There are four repayment methods for personal loans. What kind of repayment method is good? First, let's look at how these repayment methods are calculated.

1, interest before principal.

Interest comes first, then funds. Literally, it can be understood as paying interest first, and then the last person pays off the principal and interest. In order to know more clearly which of the four ways is the most economical, let's take 10 thousand yuan as an example. The term is 6 months, and the loan interest rate is 12%. So how much interest do you have to pay? The interest before the principal is 600 yuan.

2. One-time repayment of principal and interest.

One-time repayment of principal and interest means that you don't need to pay any fees in the early stage, and then repay the principal and interest in one lump sum on the repayment date. This repayment method is relatively easy in the early stage, but the pressure will be greater when it is finally repaid. Take the previous 6,543,800 yuan as an example. Other factors are the same, so how much interest should be paid by the red repayment method? The same is true in 600 yuan, and the interest before the principal is the same.

3. Average capital.

In the average capital, the principal of each period remains unchanged, the interest decreases month by month, and the number of monthly repayments decreases. The same is 1 10,000 yuan, so you choose to repay from the average capital, and finally you need to repay the interest from 350 yuan.

4. Equal principal and interest.

This repayment method is the most common repayment method, with the principal of each installment decreasing month by month and the monthly repayment amount unchanged. 1 10,000 yuan, choose the equal principal and interest repayment, and finally pay 354 yuan of interest.

As can be seen from the above four repayment methods, the interest of the first two repayment methods is twice that of the last two repayment methods. So many people choose the latter two repayment methods, which are also two commonly used repayment methods. The interest amount of the latter two repayment methods is not much different. Of course, if the loan amount is large, the interest amount gap is also large. However, the latter two repayment methods have their own advantages and disadvantages, which need careful consideration.