Principal of each installment = total loan amount/specified period.

Interest per installment = (total repayment of loans in the previous year) * annual interest rate

Monthly repayment amount = total loan amount/specified period+(total loan amount-paid in the previous year) * monthly interest rate.

The repayment in the first year = 480,000/10+(480,000-0) * 5.94% = 76512 yuan.

The repayment in the second year = 480000/10+(480000-76512) * 5.94% = 71967.1872 yuan.

The repayment in the third year = 480000/10+(480000-71967.1872) * 5.94% = 72237.438+049803 yuan.