How much is the ten-year interest on a 400,000 loan?

The ten-year interest on the loan of 400,000 yuan is 1300 10 yuan. The commercial loan is 400,000 yuan, with an annual interest rate of 4.9% and interest of 1300 10 yuan. There are two repayment methods of loans: matching principal and interest repayment method and average capital repayment method. Different repayment methods will lead to different monthly payments after the loan. According to the benchmark interest rate of the central bank, the annual interest rate of commercial loans over five years is 4.90%; The monthly payment of 400,000 yuan in 65,438+00 is calculated as follows: equal principal and interest repayment method for commercial loans; the monthly payment of 400,000 yuan in 65,438+00 is 4,465,438+06.75 yuan. The repayment method of the average capital of 400,000 yuan is 10, and the monthly payment is 5293.33 yuan, and then it will decrease month by month. There are two repayment methods of mortgage: equal principal and interest repayment method and average principal repayment method. Different repayment methods will lead to different monthly payments after the loan. The calculation method of the monthly repayment amount of the two loan methods is as follows: equal principal and interest repayment method = [loan principal × monthly interest rate ×( 1+ monthly interest rate) repayment months ]⊙[( 1+ monthly interest rate]]. Average principal repayment method Monthly payment = (loan principal ÷ repayment months)+(loan principal-accumulated principal repaid) × monthly interest rate. Equal principal repayment means that the principal repaid every month is the same, and the interest is gradually decreasing.