1. Calculate the repayment principal of each installment:
Repayment principal of each installment = total loan amount/installment.
The repayment principal of each installment = 60000/36 = 1666.67 yuan.
2. Calculate the repayment interest of each installment:
Interest on repayment of each installment = loan balance × monthly interest rate
Monthly interest rate = x%/ 12
3. Calculate the total repayment amount of each installment:
Total repayment amount per installment = repayment principal per installment+repayment interest per installment.
It should be pointed out that due to the lack of specific interest rate and cost information, the above calculation results are only based on assumptions.
Extended data:
Ping An Pratt & Whitney Loan is a financial service brand under China Ping An Insurance Group, which provides personal micro-loan services. The installment repayment method can help the borrower share the burden and make arrangements according to the individual repayment ability. In the actual loan process, in addition to the principal and interest, there may be other expenses, such as handling fees and management fees. Please consult the relevant institutions or check the contract for the specific fee standard.