Loan Calculator

Operation guide:

1. Enter the loan amount (RMB), annual interest rate (%), and repayment period (years).

2. Click the "Calculate Monthly Repayment Amount" button to view the results.

Loan calculation formula:

Monthly repayment amount=[loan amount x monthly interest rate x (1+monthly interest rate) ^ number of repayment months]/[(1+monthly interest rate) ^ number of repayment months -1]

Among them, monthly interest rate=annual interest rate/12/100, repayment months=repayment period x 12.