How to calculate the interest of ICBC credit card loan?

1. How to calculate the interest on ICBC credit card loans?

ICBC loan interest rates are as follows:

I. Short-term loans for six months (inclusive) 5.35% for six months to one year (inclusive) 5.8 1%

2. Medium-and long-term loans for one to three years (inclusive) are 5.85%, medium-and long-term loans for three to five years (inclusive) are 6.22%, and medium-and long-term loans for more than five years are 6.40%.

Third, discounts.

It is determined by taking the rediscount rate as the lower limit and adding points.

The above is about the interest of ICBC loans. Please consult your local ICBC for the specific implementation of ICBC loan interest rate.

Conditions:

1, China nationality.

2. The age is 20-55 years old.

3. Work or live in Shanghai.

4. You can apply for a stable job with a monthly income of less than 2,000 yuan.

5. No bad repayment record.

Monthly repayment amount = current principal repayment amount and current interest.

Current month's repayment amount = total loan amount ÷ repayment times.

Current month's interest = remaining principal of last month × monthly interest rate = total loan ×( 1- (repayment months-1)÷ repayment times )× monthly interest rate.

Total interest = total loan amount × monthly interest rate × (repayment times 1)÷2

2. How to calculate the interest on ICBC credit card loans?

The daily interest of ICBC's credit card withdrawal is five ten thousandths of the withdrawal amount. In other words, withdraw 2000 yuan, with daily interest 1 yuan.

3. How to calculate the interest on ICBC credit card loans?

The daily interest of ICBC's credit card withdrawal is five ten thousandths of the withdrawal amount. In other words, withdraw 2000 yuan, with daily interest 1 yuan.

4. How to calculate the interest of ICBC credit card installment?

What is the installment interest rate of ICBC credit card?

For example, at present, the installment fee rate charged by banks for 12 is about 7.2%. Suppose that the bill of 12000 yuan needs to be divided into 12, then not only the principal of 1000 yuan but also the overall installment fee, that is, 120007.2%/65. But we often ignore that the funds occupied by stages are segmented. In fact, it took only one month for the first payment and two months for the second payment, and the handling fee paid each month was calculated at the annual interest rate of 7.2%.