If the repayment of equal principal and interest is calculated according to the same interest rate and the same interest-bearing time, the monthly repayment amount is the same and the same value. However, if the user executes according to the LPR interest rate and calculates separately during the rescheduled holiday, the new repayment amount may be different from before.

What's more, some banks repay more in the first month than in other months, because the interest-bearing time of repayment in the first month may exceed 30 days, so there will be differences.

Under normal circumstances, the system calculates interest and principal separately, the interest is decreasing every month, the principal is increasing every month, and the final monthly repayment amount is the same. The repayment method of equal principal and interest is suitable for users with average economic ability, with relatively little pressure in the early stage, but the total repayment cost is high.

When applying for a loan, there is usually a way to choose from the average capital. If users have strong repayment ability, they can bear high repayment in the early stage and choose average capital, and the total interest cost will be relatively low.