The first period is one month, and the second period is 12, 12 months.
There are two repayment methods for bank loans:
1. Equal principal and interest: during the repayment period, the same amount of loan (including principal and interest) will be repaid every month.
2. Average capital: During the repayment period, the total amount of loans is divided equally, and the same amount of principal and interest generated by the remaining loans in the current month are repaid every month. In this way, because the monthly repayment amount is fixed and the interest is less and less, the borrower is under great pressure to repay at first, but as time goes on, the monthly repayment amount is less and less.
Second, how much is 1600 flower buds a month 12?
If 12 is selected and the rate is 7.5%, then 1600 yuan is divided into 12 (i.e. 1 year), and the total interest is: 1600×7.5%= 120 yuan. Interest shall be paid in equal or lump sum on 12 month. However, the flower garden will adjust the installment rate at any time according to the market situation, so the specific charging standard of the installment fee should be based on the page display.
3. How many months does 12 installment mean in bank loans?
The first period is one month, and the second period is 12, 12 months.
There are two repayment methods for bank loans:
1. Equal principal and interest: during the repayment period, the same amount of loan (including principal and interest) will be repaid every month.
2. Average capital: During the repayment period, the total amount of loans is divided equally, and the same amount of principal and interest generated by the remaining loans in the current month are repaid every month. In this way, because the monthly repayment amount is fixed and the interest is less and less, the borrower is under great pressure to repay at first, but as time goes on, the monthly repayment amount is less and less.
4. How many months does 12 installment mean in bank loans?
The first period is one month, and the second period is 12, 12 months. You can pay by credit card of China Bank, and you can pay by telephone in installments within two days.