The loan is 654.38 million yuan, with interest of 7%. Pay it back in three years, with interest paid first and principal paid later. How much interest is it every month? I'll forget it. I'll solve it.

The monthly interest rate is 7%, which is equivalent to 0.7% monthly interest rate and 8.4% annual interest rate. Repay the net interest of 654.38 million yuan, and pay the interest to 700 yuan every month, with a total interest of 25,200 yuan for three years.

Tips: The above contents are for reference only. If you need funds, you can also handle them through our official channels. Ping An Bank provides unsecured credit loans, as well as mortgages and mortgage loans for houses and cars. Different loan application conditions and requirements are different. Whether the examination and approval can be successful is evaluated according to your comprehensive qualifications. For details, please log in to Ping An Pocket Bank APP- Loan and try to apply.

Reply time: 2020- 12-24. Please refer to the latest business changes announced by Ping An Bank in official website.

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