borrow

Borrowing is Alipay's own loan platform, which requires a very good comprehensive credit to reach a credit line of 200,000. At present, the daily interest rate of loans is around 0.03%, and interest is calculated on a daily basis.

For example, if you borrow 200,000 yuan, the annual interest will be 200,000× 0.03 %× 365 = 21.900 yuan. However, with the gradual repayment of the principal, the actual interest paid by everyone is far less than 2 1.900 yuan.

2.20. What is the loan interest of110,000 years?

If you borrow from China Merchants Bank, the specific monthly payment depends on your loan execution interest rate and repayment method. You can borrow money from China Merchants Bank official website or Mobile Banking for trial calculation, 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: Financial Tools-Personal Loan Calculator is in the middle of the home page.

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