The latest interest rates of commercial mortgage loans are 7.05% for loans with a term of more than 5 years, 24,00015 years. There are two repayment methods: equal principal and interest method and average capital method, as follows:

1. Equal principal and interest method: the monthly repayment amount is 2 163.90 yuan (the same every month), and the total interest is 149502.4438+0 yuan.

2. Average capital method: the monthly repayment amount is different. The repayment amount in the first month is 2,743.33 yuan (it will be decreased month by month, with a monthly decrease of 7.83 yuan), and the repayment amount in the last month is 134 1. 17 yuan, with total interest of127,605.00 yuan.

Compared with the above two methods, the average capital method is 2 19738+0 yuan less than the equal principal and interest method.

The specific repayment method can be selected when the bank handles the loan procedures.