Equal principal and interest and equal principal repayment need to be repaid at the same time. Matching principal and interest means that the amount paid every month is the same, but at first there is more interest and less principal. The repayment method in average capital is to divide your loan principal into equal parts within the loan period, and the loan principal returned every month is the same, with more first and less later.

Because the monthly repayment interest is calculated according to the loan principal, the "even-cost" repayment method requires customers' repayment ability at first, and the initial repayment pressure will be greater, but the monthly payment will decrease month by month, and the repayment pressure will be smaller and smaller. At the same time, under the condition of constant interest rate and other conditions, the interest paid by "equal principal and interest" repayment method will be higher than that paid by "average principal"

This answer is provided by Youhuahua, a credit service brand under Xiaoman Finance (formerly Baidu Finance), which provides personal consumer credit services for the public and creates an innovative consumer credit model. Qianhua uses artificial intelligence and big data risk control technology to provide users with convenient, fast and secure Internet credit services. Click on the bottom of the mobile phone to calculate the amount immediately, and the maximum loan amount is 200,000.