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Excuse me, what is the monthly repayment for a renovation loan of 200,000, 6% over 5 years?

If you are applying for a loan from China Merchants Bank, you need to know the loan principal, loan term, repayment method, and annual interest rate of the loan to calculate the loan interest or monthly repayment amount. If the above information is confirmed, you can try to calculate it through our bank's loan calculator. Log in to the lower right corner of China Merchants Bank's official website to find the "Financial Calculator" - "Personal Loan Calculator" to calculate.

The annual interest rate is calculated at 7.2/year.