Current location - Loan Platform Complete Network - Loan consultation - What is the total interest rate for a 10-year installment of a house purchase loan of RMB 250,000 in 2013?
What is the total interest rate for a 10-year installment of a house purchase loan of RMB 250,000 in 2013?

(Same repayment in each installment)

Equal principal and interest

Borrow: 25w

Monthly payment

: 2845 yuan

***Total: 120 periods

Total interest: 91,407 yuan

Total repayment: 341,407

Used by the general public This method of repayment.

(Repayment decreases each period)

Equal principal amount

: Borrow: 25w

First installment: 3447 yuan

p>

***Total: 120 periods

Total interest: 82,557 yuan

Total repayment: 332,557 yuan

Each period is approximately less than the previous period It was only a few cents at 11 yuan, but by the last issue, it was reduced to a little over 2,000.