Matching principal and interest repayment method means that the borrower repays the loan with the same amount in each installment during the whole repayment period, provided that the loan amount, term and interest rate remain unchanged. Among them, the proportion of interest in each repayment amount decreased, while the proportion of principal increased.

The formula for calculating the monthly repayment amount of the equal principal and interest repayment method is: repayment amount = [loan principal × monthly interest rate ×( 1+ monthly interest rate )× repayment months] ÷ repayment months [( 1+ monthly interest rate )× repayment months]. Note: Symbol indicates power.

(In case of business changes, please refer to the actual situation. )