1: monthly payment = (loan principal ÷ repayment months)+(loan principal-accumulated repaid principal) × monthly interest rate.
2. Monthly repayable principal = loan principal ÷ repayment months.
3. Monthly interest rate = daily interest rate ×30
At present, according to the daily interest of 16000 yuan, the repayment is made in advance 1000 yuan, which will be paid off on the 30th one month later. The monthly interest is 1.8% = 18 yuan, and there is no handling fee for prepayment, that is, the loan is 1, 000 yuan a month (.
Repayment in the first month: (1000 ÷12)+(1000-0) ×1.8% =1kloc-0/.
Second month repayment: (1000 ÷12)+(1000-83.33) ×1.8% = 99.83.
……
By analogy, 1000 yuan 12 months of loans add up to a total interest of about 100. If money is tight, you should pay off the short-term loan in advance.
Extended data:
At present, the daily interest rate of borrowing money is as low as 0.0 15%, which can be said to be very good. After all, as we all know, if you withdraw cash by credit card, the daily interest rate is 0.05%. If you borrow 1 10,000 yuan, it will be 5 yuan a day.
However, some netizens said:
My friend's daily interest rate is 0.02% and mine is 0.04%. Why is the difference so big?
The main reason for the difference is that the system grants the loan interest rate according to the user's actual situation, because the comprehensive evaluation of each account is different, and the evaluation dimensions include the user's spending power, comprehensive credit, repayment ability and so on. So the interest rate is different, see the page.
Reduce the loan interest rate, and my brother will introduce you to several methods:
1, improve sesame score: use Alipay more, including functions such as consumption, payment and payment, such as paying water and electricity fees; Invest and manage money in Alipay to show economic strength; Use ants to borrow flowers or flowers, repay on time, and show their repayment ability; Improve personal information, such as career information, real estate information, provident fund and so on.
2. Participate in some activities: Borrowing will issue some interest coupons or quotas to new and old users from time to time, and some activities will enjoy interest-free or interest concessions if they participate.
It should be noted that the loan interest rate borrowed from Alipay is granted according to the user's account usage, which is comprehensively evaluated by the system and cannot be adjusted manually. The specific interest rate is subject to the interface display.