If you need to repay the total amount after the installment, how to pay it back

If you apply for a loan in installments on schedule, the total amount of repayment is an early settlement operation, you can find the entrance of the corresponding business on the homepage of the app, and then find the repayment button to choose early settlement, or settle all the payments in [My] - [My Loans] - [All Loans]. Warm reminder that early repayment is subject to early settlement of liquidated damages, please check the relevant contract for details.

If you need to consult Ping An Bank's credit card business, you can click the link below to select **Customer Service Icon - Credit Card in the upper right corner of the home page, or follow Ping An Credit Card WeChat*** (paxyk95511) for consultation.

Ping An car owner loan] can get a loan if you have a car, up to 500,000.

Amortization – This means that there will be multiple repayments, and the principal and interest repaid are spread over each instalment. Installment repayment, for example, if you have a sum of money overdrawn on your credit card, and you can't pay off all of the bank, the bank will make the money installment, and stipulate how much you want to repay each installment, which is the installment repayment amount.

The current repayment amount is the minimum amount to be repaid each month after the installment is paid. Current balance refers to your current available credit, and current total repayment refers to the total amount you have due for the current bill.

Extended Materials. 1. Installment repayment.

Amortization – This means that there will be multiple repayments, and the principal and interest repaid are spread over each instalment.

2. How to repay the loan in installments.

1. Credit card installment payment refers to the process in which the bank pays the cardholder a one-time payment to the merchant for the consumption funds of the goods (or services) purchased by the cardholder when the cardholder uses the credit card to make a large purchase, and then allows the cardholder to repay the loan to the bank in installments. According to the cardholder's application, the bank will deduct the consumption funds through the cardholder's credit card account in installments, and the cardholder will repay the monthly credited amount.

2. The vast majority of domestic banks have credit card installment business, and installment payment is generally divided into shopping mall (POS) installment, "mail order installment" and bill installment through the Internet, mail, etc.

How to calculate the effective loan interest rate of an instalment loan? For example, if you have a credit card loan of 10,000 yuan and repay it in 12 installments, the handling fee for each installment is, so what is the actual interest rate?

We intuitively calculate, but the interest rate is a nominal interest rate, not the actual loan interest rate, after all, the handling fee for each installment is the same, and will not be reduced due to the reduction of the principal. In other words, the interest (handling fee) generated by repaying part of the principal in installments is much higher than the nominal interest rate. Installments of other amounts and tenors can be calculated in the same way, and the resulting value is the monthly interest rate, which can be multiplied by 12 per annum.

When the customer is unable to repay the credit card overdraft amount at once, the bank's installment repayment business is launched in order to avoid penalty interest according to the full consumption limit.

Compared with the installment business, the installment repayment is different in terms of application procedures and application scope. For example, if Xiao Li wants to use the installment business to buy a mobile phone, then he should go to a store that cooperates with credit cards. The installment repayment business does not need to specify the consumption place and consumption category, if the customer realizes that he cannot repay the full amount on time after swiping the card, he can call ** to apply.

However, it should be noted that the handling fee for instalment repayment is higher, which is generally higher than the interest rate of commercial loans in the same period.

Summary. Hello, the amount paid off by credit card installment can continue to be used. Because the credit card limit can be recycled.

For example, your instalment amount is $2,000 per instalment, and the handling fee is $120. Then when you repay 2,120 yuan, the available limit of your credit card will increase by 2,000 yuan.

Therefore, the amount of credit card installment repayment can continue to be used.

Can I still use the amount paid off in installments?

Hello, the amount paid off by credit card installment can continue to be used. Because the credit card limit can be recycled. Here's an example:

Your instalment amount is $2,000 per instalment, and the handling fee is $120. Then when you repay 2,120 yuan, the available limit of your credit card will increase by 2,000 yuan. Therefore, the amount of credit card installment repayment can continue to be used.

Hello dear, the amount of credit card installment can be recycled. However, the loan in the credit card, that is, the card loan, cannot be recycled. For example, the good loan for transportation, the e-loan for investment promotion, and the reserve fund for Ping An, these loans, after they are repaid, cannot be used again.

This point must be written off to distinguish oh dear.

Summary. I once had an experience of paying in installments when I bought a computer and chose to pay in installments, and the monthly repayment amount was calculated based on the total amount of the loan and the number of instalments. Generally speaking, the larger the total amount of the loan, the higher the monthly repayment amount, the longer the instalment period, the lower the monthly repayment amount, and the last instalment amount is the remaining minimum payment amount.

In addition, you can adjust your monthly repayment amount by adjusting the number of installments to reach your desired minimum payment. Expansion: In addition, when paying in installments, you can also calculate the monthly repayment amount through the loan interest rate provided by the lender, so that you can better control your financial situation.

I once had an experience of paying in installments when I bought a computer and chose to pay in installments, and the monthly repayment amount was calculated based on the total amount of the loan and the number of instalments. Generally speaking, the larger the total amount of the loan, the higher the monthly repayment amount, the longer the instalment period, the lower the monthly repayment amount, and the last repayment amount is the remaining minimum repayment amount. In addition, you can also adjust the monthly repayment amount by quietly adjusting the number of instalments to achieve the minimum repayment you want.

Expansion: In addition, when paying in installments, you can also calculate the monthly repayment amount through the loan interest rate provided by the lender, so that you can better control your financial situation.

Can you add, I don't quite understand it.

For your problem, we can provide the following solutions:1Based on your loan amount, the number of installments including the number of instalments, interest rate, etc., the minimum repayment amount for each instalment can be calculated. 2.

If you have enough money, you can pay off the loan in one lump sum, so you don't need to think about the remaining minimum payment; 3.If you have enough money, you can also pay off part of your loan early, which can reduce your future payments. In short, you can choose the right repayment method according to your financial situation to reduce the burden in the future.

If you have any other questions, please feel free to contact us.

1. Handling fee collection method:

ICBC and BOC charge the fee in one lump sum, while other banks split the fee in each period. There are also differences in the treatment of staging time. Some banks charge lower the handling fee rate the longer the time, such as Shanghai Pudong Development Bank, CCB and Everbright.

There is also a difference in whether the subsequent instalment fee is calculated when treating early repayment. For example, GF only charges an additional handling fee when repaying the loan early, while most banks continue to charge handling fees.

2. Handling fee standard:

Installment handling fee = installment principal * installment handling fee rate of each installment * number of installment periods.

1. ICBC: 3 installments are free of handling fee, 6 installments, 9 installments, 12 installments, 18 installments, and 24 installments are charged at one time).

2. Agricultural Bank of China: monthly (charged every month).

3. Bank of China: 15% for 3 periods, 6 periods, 9 periods, 12 periods, 18 periods, and 24 periods (one-time charge).

4. CCB: 3 installments, 6 installments and 12 installments (charged every month).

5. CITIC: 1 period, 3 periods, 6 periods, 12 periods (charged every month).

6. SPD: 3 periods, 6 periods, and 12 periods will be charged every month).

7. China Merchants Bank: 2 periods, 3 periods, 6 periods, 10 periods: , 12 periods, 18 periods, and 24 periods will be charged every month).

8. Bank of Communications: charged every month every month).

9. GF: 6 periods, 12 periods, 18 periods, and 24 periods are charged every month).

10. Everbright: Apply for installment repayment before consumption, 12 months installment, monthly collection. There are 3, 6, 9 and 12 instalments of bills, and the handling fee is % (one-time charge).

11. IB: 3 periods and periods will be charged in installments);

Is 3% annual or monthly? If it is an annual interest, 3% 12 is exchanged for a monthly interest rate of thousandths, and then the principal is 5500 12=, the first month's interest is 5500, the first month's principal and interest are total, the second month's interest is, the total principal and interest is, and so on, until after December. If it is a monthly interest, the first month's interest is 5500 3%=165, the total principal and interest is, the second month's interest, the total principal and interest, and so on, I hope it will help you, please click if you are satisfied.

For example, CCB: Standard table of bill installment handling fee rate.

Phases: 3 Phases, 6 Phases, 12 Phases, 18 Phases, 24 Phases.

Cardholder processing rate 11% 15%.

Note: Handling fee = total installment amount * handling fee rate, which will be credited and charged at one time on the first billing date after the installment.

Illustrate. Ms. Wang's bill date is the 15th of each month. After the bill was issued on August 15, the total repayment amount of the current bill was 10,000 yuan (all RMB consumption amount), Ms. Wang felt some pressure to repay the bill, so she called our bank on August 25 to apply for 6 installments of 9,000 yuan (10,000*90%) of the total repayment amount, and the application was approved.

Ms. Wang only needs to repay $1,000 (the full repayment amount of $10,000 - the amount of the bill installment is $9,000) before September 5 (the last repayment date). Before October 5 (the next repayment date), Miss Wang needs to repay 1,878 yuan (installment amount 1,500 + handling fee 9,000, and 1,500 yuan per month for the next 5 months.)

Summary. In response to this problem, we can solve it by repaying the loan in installments. The basic principle of this method is that in each instalment, the principal and interest are separated, and the principal is paid off first, and then the interest is paid off.

In this way, the amount of each instalment will be less, and the amount of the last instalment will be smaller. The specific steps are as follows: 1. First, you need to determine the number of repayment periods and the amount of repayment in each period; 2. Then, according to the amount of repayment in each period, calculate the principal and interest of each installment; 3. Then, separate the principal and interest of each installment, pay off the principal first, and then pay off the interest; 4. Finally, according to this method, the amount of each installment repayment will be less, and the amount of the last installment will be less.

The way of repayment in installments can effectively reduce the borrower's repayment pressure, so that the borrower can better control his financial situation, so as to achieve the purpose of financial planning.

In response to this problem, we can solve it by using the method of installment shouting stool to repay the loan less before and more later. The basic principle of this method is that in each instalment, the principal and interest are separated, and the principal is paid off first, and then the interest is paid off. In this way, the amount of each instalment will be less, and the amount of the last instalment will be smaller.

The specific steps are as follows: 1. First, you need to determine the number of repayment periods and the amount of repayment in each period; 2. Then, according to the amount of repayment in each period, calculate the principal and interest of each installment; 3. Then, separate the principal and interest of each installment, pay off the principal first, and then pay off the interest; 4. Finally, according to this method, the amount of each installment repayment will be less, and the amount of the last installment will be less. The method of repayment in installments can effectively reduce the borrower's repayment pressure, so that the borrower can better control his financial situation, so as to achieve the purpose of financial planning.

Can you elaborate on that a little bit more?

Less repayment before and more after more installment repayment means that in the process of installment repayment, the repayment amount of each installment gradually decreases, and the last installment repayment amount is the largest. The advantage of this repayment method is that it can relieve the borrower's financial pressure, the repayment amount of each installment is relatively small, which is easier to control, and the last repayment amount is also relatively easy to pay. However, there is also a certain risk of making less repayments before and more later, because the last instalment is larger, and if the borrower's financial situation changes, it may lead to the inability to repay on time, resulting in more expenses.

Therefore, borrowers should consider carefully when choosing the option of repaying the loan in instalments to ensure that they can afford to repay the loan on time. In addition, borrowers should also pay attention to the interest of instalment repayment when choosing the method of repayment before and after more instalments, because the interest of instalment repayment will be higher than the interest of one-time repayment, so borrowers should carefully consider to ensure that they can afford the interest cost of instalment repayment.