Equal principal and interest, the same monthly repayment amount, 360,000 20-year total interest of 253,029.99 yuan, and the monthly repayment amount of 2554.29 yuan.
The average capital pays the same amount of principal every month. The total interest of 360,000 yuan for 20 years is 212,562 yuan. In the first year, it was still around 3,200 per month, and in the second year, it was still more than 3 100 per month, and only more than 1500 per month.
Matching principal and interest method: loan principal: 360,000 yuan, assuming annual interest rate: 4.9 1666%, loan term: 20 years; Monthly repayment of principal and interest: 2,359.3 yuan, total repayment of principal and interest: 566,232 yuan, * * interest payable: 206,232 yuan. The interest paid in 1 month is:1475; The first 1 month principal repayment is: 884.3; Since then, the monthly interest repayment amount has decreased and the principal has increased. (without considering the adjustment of interest rate in the middle)
1, bank loan
The lender applied for a loan of 200,000 yuan in the bank. At present, the lowest one-year loan interest rate of the bank is 4.35%, and the highest one is not more than 24% of the national benchmark interest rate, that is, 4.77%. Then, according to this interest rate memory, the lender applied for a loan of 200,000 yuan in the bank, and the annual interest was about 8,700-9,540 yuan.
However, the loan interest rate of each bank is different, and the loan type chosen by the lender is different, and the loan interest rate finally applied for will be different. For example, the interest rate of car loans is usually higher than that of credit loans, and the interest rate of decoration loans is usually higher than that of credit loans.
2. Mobile phone microfinance
The interest rate of mobile phone microfinance in the market is generally higher than that of banks, which is about 24%-36% higher than the latest benchmark interest rate. The annual interest rate of many small loan software is around 10%-20%. For example, the loan under Alipay generally has an annual interest rate of around 17.6%.
In this way, if the lender applies for a small mobile phone loan, then the loan is 200 thousand, and the annual interest is about 20 thousand-40 thousand.
If the repayment method adopted by the lender is average capital, other methods are needed to calculate the loan interest rate. Generally speaking, the annual interest of a loan of 200,000 yuan still needs to be calculated according to the actual situation.