How much is a bank loan of 50 thousand a year, and what is the interest?
The monthly repayment of average capital is decreasing.
Total loan: 50,000 yuan
Number of repayment months: 65438+February
First month repayment: 4364.58 yuan
Decreasing monthly: 16.49 yuan.
Total interest paid: 1286.46 yuan.
Total principal and interest: 5 1, 286.46 yuan.
Calculation result of equal principal and interest
Equal monthly repayment
Total loan: 50,000 yuan
Number of repayment months: 65438+February
Monthly repayment: 4274.65 yuan
Total interest paid: 1295.78 yuan.
The total principal and interest is 565,438+0,295.78 yuan.
2. Loan 1.2 million yuan, with interest rate of 4.9. After five years of repayment, what is the total repayment and monthly repayment?
If you borrow from China Merchants Bank, the specific monthly payment depends on your loan execution interest rate and repayment method. You can borrow money from China Merchants Bank official website or Mobile Banking for trial calculation. The trial results are for reference only.
Mobile banking: log in to mobile banking and click My-All-Assistant-Financial Calculator-Loan Calculator;
Home page of China Merchants Bank: Real-time financial information-loan interest rate is on the right side of the home page, and then click the loan calculator at the lower left.
Enter information such as loan amount, annual interest rate, loan term and repayment method, and try to calculate monthly loan amount and interest.