Suppose I borrowed 500,000 yuan to buy a bitcoin
On Oriental Fortune, I used the ready-made personal loan calculator to calculate it. The data is for reference only and is mainly for entertainment.
Loan amount: 500,000 yuan
Repayment period: 20 years (240 months)
Repayment method: equal principal and interest repayment
Loan interest rate: 6.15%
Loan time: October 2024 (repayment starts in November)
Monthly repayment: 3,625 yuan
Accumulated interest: 370,000 yuan
Total repayment amount: 870,000 yuan
Repayment idea: Sell coins to repay
In short, the debt will not change, the interest rate will not change, and the total repayment amount will not change.