Loan people naturally want to lower the bank's interest, but different banks and loan products have different loan interest rates. When handling loans, we should pay attention to the problem of bank loan interest. How to calculate the bank loan interest? How to calculate the bank loan interest?
(1) How to calculate the bank loan interest
（1） The interest rate conversion formula of RMB business is (Note: common for deposit and loan). 1. Daily interest rate (0 / 000) = annual interest rate (%) pide; 360 = monthly interest rate (& permil;) pide; 30. 2. Monthly interest rate (& permil;) = annual interest rate (%) pide; 12.
（2） The bank can calculate the interest by using the aggregate interest method and the one by one interest method.
The accumulated interest method calculates the interest by multiplying the accumulated number by the daily interest rate according to the daily accumulated account balance of the actual days. The interest formula is: interest = cumulative interest product & times; daily interest rate, where cumulative interest product = total daily balance.
According to the pre-determined interest calculation formula, interest = principal & times; interest rate & times; loan term, the interest is calculated one by one. There are three specific methods: if the interest period is a whole year (month), the interest calculation formula is: interest = principal & times; number of years (months) & times; annual (month) interest rate. If the interest period has whole year (month) and odd days, the interest formula is: interest = principal & times; number of years (months) & times; annual (month) interest rate + principal & times; odd days & times; daily interest rate.
(2) How to calculate the interest of bank loan for buying a house
1. Credit loans. This kind of loan is mainly used for consumption, the amount is not high, usually the interest rate will be adjusted according to the applicant's qualification, the floating range is about 10% - 30%; housing loan. We are not unfamiliar with the housing loan interest rate. Now, when buying a house, the interest rate will basically go up. If it is the first house, the interest rate will go up in the range of 10% - 20%. If it is the second house, the interest rate will go up in the range of 20% - 30%;
2. Mortgage loans. This kind of loan has a large amount and a long term, but the interest rate is not too high compared with the credit loan. Generally, the interest rate is about 1.2 times of the benchmark interest rate.
In fact, to sum up, no matter what kind of loan, there is a standard and unified calculation rule for loan interest. In fact, the amount of loan interest depends on the loan interest rate and repayment method of each lending institution.