Matching principal and interest method: loan principal: 40,000; Assuming annual interest rate: 65,438+00.000%; Loan term: 2 years; Monthly repayment of principal and interest: 65,438+0,845.8 yuan; Total debt service: 44,299.2 yuan; And * * interest payable: 4,299.2 yuan. The interest paid in 1 month is: 333.33; The first 1 month principal repayment is:1512.47; Since then, the monthly interest repayment amount has decreased and the principal has increased. China Ping An launched personal or family consumption loan business guaranteed by insurance companies. This loan model does not need mortgage, but it needs to be audited by an insurance company with repayment ability, which is equivalent to Ping An Group's guarantee. The lender shall pay the insurance premium to Ping An Group in one lump sum after obtaining the loan, and deduct the bank interest and monthly repayment amount regularly every month. According to the relevant regulations of China Banking Regulatory Commission, any loan shall not be used for investment in the stock market, futures market or any other equity investment. Ping An Easy Loan Insurance Loan can be used for any reasonable enterprise capital turnover and emergency or capital shortage, including purchasing materials.

As we all know, it is impossible to borrow money from banks without collateral, and Ping An Group's new "credit guarantee insurance" has solved this problem. Lenders don't have collateral, and banks worry that customers can't pay back their money and can't control their risks. So the bank handed over the risk management to Ping An, and Ping An would check the customer information. Ping An will sign a "credit guarantee insurance" policy with customers if it is determined that the applicant has sufficient repayment ability after examination. Customers with credit insurance, with Ping An Group as the credit guarantee, can directly bring the credit policy to the cooperative bank to sign a "personal consumption loan" contract. After the contract is signed, the cooperative bank will lend the money to the applicant's account according to the date stipulated in the contract. "Ping An Easy Loan Insurance" and "Ping An Easy Loan Insurance" were used as pilots in Shenzhen before, also known as "Xin An Easy Loan". Ping An Trust lends money directly, 18 business outlets. In the past two months, the average loan amount was 654.38+200 million, with an average of 7,000 customers applying for loans every month, and about 4,500 customers succeeded in obtaining loans, with an approval rate of 65%. Most customers agree. As the second pilot city, Shanghai is also quite successful. In 2008, Ping An Easy Loan officially entered the mainland market and opened in Guangdong, Zhejiang, Jiangsu and other regions.