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The loan is 200,000 yuan, which will be paid off in 20 years. How much is it to pay back every month?
1. The loan is 200,000 yuan, which will be paid off in 20 years. How much is it to pay back every month?

If you borrow from China Merchants Bank, the specific monthly payment depends on your loan execution interest rate and repayment method. You can borrow money from China Merchants Bank official website or Mobile Banking for trial calculation. The trial results are for reference only.

Mobile banking: log in to mobile banking and click My-All-Assistant-Financial Calculator-Loan Calculator;

China Merchants Bank Home Page: Financial Tools-Personal Loan Calculator is in the middle of the home page.

Enter information such as loan amount, annual interest rate, loan term and repayment method, and try to calculate monthly loan amount and interest.

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