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Loan 1.6 million with interest rate of 5.2%. How much interest should I pay after 20 years and how much should I pay back every month?
If you borrow from China Merchants Bank, the specific monthly payment and interest need to look at your repayment method. You can make a monthly payment trial through China Merchants Bank official website or Mobile Banking, and the trial results are for reference only.

Mobile banking: log in to mobile banking and click My-All-Assistant-Financial Calculator-Loan Calculator;

China Merchants Bank Home Page: Central Financial Instrument-Personal Loan Calculator.

Enter the loan amount, annual interest rate, loan term, repayment method and other information, and try to calculate the monthly loan amount and interest.

(Reply time: 2021July 14, please refer to the latest business changes announced by China Merchants Bank in official website. )

Tips: If you have any questions in the follow-up, please feel free to contact China Merchants Bank APP@ your intimate customer service ~