Current location - Loan Platform Complete Network - Loan consultation - I bought a house with a rated principal and interest loan. The loan period of 240,000 yuan is 20 years, ranging from 20 10 12. 1 to 2030. 12.09, and the monthly interest rate is 4.608.
I bought a house with a rated principal and interest loan. The loan period of 240,000 yuan is 20 years, ranging from 20 10 12. 1 to 2030. 12.09, and the monthly interest rate is 4.608.
The monthly interest rate is 4.608, that is, 4.608 per thousand, with a percentage of 0.4608%.

240,000 20 years (240 months) monthly repayment amount:

240000 * 0.4608% * (1+0.4608%) 240/[(1+0.4608%) 240-1] =1654.94 yuan.

Total interest:1654.94 * 240-240000 =157185.6 yuan.

Description: 240 is the power of 240.