1. The repayment amount of the first installment = 500 The amount to be repaid in each installment (the installment amount is 7,500 divided by your number of installments) The installment handling fee; the repayment amount of the second installment = the consumption amount of the previous installment per The installment handling fee will be charged on the amount due in each installment until the installments are repaid.

2. Examples

Assume it is divided into three installments, then the principal payable in each installment is 2,500 yuan; assuming it is divided into three installments, the handling fee for each installment is 0.5. Then the handling fee for each period is 2500×0.5=12.5 yuan; the collection of handling fees for the three periods is 37.5 yuan.

The repayment amount for the first period is 500 plus 2500 plus 12.5, which is 3012.5 yuan; the repayment amount for each subsequent period is 2500 plus 12.5, which is 2512.5 yuan.

Extended information

Credit card installment fees of major banks

Installation fees of ICBC are divided into 3 installments of 1.65; 6 installments of 3.6; 9 installments of 5.4; 12 installments of 7.2; 18 Period 11.7; 24 periods 15.6; one-time handling fee

China Construction Bank divides it into 3 periods, the monthly handling fee is 0.7; 6 periods 0.55; 12 periods also 0.55; handling fees are charged monthly

Agricultural Bank of China has a fixed fee rate of 0.6, and charges monthly fees

Bank of China has 3 installments of 1.95; 6 installments of 3.6; 9 installments of 5.4; 12 installments of 7.2; 18 installments of 11.7; and 24 installments. 15; one-time charging fee

China Merchants Bank charges 0.9 in 3 installments; 0.75 in 6 installments; 0.66 in 12 installments; charges one-time handling fee

Bank of Communications charges 3 installments and 6 installments, 12 and 24 installments are all 0.72, and the handling fee is charged monthly

China Everbright Bank pays 0.5 of the total installment amount for each installment, and the handling fee is charged monthly

Industrial Bank is divided into 3 installments , 2.4; 6 periods 3.9; 12 periods 7.8; 18 periods 11.7; 24 periods 15.6; a one-time handling fee

Minsheng Bank is divided into 3 periods, and the monthly handling fee is 0.82; 6 periods 0.7; 9 0.67 per period, 0.67 for 12th period; 0.67 for 18th period, 0.7 for 24th period; fees are charged monthly,

China CITIC Bank is divided into 3 periods, the monthly handling fee is 0.8; 6th period 0.8; 9th period 0.76; 12th period 0.73; 0.75 for 18 periods; 0.75 for 24 periods; ￥20,000 (including ￥20,000) and below (instalment amount) A one-time handling fee will be charged, ￥20,001 and above (instalment amount) shall be paid in installments according to the number of installments

Ping An Bank is divided into 2 and 3 installments, and the monthly handling fee is 0.7; divided into 4 to 6 installments, 0.68; divided into 7 to 9 installments, 0.66; divided into 10 to 12 installments, 0.64, and the handling fee is charged monthly

References Baidu Encyclopedia Credit Card Bill Installment