If the annual interest rate is 1 1.88%,

Monthly interest rate =11.88%/12 = 0.99%.

Then the monthly interest payable = 78,000 * 0.99% = 772.2 yuan,

Monthly principal repayment = 78,000/312 = 2166.7 yuan.

Total monthly repayment = 2 166.7+772.2 = 2938.9 yuan.

The term of automobile consumption loan is generally 1-3 years, and the longest is no more than 5 years. Among them, the term of second-hand car loan (including extension) shall not exceed 3 years, and the term of dealer car loan shall not exceed 1 year.

According to the regulations of the central bank, the benchmark interest rate is implemented for auto loans, but financial institutions can float within a certain range of the benchmark interest rate.