The loan interest rate stipulated by the state:
1. Within one year (including one year), the interest rate is 4.35%.
2. For one year to five years (including five years), the interest rate is 4.75%.
3. For more than five years, the interest rate is 4.90%.
Interest rate range stipulated by the state: the annual interest rate agreed by both borrowers and lenders is less than 24%, which is protected by law. The annual interest rate agreed between the borrower and the borrower exceeds 24% and does not exceed 36%, which is not protected by law and belongs to natural debt. The annual interest rate agreed between the borrower and the borrower exceeds 36%, which is not protected by law, and the excess interest is invalid.
What is the annual interest rate of bank loans?
The annual interest rate of a bank is the annual interest rate. The calculation formula of one-year term is the sum of principal and interest = principal (1 interest rate).
If the principal is 20000 and the annual interest rate of the bank is 2.0%, the sum of principal and interest =20000( 12%)=20400.
That is interest = 200,000.02 = 400.
Principal and interest = principal interest =20000400=20400
1. interest rate
(Chinese name: interestrate setting unit: central bank, also known as interest rate mbth: interest rate)
Interest rate refers to the ratio of interest amount to loan amount (principal) in a certain period. Interest rate refers to the ratio of the interest amount due in each period to the par value of the borrowed, deposited or borrowed amount (called the total principal). The total interest of the lent or borrowed amount depends on the total principal, interest rate, compound interest frequency and the length of time of lending, deposit or borrowing. Interest rate is a kind of cost that borrowers need to pay for borrowed funds, and it is also the return that lenders get by delaying their own consumption and lending to borrowers. The interest rate is usually calculated as a percentage of one-year interest and principal.
2. Bank interest rate, also known as interest rate, indicates the ratio of interest to principal in a certain period. In most cases, it is expressed as a percentage. Formula: interest rate = interest/principal 100%.
3. Monthly interest rate: interest calculated on a monthly basis. Annual interest rate: the interest calculated on an annual basis.
4. Annual interest rate and its calculation formula: monthly interest rate = annual interest rate/12, annual interest rate = monthly interest rate 1. For example, the annual interest rate is 7.05%, which translates into a monthly interest rate of 7.05%/ 12=5.875%.
5. Failure to repay the bank in time will lead to overdue repayment, bad credit and the formation of black households:
(1) In the national credit information system, there is bad credit and relevant records are left.
(2) The customer needs to bear a high penalty interest.
(3) It is easy to cause legal problems.
Therefore, when the loan to the bank cannot be repaid in time, it must be made up in time and part of the penalty interest paid. Otherwise, bad credit records cannot be cleared. If blacklisted, it will have a serious impact. The blacklist of banks has a bad influence on many things, such as buying a house loan, buying a ticket and running a business.
How to calculate the annual loan interest rate?
Interest rate = interest/principal/time × 100%
For example: deposit 100 yuan,
The bank promised to pay an annual interest rate of 4.2%
Then the bank will pay 4.2 yuan interest next year.
The calculation formula is 100×4.2%=4.2 yuan.
The formula is: interest rate = interest ÷ principal ÷ time × 100%.
Interest = principal × interest rate× time
= 100×4.2%=4.2 yuan.
Final withdrawal 1004.2= 104.2 yuan.
Extended data:
Influencing factors of annual interest rate:
1, central bank policy
Generally speaking, when the central bank expands the money supply, the total supply in loanable funds will increase, the supply exceeds demand, and the natural interest rate will decrease accordingly; On the contrary, the central bank implements a tight monetary policy, reducing the money supply, so that loanable funds's demand exceeds supply, and interest rates will rise accordingly.
2. Price level
Market interest rate is the sum of real interest rate and inflation rate. When the price level rises, the market interest rate also rises accordingly, otherwise the real interest rate may be negative. At the same time, due to rising prices, the public's willingness to deposit will decrease, while the loan demand of industrial and commercial enterprises will increase. The imbalance between deposit and loan caused by loan demand exceeding loan supply will inevitably lead to an increase in interest rates.
3. Stock and bond markets
If the securities market is on the rise, the market interest rate will rise; On the contrary, interest rates are relatively low.
4. International economic situation
Changes in a country's economic parameters, especially changes in exchange rates and interest rates, will also affect interest rate fluctuations in other countries. Naturally, the rise and fall of the international securities market will also bring risks to the interest rates faced by international banking business.