1. How to calculate car loan interest

Car loan interest = loan amount, loan interest rate, loan time. The specific interest is calculated based on these three parameters. 1. For bank car mortgage loans, the largest loan cost is loan interest. 2. Different banks and different loan interest rates are different. The base interest rate for 3-year loans is 6.15%. The actual loan interest rate is usually higher than the base interest rate. 3. Most of them float 30% or 40% above the base rate. Whether a mortgage has other fees besides interest on the loan depends on the circumstances of the payment. : 1. Car loan refers to a loan issued by a lender to a borrower who applies to purchase a car. Automobile consumer loans are a new type of loan method that banks issue RMB-guaranteed loans to car buyers who purchase cars at authorized dealers. The interest rate of automobile consumer loans refers to the ratio of the loan amount to the principal amount issued by the bank to the consumer, that is, the borrower, for the purchase of a self-use car (non-profit family car or commercial vehicle). More than 7 seats (included). The higher the interest rate, the larger the consumer's repayments. 2. Personal loan car purchase business is divided into direct customer loans, inter-customer loans and credit car loans. The direct customer type is generally a bank car loan where the customer meets directly for the loan, while the inter-customer type is generally a car finance company's car loan that is transferred from the car finance company to the customer. For direct customer bank car loans, the fee items charged include deposits, principal and interest, 3% guarantee fee, etc. The fees for high-quality bank customers will be discounted, but each bank's preferential policies are different. In addition to paying the above fees, cross-client auto finance companies also need to bear regulatory fees, fleet management fees and warranty renewal deposits. There are also credit card car loans. Credit card installment car loans only provide installment payments to bank credit card users without providing any conditions. There is also an audit process, which is difficult for credit card users with poor credit histories. 3. The specific steps for credit card installment purchase are as follows: 1. The cardholder (or applicant) calls the bank's credit card center or goes to the local bank to find out whether a credit car loan can be applied for. 2. The cardholder goes to the dealer with his or her ID card to fill out the car purchase installment payment form and submits it to the bank's backend for review. 3. After the order is approved, the cardholder pays the deposit and goes through the normal car purchase procedures. 4. After the vehicle license plate is installed, the cardholder needs to go to the bank to handle the mortgage procedures and purchase the required vehicle insurance. 5. You can drive away your car smoothly.

2. How to calculate car loan interest?

1. The original car price is about 90,000, and the down payment is 30%. That is, the down payment for the car body is 27,000, and the loan is 63,000. However, this is only the down payment for the car body. The real payment is not just 27,000, but also various other payments.

2. The approximate cost of purchasing a car = car purchase price (117%) × purchase tax rate (10%) = about 7,700. The basic loan to buy a car in the first year of insurance is about 6,000. Then check whether to entrust the store to go to the store for all procedures such as registration. The one-stop fee is about 1,500, plus the loan handling fee of about 2,000. Therefore, with a down payment of 30%, the total down payment is about 27000770050020006000=43700;

3. The interest rate is 9 points. The interest for one year is 630000.09=5670. In this way, the interest for three years is 56703=17010 yuan;

4. The total landing price of the whole vehicle is 437006300017010=120800 yuan. .

3. How to calculate car loan interest?

The interest rate of a normal car loan is usually between 0.5% and 0.9% per month, which means the monthly interest rate is between 5 and 9 miles. Interest is usually calculated based on the number of installment months, and the total interest over this period is calculated. The interest formula for calculating equal amounts of principal and interest is: monthly principal and interest payment amount = [principal x monthly interest rate x (1-month interest rate) number of loan months] / [(1-month interest rate) number of repayment months - 1] monthly interest = Remaining principal x loan monthly interest rate. The formula for calculating interest on equal amounts of principal is: monthly principal and interest payment amount = (principal/number of repayment months) (principal - accumulated principal repaid) × monthly interest rate monthly principal = total principal/repayment Number of months Monthly interest = (principal - accumulated principal repaid) × monthly interest rate Total interest repayment = (number of repayment months 1) loan amount monthly interest rate / 2.

Extended information: Things to note when handling car loans: 1. Learn more about car loan handling fees to avoid being overcharged by dealers. The main reason is that when consumers apply for car loans, dealers will deliberately charge more money. 2. Pay attention to the loan contract regulations.

Some dealers will not apply for loans according to the agreed standards. 3. Ask the dealer in advance to avoid forced consumption. When buying a car with a loan, the dealer will compulsorily require the consumer to apply for insurance with a designated insurance company. 4. Check the signature in the contract carefully to avoid being forged by the dealer. The dealer forged the consumer's signature on the contract and changed the total price and monthly repayment amount of the car without authorization.

4. What if I buy a car? If I buy it with a loan? How is the interest calculated?

The loan officer will give you different plans and various algorithms