For a car of about 100,000 yuan, how much interest will be paid for a car loan?

Hello! In fact, there are many different ways to borrow for car loans, such as car mortgages, and now there are credit car loans, credit card installment car loans, real estate mortgage car loans, etc. The procedures, processing process, and interest rate of different loan methods will be different, and there are many differences, so you should make more comparisons so that you can choose the most suitable loan for you to be more affordable.

Generally, you can apply for a credit car loan when the value does not exceed 10w.

In the case of a car mortgage, the down payment is generally 3 percent, and the loan is 7 percent.

If you have a real estate mortgage, you have a house with full property rights and can mortgage the loan to buy a car, and the price of the car is generally higher.

In the case of credit card installments, there are generally more restrictions.

It is most cost-effective to choose the most suitable way to apply for a car loan, and the chances of success are also high! And it's better to compare them with other banks, otherwise the chances of success in staring at one institution are lower.

Submit a loan application for free in 1 minute, and recommend multiple banks for one application.

I have a loan of 80,000 yuan to buy a car, how much is the interest for a year?

Generally, the appraisal price of the loan is about 5-8 percent, that is, about 5-80,000 yuan.

The down payment for a car loan is 20% of the sale of the vehicle**, and will vary for different vehicles and different years. Generally, customers can apply for installment payment according to the three-year term loan. All scientific and technological personnel, civil servants, teachers, physicians, legal representatives of enterprises, managers of large enterprises and workers of the financial system can apply for loans with a term of 1 to 5 years, depending on the vehicle type of their choice.

Car mortgage considerations.

Generally speaking, when applying for a loan from a lending institution, you need to bring the following documents: personal ID card, marriage certificate, employment certificate, income certificate and other necessary supporting materials. It is advisable to double-check these documents before going out.

So as not to waste time and energy by running back and forth because you are left behind.

Before signing a formal car loan contract, the borrower must carefully review every clause in the loan contract. Since the vast majority of lending institutions now provide printed form contracts, their credit managers will not introduce them in detail when introducing the loan, but will only pick out the key points, which may deliberately ignore some clauses, so the applicant must study them one by one, and do not regret it after formally signing it.

Yuan.

At present, the down payment amount for a loan to buy a car is generally 30% of the total quota, and the down payment amount for a car priced at 100,000 yuan requires 10,000 yuan. The monthly repayment amount needs to be determined according to the loan term.

Installment advantages.

Long payment terms and plenty of options.

Some time ago, merchants launched installment car sales activities, which generally require the balance to be paid within two years. Some merchants have extended the payment term to 40 months, and the monthly payment amount has been greatly reduced, and the monthly payment is only a few hundred yuan, which is more attractive to consumers.

Generally, according to the annual limit of your mortgage, usually 1 to 3 years;

Take an automatic transmission car with a market price of 110,000 yuan as an example. According to the calculation of ordinary loans: 40% down payment, loan of 10,000 yuan, paid off in two years, the total interest for two years is about 5,500 yuan, and the total monthly repayment is about 2,937 yuan.

If you repay the loan in installments with a credit card: 40% down payment, and the remaining 10,000 yuan of car payment will be paid off in two years. There is no interest to be paid for credit card repayment, but the handling fee for the loan amount is about 4,225 yuan, and the monthly repayment is about 2,884 yuan.

According to this calculation, using a credit card to repay a car loan is 53 yuan less per month than an ordinary loan, saving a total of 1,272 yuan in two years.

1.The monthly repayment principal and interest amount is: yuan, the total repayment amount is: yuan, and the total interest payable: yuan.

2.If the car loan of 100,000 yuan is repaid in 3 years, it is calculated according to the loan interest rate of 1-3 years (including 3 years) announced by the People's Bank of China, then the interest of the ordinary loan for 3 years is = 100,000 * yuan.

Under normal circumstances, the user will make monthly payments after applying for a car loan.

It's principal + interest. The interest rate of the car loan will vary depending on the loan tenure applied. According to the Bank of China's car loan interest rate, the 1-year car loan is 5 years and above.

Suppose the user applies for a 100,000 car loan and repays it in 12 months. Then the principal that needs to be returned every month is about 8,333 yuan. According to the interest rate, the interest that needs to be repaid every month is about 320 yuan.

Then the user's monthly payment is principal + interest, which is 8,653 yuan.

Further information: A car loan is a loan granted by a lender to a borrower who applies to purchase a car. An auto consumer loan is a RMB guaranteed loan issued by a bank to a car buyer who purchases a car at its authorized dealership.

A new way to borrow.

Auto consumer loan interest rates.

It 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 car for self-use (a family car or a commercial car with less than 7 seats (inclusive) that is not for the purpose of profit-making services). The higher the interest rate, the greater the amount of repayment the consumer will have.

Car loan channels. 1.Auto Finance Companies:

The biggest advantage is convenience and low barrier to entry, and companies are generally invested and created by automotive companies. Its "convenience" is not only reflected in the fact that you can apply directly through the 4S store, but also that it has no requirements for hard conditions such as household registration and real estate.

2.Credit card installment car purchase: The most significant advantage is the loan interest rate, which is half the lower than the traditional bank car loan interest rate. Common credit cards can be applied for, and the models are also cross-brand, with a wide range of choices. The premise is that a higher credit limit is required to enjoy it.

3.Banks have been under pressure from the tightening of credit scale, and consumer loans such as car loans have shrunk significantly, and the loan doors of some low-end cars have been temporarily closed. The biggest advantage is that there is a wide range of choices, and car buyers can go directly to the bank to apply for personal car consumer loans after fancy the model.

However, the procedures for the qualification review of borrowers are very complicated, and it is generally necessary to provide real estate (such as real estate) as collateral, and some banks can use the car itself as collateral for high-end customers or high-end models, but compared with other car loan methods, the approval time period is very long.

In terms of loan interest rate, the interest rate of auto mortgage loans is generally based on the bank's benchmark loan interest rate for the same period.

Up to about 10%. Most car loan businesses require a guarantor company.

To guarantee or purchase car guarantee insurance, the car buyer will also be responsible for up to 3% of the guarantee fee. All the fees combined, the comprehensive cost of a bank car loan is the highest among the three methods.

The car loan is 100,000 yuan for three years, and the interest rate is. The interest rate varies depending on the repayment method.

1. If it is an equal amount of principal and interest repayment, the monthly repayment is about 7,500 yuan.

2. If the principal is repaid in equal amounts, the first month of repayment will be reduced by 11 yuan per month, and the interest will be 7,300 yuan.

3. If the principal and interest are repaid in a lump sum for three years, the interest is 14,250 yuan.

Calculation: 100,000 yuan.

The interest rate of 100,000 yuan for three years should be more than 20,000 yuan.

The car loan is 100,000 yuan and is repaid monthly for three years.

1. Based on the loan interest rate of 1-3 years (including 3 years) announced by the People's Bank of China, the interest rate of ordinary loans for 3 years is = 100,000 * yuan.

The annual interest of 36 installments is repaid by CCB in equal principal and interest: the loan principal is 100,000, assuming that the annual interest rate is, and the loan term is 3 years. The monthly repayment amount of principal and interest is:

yuan, the total repayment amount is: yuan, the total interest payable: yuan, and the interest repayment in the first month is:

Yuan. Extended Resources:

1. Conditions for applying for a car loan.

1) The car buyer must be at least 18 years old and a Chinese citizen with full capacity for civil conduct.

2) Car buyers must have a relatively stable occupation and a relatively stable economic income or have assets that are easy to realize, so as to repay the principal and interest of the loan on time. The assets that are easy to realise here generally refer to valuable** and gold and silver products.

3) During the loan application period, the car buyer deposits less than the down payment stipulated by the bank in the account of the bank savings counter.

4) Provide the bank with a guarantee recognized by the bank. If the buyer's personal account is not local, a joint and several liability guarantee should also be provided, and the bank will not accept the mortgage set by the buyer to purchase the vehicle with a loan.

5) The car buyer is willing to accept other conditions that the bank deems necessary.

Choose to buy a car through a bank loan, the loan interest rate is moderate, and there are many types of cars to choose from. However, in fact, it takes more time and energy to apply for a loan, and in order to control risks, banks usually take a long time to review and need to submit a lot of information from applicants. If you want to apply and are not afraid of trouble, a bank loan is a good choice;

As we all know, there is no interest fee for credit card installments, which is also the biggest benefit of buying a car through credit card installments. At the same time, credit card installment is convenient and fast, and one ** can also be done. Sometimes, when banks and car dealerships cooperate, they can also enjoy certain discounts.

2. Information to be provided for car loans.

1. Personal loan application;

2. Valid identity certificate of the applicant and his/her spouse;

3. Proof of occupation, position and income of the applicant and his/her spouse;

4. Marriage certificate (unmarried certificate is required, except for those who have not reached the legal age of marriage) and household register;

5. Original ID card, household registration booklet or other valid residence certificate, and provide a copy thereof;

6. Car purchase agreement, contract or letter of intent signed with the dealer;

7. Proof of deposited or paid down payment;

8. Supporting documents or materials required for guarantee;

9. Other documents and materials required by the cooperative institution.

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According to the one-year loan, you need to repay 4,167 yuan per month, according to the two-year term loan, the monthly payment needs to be repaid 2,084 yuan, according to the three-year term loan, the monthly payment needs to be repaid 1,389 yuan, and the interest must be paid according to the proportion of the annual interest rate, and the loan can be interest-free, so you don't need to calculate.

A down payment of 30% is more appropriate, because when buying a vehicle, you not only have to pay a down payment, but also pay vehicle purchase tax, license fee, compulsory traffic insurance, commercial insurance, etc. Through calculation, a down payment of 30% for a vehicle of about 100,000 yuan will probably require 10,000 yuan.

About buying a car: 1. Down payment.

We calculate the down payment based on the price of the naked car of 100,000 yuan, and the down payment is 30,000 yuan, and if it is installmented for three years, it will cost about 2,106 yuan per month.

2. Handling Fee.

The second is the handling fee, although many car manufacturers have launched a loan interest-free policy, but 4S stores generally charge a loan handling fee, the fee is 2000 yuan.

3. Purchase tax.

Third, the purchase tax, now the preferential policy for small displacement has been canceled, so the purchase tax of 100,000 cars is 8,547 yuan.

Buy a car. 4. Insurance premiums and licenses.

The last thing to say is the insurance loan, generally 4S shop will force you to buy full insurance, here we only according to the compulsory traffic insurance, car damage insurance, third-party liability insurance 1 million and not counting deductible insurance to calculate, calculated, the insurance cost needs 5332 yuan, and finally the license fee we calculate 130 yuan according to their own work at the vehicle management office, if you let the 4S shop help you work, at least 500 yuan. Calculated in this way, the new car on the road ** is the down payment plus handling fee plus purchase tax plus insurance premium plus premium, that is, 30,000 plus 2000 + 8547 + 5332 plus 130, which is 46009 yuan! This is calculated according to the minimum, so the money you need to prepare in advance before buying a car is 46,000 yuan.

There are many models of cars to pick up when the detective buys a car.