I borrowed 200,000 yuan from China Bank. The current interest rate is 4.86% and the monthly interest rate is 4.05%. How much interest should I pay on the loan for six months? Only people who know how to get here. ... The loan interest is calculated according to the actual number of days, so there should be a specific loan date. Suppose you borrow money on May 5, 20 10, and the loan expires on October 4 165438+ and returns it on time, then your borrowing days are: 27+30+31+365438+30+365438 = The calculation formula is: interest = principal x monthly interest rate x actual days /30 (monthly interest rate is 4.05‰, not 4.05%). The loan interest is calculated from the loan date, and no interest is calculated on the repayment date. I'll give you a formula for calculating the loan interest rate, and you can work it out yourself: interest = principal x monthly interest rate x months/1000, and the interest should be 4860 yuan. I hope my answer will make you understand and help you. If you are satisfied, please adopt it.