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If I pay 300,000 down payment to buy a 1.2 million house, how much more will I have to pay for 30 years?

If you borrow from China Merchants Bank, the specific monthly payment will also depend on your loan execution interest rate, repayment method, etc. You can make a trial calculation of the monthly loan payment through the official website of China Merchants Bank or mobile banking. The trial calculation results are for reference only.

Mobile Banking: Log in to Mobile Banking, click My-All-Assistant-Financial Calculator-Loan Calculator;

China Merchants Bank Home Page: Home Page Central Financial Tools-Personal Loan Calculator .

Input the loan amount, loan annual interest rate, loan term, select repayment method and other information, and try to calculate the monthly loan payment amount and interest.

(Response time: April 7, 2022, please refer to the official website of China Merchants Bank for the latest business changes)

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