There is no such thing as paying interest only in the first six months and paying interest and principal together in the seventh month. Agricultural Bank of China pays equal principal and interest every six months, with interest of more than 4,000 yuan.

According to the calculation of ABC's commonly used calculator, repay the loan with equal principal and interest:

When the interest rate was 7% in that year, the principal and interest were repaid 53,463.24 yuan per month.

When the current interest rate is 7%,