If the loan and cash are not fully repaid before the repayment date, the Construction Bank will charge the loan interest on a daily basis and on a monthly basis. The calculation time of interest is from the effective date of accounting to the repayment period, and the calculation cost of interest is calculated according to the specific loan repayment amount. The interest rate standard of CCB is five ten thousandths of a day, and the upper and lower limit standards are set in strict accordance with the relevant requirements of the People's Bank of China, and will be adjusted appropriately according to the regulatory provisions.
Calculation of Credit Card Interest of China Construction Bank
During the interest-free repayment period:
Interest-free repayment period refers to the interest-free period of consumer transactions enjoyed by cardholders who repay in full on time. The interest-free period is from the bank bookkeeping date to the repayment date, with a minimum of 20 days and a maximum of 50 days. Overdraft cash withdrawal transactions do not enjoy interest-free repayment period.
If you don't repay in full before maturity, you won't enjoy the interest-free period. The Construction Bank will charge interest at a daily interest rate of 0.5 ‰ and compound interest monthly. The interest-bearing date is from the bookkeeping date to the repayment date, and the interest-bearing principal is calculated according to the actual repayment amount.
If the repayment is not made before the due repayment date or the repayment amount is lower than the minimum repayment amount, CCB will charge interest as required, and at the same time charge a late fee of 5% of the minimum repayment amount.
If your bookkeeping date is a month 17, then the due repayment date (for example, the 30th of a month) is the 7th of next month (if the month is 3 1 day, it is the 6th of next month, and the year and month are calculated accordingly).
If you spend 65,438+00,000 yuan in April, 65,438+05, and this consumption is credited to your account on the same day, the bank bookkeeping date is April, 65,438+05, because your bookkeeping date is April, 65,438+07, and the due repayment date is May 7, the longest interest-free period for this consumption is 23 days.
If you spend 65,438+00,000 yuan in April, 65,438+08, the consumption amount will be credited to your account on the same day, and the bank bookkeeping date will be April, 65,438+08. Since the consumption amount should be recorded on May 65, 438+07, there are still 50 days before the due repayment date on June 6, and the longest interest-free period of this consumption is 50.
During the cycle turnover:
Revolving credit generally means that the credit limit of a credit card can be recycled. As long as the customer can repay the amount in time after each use (including the minimum repayment method), it can be reused without applying before each use. Revolving credit is the inherent attribute and main function of credit card, which brings convenience to cardholders.
Interest calculation of revolving credit: each consumption amount of the last statement is the interest-bearing principal, and the interest-bearing days are from the account bookkeeping date to the account repayment date; The interest rate of revolving credit shall be uniformly stipulated by the People's Bank of China, and the daily interest rate shall be 0.5 ‰, with monthly compound interest. The interest on the revolving loan will be stated in the next bill.
The calculation example shows that:
Suppose your bookkeeping date is the 7th of each month and the due repayment date is the 27th of each month. If you spent 10000 yuan on March 20, and this amount was credited to your credit card account on March 23 (that is, the billing date), then on April 7, your statement will list: the total repayment amount in this period is 10000 yuan, and the minimum repayment amount is 1000 yuan. If no other transactions were recorded between April 8 and May 7, you paid the minimum repayment amount of 1 000 yuan on April 27, and the bill on May 7 will include the unpaid part of the consumption amount of 9000 yuan and interest of 225 yuan.
For partners who hold CCB credit cards, it is very beneficial to know clearly the calculation method of CCB credit card interest.
Second, Bank of China changed the loan from 10 to 5 years, shortening the date! Is this interest still 10 years? Is this happening?
The interest before you reduce the loan term is calculated according to 10 year. After the change, the interest will be recalculated according to your remaining principal and the remaining years after the change. Interest must not be calculated according to 10 year.
There is no obvious difference between good and bad in prepayment.
If your money is idle and there is no other investment channel, you can repay it in advance. If you have other uses (such as investment, stock trading, buying other finance, etc. ), don't prepay. After all, mortgage is the lowest interest rate of all loans.
I hope I can help you!
It is impossible to calculate the specific results without providing the specific loan start date and the exact date of prepayment.
In addition, interest cannot be repaid in advance. The interest of 1300 you mentioned should belong to liquidated damages (generally, there is liquidated damages for early repayment of loans within the first year).
Moreover, in the first month of each year, if there is interest rate adjustment and early repayment of principal in the previous year, the calculation method will be different, resulting in an increase in repayment amount compared with the previous year, which is normal.
One of your problems is that the loan has not been repaid in one year, and the other is the New Year's Eve. One is that interest rates were raised last year, so the calculation is very complicated. However, I can say for sure that the bank has not made any calculation mistakes. You can ask them to explain the specific calculation method to you. Of course, manual bookkeeping is not impossible, but troublesome. If you know the calculation method, you should be able to estimate it roughly.
If there are any questions. Let's continue our discussion.
3. How to calculate the prepayment interest of domestic bank loans?
If part of the repayment is made in advance, the principal and interest paid before will remain unchanged. Then the amount paid in advance) is the total amount, which will be re-weighted according to the agreed time (maybe the early part is used to shorten the term).
4. How to calculate the re-interest period of BOC loan?
When your bank of China loan interest rate fluctuates, the loan interest rate will be adjusted according to the contract. The repricing date is the interest rate adjustment date agreed with the bank. The repricing cycle refers to the frequency of adjusting interest rates from the next repricing date. For example, if your mortgage is converted into LPR, the repricing period is 12 months, and the next repricing date is 65438+ 10 month 1 day, then your mortgage will be recalculated according to the LPR value of the corresponding period in June 2020. Until June 2022, 65438+1 October1,your mortgage interest rate will be recalculated according to the LPR value of the corresponding period in June 20261+February. If you have any questions, please consult the loan processing branch of Bank of China in detail. The above contents are for your reference. Please refer to the actual business regulations.