At present, the People's Bank of China announced that the annual interest rate of loans with a term of more than five years is 4.9%. According to the benchmark interest rate, the interest rate remains unchanged, and the repayment method of equal principal and interest is 30 years, and the monthly repayment amount is 2865.92 yuan, and the monthly repayment amount decreases month by month according to the average capital method.

According to the trial calculation of the benchmark interest rate, under the condition that the interest rate remains unchanged, the repayment will be made in the form of equal principal and interest for 20 years, and the monthly repayment amount will be 3534 yuan. The monthly repayment amount will decrease month by month by adopting the equalization method.

If you are going to apply for a loan in China Merchants Bank, the loan interest rate needs to be comprehensively priced in combination with the business type, credit status, guarantee method and other factors you apply for, and can only be determined after approval by the handling outlets.