The loan interest rate is 800,000 yuan, 95%. How much is the monthly payment for 20 years?
According to the information you provided, the loan principal is 800,000 yuan and the term is 20 years. At present, the benchmark annual interest rate of loans of the People's Bank of China for more than five years is 4.90%, and the 15% discount is 4.655% (unchanged). The repayment method of equal principal and interest is adopted, and the monthly repayment is 565,438+028.37.