Current location - Loan Platform Complete Network - Bank loan - The loan is 830,000 yuan, and the loan is 15 years. How much interest will be paid by the average capital method in 65,438+05?
The loan is 830,000 yuan, and the loan is 15 years. How much interest will be paid by the average capital method in 65,438+05?
According to the current loan interest rate of 4.9% for loans with a term of more than 5 years:

The interest is 3067 19.58 yuan.

The loan is 830,000 yuan with a term of 15 years, and the repayment method is average capital.

The total repayment amount, the total principal and interest is1136719.58 yuan.

The principal is 830,000 yuan.

The interest is 3067 19.58 yuan.

The repayment principal of each installment is 4611.11yuan, and the interest is 3389. 17- 18.83 yuan, which is decreasing.

Specific calculation formula:

Repayment principal of each installment = total loan amount/installment (term * 12)

Current repayment interest = loan balance of the previous period * approved interest rate of this year%

Loan balance in current period = loan balance in previous period-repayment principal in each period