What is the total interest of borrowing 7,800 yuan in 12 installments and repaying 9,000 yuan?

Borrow 7,800 yuan, divide it into 12 installments, that is, a one-year term, and repay a total of 9,000 yuan, then the interest is 1,200 yuan. Annual interest rate.

Be. Loan interest rate, loan interest.

Interest rate refers to the ratio of the amount of interest to the amount of borrowed funds (principal) over a certain period of time. Interest rate is the main factor that determines the cost of capital of enterprises, and it is also the decisive factor for enterprise financing and investment.

The interest rate is the ratio of the amount of interest due in each period in the amount borrowed, deposited, or borrowed (known as the total principal) to the par value. The total interest on the amount lent or borrowed depends on the total principal, the interest rate, the frequency of compounding, and the length of time the loan, deposit, or borrow. The interest rate is the price that the borrower has to pay for the money borrowed from the borrower, and it is also the return that the lender receives for delaying its consumption and lending it to the borrower.

The interest rate is usually calculated as a percentage of the interest to the principal amount for a one-year term. In terms of expression, interest rate refers to the ratio of the amount of interest to the total amount of borrowed capital over a certain period of time. The interest rate is the level of interest on a unit of currency in a unit of time, indicating how much interest it is.

The loan interest rate is the ratio of the amount of interest to the principal amount during the term of the loan. The interest rate of a loan contract with a bank or other financial institution as the lender is determined, and the parties can only negotiate within the upper and lower limits of the interest rate stipulated by the Bank of China. Then bank loans.

What is the best way to repay the loan? Here I will introduce you to some knowledge of loans.

1. Equal repayment of principal and interest.

This is currently the mainstream repayment method. In this way, the amount of principal and interest will be different if the amount of principal and interest is repaid every month, and the amount of principal repayment in the previous period is greater than the amount of interest; The amount of interest repayment in the later period is greater than the principal amount. This repayment method is suitable for loan applicants with stable income, and it is more convenient to arrange income and expenditure; Its disadvantage is that the amount of interest repaid is relatively large, the interest will not decrease with the decrease of the principal, and the total interest on repayment is higher.

2. Equal principal repayment: In this way, the loan applicant repays the same principal every month, and the interest will decrease with the decrease of the principal amount each month. The principal and interest paid upfront are more, but the total amount of interest to be paid is relatively small, and the repayment burden decreases month by month.

This repayment method is suitable for loan applicants who have sufficient funds on hand after the loan, and the ability to repay in the early stage is high.

3. One-time repayment of principal and interest: If the term of the loan is less than one year (including one year), the principal and interest shall be repaid in a lump sum at maturity, and the principal shall be repaid with interest. This repayment method is generally only available for small short-term loans. The applicability is not strong.

4. Repayment of interest and principal on time: In this way, the loan applicant independently decides to repay the loan at monthly or quarterly or annual intervals. To put it simply, the loan applicant will make up the money to be repaid every month according to different financial situations.

This repayment method is suitable for people with unstable incomes.

If the bank handles the loan, it is necessary to pay attention to the following methods, and choose the repayment method that suits you, and the funds for repayment are different each month, so you can choose according to your actual situation. The above is an introduction to how much is the interest rate of bank loans and how to repay bank loans, so you have a better understanding of loan repayment.

In the process of borrowing money, we all need to pay a certain remuneration for the funds we use, that is, the interest on the loan. On the premise of safety, we naturally want the interest to be as small as possible, but there are also some borrowers who fall into the trap of financial fraud just for the sake of "low interest rates". So how can you find a reliable and reliable borrowing platform with low interest rates?

First of all, we need to choose some regular big brands, and the loan products of regular brands will be more reliable and formal;

Secondly, in the regular brand, we need to compare the loan interest rate and interest fee of each company. Among them, Du Xiaoman Finance's money is easy to apply, fast to lend, flexible to borrow and repay, and users can take the initiative to apply. Du Xiaoman Finance has transparent interest fees for money spent, and big brands are reliable and have low interest rates, with a maximum borrowing amount of 200,000 yuan.

In addition to individual consumers, small and micro business owners who need start-up or working capital can also consider Du Xiaoman Financial Money, which is committed to providing accurate, convenient and efficient financial services for small and micro business owners.

This is provided by Kangbo Finance, which focuses on the interpretation of financial hot events, the popularization of financial knowledge, adheres to professionalism, pursues fun, makes financial content that people can understand, and conveys financial value in a vivid and diverse way. Hope this helps.

Borrow 8000 to repay 9600 points for 12 installments The interest is not high, because borrowing 8000 to repay 9600 for 12 installments, the interest is 9600-8000 = 1600, 1600 8000 * 100 = 20%, in line with national requirements, not high, Article 680 of China's Civil Code: usury lending is prohibited, and the interest rate of the loan shall not be higher than 25% in violation of relevant national regulations. If there is no agreement on the payment of interest in the loan contract, it is deemed to have no interest, so the interest on borrowing 8,000 and repaying 9,600 installments in 12 installments is not high.

2000 8000 100% = 25% That is, 25 yuan per 100 yuan = 250 jiao = 2500 points, 8000 thousand a year interest is 2,000, and the annual interest is 25%.

And because you have 12 installmentsMonthly interest rate ( ) Annual interest rate (%)1225% 12 = about 2% is commonly known as 2 cents

Hello, honored with your question. Is "17,684 yuan still to be repaid" the total amount of principal and interest? If yes, then you can get it by extrapolating back to equal principal and interest, and your annual interest rate is ; Monthly interest; The monthly repayment is 1474 yuan.

The interest is 4000 yuan, which is equivalent to 222 yuan of interest per month, solution: 4000 18 = yuan.

Summary. Dear, I'm glad to serve you, borrow 4000 and repay 378 points per installment and 12 installments of interest.

Borrow 4,000 yuan and repay 378 points per installment for 12 installments.

How much is this interest.

Calculate how much it is per month.

Why don't you speak?

Dear, I'm glad to serve you, borrow 4000 and repay 378 points per installment and 12 installments of interest.

This is the interest of a few cents.

The total amount of the repayment needs to be calculated. Total repayment amount = repayment amount of each instalment x number of instalments = 378 x 12 = 4,536 yuan. Then, the borrowing interest rate of the Shisong stove is calculated.

Borrowing interest rate = Total repayment amount - borrowing amount) Borrowing amount x 100% = 4536 - 4000) 4000 x 100% =. Therefore, borrowing 4,000 yuan per cherry blossom period to repay 378 yuan in 12 installments, the benefit of the search rate.

Oh, thank you.

This is the interest of the shares, dear.

Summary. Hello, I am a special financial consultant of the platform, I have seen your question, and I am sorting out the answer, it will take about 3 minutes, please wait a while

Borrow 8600 in 12 installments, repay 9607 how much interest per day.

Hello, pretending to be a special financial consultant of the platform, I have seen your question, and I am sorting out the answer, it will take about 3 minutes, please guess for a while

Hello dear, the interest of the day is.

The specific calculation is as follows: the total interest for a year is 9607-8600=1007, so the daily interest is equal to 1007 divided by 365, which is equal to the above is my reply, thank you for your consultation.

Wrong 9000, 27 months, the interest is 17000 yuan, then the monthly interest = 17000 27 = yuan, then the monthly interest rate =, that is, the monthly interest rate is 7 cents.

Then the annual interest rate = 7% * 12 = 84%, that is, the annual interest rate is four cents.

The annual interest rate that greatly exceeds the legal requirement is not more than 36%, and the annual interest rate exceeds 36%, which is usury and is severely cracked down on by the state.

The annual interest rate of the loan is that the interest rate exceeds the upper limit of the prescribed interest rate, and the part exceeding the upper limit is not protected by law.

Provisions on interest rate caps: New regulations in September 2020: The borrowing interest rate shall not exceed four times the one-year loan market** interest rate LPR (for 1-year tenors announced from April 2020 to the present, four times is. The specific calculation is as follows:

Let the APR r, the monthly interest rate r 12, and the monthly repayment = 17000 36=, then there is:

Monthly repayment = 9000 * r 12 * (1+r 12) 27 [(1+r 12) 27-1]=

r=rate(27,,9000)*12=

NOTE: 27 is to the 27th power.

If you borrow 7,000 yuan and borrow for one year, the total repayment is 9,000, that is, interest = 9,000-7,000 = 2,000 yuan.

According to the formula for calculating the interest rate, the annual interest distribution rate = 7000 1 2000 100% =; Monthly selling reputation rate = .