It's very convenient for people's lives to borrow ants. We all want to know how to calculate the interest of borrowing ants. Follow the editor to learn. So if we borrow ants, we should pay it back as soon as possible.
1、 What's the interest rate?
If the loan is made on a daily basis and the term is 1-45 days, the interest is 0.05%; if the loan is made on a monthly basis and the term is 3-12 months, the interest is 0.045%.
For example: after applying for 5000 yuan in ant lending for one day, the money to be returned is as follows: 5000 + 5000 & times; 0.05% = 5002.5 yuan, and the actual interest paid is 2.5 yuan.
2、 Interest rates vary from person to person
Although the basic daily interest rate is 0.045%, in fact, many users find that the daily interest rate of many people is not the same. Some people are four thousand, some are five thousand, and some are three thousand, and there is no fixed standard for judging. However, the daily interest rate of Taobao sellers is generally between 12000 and 13000.
3、 How to reduce the interest rate?
Some netizens share that: the interest rate is 0.05% at the beginning, I borrowed 1, 000 yuan first, and then I paid it back in a few days. The system shows that the interest rate dropped to 4.5% of 0, 000; and then it dropped to 4% of 0, 000 in a period of time, during which the quota also rose once. So happy to borrow small editor's advice: everyone's borrow after opening must use, borrow and return cycle several times may get high quota low interest rate. In addition, borrowing money frequently to maintain "connection" makes Alipay feel that you are a trusted old customer, which is also conducive to lowering interest rates.
4、 How to calculate the interest?
The calculation formula is:
1: Monthly payment = (loan principal & divide; repayment months) + (loan principal - accumulated amount of returned principal) & times; monthly interest rate.
2: Monthly principal to be repaid = number of repayment months of loan principal & divide.
3: Monthly interest rate = daily interest rate & times; 30.
For instance
For example, if you borrow 5000 yuan, the daily interest rate is 0.04%, and the number of repayment months is 10 months.
First, calculate the monthly interest rate as 0.04% & times; 30 = 1.2%
Monthly principal payable = 5000 & divide; 10 = 500
First month supply = (5000 & divide; 10) + (5000-0) & times; 1.2% = 560
Monthly contribution in the second month = (5000 & divide; 10) + (5000-500) & times; 1.2% = 554
Monthly contribution in the third month = (5000 & divide; 10) + (5000-500 & times; 2) & times; 1.2% = 548
And so on, the interest paid each month is decreasing
Add up the ten month contribution to get the final payment.
560+554+542+536+530+524+518+512+506=5330
A total of 5330 yuan was paid. The interest is 330 yuan.