1.95 million commercial loan, paid off in 30 years. According to the latest benchmark interest rate of 4.9, the monthly payment is 504 1.9 yuan, with total interest of 865,085.38 yuan and total repayment of 1.8 1.5085.38 yuan.

2. The formula for calculating the monthly repayment amount of equal principal and interest is as follows:

[loan principal × monthly interest rate ×( 1+ monthly interest rate) repayment months ]/[( 1+ monthly interest rate) repayment months-1]

Third, if you meet the requirements of provident fund loans, you can choose provident fund loans because the interest rate of provident fund loans is lower.