Suitable for people: suitable for people with abundant funds.

The higher repayment amount in the early stage of equal principal repayment will give the borrower greater repayment pressure, but with the passage of time, the amount to be repaid in the later stage will gradually decrease and the repayment pressure will increase. Matching principal repayment is suitable for friends with abundant funds and little repayment pressure. Although the early repayment pressure is great, the later repayment period will be very easy.

Option 2: Equal principal and interest

Suitable for people: people with fixed wages

Matching principal and interest is a loan that pays the same amount every month during the repayment period, which is different from the concept of average capital. Although the initial monthly repayment amount may be lower than the average capital repayment method, the final interest will be higher than the average capital repayment method commonly used by banks, such as bank mortgage and bank car loan.

Mode 3: One-time repayment of principal and interest

Suitable for people: people who have the ability to repay a large number of loans in a short period of time.

One-time repayment of principal and interest means that the borrower does not repay the principal and interest monthly during the loan period, but pays the principal and interest once after the loan expires. For the borrower, one-time repayment of principal and interest can greatly alleviate the repayment pressure after borrowing, but one-time repayment of principal and interest is required when the loan expires, and the term of one-time repayment of principal and interest is generally short, mostly one year or less. If the borrower wants to apply for a loan with a longer term, he can only choose another repayment method.

Mode 4: Interest before capital.

Suitable for the crowd: people who can bear a little pressure in the early stage.

Pay interest first, then pay the principal monthly, and repay the principal at maturity. This repayment method is easy to understand, that is, the borrower repays the loan interest every month and repays the loan principal in one lump sum when the loan expires. Compared with one-time repayment of principal and interest, the borrower needs to repay the loan interest every month, but when the loan expires, he only needs to repay the loan principal every month, and the pressure will be lighter than one-time repayment of principal and interest.