Loan term: 20 years (240 months)
Four situations of paying off all loans at a fixed interest rate:
☆ Calculated by commercial loans with equal principal and interest.
Annual interest rate: 6.55% (monthly interest rate 5.45333 ‰)
Monthly payment: 1272.48 yuan.
Total interest: 135396.04 yuan.
☆ Calculated by commercial loans and average capital.
Annual interest rate: 6.55% (monthly interest rate 5.45333 ‰)
Monthly payment for the first month: 1636.25 yuan.
Decreasing month by month: 3.87 yuan
Monthly payment at the end of the month: 7 12.2 yuan.
Total interest:111813.96 yuan.
☆ Calculated according to the provident fund loan with equal principal and interest.
Annual interest rate: 4.5% (monthly interest rate 3.75‰)
Monthly payment: 1075.5 yuan.
Total interest: 88 120.95 yuan.
☆ Calculated by provident fund loans and average capital.
Annual interest rate: 4.5% (monthly interest rate 3.75‰)
Monthly payment for the first month: 1345.83 yuan.
Decreasing month by month: 2.66 yuan
Monthly payment at the end of the month: 7 10.99 yuan.
Total interest: 768 18.75 yuan.
Loan principal: 170000 yuan.
Loan term: 15 years (180 months)
Four situations of paying off all loans at a fixed interest rate:
☆ Calculated by commercial loans with equal principal and interest.
Annual interest rate: 6.55% (monthly interest rate: 5.45333 ‰)
Monthly payment: 1485.56 yuan.
Total interest: 97,400.67 yuan.
☆ Calculated by commercial loans and average capital.
Annual interest rate: 6.55% (monthly interest rate: 5.45333 ‰)
Monthly payment for the first month: 1872.36 yuan.
Decreasing month by month: 5. 16 yuan.
Monthly payment at the end of the month: 949.6 yuan.
Total interest: 83,976.46 yuan.
☆ Calculated according to the provident fund loan with equal principal and interest.
Annual interest rate: 4.5% (monthly interest rate 3.75‰)
Monthly payment: 1300.49 yuan.
Total interest: 64,087.95 yuan.
☆ Calculated by provident fund loans and average capital.
Annual interest rate: 4.5% (monthly interest rate 3.75‰)
The first month: 158 1.94 yuan.
Decreasing month by month: 3.54 yuan
Monthly payment at the end of the month: 947.99 yuan.
Total interest: 57,693.75 yuan
Matching principal and interest repayment method:
Monthly loan amount = [loan principal × monthly interest rate ×( 1+ monthly interest rate )× repayment months ]=[( 1+ monthly interest rate )× repayment months]
Monthly interest payable = loan principal × monthly interest rate ×[( 1+ monthly interest rate) repayment months -( 1+ monthly interest rate) (repayment month serial number-1)] ÷ [(1+monthly interest rate) repayment months -650.
Monthly repayment principal = loan principal × monthly interest rate ×( 1+ monthly interest rate) ÷ (repayment month serial number-1)÷[( 1+ monthly interest rate) repayment months-1]
Total interest = repayment months × monthly repayment amount-loan principal
Note: monthly interest rate = annual interest rate ÷12 154 =15×15 (15 to the fourth power, that is, four15 times.
Average capital repayment method:
Monthly payment = (loan principal ÷ repayment months)+(loan principal-accumulated repaid principal) × monthly interest rate.
Monthly repayable principal = loan principal ÷ repayment months
Monthly interest payable = residual principal × monthly interest rate = (loan principal-accumulated principal repayment) × monthly interest rate
Monthly decreasing amount = monthly repayable principal × monthly interest rate = loan principal ÷ repayment months × monthly interest rate.
Total interest = [(total loan ÷ repayment months+total loan × monthly interest rate)+total loan ÷ repayment months ×( 1+ monthly interest rate) ]> 2× repayment months-total loan.
Note: monthly interest rate = annual interest rate ÷12 154 =15×15 (15 to the fourth power, that is, four15 times.