Repayment Comparison

Equal Payment vs Equal Principal — which is better?

10k CNY
110k CNY100010k CNY
Loan Term
%
ComparisonEqual PaymentEqual Principal
First Month¥4,270.16¥5,361.11
Last Month¥4,270.16¥2,784.95
Monthly Range¥4,270.16 (Fixed)¥5,361.11 ~ ¥2,784.95
Total Payment153.73w146.63w
Total Interest53.73w46.63w

Equal Principal saves you7.10w(but higher initial payments)