It is known that the total interest of the 9-year loan is 2.09 million, with an annual interest rate of 6.55%. How much is the total loan and how to calculate it?

It is known that the total interest of this 9-year loan is 2.09 million yuan, with an annual interest rate of 6.55%. If the principal and interest of the 9-year one-time loan are not compounded, the total loan amount is 3,545,439 yuan.

209÷6.55%÷9 = 3544439 yuan.

The annual interest rate is 6.55%, so the monthly interest rate is 6.55%12 = 0.005458333 = 5.458333 ‰. 9 years is 108, if it is equal principal repayment, let the total loan amount be x,

(0.0054583333 x+ 1/ 108 x * 0.0054583333)÷2× 108 = 2090000。

0.00550887342 x = 3840 1 . 3868668666 1

X=7025702. 13 yuan

If the average capital loan is calculated, the total loan is 7025702. 13 yuan.

Use the mortgage calculator to calculate, as shown in the figure:

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