At present, the annual interest rate of five-year loans announced by the People's Bank of China is 4.75%. According to the benchmark interest rate, the repayment method is "equal principal and interest repayment" under the condition that the interest rate remains unchanged. The total interest is 1254 14.72 yuan, and the monthly repayment amount is 18756.96438+0 yuan. Repay by "average capital Repayment Method", the total interest is 120729. 17 yuan, and the monthly repayment amount decreases month by month.

If you need a trial calculation, you can go to the home page of China Merchants Bank and click "Financial Calculator"-"Personal Loan Calculator" on the right to make a trial calculation.