Personal loan calculation costs are different due to product details, comprehensive credit situation, repayment method and time. 1. Equal principal and interest calculation formula: the bank first charges the interest on the remaining principal, and then charges the principal from the monthly contribution; The proportion of interest in monthly payment decreases with the decrease of residual principal, and the proportion of principal in monthly payment increases with the increase, but the total monthly payment remains unchanged.

2. Calculation formula of average capital: monthly repayment amount = monthly principal+monthly principal and interest; Monthly principal = principal/repayment months; Monthly principal and interest = (principal-total accumulated repayment) x monthly interest rate; Calculation principle: the amount of principal returned every month is always the same, and the interest will decrease with the decrease of the remaining principal.

3. Matching interest calculator: Matching principal and interest repayment method and average capital repayment method are the two most commonly used repayment methods for medium and long-term loans. Matching principal and interest repayment method is a kind of matching interest priority repayment method, that is, the amount payable in each period is the same, and the interest payable in each period is recalculated according to the remaining principal.

Loan terms:

1, a citizen of China who has a permanent residence or a valid residence certificate at the place where the loan is located, is under the age of 18 -60 (inclusive) and has full capacity for civil conduct;

2. Have the ability to repay the loan principal and interest on schedule;

3. Have a good credit record and willingness to repay, and no bad credit record.