How much is the monthly payment for 36 installments of a car loan of RMB 60,000?

60000/36=1667, at least 1667 yuan must be paid every month. If there is interest, the interest will be paid according to the agreed interest rate. The formula for calculating the monthly repayment amount of the equal principal repayment method is as follows: among them, monthly principal repayment = loan amount/number of repayment months; monthly interest payment = (principal - accumulated principal repaid) × monthly interest rate .

Notes

When you see advertising slogans such as "zero down payment", "zero interest rate", "1 yuan loan to buy a car" in the car market, don't be happy just yet. It’s too early and you need to be more vigilant and don’t fall into the traps designed by dealers and loan intermediaries.

These car loan discounts such as "zero down payment", "zero interest rate", and "1 yuan loan to buy a car" seem to be real and will attract the attention of many consumers. These preferential policies look very tempting. People, in fact, most of the discounts are based on raising car prices and increasing agency fees, and some of them are inevitably fraudulent.