Current location - Loan Platform Complete Network - Bank loan - Loan of 20,000 yuan with monthly interest of 120 for five years
Loan of 20,000 yuan with monthly interest of 120 for five years

Legal subjectivity:

It is 5,000 yuan. The bank's one-year loan interest rate on July 6, 2018 is: 6. If you repay the loan on a monthly basis, there are two repayment methods: one is the repayment of equal amounts of principal and interest, and the other is the repayment of equal amounts of principal. You can choose different repayment methods. The interest generated is different from the interest rate of 1-2 points. Interest rates vary depending on application conditions. Generally speaking, the annual interest on 50,000 yuan is about 4,000-6,000.