Current location - Loan Platform Complete Network - Bank loan - I bought a house for the first time and borrowed 350,000 yuan from CCB. The interest rate is 30%, and I have mortgaged it for 30 years. What is the total monthly loan repayment and the interest?
I bought a house for the first time and borrowed 350,000 yuan from CCB. The interest rate is 30%, and I have mortgaged it for 30 years. What is the total monthly loan repayment and the interest?
5.94%, with a monthly interest rate of 5.94%/12 = 0.495%; If the first suite enjoys a 30% discount, the interest rate is 4. 158% and the monthly interest rate is 4.158%/12 = 0.3465%.

Monthly payment of 350,000 years (360 months):

[350000 * 0.3465% * (1+0.3465%) 360]/[(1+0.3465%) 360-1] =1702.99 yuan.

Total repayment:1702.99 * 360 = 613076.40.

Interest amount:1702.99 * 360-350000 = 263076.40.

Description: 360 is the power of 360.