At present, the annual interest rate of loans for 5-30 years (including 30 years) announced by the People's Bank of China is 4.9%. According to the trial calculation of the benchmark interest rate, under the condition that the interest rate remains unchanged, the average capital method calculates that the total interest is 48,5981.65 yuan, the monthly repayment amount is 38 19.94 yuan, and the total interest is 405,597.5 yuan.

If you are going to apply for a loan in China Merchants Bank, the loan interest rate needs to be comprehensively priced in combination with the business type, credit status, guarantee method and other factors you apply for, and can only be determined after being approved by the handling outlets.