I borrowed 600,000 yuan from the Agricultural Bank and paid it off in three years. How much is it to pay back every month?

The total loan amount is 600,000 yuan, the benchmark annual interest rate is 4.900%, and the loan period is 3

Year: matching principal and interest: the monthly repayment amount of principal and interest is 17955.4438+0 yuan, and the total repayment amount is:

64640 1.96 yuan, * * Interest payable: 4640 1.96 yuan. The interest paid in 1 month is: 2450; The repayment of the principal in the 1 month is: 15505+438+0.

The interest rate of private lending is 3%. Is 4% a high interest rate?

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