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I bought a suite with a commercial loan from Changchun Construction Bank, with a loan of 200,000 yuan and a service life of 30 years. I repay the loan every month 1299. How to calculate it?
The loan is 200,000 yuan, the term is 30 years, and there is still an interest rate (usually the annual interest rate) gone.

There is a calculation formula. Monthly mortgage = (total loan × monthly interest rate ×( 1+ monthly interest rate) number of periods (months)) /(( 1+ monthly interest rate) number of periods-1)

Monthly interest rate = annual interest rate/12; The number of installments is the total number of repayment months = loan period * 12.