The loan is 30,000 yuan, with 36 installments and the annual interest rate is 8.4%. Monthly payments are as follows:

30,000/36 = 833.33 yuan, and the monthly principal is 833.33 yuan;

30000*8.4%=2520 yuan, with annual interest of 2520 yuan;

The monthly interest is 2520/ 12=2 10 yuan;

The monthly repayment amount is 833.33+ 2 10 yuan = monthly repayment 1043.33 yuan.

Common repayment methods of bank loans are as follows:

1, equal repayment of principal and interest

Matching principal and interest repayment means that the borrower's monthly repayment amount is the same, and the monthly repayment amount = (loan principal+total loan interest) ÷ loan term (month). Because the remaining unpaid principal is different every month, the interest on monthly repayment is also different. At the beginning of repayment, interest accounts for more than principal in monthly repayment. With the monthly repayment, the proportion of principal and interest in monthly repayment is getting less and less.

2. Repayment by average capital

Matching principal repayment means that the borrower repays the same principal every month, and the interest of monthly repayment decreases month by month with the decrease of principal. Therefore, under the repayment law of average capital, the monthly repayment amount is decreasing. Compared with the repayment of equal principal and interest in the average capital, the total interest of loans in the average capital will be less, but under the repayment of equal principal, the initial pressure of repayment is relatively high, which is suitable for the current high-income people.

3. repay the principal and interest on schedule

Repaying the principal and interest on schedule means that the borrower and the bank negotiate different repayment time units, such as monthly, quarterly and annual repayment. In fact, the borrower divides the money to be repaid every month into several months according to different financial conditions. This repayment method is suitable for people with unstable income.

4. One-time repayment of principal and interest

One-time repayment of principal and interest means that the borrower pays off all the principal and interest of the loan at one time on the loan date. This repayment method is usually common in short-term loans, but it will be stricter in terms of approval.

5. Interest before capital

Interest before interest means that the borrower only needs to pay interest every month at the initial stage of repayment, and pay off the loan principal and current month's interest in one lump sum when the final repayment period comes.

The above are several common repayment methods. Under different repayment methods, the total interest of the loan is different. I suggest you choose the repayment method that suits you according to your own situation.