The matching principal and interest loan of 565,438+0,000 yuan was paid off in advance in the 24th year of 65,438+02. Matching principal and interest is a repayment method of bank loans, which means to repay the same amount of loans (including principal and interest) every month during the repayment period. When users choose to repay with equal principal and interest, it is cost-effective to repay in advance before the repayment period 1/2. After equal repayment of principal and interest, the interest generated by the remaining principal will be calculated together with the remaining principal (loan balance). Therefore, the largest proportion of users in the early repayment is the interest generated. Users want to pay less, they have to reduce interest. The first half of the whole loan basically accounts for the largest proportion of interest, and the second half accounts for the largest proportion of principal. As long as the repayment is made in advance before 1/2, the interest can be effectively reduced.