1. Monthly equal repayment is equal repayment of principal and interest, that is, the borrower repays the loan principal and interest with the same amount every month, and the monthly loan interest is calculated according to the remaining loan principal at the beginning of the month and settled every month. The total loan amount is 200,000.00 yuan;

The repayment period is 60 months;

Monthly repayment of 3903.87 yuan;

Total interest paid is 34,232.6438+01yuan;

The total principal and interest is 234,232.6438+01yuan.

2. Decreasing monthly repayment is the average capital repayment method, that is, the principal remains unchanged, the interest decreases month by month, and the number of monthly repayments decreases; Because the monthly repayment amount is fixed and the interest is getting less and less, the lender is under great pressure to repay at first, but as time goes on, the monthly repayment amount is getting less and less.

The total loan amount is 200,000.00 yuan;

The repayment period is 60 months;

Repay 4400.00 yuan in the first month.

Yuan decreases month by month: 17.78 yuan;

A total of 32,533.33 yuan of interest was paid;

The total principal and interest is 232,533.33 yuan.