The monthly interest rate of the loan is 0.22%, and the repayment is 65,438+100,000 in 48 installments, with the repayment of 2083.33 per installment. Is it cost-effective?
Through calculation, the loan interest is still relatively low, depending on your repayment method. Matching principal and interest repayment, the annual interest rate is 5%, and the total interest is 1054438+0 yuan.
If you manage money, 65438+ million *8%/365* days is the income. Assuming two years, the income is 16000 yuan.