Loan term: 15 years (180 months)
Four situations in which the interest rate remains unchanged and the loan is fully paid off:
☆ Calculated by commercial loans with equal principal and interest.
Annual interest rate: 6.55% (monthly interest rate 5.45333 ‰)
Monthly payment: 1922.49 yuan.
Total interest: 126047.93 yuan.
☆ Calculated by commercial loans and average capital.
Annual interest rate: 6.55% (monthly interest rate 5.45333 ‰)
Monthly payment for the first month: 2423.06 yuan.
Decreasing month by month: 6.67 yuan
Monthly payment at the end of the month: 1228.89 yuan.
Total interest: 108675.42 yuan.
☆ Calculated according to the provident fund loan with equal principal and interest.
Annual interest rate: 4.5% (monthly interest rate 3.75‰)
Monthly payment: 1682.99 yuan.
Total interest: 82,937.34 yuan.
☆ Calculated by provident fund loans and average capital.
Annual interest rate: 4.5% (monthly interest rate 3.75‰)
Monthly payment for the first month: 2047.22 yuan.
Decreasing month by month: 4.58 yuan
Payment last month: 1226+0 yuan.
Total interest: 74,662.5 yuan