At present, the annual interest rate of 3-5 years (including 5 years) loans announced by the People's Bank of China is 4.75%. According to the trial calculation of the benchmark interest rate, the monthly repayment amount is 2625.97 yuan under the condition that the interest rate remains unchanged, and the average capital method is used to decrease month by month.

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 being approved by the handling outlets.