Equal principal repayment method monthly repayment plan 25 50,000 20 years

Calculation formula: Monthly repayment amount = loan principal [monthly interest rate (1 + monthly interest rate) number of repayment months].

Example: The basic conditions for setting up a loan are:

That is, the lender applies for the first housing loan, enjoys the preferential policy of 15% lower benchmark interest rate, May 15, 2008 is the loan disbursement date, the loan amount is 300,000 yuan, and the loan term is 20 years.

Equal principal and interest: repayment interest of 243616 yuan.

In this case, a 20-year mortgage of 300,000 yuan is calculated according to the preferential interest rate of the loan for more than 5 years, and the repayment amount per month is yuan (the monthly repayment principal is from less to more, and the interest is from more to less during the repayment period), and the bank loan interest is repaid 243616 yuan after 20 years (240 periods), and the total principal and interest are 543616 yuan.

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. It is not the same concept as equal principal repayment, although the monthly repayment amount may be lower than the equal principal repayment method 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 repayment formula: monthly repayment amount = (loan principal number of repayment months) + (loan principal - cumulative amount of repaid principal) monthly interest rate.

Equal principal repayment is to divide the loan principal evenly among each repayment month, the monthly repayment principal is the same, and the repayment interest is reduced month by month.

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

Monthly Principal = Total Principal Number of months of repayment.

Monthly Interest = (Principal - Accumulated Principal Repaid) Monthly Interest Rate.

Total Interest on Repayment = (Number of Months of Repayment + 1) Loan Amount Monthly Interest Rate 2 Total Repayment = (Number of Months of Repayment + 1) Loan Amount Monthly Interest Rate 2 + Loan Amount.

Note: In the equal principal method, people always repay the same amount of principal each month, and the interest decreases as the remaining principal decreases, so their monthly payments gradually decrease.

1.Loan of 120,000 yuan, annual interest rate, repayment period of 10 years;

Equal principal and interest: repayment after 10 years, total interest;

Equal principal: repayment after 10 years, total interest;

The difference between the two: 10 yuan, only 235 yuan a year.

2.Loan of 120,000 yuan, annual interest rate, repayment period of 20 years;

Equal principal and interest: repayment after 20 years, total interest;

Equal principal: repayment after 20 years, total interest;

The difference between the two: 20 years, only 465 yuan a year.

3.Loan of 3 million yuan, annual interest rate, repayment period of 30 years;

Equal principal and interest: repayment after 30 years, total interest;

Equal principal: repayment after 30 years, total interest;

The difference between the two is nearly 510,000 yuan, and the more loans, the longer the term, the more equal principal and interest are repaid than the equal principal.

The equal principal repayment method refers to the repayment method in which the principal repaid in each monthly payment remains unchanged, the interest decreases monthly, and the monthly payment decreases every month during the loan period.

1. The calculation method of monthly repayment of equal principal repayment method can be referred to as follows: monthly principal repayable (unchanged) = total loan amount Total number of months of repayment, monthly interest payable (decreasing) = remaining principal * monthly interest rate, monthly repayment (decreasing) = monthly principal repayable + monthly interest repayable.

2. If the equal principal repayment method is used, compared with the equal principal and interest, the pressure of the early repayment of this repayment method will be greater, and the total repayment interest will be reduced relative to the equal principal and interest.

Summary. The first month's repayment (RMB) will be repaid in increments every month thereafter.

How to calculate the equal principal loan of 450,000 yuan for 25 years and repay 200,000 yuan in advance after one year, and how much is the monthly repayment.

Hello, dear, tell the teacher your loan interest rate to help you calculate.

I also forgot about the interest rate on the loan.

You give me the normal loan rate.

Okay, the teacher will do the math for you.

Good. After one year of repayment, there is still 440586 principal remaining

After one year of repayment, there is still 440586 principal remaining

After one year of repayment, there is still 440586 principal remaining

One year after repayment.

How to calculate the equal principal loan of 450,000 yuan for 25 years and repay 200,000 yuan in advance after one year, and how much is the monthly repayment.

After one year of repayment, you have 440056 principal remaining

How do you calculate.

If you repay 200,000 yuan in advance, then you will have 240,000 yuan of principal left.

If you repay 200,000 yuan in advance, then you will have 240,000 yuan of principal left.

Equal principal and interest repayment method.

The principal amount of the loan is equal to the principal amount.

The equal principal amount will be recalculated.

432,000 equal principal amounts.

The principal amount remaining after one year of repayment.

Early repayment of 200,000 yuan, that is, a total of 232,000 remaining principal, repayment period of 24 years.

The first month's repayment (RMB) will be repaid in increments every month thereafter.

In fact, it is recommended that you repay 200,000 yuan in advance, shorten the repayment period, and keep the monthly payment unchanged.

This saves interest even more.

The above is my reply, thank you for the consultation.

The calculation formula is as follows.

1. Monthly principal repayable: a n

2. Monthly interest payable: an*i 30*dn

3. Monthly interest payable by the equal principal method = loan balance amount Annual interest rate 12Note: A loan principal, i loan monthly interest rate, n loan months.

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

Monthly principal repayment = loan principal Number of repayment months;

Monthly interest payable = remaining principal Monthly interest rate = (loan principal - accumulated amount of principal repaid) monthly interest rate;

Monthly Repayment Decrement = Monthly Principal Payable Monthly Interest Rate = Loan Principal Number of Repayment Months Monthly Interest Rate;

Total Interest = (Total Loan Amount Number of Repayment Months + Total Loan Amount Monthly Interest Rate) + Total Loan Amount Number of Repayment Months (1 + Monthly Interest Rate) 2 Number of Repayment Months - Total Loan Amount.

Characteristics of equal payment of principal repayment.

The equal principal repayment method is a repayment method that is very simple to calculate and very practical. The basic algorithm principle is to repay the loan principal in equal amounts on time during the repayment period, and at the same time pay off the interest generated by the unrepaid principal in the current period. This can be done on a monthly basis or quarterly.

Due to the requirements of bank interest settlement practices, quarterly repayment is generally adopted (e.g. Bank of China).

If you use equal principal to repay the loan, the monthly burden will be heavier than the equal principal and interest at the beginning. Especially in the case of a relatively large loan amount, the difference may be as much as 1,000 yuan. However, over time, the repayment burden gradually decreases.

This method is suitable for people who have higher incomes but already expect to have less income in the future. In fact, many middle-aged and above, after a period of career hard work, have a certain economic foundation, considering that as they get older, their income may decrease with retirement and other factors, they can choose this way to repay the loan.

Since the monthly principal repayment is fixed, and the monthly loan interest decreases month by month as the principal balance decreases, the equal principal repayment method has a large monthly repayment amount at the beginning of the loan, and then decreases month by month (monthly decreasing amount = monthly interest rate of the principal repaid in the hole). For example, if you borrow a provident fund loan of 100,000 yuan for 15 years, the monthly repayment amount of the equal repayment method is RMB, while the repayment amount of the first month of the equal principal repayment method is RMB (decreasing every month thereafter), which is higher than the former. Since the latter repaid part of the loan principal in advance, compared with the former, it actually reduces the occupation and shortens the occupation of the bank's money, of course, the total loan interest is less (the total is yuan in 10 years), and it is not that the borrower gets any additional benefits!

This repayment method is suitable for people whose living burden will become heavier and heavier (pension, medical treatment, children's education, etc.) or whose income is expected to gradually decrease.

Whether to choose the method of equal principal repayment or not, the borrower needs to consider according to his actual situation.