At present, the annual interest rate of loans for 5-30 years (including 30 years) announced by the People's Bank of China is 4.9%. The loan is 780,000 yuan, calculated at the benchmark interest rate. Under the condition that the interest rate remains unchanged, the principal and interest will be repaid in equal amount. The total interest is 445 1 19.26 yuan, and the monthly repayment amount is 5 104.66 yuan, using the average principal 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.