At present, the People's Bank of China announced that the annual interest rate of loans with a term of more than five years is 4.9%. According to the benchmark interest rate, the repayment method is "equal principal and interest repayment" under the condition that the interest rate remains unchanged. The total interest is 80078.62 yuan, and the monthly repayment amount is 3 167.32 yuan. The "average capital repayment method" is adopted. The total interest is 74 1 12.5 yuan, and the monthly repayment amount decreases month by month.

If you are going to apply for a loan at China Merchants Bank, the "loan interest rate" that you can actually apply for needs to be determined by combining the comprehensive pricing of the business type, credit status and guarantee method you apply for, and only after being approved by the handling outlets.