1. How to calculate the interest on a CCB credit card loan to buy a car
It is divided into different periods. The shorter the period, the lower the handling fee, and the longer the period, the higher the handling fee. The down payment requires your own cash, which is usually 30% of the car price, but you also need to calculate the purchase tax and vehicle insurance for your road trip, so generally preparing 50% of the car price is enough for you to drive the car, that is The car costs 100,000 yuan, so you need to prepare 50,000 yuan to use it, 30,000 yuan for the initial purchase, about 6,000 yuan for insurance, and the rest can be used to decorate the car.
2. What is the interest rate for car purchase installment with China Merchants Bank credit card?
Hello, if you are applying for bill installment, the handling fee for each bill installment = total installment amount × procedure for each installment Fee rate, the minimum handling fee for each period is 5 yuan, 0.9% for 3 periods, 0.75% for 6 periods, 0.70% for 10 periods, 0.66% for 12 periods, 0.68% for 18 periods, 24 periods 0.68%. After the bill installment application is successful, the current bill only needs to repay the amount other than the bill installment. The principal amount payable in the first installment (principal payable in each installment = total installment principal ÷ number of installments) and handling fees will be reflected in the next month's bill. . If you have any questions about other China Merchants Bank credit cards, please search "4008205555" in QQ business friends and add "China Merchants Bank Credit Card Center" as a friend; or search the number "cmb4008205555" in WeChat to follow "China Merchants Bank Credit Card Center" for consultation. Thank you for your interest in China Merchants Bank The bank’s attention and support!
3. What is the interest rate on the Agricultural Bank of China car owner loan?
The charges for Agricultural Bank of China’s Chedaibao mainly include a guarantee fee of 1% of the installment amount (mortgage loan), a processing fee of 1,000 yuan and interest on the installment amount (mortgage loan). For example, if you take a loan of 100,000 yuan, you only need to pay various fees of 2,000 yuan, which is nearly 2,000-4,000 yuan less than a mortgage loan through traditional channels. At the same time, Agricultural Bank of China's Chedaibao also has certain advantages in terms of interest rates. The current three-year market rate for traditional car loans is about 10%, while the interest rate of Agricultural Bank of China's Chedaibao is only 9.27%, and the converted monthly interest rate is only 2.57%. For example, if you apply for a credit card car installment (mortgage loan) of 100,000 yuan, the customer only needs to repay the principal of 2,778 yuan and the interest of 258 yuan every month. Agricultural Bank of China Auto Loan is not only low in cost, but also takes only 3 working days to process. It also has the advantages of no restrictions on car models and dealers, simple procedures, and high credit limits.