Current location - Loan Platform Complete Network - Bank loan - Hello, I borrowed 1.3 million, and I am going to borrow it for 7 years, with an annual interest rate of 4.9%. How much do I have to pay back every month? Thank you.
Hello, I borrowed 1.3 million, and I am going to borrow it for 7 years, with an annual interest rate of 4.9%. How much do I have to pay back every month? Thank you.
The calculation formula of monthly repayment amount is as follows:

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

The loan amount is 6,543,800 yuan+0.3 million yuan.

The loan term is 7 years.

The annual interest rate is 4.9%

The total repayment amount is 153829.7 yuan.

The total interest is 23,829.7 yuan.

Monthly repayment 183 1.35438+0 yuan.

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