1. A loan of 340,000 will be repaid in 20 years, and the interest rate is 5.90%. How much is the monthly repayment?
Search: A loan of 340,000 will be repaid in 20 years, and the interest rate will be 5.90%. It is 5.90%. How much is the monthly repayment?
2. How much is the monthly interest for a loan of RMB 340,000 to be repaid in 20 years?
340,000 mortgage, equal repayments of principal and interest, loan term of 20 years, monthly principal and interest payment of 2,646.2303, cumulative interest payment of 295,095.28, and cumulative total repayment of 635,095.28.
3. How much is the monthly interest for a loan of RMB 340,000 from ICBC that is repaid in 20 years?
I don’t know the interest rate for ICBC loans. In fact, you can go directly to the bank and ask. Calculate it yourself. In addition, you can also look at how much you have to repay in one payment, and just reduce the principal.
4. How much is the monthly interest on a loan of 340,000 for 20 years?
Loan principal: 340,000 yuan Loan term: 20 years (240 months) 4 situations of repaying the entire loan at the same interest rate: ☆ Calculate the annual interest rate based on commercial loans with equal principal and interest: 6.55% (monthly Interest rate 5.45833333333333‰) Monthly monthly payment: 2544.97 yuan Total interest: 270792.07 yuan ☆ Calculated based on commercial loans, annual interest rate for equal amounts of principal: 6.55% (monthly interest rate 5.45833333333333‰) First month monthly payment: 3272.5 yuan Decreasing month by month: 7.73 yuan Monthly payment: 1424.4 yuan Total interest: 223627.92 yuan ☆ Calculated based on provident fund loan, equal principal and interest annual interest rate: 4.5% (monthly interest rate 3.75‰) Monthly monthly payment: 2151.01 yuan Total interest: 176241.89 yuan ☆ According to provident fund loan, equal principal Calculated annual interest rate: 4.5% (monthly interest rate 3.75‰) First month's monthly payment: 2691.67 yuan Decreasing month by month: 5.31 yuan Last month's monthly payment: 1421.98 yuan Total interest: 153637.5 yuan Equal principal and interest repayment method: monthly monthly payment = [ Loan principal x monthly interest rate Interest rate)^Number of repayment months-(1-month interest rate)^(Repayment month serial number-1)〕÷[(1-month interest rate)^Number of repayment months-1] Monthly principal payable = loan principal × month Interest Rate Monthly interest rate = annual interest rate ÷ 1215^4 = 15 × 15 × 15 × 15 (the 4th power of 15, which means multiplying 4 15s) Additional notes: The repayment calculation method for provident fund loans and commercial loans is the same, only applicable Just different loan interest rates. Equal principal repayment method: monthly monthly payment = (loan principal ÷ number of repayment months) (loan principal - cumulative amount of repaid principal) × monthly interest rate monthly principal payable = Loan principal ÷ Number of repayment months Monthly interest payable = Remaining principal × Monthly interest rate = (Loan principal - Cumulative amount of repaid principal) × Monthly interest rate Monthly monthly payment reduction amount = Monthly principal payable × Monthly interest rate = loan principal ÷ number of repayment months × monthly interest rate Total interest = [(total loan amount ÷ number of repayment months total loan amount × monthly interest rate) total loan amount ÷ number of repayment months × (1-month interest rate)] ÷ 2×number of repayment months - total loan amount Description: monthly interest rate = annual interest rate ÷ 1215^4 = 15 The repayment calculation method is the same as that of a commercial loan, only different loan interest rates apply.