30% discount for the first loan. The annual interest rate is 4.158%. ICBC mortgage loans are commercial loans issued by ICBC to customers using the purchase of real estate as collateral to pay for the purchase of a house.