The Ministry of Housing and Urban-Rural Development issued a notice on September 6, 2008, and lowered the interest rate of individual housing provident fund loans from now on: the interest rate for five years or less (including five years) was adjusted from the current 4.77% to 4.59%.

Yuan You said that 80,000 yuan should be a net loan, which is definitely lower than 70% of the house price, so there is no problem with the loan. The loan interest rate is 4.59%, which is generally calculated by the equal principal and interest repayment method: if the loan is repaid in three years, the total repayment amount is 80000× (1+4.59%/12×3) to the power of (12× 3), the repayment period is 36, and the monthly repayment amount is. Similarly, after five years of repayment, the total repayment amount is 80000× (1+4.59%/12) to the power of (12×5), the repayment period is 60, and the monthly repayment amount is 1495 yuan. This is the calculation method. Simply refer to the following website for data calculation, which is the calculator of Sina real estate.