Current location - Loan Platform Complete Network - Bank loan - The loan interest rate of 420,000 yuan is 5.25. How much is the monthly loan for 20 years?
The loan interest rate of 420,000 yuan is 5.25. How much is the monthly loan for 20 years?
2748.67。 The monthly payment of 420,000 yuan in 20 years is related to lending institutions, loan interest rates and repayment methods. The benchmark interest rate of the central bank is 4.90% for commercial loans with a term of more than five years, 3.25% for provident fund loans with a term of more than five years and 5.25% for 20 years. The 20-year monthly loan of 420,000 yuan can be repaid in the form of equal principal and interest repayment, and the monthly loan is 2748.67 yuan.