How to calculate the interest of bank loan1.40 thousand for three to five years? How much interest is paid every month, and how much interest is paid?
Bank interest is relatively low, ranging from 3-8%. The general repayment method is equal principal and interest. If it is 654.38+0.4 million yuan, the monthly interest is about 400-654.38+0.200 yuan. If the principal is added, the monthly repayment will be about 4,300-5,000 yuan for three years and 2,700-3,500 yuan for five years. If you don't understand, we'll discuss it.