I borrowed 280,000 yuan from Dingxi Construction Bank in July and paid it back in 2005. How much is the monthly mortgage?

Five years and above are calculated at the benchmark mortgage interest rate of 5.4%.

1. Equal principal and interest repayment method

The total loan amount is 280,000.00 yuan.

Number of repayment months:1August

The monthly repayment is 2273.00 yuan.

Total interest paid 129, 140.45 yuan.

The total principal and interest is 409 140.45 yuan.

2. average capital Repayment Law

The total loan amount is 280,000.00 yuan.

Number of repayment months:1August

The repayment in the first month is 2865438 yuan +05.56 yuan.

Decreasing monthly: 7 yuan

Total interest paid 1 14030.00 yuan.

The total principal and interest is 394,030.00 yuan.