How to calculate housing provident fund loan interest? My loan is 10.5 million yuan, and it will be paid off in10, with a monthly interest of 4.5%. Please tell me the principal and interest, and the monthly repayment. The answer is as follows:

The provident fund loan is 6.5438+0.5 million yuan, with a term of 654.38+00 years, and the monthly interest rate is 4.50‰ (the annual interest rate is 5.40%, which is higher than the benchmark interest rate of the provident fund loan and has gone up). There are two ways to repay:

1. Equal principal and interest method: monthly repayment amount 1620.47 yuan (same every month), total principal and interest 194456.60 yuan, of which interest is 4456.60 yuan.

2. Average capital method: the monthly repayment amount is different. The repayment amount in the first month is 1925.00 yuan (it will decrease month by month, with a monthly decrease of 5.63 yuan), and the repayment amount in the last month is 1255.63 yuan, and the total principal and interest is 190837.50 yuan, of which the interest is 40837.50 yuan.

Compared with the above two methods, the average capital method is 36 19. 10 yuan less than the matching principal and interest method. The specific repayment method can be selected when the bank handles the loan procedures.

The above data are calculated under the assumption that the interest rate will remain unchanged throughout the repayment period.