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The house purchase loan is RMB 260,000 and it will be repaid in 14 years. How much is the monthly repayment? How to calculate

If you borrow from China Merchants Bank, the specific monthly payment will also depend on your loan execution interest rate, repayment method, etc. You can make a trial calculation of the monthly loan payment through the official website of China Merchants Bank or mobile banking. The trial calculation results are for reference only.

Mobile banking: Log in to mobile banking, click My-All-Assistant-Wealth Calculator-Loan Calculator;

China Merchants Bank homepage: Financial Tools in the central part of the homepage-Personal Loan Calculator.

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

(Response time: December 14, 2023. The above content is for your reference. In case of business changes, please refer to the latest business rules.)

Warm reminder: If you have any questions If you have any questions, please call the official customer service hotline or contact the CMB APP online customer service for consultation.