The rate of the third installment is 0.7%, and the rate of the sixth installment, 10 installment, 12 installment, 18 installment and 24 installment is 0.6%. ?

The above is the benchmark reference price, and CCB has the right to fluctuate according to market conditions and customer qualifications, which shall be subject to the notice given by the customer when applying.

The installment repayment amount is principal * interest rate+principal/number of installments.

Reference description of piecewise calculation

Mr. Wang's bill date is 17. He bought a household appliance in 600 yuan on June 8th, 2006. On the third day after swiping the card (June 10, 1 1), I called CCB to apply for installment. The series is 12.

The installment fee rate of 12 chosen by Mr. Wang is 0.60%, so the monthly repayment amount is 3600 × 0.60%+3600 ÷12 = 21.6+300 = 321.6 yuan, which is Mr. Wang's monthly repayment.

Extended data:

Credit card installment interest-free ≠ free of charge.

Credit card installment repayment is interest-free, which is the usual publicity of banks. However, once you apply for credit card installment repayment, you will find that there is a handling fee. Warm reminder: credit card installment repayment is interest-free and fee-free. If converted into actual annual interest rate, the fee is still very high.

The actual annual interest rate of credit card installment is not a simple monthly interest rate * 12, but there is a time value in it. The following is the method to calculate the actual annual interest rate of credit card installment:

Take the Bank of China as an example. Your bill is 12000 yuan, which will be paid in 12 installments. If the monthly interest rate is 0.6%, the monthly payment is10000+12000 * 0.6% =1072 yuan.

In excel, enter 1 2000 yuan in line13,-1072 yuan in line 2- 13, and then enter the formula = IRR (a1:a/4). The actual calculation is 13%.

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He Xun. Com- analysis of credit card installment: teach you how high the actual interest rate is.