Because I don’t know which bank your credit card is from, I can only make a rough calculation. The monthly principal repayment is approximately 583.33 yuan, and the extra repayment fee is between 250.6-588 yuan. The specific It depends on the processing fee of the bank where your credit card is located. The detailed calculation is as follows:

If the ICBC credit card consumption installment rate is 3.58 for 12 installments, the handling fee = 7000*3.58=250.6 yuan. When making the first installment, the handling fee will be paid in one lump sum. The principal payable per period = 7000/12 = 583.33 yuan

If it is a credit card from another bank

If the installment rate for 12 installments is 0.6, the handling fee per period = 7000*0.6=42 yuan. If the handling fee is paid in one lump sum during the down payment, the total handling fee = 42*12=504 yuan.

If the rate for each installment of 12 installments is 0.7, the handling fee for each installment = 7000*0.7=49 yuan. If the handling fee is paid in one lump sum during the first installment, the total handling fee = 49*12=588 yuan.

I hope the following information will be helpful to you:

The word "procedure" is interpreted as "the procedure for doing things", such as "loan procedures" and "transfer procedures" Securities trading procedures” and so on. Therefore, the "handling fee" should be interpreted as follows: it is a kind of labor compensation received for handling related matters on behalf of others; or for the client, it is a corresponding remuneration paid for others to handle related matters on their behalf. Such as: securities transaction fees, air ticket agency fees, withholding and payment fees, treasury bond agency fees, etc. From a tax perspective, the various agency fees collected by operators should be regarded as taxable income and paid business tax; the income after deducting relevant expenses must also pay corporate income tax. Another situation is when the tax department performs tax withholding and payment tasks. The withholding and payment fees obtained are tax-free income and do not need to pay business tax and other taxes.

The United States is the country with the most popular bank cards. At the beginning of the development of its bank card industry, the handling fee was as high as 7, but it took ten years to drop to 5. At present, the average handling fee for merchants accepting Visa and MasterCard bank cards is still around 2. Express cards are around 3. Currently, Canadian handling fee levels are basically the same as those in the United States. In Australia, the current average processing fee for Visa and MasterCard is about 1.3. In European countries, most bank card fees are around 1.5 to 2. Our Asian neighbors, South Korea and Japan, have average bank card handling fees of more than 3. In Southeast Asia, Singapore, Taiwan, Hong Kong and other countries and regions also have average handling fees exceeding 2. When it started a few years ago, China's bank card handling fee was still around 3, but now it has basically dropped to around 1. The highest handling fee for hotel merchants is only 2-3, and many places in public hospitals and schools have adopted the practice of temporarily not charging handling fees. Therefore, if we look at the development level of handling fees, it is a bit embarrassing to say that it is at a "developed level", but it is an indisputable fact that it is far lower than abroad.

However, it should be pointed out that the handling fees for accepting foreign bank cards in China are not low. The discount rates for foreign VISA and MasterCard bank cards accepted in China are generally around 2. The discount rate for American Express cards accepted domestically is even higher, about 3.