Explanation:
1. The monthly repayment amount of 29 17 yuan is calculated according to the loan amount of 60,000 yuan, loan term and interest rate. Usually, the more loans, the longer the repayment cycle, and the monthly repayment amount will increase accordingly.
2. The service fee accounts for 34.5% of the repayment amount (1006/2917), which is reasonable in some loan products. The service fee is used to pay management fees, consulting fees, etc. In the process of loan, the specific proportion may be different for different financial institutions and loan products.
3. The cost structure of loan products usually includes interest, service fees and handling fees. Reasonable allocation of expenses in the overall repayment amount can avoid concentrating all expenses on one-time repayment, which is more friendly to borrowers.
Summary:
Judging from the information provided, the ratio of monthly repayment amount to service fee seems reasonable. However, the specific loan terms and fee structure may be different for different financial institutions. It is suggested that the borrower read the relevant clauses carefully before signing the contract to ensure a clear understanding of the specific cost composition and repayment method of the loan.