2. Average capital method, three years: the monthly principal is 65,438+0,388.89 yuan, the interest in the first month is 250 yuan, the interest in the last period is 6.94 yuan, and the principal is 50,000 yuan and the interest is 4,625 yuan in three years. Five years: the monthly principal is 833.33 yuan, the first month's interest is 250 yuan, the last period's interest is 4. 17 yuan, and the three-year principal is 50,000 yuan and the interest is 7,625 yuan.
3. The repayment cost in average capital is lower.
Interest is the use fee of money in a certain period of time, and it refers to the reward that money holders (creditors) get from borrowers (debtors) for lending money or monetary capital. Including deposit interest, loan interest and interest generated by various bonds. Under the capitalist system, the source of interest is the surplus value created by hired workers. The essence of interest is a special transformation form of surplus value and a part of profit.
Formula interest
Interest (year) = principal × annual interest rate (percentage) × deposit period
Or interest = principal × interest rate× time
Deposit interest = principal x days x listing interest (daily interest rate) = interest-bearing days x daily interest rate
Interest tax = deposit interest (income tax payable) × applicable tax rate
Unit:%
Adjusted interest rate
I. Deposits of urban and rural residents and units
(1) Current deposit 0.35
(2) lump-sum time deposit
Three months 2.35
Half a year 2.55
2.75 a year
Two years 3.35
Three years 4.00
Second, loans.
Within one year (including one year) 5.60
One to five years (including five years) 6.00
More than five years 6. 15
Three, personal housing provident fund loans
Less than five years (including five years) 3.75
More than five years 4.25