1. How much is the interest on car loans?
nowadays, when many people buy a car, they will choose loans, which can reduce the economic pressure of consumers, and the interest rate of car loans is a topic of concern to most consumers. So what are the interest rates of car loans of major banks?
There are three main loan forms of auto loans, such as car purchase by installment with credit card, car consumption loan with bank and auto financing company loan. The interest of these three loan forms is different:
1. Car purchase by installment with credit card: banks only charge installment fees without interest. However, the credit card installment fees of different banks are different, so the specific interest should be determined according to the credit card installment amount, installment number and installment interest rate.
2. auto financing company loans: auto financing company loans sometimes have interest-free activities, but 4S stores will charge some service fees. If interest is charged, the interest rate is about 8%-12%, which means that the loan is 1, yuan, and the annual interest is about 8,-12, yuan.
3. Bank car loan: All banks have car loan services, and the loan interest rate is generally between 3.5% and 12%, which means that the loan is 1, yuan, and the annual interest is about 3,5-12, yuan.
what are the car loan interest rates of major banks?
ICBC: within 6 months (including 6 months) 5.6%; 6% from 6 months to 1 year (including 1 year); 1~3 years (including 3 years) 6.15%; 3~5 years (including 5 years) 6.4%; More than 5 years, 6.55%.
agricultural bank: 1~3 years (including 3 years) 5.31%; 3~5 years (including 5 years) 5.4%.
Bank of China: 3.5% for one year; 7% for 2 years; Three years, 11%.
China Construction Bank: 4% for one year; 8% for 2 years; Three years, 12%.
China merchants bank: 5.1% for one year (optional loan for 6 months); 1~3 years (including 3 years) 5.5%; 3~5 years (including 5 years) 5.5%; More than 5 years, 5.65%.
ping an bank: 4.35% for one year; 1~5 years (including 5 years) 4.75%; More than 5 years, 4.9%.
according to the regulations of the central bank, the benchmark interest rate for auto loans is implemented, but financial institutions can fluctuate within a certain range. So what is the car loan interest rate? You can refer to the above.
as mentioned above, the car loan interest rates of major banks and the loan interest rates of major banks change according to the time you borrow, so you can choose according to your own situation.
second, what is the interest rate of bank car loan
one to three years (including three years) 5.4
three to five years (including five years) 5.76
more than five years 5.94
Generally, the maximum loan for car loans is five years
Third, what is the interest rate of bank car loans
The interest of bank car loans will be loaned at the benchmark of the central bank. Suppose Xiaoxi applied for a bank car loan of 15, yuan, with a term of 3 years and an annual interest rate of 5.4%, and chose to repay the principal with an equal amount, with an interest of 12,487.5 yuan; Matching principal and interest repayment, with interest of 12,814.42 yuan.
4. What's the interest on the auto bank loan? If the loan is 15, yuan, it will be repaid in three years. How much is the annual interest?
equal principal and interest method: loan principal: 15, yuan, assuming annual interest rate: 4.75%, loan life: 3 years; monthly repayment of principal and interest: 4,478.82 yuan, total repayment with principal and interest: 161,237.52 yuan, and * * repayable interest: 11,237.52 yuan. The interest paid in the first month is: 593.75; The principal repayment in the first month is: 3885.7; Since then, the monthly interest repayment amount has decreased and the principal has increased. (without considering the adjustment of interest rate halfway)