The monthly repayment amount of bank loans of 654.38 million yuan for three years shall be calculated according to the charging standard of the issuing bank. Take Bank of China as an example:
Loan principal × annual interest rate = annual interest rate. China Bank has an annual interest rate of 4.75%, a loan of 654.38 million yuan and an annual interest of 4,750 yuan.
Monthly principal repayment: 100000÷36=2777.78 yuan.
Monthly interest payable: 4750÷36= 13 1.95 yuan.
The monthly repayment amount is equal to the monthly repayment principal plus the monthly repayment interest: 2777.438+03 1.95 = 2909.73 yuan. (For reference only)
Under normal circumstances, the parking loan belongs to the commercial property mortgage, and its interest rate needs to rise by at least 10% on the basis of the normal housing loan interest rate, that is, it needs to be close to 7%. However, at present, the interest rates of Guangzhou Bank, Agricultural Bank and Rural Commercial Bank, which specialize in parking loans, are much lower than the normal commercial property loan interest rates, even lower than the three-year and five-year time deposits of bank time deposits in the same period.
Guangzhou Bank's "parking loan" charges 3.4% every year. The interest rates of Agricultural Bank of China and Rural Commercial Bank depend on the number of years. If the loan term of ABC is one year, the handling fee is 3.5%. If it is three years, the handling fee is only 65,438+00%, which is only about 3.3% per year. Rural commercial banks charge 3.3% for parking loans for three years and 20% for five years, with an average of 4% per year, slightly lower than the other two banks.
What's the real interest rate for parking loans?
All children who have studied finance know the real interest rate. In accounting treatment, bonds payable will also involve the effective interest rate method. Simply put, the real interest rate is relative to the nominal interest rate, and the nominal interest rate is the interest cost you really bear.
The loan is 6,543,800 yuan, and the monthly payment is 365,438+000 yuan, with the rate of 0.33%/ month. The interest to be repaid is 1 1600 yuan, so the total interest rate is 1 1.60%. 1 1.60%/3=3.87%. If you think like this, you can easily fall into the pit. Select all repayment amounts and loans of 6,543,800 yuan, and use IRR function to calculate the actual interest rate as 7.27%. Although the nominal interest rate and rate are around 3%-4%, the interest cost we have to bear is 7.27%.
Why is this happening? This is because the monthly repayment of 3 100 yuan includes the principal 100 yuan. With the principal gradually decreasing, we still repay the loan at the nominal interest rate of 654,380+000 every month, and the next few months will definitely be uneconomical.
How much is the down payment and monthly payment for 70,000 parking spaces?
1800~2500. According to Baidu's query, it is generally 30%~50%. In most cases, the down payment is 30,000, and the monthly payment is between 1800~2500. Down payment is the lowest proportion of down payment according to the national proportion when buying a house. Of course, the payment can be higher than this amount, but not lower than it, and the rest can be borrowed from the bank.
1.4 million parking spaces. How can I get the most cost-effective loan?
There are two kinds of parking loans: matching principal and interest and average capital. Generally speaking, it will be more cost-effective to choose average capital, but the repayment pressure of car owners will be greater. Average capital will increase the overall cost, but the monthly repayment will be lower. Therefore, we'd better judge according to our own situation. If your income is relatively stable, you'd better choose average capital. If your income fluctuates greatly, you can choose equal principal and interest.
1. What is the real interest rate of the parking loan?
All children who have studied finance know the real interest rate. In accounting treatment, bonds payable will also involve the effective interest rate method. To put it bluntly, the real interest rate is relative to the nominal interest rate, and the nominal interest rate is the interest cost you really bear. We choose a repayment plan from the above parking lot loan products: the loan is 6,543,800 yuan, the monthly payment is 365,438 yuan+000 yuan, and the interest rate is 0.33%/ month. The total interest to be repaid is 1 1600 yuan, so the total interest rate is 1 1.60%. 1 1.60%/3=3.87%. If you think like this, it is easy to fall into the pit. The following is our repayment plan: choose the total repayment amount and loan of 654.38 million yuan, and calculate the real interest rate by IRR function as 7.27%. Although the nominal interest rate and interest rate are around 3%-4%, the interest cost we have to bear is 7.27%. This is because the monthly repayment of 3 100 yuan includes the principal 100 million yuan. However, with the gradual decline of the principal, we still repay the loan at the nominal interest rate of 654.38+10,000 yuan per month, which is definitely not cost-effective in the next few months.
2. Apply for parking loan at ICBC:
The individual who applied for personal parking loan has applied for a first-hand housing loan in ICBC, but the housing loan has not been paid off. The applicant bought a parking space in his own community. When handling the parking loan, the bank will evaluate the parking space and compare it with the transaction price of the purchased parking space, and give a certain amount of parking space loan according to the lower price, with the highest proportion not exceeding 70% of the lower transaction price and the parking space evaluation price, and the loan period not exceeding 10 years and less than the remaining repayment period of the housing loan.
Finally, individuals applying for parking spaces at ABC need to provide a set of houses with complete property rights as loan collateral, in addition to handling ABC and first-class housing loan business. The loan amount is determined according to the bank's evaluation price of the mortgaged house and personal credit rating. The maximum loan amount cannot exceed 60% of the mortgage real estate assessment price, and the loan period cannot exceed 65,438+00 years.