Do you have used Alipay's ant flower? Everyone knows that flowers need to receive a certain fee for the installment, so how can we spend 2000 yuan on the installment fee? So we must pay this morning if we spend flowers, otherwise we will have to pay a large fee.
Calculation of the service charge of 2000 yuan by stages
1. The number of installable periods and corresponding rates of Huabei are: 3 periods: 2.5% 6 periods: 4.5% 9 periods: 6.5% 12 periods: 8.8%.
2. The interest of RMB 2000 in six installments is 4.5% of the total amount: RMB 90 (i.e. 2090 / 6 = 348.3 for each installment, for six consecutive months)
Huabei is a "buy this month, return next month" credit service for tmall's Taobao users. Users with a sesame credit score of more than 600 can apply for a certain amount of "Huabei". When shopping on tmall and Taobao, they can use "Huabei payment". The repayment date is the 10th of the next month after the receipt is confirmed. During this period, they can enjoy an interest free period of about 40 days.
How to calculate the installment fee
First of all, make sure you are divided into several periods:
2.5% of the total amount of phase 3
4.5% of the total amount of six installments
6.5% of the total amount of 9 phases
8.8% of the total amount of 12 installments
Suppose 1000 yuan is to be paid in installments, 2.5% of the total amount of three installments: 25 yuan (i.e. 1025 / 3 = 341.6 for each installment, three months in a row)
4.5% of the total amount of six installments: 45 yuan (i.e. 1045 / 6 = 174.2 for each installment, 6 months in a row)
6.5% of the total amount of 9 installments: 65 yuan (i.e. 1065 / 9 = 118.3 for each installment, 9 consecutive months)
8.8% of the total amount of 12 installments: 88 yuan (i.e. 1088 / 12 = 90.6 for each installment, continuous repayment for 12 months)
2. How much should I pay for each period?
Amount to be repaid + Interest = total amount of each repayment
3. Is the rate high?
Now the banks are responding to the call to raise the service rate. Basically 0.72%. Even higher, some banks are 0.72% in 3-24 periods. There are different periods and rates. So the installment of Huabei is not a discount, it can also be said to be a little expensive.
How much is the interest of Huabei in 12 installments and how much is it paid every month
Calculation formula:
Repayable principal of each installment = total principal that can be repayable in installments & pide; number of installments
Interest of each installment = total principal amount of installable repayment & times; total installment rate & pide; number of installments
The rate of Huabei installment 12 is 8.8%. Suppose to apply for Huabei installment of 3000 yuan and repay in 12 installments. Then the monthly principal should be paid back 250 yuan (3000 & pide; 12 = 250), and the monthly interest is 22 yuan (3000 & times; 8.8% & pide; 12 = 22), that is, 272 yuan should be paid back every month, and 12 periods should be paid off, a total of 3264 yuan should be paid back.