Home >Loan Calculator> Car loan calculator       > What is the difference between the interest rate of each bank loan to buy a car?

What is the difference between the interest rate of each bank loan to buy a car?

Time: 2017-01-20         Source: melt 360 finishing         Author: 360 Financial consolidation

  Ping An BankLoan to buy a carInterest rates: 1. Short-term loans: 5.60 for six months (inclusive); 6.00 for six months to one year (inclusive); 2. Medium and long-term loans: 6.15 for one to three years Five years (including five years) 6.40 More than five years 6.5; 3, Discount: discount to the discount rate for the minimum plus points to determine.

  ICBCLoan to buy a car interest rate. The car loan interest rates of various banks such as Industrial and Commercial Bank of China are generally based on 6.4% annual interest rate. To buy a price of 140,000 yuan for the family car, for example, consumers pay 30% down payment, 3-year loan period, calculated to repay about 3100 yuan a month, if the interest rate rises about 30%, it will lead to consumption Expenditure will be about 200 yuan per month.

It is easy to learn to understand the fast loans, loans to buy a car, the bank lending rates on the requirements are different. At the same time, the lending rate is also related to the loan applicant's asset ability, credit status and other factors. And various banks in the assessment of these factors is not the same standards, the same people in different banks to apply for the loan interest rates may also be different.

Therefore, the fast easy to borrow Xiao Bian suggest that in the process of loan car, you can look for several banks to ask about the loan issues, according to their own actual situation, choose the most suitable for your loan bank to apply for a car loan. In addition, some lenders will incur charges such as commissions in addition to interest charges on loans. In the calculation of the loan, these costs should be calculated into the cost of the loan.

【Exclusive Articles and Disclaimer】 Any work that is marked "Melt 360 Original", without the written authorization of Melting 360, shall not be reproduced, excerpted or used in any other way by any of the above works. Have been authorized in writing, indicate the source of financial 360. Anyone who violates the above statement and infringes upon the legitimate rights and interests of Rong 360 will be investigated for legal liability according to law. Materials and conclusions in the works are for reference only and do not constitute operational recommendations. For written authorization, please email: academy@rong360.com

Comment lists (User reviews only users to express their opinion, does not mean that this site agree with their views or confirm their description)
you may also like
  • What is the new interest rate of bank loans?  I have not let down the loan, the central bank also raise interest rates, when the interest rates how to count ah? Mr. Zhu said that according to the latest interest rates, his monthly allowance should be increased by at least 200 yuan. Central bank interest rates may be adjusted every year, for those who have loans, how to calculate profits ...
  • Bank loans to buy a car and car financing leasing which is better? The difference between the two  Bank loan car and car finance lease into the car which is better? Believe that the intention of buying a car friends have already known to enter the car, you can have two options, either from a bank loan to buy a car, or choose a financial leasing to achieve the goal of entering the car, then the two ...
  • What are the procedures for bank loans to buy a car?  Many people think of loans when they plan to buy a car. The following is a detailed explanation of the loan process to buy a car: 1, the borrower to submit loan application materials to the bank; 2, the bank to submit the application materials submitted by the borrower; 3, the bank into the borrower ...
  • What is the difference between bank interest rates and interest rates and interest rates?  What is the difference between bank loan interest rate and interest rate and how interest is calculated? For financial Daren, interest rates and interest must not be strange words. However, for some financial white friend, although often heard of interest rates and interest, but in the end what is between them ...
  • Loans big collecting: Which bank lending rate is low?  The idea of ​​spending big money to do great things is deeply rooted in many people's minds. This kind of thinking urges people to find out where to go when they make loans so as to maximize the cost savings of capital. In order to search the road go not so hard, I may wish to part of the answer and method of operation ...