Current location - Loan Platform Complete Network - Bank loan - I want to borrow 10.4 million, and pay it off in10 year. According to the current housing provident fund interest rate, how much should I pay back every month?
I want to borrow 10.4 million, and pay it off in10 year. According to the current housing provident fund interest rate, how much should I pay back every month?
According to the loan interest rate lowered on July 6th:

Equal principal and interest (4.5%) 10 year: 1450.94 yuan/month;

Average capital (4.5%) 10 year: repayment amount in the first month 169 1.67 yuan.

Since it is a loan, it is certain that the shorter the loan term, the less interest it pays, the more cost-effective, but it still depends on its repayment ability.