Current location - Loan Platform Complete Network - Loan consultation - The loan is 300,000 yuan with a monthly interest rate of 0.67%. What is the interest to be paid off in 30 years?
The loan is 300,000 yuan with a monthly interest rate of 0.67%. What is the interest to be paid off in 30 years?
The monthly interest rate is 0.67%/ 12.

Monthly payment of 300,000 years (360 months):

300,000 * 0.67% * (1+0.67%) 360/[(1+0.67%) 360-1] = 2209.67 yuan.

Total interest: 2209.67 * 360-300000 = 495481.2.

Description: 360 is the power of 360.