The interest rate of the first personal housing commercial loan in Beijing is 4.85%. The first home loan is 654.38+0 million yuan, calculated in 20 years, with equal principal and interest, and the monthly repayment amount is about 6565.438+06 yuan.
The calculation formula of monthly loan payment is: monthly loan payment = loan principal × monthly interest rate ×( 1+ monthly interest rate) ÷[( 1+ monthly interest rate)-1].