Hello, how much interest can you save by changing the loan of 500 thousand from 25 years to 20 years? It depends on your loan. The interest rate of your loan is 6%, and you repay the interest of 50,000 yuan with the same principal and interest.

Specifically, the loan term is 25 years, the monthly repayment amount is 33,000, the total interest is 220 million, and the total repayment amount is 240 million. During the 20-year loan period, the monthly repayment amount is 36,000, and the total interest is 65.438+0.8 billion. The total repayment amount is 220 million, which can save about 65.438+0.35 million interest.

In addition, you can save more interest by increasing the repayment amount, reducing the loan term and changing the repayment method.

Second, if I buy a house and get a 500,000 commercial loan, how much will I pay back every month for 25 years?

The total loan amount is 500,000 yuan, the benchmark annual interest rate is 4.900%, and the loan period is 25 years.

Year: Matching principal and interest: the monthly repayment amount of principal and interest is RMB 2,893.89, and the total repayment amount is:

868 167 yuan, * * * Interest payable: 368 167 yuan. The interest paid in 1 month is: 2041.67; The first 1 month principal repayment amount is: 852.22.

3. Is the 25-year interest of 500,000 yuan for provident fund loans more than 80,000 yuan?

According to the 25-year interest of the provident fund loan of 500,000 yuan and the monthly repayment of principal and interest, the total interest for 25 years is 80,500 yuan. The interest of 500,000 25-year provident fund loans is calculated on a monthly basis. The monthly repayment amount is 23,834.39 yuan, and the total interest for 25 years is 80,500 yuan. The interest of 500,000 25-year provident fund loans is calculated on a monthly basis. The monthly repayment amount is 23,834.39 yuan, and the total interest for 25 years is 80,500 yuan. The advantage of this loan method is that the monthly repayment amount is fixed, the monthly repayment amount is the same, and the monthly repayment amount can be controlled within a certain range, making it easier for borrowers to control their financial situation.