The down payment formula of car loan is: car price down payment = cash car purchase price × down payment ratio (30%-80%). Here, we can assume that the price of the vehicle to be purchased by the user is 6.5438+10,000 yuan, and the down payment ratio required by the lending institution is 30% of the vehicle price, then we can calculate that the down payment of the vehicle that the borrower should pay is 6.5438+100,000× 30% = 30,000 yuan. Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at their special dealers. The interest rate of automobile consumption loan refers to the ratio of the loan amount to the principal given by the bank to consumers, that is, borrowers, for purchasing their own cars (non-profit family cars or commercial vehicles with less than 7 seats). The higher the interest rate, the greater the repayment amount of consumers. Bank car loans, under the pressure of tightening credit scale, consumer loans such as car loans have been greatly reduced, and the loan doors of some middle and low-end cars have been temporarily closed. The biggest advantage is a wide range of choices. Car buyers can go directly to the bank to apply for personal car consumption loans after they take a fancy to the models. However, the procedure of lender qualification examination is very complicated. It is generally necessary to provide real estate (such as real estate) as collateral. Some banks are open to high-end customers or high-end models, and the car itself can be used as a mortgage. However, compared with other car loan methods, the time period for approval is very long. In terms of loan interest rate, the auto mortgage interest rate generally rises by about 10% on the basis of the benchmark bank loan interest rate in the same period. Most car loan businesses need guarantee companies to guarantee or buy car guarantee insurance, and car buyers also need to bear 2.5% to 3% guarantee fees. When all procedures are added up, the comprehensive cost of bank car loan is the highest among the three ways. Whether to buy a car depends on the owner's funds. When asked about the advantages and disadvantages of car loans, most car dealers are somewhat evasive. They believe that buying a car with a loan can not only enable citizens with insufficient funds to buy their favorite cars in advance, but also allow some citizens with sufficient funds but other uses to free up some funds that would have been used for car prices for development. However, the resulting interest and extra costs have been ignored. When you get a car loan, the most important thing is to shop around. Consumers should choose a regular car loan service company with certain qualifications and strength, which will not only standardize services and charges, but also leave you with hidden dangers.

Second, the understanding of automobile loan calculation

Two formulas for calculating automobile loan

For consumers who apply for car loans, the first thing that comes to mind is the equal principal and interest repayment method and the average capital repayment method.

Matching principal and interest repayment method is to add up the total principal and interest of mortgage loans and then distribute them evenly to each month of repayment period. The monthly repayment amount is fixed, but the proportion of principal in the monthly repayment amount increases month by month, and the proportion of interest decreases month by month. Its calculation formula is:

Monthly repayment amount = [loan principal × monthly interest rate ×( 1 interest rate) total repayment period ]=[( 1 interest rate) total repayment period-1]

The average capital repayment method means that the lender distributes the principal to each month and pays off the interest from the previous trading day to the repayment date. Its calculation formula is:

Monthly repayment amount = (loan principal/repayment months) (principal-accumulated amount of repaid principal) × monthly interest rate.

Customized vehicle type

After understanding the calculation formula of car loan, consumers should determine the level and price of car purchase according to their actual income level and spending power. If the debt ratio of "car slaves" is too high, it is very unreasonable from the perspective of financial management. The loan to buy a car must be solved first. /Hui You /xinyidaiwmcar.shtml

Third, how to calculate the car loan?

There are two ways to buy a car loan: formula calculation and car loan calculator calculation There are two common repayment methods for bank car loans: equal principal and interest repayment and equal principal repayment.

The formula for calculating the monthly payment of the matching principal and interest repayment method is: monthly repayment amount = [loan principal × monthly interest rate ×( 1 interest rate )× repayment months ]=[( 1 interest rate )× repayment months]

Average capital repayment method: Monthly repayment amount = (loan principal ÷ repayment months) (principal-accumulated amount of repaid principal) × monthly interest rate.

Baidu encyclopedia-car loan