The total loan is 300,000 yuan.

Number of repayment months: 240 months

The monthly repayment is 2245.56 yuan.

Total interest paid is RMB 238,934.65438 +08.

Total principal and interest is 538,934.18 yuan.

Extended data:

There are five ways of postal loan.

1, small pledge loan, that is, if you have a fixed passbook and have saved it for a certain period of time, it is not cost-effective to spend money in the short term, then you can borrow 90% of the fixed amount at the postal outlets. The interest rate is only a little higher than the current deposit.

2. Microfinance, do you have any projects for business? Those who have a business license can apply for a maximum of 654.38 million yuan, and those who have no license can apply for a maximum of 50,000 yuan. The interest rates are 15.3%, 14.4% and 13.5% respectively, and the answers are as follows.

3. Operating loan, or employment loan, is to mortgage the real estate license in the Postal Savings Bank, but it must also have a business license. If the loan is 60% or 50% of the appraised house price, the interest rate is about 6.903%.

4. Second-hand housing loans. If you buy a second-hand house, you can borrow from the Postal Savings Bank at an interest rate of about 4.5%.

5, small business loans, loans for small businesses, up to 5 million.

Requirements for postal loans

I. Postal savings regular pledge loan:

Using your own or someone else's time deposit certificate to apply for a pledge loan at the Postal Savings Bank is fast and the loan ratio is high (90%-9000 for 10,000 loans);

Second, micro-credit loans

Small loans don't need to be mortgaged, just find someone with a fixed job to guarantee you (the maximum loan for small loans is 6,543,800 yuan, the longest one year, and the annual interest rate is 654.38+ 05.84%, but it can be discounted). Loan procedures:

1. Call the credit department of the local postal savings bank;

2. The credit department sends an account manager to contact you;

3. The account manager investigates your industry (and copies your business license and ID card).

Farmers' joint loan:

1, farmers' loan conditions:

Three to five farmers form a joint guarantee team, and they can apply for loans from the Postal Savings Bank without other guarantees. The maximum loan amount for each household is temporarily 50,000 yuan.

2, farmers secured loan conditions:

Farmers can apply for loans from the Postal Savings Bank as long as they have one or two (the number depends on the loan amount) people with fixed jobs and stable income as loan guarantors. The maximum loan amount for each household is temporarily 50,000 yuan.

3. Conditions for merchants' joint guarantee loan:

It refers to a joint guarantee team composed of three individual industrial and commercial households or sole proprietorship business owners with business licenses, and can apply for loans from the Postal Savings Bank without other guarantees. The maximum loan amount for each merchant is temporarily 6,543,800 yuan (200,000 yuan in some areas).