There are two kinds of loan repayment, and the monthly payment corresponding to different repayment is different, as follows:

1, average capital:

Average capital refers to the repayment of a loan, that is, the total loan is divided into equal parts during the repayment period, and the remaining loan is repaid with equal principal and interest every month. In this way, because the monthly repayment amount is fixed and the interest is less and less, the borrower is under great pressure to repay at first, but as time goes on, the monthly repayment amount is less and less.

Commercial loan for 30 years: the mortgage interest rate is 4.90%, the total repayment amount is 3.474 million yuan, and the repayment amount in the first month is 13722.22 yuan.

Provident fund loan for 30 years: the mortgage interest rate is 3.25%, the total repayment amount is 2,977,700 yuan, and the repayment amount in the first month is 10972.22 yuan.

2. Equal principal and interest:

Matching principal and interest refers to repaying a loan, that is, repaying the same amount of loan (including principal and interest) every month during the repayment period.

Commercial loan for 30 years: the mortgage interest rate is 4.90%, the total repayment amount is 382 1.20 million yuan, and the monthly repayment amount is 1.06 1.4. 53 yuan.

Provident fund loan for 30 years: the mortgage interest rate is 3.25%, the total repayment amount is 3133,400 yuan, and the monthly repayment amount is 8,704.13 yuan.