First, the calculation of liquidated damages shall be carried out in accordance with the terms agreed in the contract. When signing a loan contract, the penalty for overdue repayment is usually clearly stipulated. If it is stipulated in the contract that a penalty of 5,400 yuan needs to be paid, it shall be paid on time as agreed in the contract.
Second, the purpose of liquidated damages is to strengthen the borrower's sense of responsibility for timely repayment and make up for the losses caused by overdue repayment. Therefore, liquidated damages are generally calculated according to the number of days overdue and the loan amount, not according to the extent that the borrower is willing to pay.
Third, overdue repayment will adversely affect your credit history. If you choose to pay less or not, your credit record may be damaged, which will have a negative impact on future loan applications and credit ratings.
In short, according to the contract, you need to pay a penalty of 5400 yuan. For overdue repayment, the best solution is to pay liquidated damages as soon as possible to avoid adverse effects on personal credit records and future loan applications.
I hope the above answers are helpful to you. For more information, please consult relevant lending institutions or professionals.