It all depends on one's ability. On some real estate websites, there are mortgage calculators and input amounts, which can be calculated at one time, which is basically the same as that of banks.

Certainly, the longer the loan term, the more interest and the less monthly payment. Generally speaking, it is in integer years, such as 5 years, 10 years, 15 years, etc. In addition, the interest within 5 years is different from the interest over 5 years.

Equal principal and interest is the sum of principal and interest divided by the total number of months of the loan. For example, if the loan lasts for five years, the total principal and interest will be 200,000, and the monthly repayment will be 200,000 /60, which is the same every month. The advantage is that it is easier to start repayment, but the disadvantage is that the principal is less and the interest is more. Suitable for people who have the ability to repay the loan in advance.

In the average capital, the principal repaid every month is the same. For example, if the loan term is 5 years, the principal is 654.38+0.7 million yuan, and the monthly repayment is 654.38+0.7 million yuan /60, plus interest, which is evenly distributed to this month, it will be different every month. The advantage is that the principal is the same every month, but the disadvantage is that the pressure to start repayment is greater. It is suitable for people who have a little savings to repay, and they always have to pay back.