Calculated at the loan interest rate. Loans need to be borrowed with interest. When calculating the monthly payment, it needs to be done through relevant information. To repay a loan of 690,000 yuan, it is necessary to repay 654.38+0.5 million yuan in advance. Its monthly payment needs to be calculated according to the loan amount and loan term, and it needs to be calculated according to the loan interest rate. Monthly payment is the repayment amount paid to the loan bank every month.