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How to calculate the interest of early repayment of the Agricultural Bank of China Le Fenyi Tesla?
Lefenyi is a credit product under the Agricultural Bank of China, with a maximum loan amount of 300,000 yuan and a maximum loan period of 5 years, which can be repaid in monthly installments.

Lefenyi supports prepayment, but prepayment requires interest fees. The interest calculation formula of Lefenyi is: installment principal payable in each installment = total installment principal/number of installments. Lefen Easy Repayment is to automatically merge the repayment amount of each installment into the credit card account of Agricultural Bank of China, and return the principal and installment fee every month.

It should be noted that after Lefenyi's application for prepayment is passed, it is necessary to pay the prepayment amount and the corresponding handling fee in one lump sum, and the installment handling fee included in the credit card bill before applying for prepayment will not be refunded.