If the installment handling fee is collected in one lump sum, the first installment repayment = 8000/12 + installment handling fee 8000*7.8% = 1290.67, and the subsequent 11 installments will repay 666.67 each;

If it is collected in installments, repayment per installment = 8000/12 + installment handling fee 8000*0.7% = 722.67;