Calculation method of bank loan execution interest rate: execution interest rate = benchmark interest rate × (interest rate floating value 1), where the interest rate is negative. The loan interest rate of the Bank is based on the benchmark loan interest rate published by the People's Bank of China, and fluctuates on the basis of the corresponding term and interest rate. The interest rate actually released by the bank is the executive interest rate. Each bank's loan type and loan term are different, and the execution interest rate is also different. The lowest interest rate is the provident fund loan interest rate. In the past few years, the commercial loan interest rate of mortgage lenders in various banks may have a certain interest rate discount, such as 15% discount, which means that the interest rate will drop 15%, the floating value of interest rate will be-15%, and the long-term housing loan execution interest rate will be 4. 165%. At present, commercial loans generally rise by 20% today, with a floating interest rate of 20% and a long-term housing loan execution rate of 5.88%. And various consumer and commercial loans, if the repayment method is different, the interest rate is also different.

What are the formulas for calculating the interest rate of bank loans?

Interest rate = interest/principal/time × 100%

For example: deposit 100 yuan,

The bank promised to pay an annual interest rate of 4.2%

Then the bank will pay 4.2 yuan interest in the second year.

The calculation formula is 100×4.2%=4.2 yuan.

The formula is: interest rate = interest ÷ principal ÷ time × 100%.

Interest = principal × interest rate× time

= 100×4.2%=4.2 yuan.

The final withdrawal 104.2= 104.2 yuan.

Extended data

Matters needing attention

1. When applying for a loan, the borrower makes a correct judgment on his repayment ability. Design a repayment plan according to your income level, leaving room for it and not affecting your normal life.

2. Choose the appropriate repayment method. There are two repayment methods: equal repayment and equal principal repayment. Once the repayment method is agreed in the contract, it shall not be changed during the whole loan period.

3. Repay on time every month to avoid penalty interest. From the month following the initiation of the loan, the lending time of the next month is usually the repayment date. Don't default on the penalty interest because of your negligence, so that the bank can't approve the loan application again.

4. Take care of your contract and receipt, read the terms of the contract carefully, and know your rights and obligations.

How to calculate the bank loan interest rate?

Calculation method of bank loan execution interest rate: execution interest rate = benchmark interest rate × (interest rate floating value 1), where the interest rate is negative. The loan interest rate of the Bank is based on the benchmark loan interest rate published by the People's Bank of China, and fluctuates on the basis of the corresponding term and interest rate. The interest rate actually released by the bank is the executive interest rate. Each bank's loan type and loan term are different, and the execution interest rate is also different. The lowest interest rate is the provident fund loan interest rate. In the past few years, the commercial loan interest rate of mortgage lenders in various banks may have a certain interest rate discount, such as 15% discount, which means that the interest rate will drop 15%, the floating value of interest rate will be-15%, and the long-term housing loan execution interest rate will be 4. 165%. At present, commercial loans generally rise by 20% today, with a floating interest rate of 20% and a long-term housing loan execution rate of 5.88%. And various consumer and commercial loans, if the repayment method is different, the interest rate is also different.