Current location - Loan Platform Complete Network - Loan intermediary - What does the interest of pterosaur loan 1: 25 mean? How much does it cost to repay the loan after 60 thousand years?
What does the interest of pterosaur loan 1: 25 mean? How much does it cost to repay the loan after 60 thousand years?
Generally, the interest calculated by integral is monthly interest, the monthly interest rate is 1.25 and the annualized interest rate is 15%. If 60 thousand is,

One-time repayment

The interest is 9000 yuan. If the principal and interest are repaid monthly (

Average capital plus interest

), the normal total interest should be 4986 yuan.

Related articles
  • After the car loan is passed
  • What's the difference between a balance of 0 and settled?
  • How to write the transfer agreement
  • What if the mobile phone always receives the loan information?
  • What does duration mean?
  • Recently, I have been receiving verification codes for various loans.
  • What do you think of the central bank's decision to reduce the deposit reserve ratio?
  • Is it better for each institution to have more loan balance per capita?
  • Who is more risky, small loans or large loans?
  • What exactly does the financing work do?

    • copyright 2024 Loan Platform Complete Network All rights reserved