Equal principal and interest method:

Loan principal: 60,000 yuan, assuming annual interest rate: 4.900% and loan term: 1 1.

year

The monthly repayment amount of principal and interest is:

588.9 yuan, and the total repayment amount is:

77,734.8 yuan, * * * Interest payable:

17734.8 yuan. The interest paid in 1 month is: 245.

; The first 1 month principal repayment is: 343.9; Since then, the monthly interest repayment amount has decreased and the principal has increased. (without considering the adjustment of interest rate in the middle)