Loan term: 30 years (360 months)
Two situations in which the interest rate remains unchanged and the loan is fully paid off:
☆ Calculated according to the provident fund loan with equal principal and interest.
Annual interest rate: 4.5% (monthly interest rate 3.75‰)
Monthly payment: 10 13.37 yuan.
Total interest: 1648 13.42 yuan.
☆ Calculated by provident fund loans and average capital.
Annual interest rate: 4.5% (monthly interest rate 3.75‰)
Monthly payment for the first month: 1305.56 yuan.
Decreasing month by month: 2.08 yuan
Monthly payment at the end of the month: 557.64 yuan.
Total interest: 135375 yuan