The simplest calculation of equal principal and interest, the calculation of equal principal and equ

The formula for calculating equal principal and interest is: monthly repayment amount = [loan principal monthly interest rate.

1+Monthly Interest Rate) Number of Repayment Months] [1+Monthly Interest Rate) Number of Repayment Months 1].

Equal repayment of principal and interest.

That is, the total principal amount and the total interest of the mortgage loan are added and then evenly distributed to each month of the repayment period, and the monthly repayment amount is fixed, but the proportion of principal in the monthly repayment amount increases month by month, and the proportion of interest decreases month by month.

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1. The calculation method of equal principal and interest repayment is as follows: monthly repayment amount of equal principal and interest = loan principal x monthly interest rate x (1 + monthly interest rate) number of repayment months] [(1 + monthly interest rate) number of repayment months - 1.

2. Equal principal and interest repayment is one of the ways to repay the mortgage, specifically, the loan principal plus the interest generated, and then evenly divided into each month during the repayment period, that is, a fixed amount must be repaid every month.

What is Equal Principal and Interest? "/>

Equal principal and interest refers to the repayment method of a loan, which refers to the repayment of the same amount of loan (including principal and interest) every month during the repayment period.

Equal principal and interest are different from equal principal, although the monthly repayment amount may be lower than the amount of equal principal repayment at the beginning of the repayment, but the final interest repayment will be higher than the equal principal repayment method, which is often used by banks.

Equal principal and interest loans are calculated at compound interest rates. At the settlement time of each instalment, the interest accrued on the remaining principal amount is calculated together with the remaining principal amount (loan balance), which means that the unpaid interest is also accrued.

The monthly repayment amount is the same, in essence, the proportion of principal increases month by month, the proportion of interest decreases month by month, and the monthly repayment amount remains unchanged, that is, in the distribution ratio of "principal and interest" of the monthly payment, the proportion of interest repaid in the first half of the period is large and the proportion of principal is small. After the repayment period is more than halfway, it gradually turns into a large principal ratio and a small interest ratio.

Interest is calculated on a loan of equal principal using a simple interest rate method. At the settlement time of each instalment, it only accrues interest on the remaining principal (loan balance), which means that the unpaid loan interest is not calculated as interest together with the unpaid loan balance, but only the principal is calculated as interest.

The monthly repayment amount decreases, showing a state of decreasing month by month; It is to divide the loan principal evenly according to the total number of months of repayment, plus the interest of the remaining principal in the previous period, so as to form a monthly repayment, so the repayment amount of the first month of the equal principal method is the most, and then decreases month by month, and the more you repay, the less you pay.

Compared with the two, when the loan term, amount and interest rate are the same, the amount repaid by the equal principal repayment method is greater than the equal principal and interest each month at the initial stage of repayment, but the monthly repayment amount is less than the equal principal and interest in the later stage. That is, the equal principal repayment method will save the loan interest expenses based on the calculation of the entire repayment period.

Generally speaking, the equal principal repayment method is suitable for borrowers who have a fixed economic foundation, can bear greater repayment pressure in the early stage, and have early repayment planning. The equal principal and interest repayment method is convenient for arranging income and expenditure because the same amount is repaid every month, and it is suitable for borrowers whose economic conditions do not allow excessive investment in early repayment and whose income is in a relatively stable state.

Equal Principal Loan Calculation Formula:

Monthly repayment amount = (loan principal number of repayment months) + (principal amount - cumulative amount of principal repaid) monthly interest rate.

Calculation of equal principal and interest:

P: Loan principal, R: Monthly interest rate, N: Number of repayment periods, Attached: Monthly interest rate = Annual interest rate 12

Provident fund loans are 3.5%.

1. "Equal Rolling (Principal and Interest) Repayment Method" means that the borrower repays the principal and interest of the loan in equal amounts every month during the loan period; The calculation formula is as follows:

Interest paid monthly Remaining principal x monthly interest rate of the loan;

Monthly Principal Repayment Monthly Principal Payment - Interest paid monthly.

2. "Equal Principal Repayment Method"During the loan period, the principal repaid in the monthly payment remains unchanged, the interest and rent refer to the repayment method that decreases month by month, and the monthly payment decreases month by month.

Calculation method of monthly payment by equal principal repayment method:

Monthly principal repayment (unchanged) = total loan amount Total number of months of repayment.

Monthly interest payable (decreasing) = remaining principal * monthly interest rate.

Monthly repayment (decreasing) = monthly principal repayment + monthly interest repayment.

Equal principal and interest refers to the repayment method of a home loan, which is to repay the same amount of loan (including principal and interest) every month during the repayment period. The formula for calculating the monthly repayment amount is as follows: [Loan Principal Monthly Interest Rate (1+Monthly Interest Rate) Number of Repayment Months] [1+Monthly Interest Rate) Number of Repayment Months 1].

The equal principal and interest repayment method in loans, and the formula for calculating equal principal and interest is derived in detail.

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Trial calculation. If there is a China Merchants Bank in the city, you can try to apply for a loan through China Merchants Bank, and the information of the execution interest rate, amount, loan term and loan repayment method of your specific application for the loan requires the handling bank to review your comprehensive information after you apply for the loan, and the loan can only be determined after the loan is approved.

Please call 95555 and select 3 Personal Customer Service - 3-3-8 to enter the manual service to provide the purpose of the loan and the city to learn more about the required information.

Equal principal and interest calculation formula: Loan principal Monthly interest rate (1 + monthly interest rate) Number of repayment months 1 + monthly interest rate) Number of repayment months -1

The formula for calculating equal principal amount: monthly repayment amount = (loan principal number of repayment months) + (principal - cumulative amount of principal repaid) monthly interest rate.

Equal principal and interest refers to the repayment method of a loan. Equal principal and interest is the repayment of the same amount of loan (including principal and interest) every month during the repayment period.

The calculation method of equal principal and interest is as follows:

Concept introduction: The equal principal and interest repayment method means that the borrower repays the loan principal and interest in equal amounts every month, in which the monthly loan interest is calculated according to the remaining loan principal at the beginning of the month and settled month by month. Since the monthly repayment amount is equal, the principal amount of the loan will be less after deducting the monthly interest in the initial monthly repayment of the loan. In the later stage of the loan, due to the continuous reduction of the loan principal and the continuous reduction of the loan interest in the monthly repayment, the monthly repayment of the loan principal is more.

This repayment method actually occupies a larger number of loans and occupies a longer period of time, and it is also convenient for borrowers to reasonably arrange their monthly life and financial management (such as renting a house, etc.), which is undoubtedly the best choice for those who are proficient in investment and good at "making money with money".

The calculation formula of equal principal and interest repayment: repayment amount per installment of equal principal and interest repayment method = loan principal and interest rate (1 + interest rate) loan period [1 + interest rate) loan period - 1].

Calculation formula: the known loan amount is A, the monthly interest rate is i, the annual interest rate is i, the number of repayment months is n, the monthly repayment amount is B, and the total repayment interest is Y

1：i=12×i

2：y=n×b－a

3: The interest on the first month's repayment is: a i

The interest for the second month is: a (b a i) i=(a i b) (1+i) 1+b

The interest rate for the third month is: i=(a i b) (1+i) 2+b

The interest on the fourth month is: =(a i b) (1+i) 3+b

The interest on the nth month is: =(a i b) (1+i) (n 1)+b

Find the sum of the above as: y=(a i b) 1+i) n 1 i+n b

Let the loan amount be A, the monthly interest rate is i, the annual interest rate is i, the number of repayment months is n, the monthly repayment amount is B, and the total repayment interest is Y

1：i=12×i

2：y=n×b－a

3: The interest on the first month's repayment is: a i

The interest for the second month is: a (b a i) i=(a i b) (1+i) 1+b

The interest for the third month is: i=(a i b) (1+i) 2+bThe interest for the fourth month is: =(a i b) (1+i) 3+b....

The repayment interest in the nth month is: =(a i b) (1+i) (n 1)+b and the sum of the above is: y=(a i b) 1+i) n 1 i+n b4: the above two y values are equal.

Average Monthly Repayment: Interest Paid:

Total Repayment: Note: A b denotes a to the B power.

Based on this formula, you can make a mortgage calculator in excel.

Equal Principal Loan Calculation Formula:

Monthly repayment amount = (loan principal number of repayment months) + (principal amount - cumulative amount of principal repaid) monthly interest rate.

Calculation of equal principal and interest:

P: Loan principal, R: Monthly interest rate, N: Number of repayment periods, Attached: Monthly interest rate = Annual interest rate 12

Hello dear. The formula table of equal principal and interest calculation is:1

Monthly repayment amount (p) = loan principal monthly interest rate (1 + monthly interest rate) of the loan period] [1 + monthly interest rate of the loan number of loan instalments - 1] 2Monthly Principal Repayment (B) = Loan Principal Number of Loan Instalments3Interest paid monthly (i) = Remaining loan principal Monthly interest rate 4

The remaining loan principal (L) of the first month of cancellation (L) = the number of loan tenors of the loan principal (1 + monthly interest rate) - the monthly repayment amount ((1 + monthly interest rate) n-1 monthly interest rate].