Based on the initial loan amount, it is calculated according to the bank's interest rate at the time of signing the contract. If the bank interest rate changes during the repayment period, it will be adjusted with the interest rate in a certain year. Repayment of principal and interest with equal monthly amount is adopted, and the calculation formula is:

Monthly repayment amount = loan principal × monthly interest rate+loan principal × monthly interest rate /(( 1+ monthly interest rate) = total repayment periods-1).

It will be finished in half a day.

Auto loan refers to the loan issued by the lender to the borrower who applies for buying a car, also known as automobile mortgage. auto loan

Object of loan: The borrower must be a permanent resident of the place where the loan bank is located and have full capacity for civil conduct.