The monthly repayment for a three-year car loan of RMB 100,000 is 2,985.88

1. Taking the loan interest rate of 1-3 years (including 3 years) announced by the People’s Bank of China as 4.75%, then The 3-year interest rate for an ordinary loan is =100,000*4.75%*3=14,250 yuan.

2. The 10-year and 36-period interest will be repaid in equal amounts according to CCB’s principal and interest method: The loan principal is 100,000, the annual interest rate is assumed to be 4.75%, and the loan term is 3 years. The monthly monthly repayment of principal and interest is: 2985.88 yuan, the total repayment amount is: 107491.68 yuan, the ***interest payable is: 7491.68 yuan, and the first month's interest repayment is: 395.83 yuan.

1. Car loan application conditions

(1) The car buyer must be over 18 years old and a Chinese citizen with full capacity for civil conduct.

(2) Car buyers must have a relatively stable career and relatively stable economic income or have assets that are easily liquidated, so that they can repay the loan principal and interest on schedule. The easily liquidated assets here generally refer to securities, gold and silver products, etc.

(3) During the loan application period, the car buyer deposits the down payment for the car purchase lower than the bank's regulations in the account of the handling bank's savings counter.