Lend 240,000 yuan to buy a house with a fixed term of 10 year. The annual interest rate remains unchanged at 5%. If you choose equal principal and interest, how much should you pay back every month? Thank you. Tell me how to calculate. The monthly interest is 5%/ 12.

Monthly repayment is 246,5438+00 years (65,438+020 months):

240000 * 5%/ 12 * ( 1+5%/ 12) 120/[( 1+5%/ 12) 120]

Description: 120 is the power of 120.