Bank commercial loan interest rate I bought a house on 16 and got a loan of 570,000 yuan. Divide it into 30 years, and then pay back 3000 every month. Because I bought the first suite, the loan interest rate was discounted, which seems to be 4.96%. This is already a special discount in commercial loans. If the loan is 600,000 yuan, the repayment will be 3 160 yuan every year for 30 years. We can work out how much interest you will pay after 30 years: 3160×12× 30 =1137600. In addition to your principal of 600,000 yuan, the interest you need to pay is as high as 5 1.76 million yuan.
600 thousand, annual interest 1%, what's the concept? If it is 600,000 yuan, the annual interest will only be charged to you at 1%, and the next year will be 60 ×100 = 6,000 yuan. 600 thousand a year, the interest is only 6000. This interest is really the price of cabbage. Suppose you use it for 30 years, the total interest generated by * * * is: 6000× 30 =180,000. It took you 30 years, and the total interest paid was only 1.8 million.
We can make a comparison: the commercial loan is 600,000 yuan, and the minimum 30-year interest is 5 1.76 million yuan. Your brother lent you 600,000 yuan, and the interest for 30 years is only 6.5438+0.8 million yuan. One third! Let's look at private lending again. Now private lending has at least a little interest. If you borrow 600 thousand, the annual interest will be at least 60 thousand. If it takes 30 years, the total interest will be as high as 1.8 million. If compared with the interest rate of private lending, it is one tenth!
Your brother lent you 600,000 yuan and only received 1% interest. For him, this is a loss. Now the bank interest rate: one-year fixed term, the interest rate is 2. 1%. Two-year fixed term with interest rate of 2.6%. Three-year fixed term with interest rate of 3.25%. Treasury bonds, with a three-year interest rate of 3.4% and a five-year interest rate of 3.57%. For certificates of deposit, the three-year interest rate is about 3.5%, and the five-year interest rate is about 3.8%.
Steady financial management, the income is between 3.5% and 4.0%. Even if your brother is a conservative, save this money regularly. One-year fixed term with interest rate of 2. 1%. The interest for saving 600,000 yuan for one year is: 60×2 10 = 1.26 million > > 6000. So, your brother lent you this 600 thousand and charged you 1% interest, just for an instant. If he really cares about interest, it is more cost-effective to deposit it in the bank.
Brothers, settle the accounts. There is an old saying in China, "Brother, settle accounts clearly". How many relatives turned against each other because of money? Many people, as soon as they hear the word "borrowing money", immediately hide. Your brother can lend you 600 thousand if you buy a house. That is really a brother. You can also think in another way. After you buy a house, the value-added part is estimated to be many times the interest paid. So, don't complain, your brother is really a relative in your life and a noble person in your life!