Related to the implementation interest rate and repayment method, the monthly interest rate is 5.88%/ 12,15,000, and the principal and interest are repaid at the current general annual interest rate of 5.88% for five years or more (the monthly repayment amount is the same):
Monthly repayment amount =150000 * 5.88%/12 * (1+5.88%/12) 360/((1+5.88%//kloc-)
Total interest = 887.79 * 360-150000 =169604.40.
Description: 360 is the power of 360.