What kind of loan do you use? Under normal circumstances, equal principal and interest are suitable for people whose income may increase in the future. Average capital is more suitable for people with higher income now, and their income may decrease in the future.

The details can be calculated by the mortgage calculator.

The matching principal and interest is 8 10 year: the monthly payment is 8 15.98, the total repayment is 979 17.83, and the interest is paid 179 17.83.

The average capital is 8 10 years, and the monthly payment gradually decreases, with repayment of 96,770.6 and interest payment 16770.6.

Because your loan amount is not much and the time is not long, the actual difference is not big.

According to the repayment method, the general mortgage calculation formula is divided into two types:

1. Equal principal and interest calculation formula:

Calculation principle: from the beginning of monthly contribution, the bank collects the interest of the remaining principal first, and then the principal; The proportion of interest in monthly payment decreases with the decrease of residual principal, and the proportion of principal in monthly payment increases, but the total monthly payment remains unchanged.

Two formulas for calculating average capital:

Monthly repayment amount = monthly principal+monthly principal and interest Monthly principal = principal/repayment month Monthly principal and interest = (principal-accumulated repayment amount) X Monthly interest rate calculation principle: the amount of principal returned every month is always the same, and the interest decreases with the decrease of the remaining principal.