The bank mortgage loan is 220,000 yuan, with an annual interest rate of 65,438+02%. It is required to be repaid in six years, and it is planned to be repaid in equal amount at the end of each year. How much is the principal and interest paid each year? The annual interest rate is 12%.

226,000 years, annual repayment amount:

220000 *12% * (1+12%) 6/[(1+12%) 6-1] = 53509.66 yuan.

Explanation: 6 is the power of 6.

The repayment interest in the first year: 220,000 *12% = 26,400, and the repayment principal is 53,509.66-26,400 = 27109.66.

Second year interest: (220000 *12%-53509.66) * (1+12%)+53509.66 = 23146.84.

Principal: 53509.66-23146.84 = 30362.82.

Interest in the third year: (220000 *12%-53509.66) * (1+12%) 2+53509.66 =19503.30.

Interest for the fourth year: (220000 *12%-53509.66) * (1+12%) 3+53509.66 =15422.54.

Interest for the fifth year: (220000 *12%-53509.66) * (1+12%) 4+53509.66 =10852.09.

Interest for the sixth year: (220000 *12%-53509.66) * (1+12%) 5+53509.66 = 5377.18.

The annual principal is calculated as: 53,509.66-current year interest.