Fenheli is a traditional loan interest-bearing unit in China, as follows:

Annual profit 1%, i.e. 1%, and annual loan income 100 yuan;

Monthly income 1%, that is, 0. 1%, January lending income 10 yuan;

Daily profit 1%, that is, 0.0 1%, and daily loan income 1 yuan.

At present, the benchmark interest rate of loans in China is as follows: 4.35% within one year (including one year) and 4.75% within one to five years (including five years); More than five years, 4.90%; That is, the loan interest rate within one year is 4.35%; One to five years (including five years) 4.75%; More than five years, 4.90%. The actual loan interest rate of domestic banks will be adjusted on the basis of the central bank's benchmark interest rate, and the specific loan interest rate will be subject to the actual interest rate.

Bank loan interest rate refers to the ratio of interest amount to principal amount during the loan period. The interest rate in China is managed by the People's Bank of China. The bank loan interest rate refers to the benchmark interest rate set by the People's Bank of China, and the actual contract interest rate can fluctuate within a certain range on the basis of the benchmark interest rate. The interest rate of loan contracts with banks and other financial institutions as lenders can only be determined through consultation within the upper and lower interest rate limits stipulated by the People's Bank of China. If the loan interest rate is high, the repayment amount of the borrower will increase after the loan term, otherwise it will decrease.

What do you mean by one interest and two interest on a bank loan? How to calculate? thank you

One-point interest includes one-point annual interest and one-point monthly interest, which are very different.

In private lending, there has been a conventional term "a few cents" since ancient times, that is, the interest corresponding to each yuan. The Modern Chinese Dictionary defines "fen" as: "fen, interest rate, annual profit is calculated at one tenth, and monthly profit is calculated at one percent."

It turns out that one-minute interest has different meanings in "one-minute annual interest" and "one-minute monthly interest". Let's give an example to illustrate-

"Ten cents annual interest" means borrowing one yuan and paying ten cents interest at the end of the year, which means the annual interest rate is 10%.

"One cent per month" means borrowing one yuan and paying one cent per month, which means the monthly interest is 1%.

In addition, "one point of daily interest" usually means borrowing one yuan and paying one point of interest every day. Daily interest rate 1%. "Ten cents a day" is converted into monthly interest, 30% per month, and the annual interest rate is 360%, which is very high.

The loan interest rate, also known as interest rate, refers to the ratio of the interest amount of the loan borrowed by the borrower to the principal amount in a certain period of time. Generally divided into annual interest rate, monthly interest rate and daily interest rate.

How to convert annual interest rate, monthly interest rate and daily interest rate? Generally speaking, the annual interest rate divided by 12 equals the monthly interest rate, and the annual interest rate divided by 360 equals the daily interest rate; The monthly interest rate multiplied by 12 equals the annual interest rate. The monthly interest rate divided by 30 equals the daily interest rate; Daily interest rate multiplied by 360 equals annual interest rate, and daily interest rate multiplied by 30 equals monthly interest rate. Therefore, "earning one point per month" is actually the annual interest rate 12%, which is higher than "earning one point per year".

The accurate annual interest rate is expressed as a percentage, the monthly interest rate is expressed as one thousandth, and the daily interest rate is expressed as one thousandth. If the annual interest rate is 9%, that is to say, the one-year fixed interest for every 100 yuan deposit is 9 yuan, the monthly interest rate is 10‰ (the monthly interest rate for every 100 yuan deposit is 1 yuan), and the daily interest rate for 1.5% is/kloc-.

How much profit does the red line represent?

At present, the interest rate of small mortgage loans or real estate mortgage loans is generally higher than that of bank loans, so the annualized interest rate is the final interest amount.

When all interest rates are converted into annual interest rates, the annual interest rate is 10%, while the monthly interest rate is 12, that is, the annualized interest rate is 12%. By analogy, "two points per year" means the annual interest rate is 20%, while "two points per month" means the annualized interest rate is 24%.

2065438+On August 6, 2005, the Provisions on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases was promulgated, which pointed out that if the interest rate agreed by both borrowers and lenders does not exceed 24% of the annual interest rate, the people should support the lender to ask the borrower to pay interest at the agreed interest rate. The interest rate agreed between the borrower and the borrower exceeds the annual interest rate of 36%, and the interest agreement in excess is invalid. In other words, the annual interest rate of 36% has become a "red line", which is higher than the annual interest rate of six thirds (36%), the monthly interest rate of three thirds (30‰) and the daily interest rate of one point (10_).

In this way, when you borrow money from each other, you can see it clearly. For example, according to media reports, for a period of time, Wenzhou's mortgage business earned 4 cents interest in 6 days, that is, daily interest 1.5 cents (daily interest 150_), and the annual interest rate was as high as 540%, which was already very high and was not protected by national laws.

What is the loan interest rate?

At present, the normal annual loan interest rate 14% to 18% is within the normal range. Although yours is a little high, it is within the normal legal range. If the annual interest rate exceeds 24% or even 36, it is absolute. Don't borrow money, the interest is high.

Annualized interest rate refers to the interest rate discounted to the whole year through the inherent rate of return of products.

On March 3, 20021March 3 1 day, the People's Bank of China issued an announcement to make relevant provisions on the annualized interest rate of loan products.

Assuming that the yield period of a wealth management product is one year and the total yield is B, then the annualized interest rate is R.

R=( 1b) minus 1.

On March 3, 20021March 3 1 day, the People's Bank of China issued an announcement to make relevant provisions on the annualized interest rate of loan products.

When marketing through websites, mobile phone applications, posters and other channels, institutions engaged in loan business should show the annualized interest rate to borrowers in an obvious way. Institutions engaged in loan business include, but are not limited to, deposit-taking financial institutions, auto finance companies, consumer finance companies, companies and Internet platforms that provide advertising or display platforms for loan business.

The annualized loan interest rate is calculated according to the ratio of all loan fees charged by the borrower to the actual loan principal, and converted into annualized form. The annualized loan interest rate can be calculated by compound interest or simple interest method: compound interest is calculated by internal rate of return; If the simple interest calculation method is adopted, it should be explained that it is simple interest.

Interest rate refers to the ratio of the amount of interest to the amount of borrowed funds (principal) in a certain period. Interest rate is the main factor that determines the capital cost of enterprises, and it is also the decisive factor for enterprises to raise funds and invest. To study the financial environment, we must pay attention to the current situation and changing trend of interest rates.

Interest rate refers to the ratio of the interest amount due in each period to the par value of the borrowed, deposited or borrowed amount (called the total principal). The total interest of the lent or borrowed amount depends on the total principal, interest rate, compound interest frequency and the length of time of lending, deposit or borrowing. Interest rate is the price that the borrower needs to pay for the money borrowed, and it is also the return that the lender gets by delaying his own consumption and lending it to the borrower. The interest rate is usually calculated by the percentage of one-year interest to the principal.

What does three-point loan mean?

Three-point interest on a loan is 3%.

The annual interest rate is generally% (percentage), and the monthly interest rate is generally expressed as ‰ (one thousandth); The daily interest rate is expressed as a few tenths of the principal, which is usually called a few cents.

If the daily interest rate is 1%, that is, the principal is 1 yuan, and the daily interest rate is 0.005438+0 yuan. (1% =0.00 1 yuan, 10 cents =0.000 1 yuan)

Then the profit of the three points is 0.03, which is 3%.

Extended data:

Conversion formula of daily interest rate, annual interest rate and monthly interest rate:

Daily interest rate (0/000)= annual interest rate (0/0) ÷ 360;

Monthly interest rate (0/00)= annual interest rate (0/0)÷ 12.

Monthly interest rate = daily interest rate ×30

Annual interest rate = monthly interest rate × 12

Interest = interest product × daily interest rate

Monthly interest rate = daily interest rate ×30

Annual interest rate = monthly interest rate × 12

Interest = interest product × daily interest rate

Interest (year) = principal × annual interest rate (percentage) × deposit period

Or interest = principal × interest rate× time

Matters needing attention in loan:

1. When applying for a loan, the borrower makes a correct judgment on his economic strength and repayment ability according to the loan interest rate. Design a repayment plan according to your income level, leaving room appropriately, without 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 after the loan is initiated, it is generally the repayment date of the next month. Don't cause liquidated damages because of your negligence, so that banks can't apply for loans again.

4. Take good care of your contracts and IOUs, read the terms of the contracts carefully, and know your rights and obligations.