Legal analysis: The repayment method of loan principal and interest is agreed by the borrower and the borrower, and it is stipulated in the loan contract. If the loan contract is within 1 year (including 1 year), the principal and interest will be repaid in one lump sum at maturity, and if it exceeds 1 year, the principal and interest will be repaid monthly.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 667 A loan contract is a contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest.

Article 668 A loan contract shall be in written form, unless otherwise agreed between natural persons.

The contents of a loan contract generally include terms such as loan type, currency, purpose, amount, interest rate, term and repayment method.

Article 669 When concluding a loan contract, the borrower shall, at the request of the lender, provide the true information about the business activities and financial status related to the loan.