Current location - Trademark Inquiry Complete Network - Overdue credit card - Traffic credit card 6,800 yuan 6-month installment interest rate
Traffic credit card 6,800 yuan 6-month installment interest rate
The handling fee rate of Bank of Communications for each period is 0.72%.

Handling fee for each period =6800*0.72%=48.96 yuan.

The principal payable in each installment =6800/6= 1 133.33 yuan.

Repayment amount per installment = handling fee per installment+principal payable per installment = 48.96+1133.33 =1182.29 yuan.

Total handling fee = handling fee per period *6=6800*0.72%*6=293.76 yuan.