How to calculate the loan

Annual interest rate%

I. Various types of commercial loans

Within six months (inclusive) 6. 1

Six months to one year (inclusive) 6.56

One to three years (inclusive) 6.65

Three to five years (inclusive) 6.9

More than five years 7.05

Discount is determined by taking the rediscount rate as the lower limit and adding points.

Less than five years (including five years) 3.75

For example, if the loan is 1 year and the interest rate is 6.56%, then the loan interest is 1093.32 yuan for a month of 200,000 yuan.

1, loans are divided into short-term loans and medium-and long-term loans. Short-term loans are divided into six months (including six months) and six months to one year (including one year). The interest rates are 5.6% and 6% respectively.

2, the loan interest rate allowed to rise, the original rural credit cooperatives (now rural commercial banks) rose higher than other commercial banks.

Calculation:

The annual interest rate is 5.6% divided by 12 months = 4.667‰

Annual interest rate of 6% divided by 12 months =5.0 ‰

If it is within half a year, the interest for one month is:

100000 x 4.667‰= 466.67 yuan (assuming the interest rate does not rise)

If it is more than half a year, the interest within one year is:

100000 x 5.0‰= 500 yuan (assuming the interest rate does not rise).

There is no interest rate and no repayment method, so it is easy to work out the details.

If the principal is repaid at maturity, the interest rate will rise by 100% for your calculation.

The benchmark interest rate for three-year loans is 6.65%, and the increase of 100% is 13.3%.

The interest due totals 39,900 yuan.

The monthly interest is about 1 1 10 yuan.

Private lending can be paid (interest-bearing loans) or free (interest-free loans). Whether to pay (interest-bearing loans) shall be agreed by both borrowers and borrowers. The annual interest is protected by national laws within 15.4%, and it is invalid if it exceeds 15.4%.