Monthly payment (yu è g ō ng) refers to the payment in the bank of IsraelmortgagemodepurchaseFor commercial housing, motor vehicles, etc., according to the provisions of the loan agreement, the lender shall pay the monthly repayment amount to the lending bank every month during the repayment period, including the principal part and corresponding interest.
Equal principal: the monthly repayment amount decreases month by month, in which the principal remains unchanged while the interest decreases month by month.During the repayment period, the total interest expense paid is less thanEqual principal and interest method, but the amount of early repayment (including principal and interest) is higher thanEqual principal and interestRepayment method.
