At present, China is entering an era of debt consumption, and debt can be a sweet burden or the last straw to crush you. It is also 3, yuan in cash, and the interest rate difference between deposits and loans is very large.

For your convenience, we can think of this 3, yuan as a mortgage, and there are two repayment methods for the mortgage: matching principal and interest and average capital, and the different repayment methods are different:

1. Matching principal and interest repayment, assuming that the mortgage interest rate is based on the benchmark interest rate, the total interest paid is 273,184.86 yuan. Assuming that the mortgage interest rate is 1% higher than the benchmark interest rate, the total interest paid is 35,779.27 yuan.

2. Repayment by average capital, assuming that the mortgage interest rate is based on the benchmark interest rate, the total interest paid is 221,112.5 yuan. Assuming that the mortgage interest rate is 1% higher than the benchmark interest rate, the total interest paid is 243,223.75 yuan.

next, let's look at the interest rate of deposits.

1, yuan and 3, yuan are all alive. Calculated by .35% deposit interest rate, the interest of current deposit for 3 years is 31,5 yuan.

2. Deposit for one year, and continue to deposit for one year with principal and interest after maturity. Calculated at the interest rate of 1.75%, the interest of time deposit for 3 years is 24,84.4 yuan.

3. Deposit for a three-year term, and continue to deposit for a three-year term with principal and interest after maturity. Calculated at the interest rate of 2.75%, the interest of a 3-year term deposit is 362,827.17 yuan.

4. if you buy a one-year wealth management product, you will continue to buy the one-year wealth management product with principal and interest after maturity. calculated at the interest rate of 5%, the income from wealth management after 3 years is 996,582.71 yuan, excluding the principal of 3, yuan.

I don't know, the deposit interest will be more than the loan interest. Even if it is a three-year term deposit, the interest income has exceeded the loan interest expense with interest rate rising by 1%. If you buy wealth management products, the income is simply the loan interest, which is several times the loan interest.

But the above are all numbers games, and the results obtained by the above calculation methods are not comparable. In reality, the loan interest will be higher than the deposit interest, so why does the above calculation result appear?

because the loan is to be repaid every month, the loan is 3, yuan, and the principal is decreasing after repayment every month, so the calculated interest is decreasing, but the deposit is not decreasing every month.

Instead, the due principal and interest are paid together, and the principal keeps increasing every year and is calculated by compound interest. After a long time, the power of compound interest is prominent, so the final calculated interest will be more than the loan interest.