The total loan amount is 654.38 million.

Year: 10 year (24 months)

Calculation result:

Monthly repayment of equal principal and interest: 47 18.56 yuan.

Total repayment: 4718.56× 24 =113245.44 yuan.

Total interest: 13245.44 yuan, and the annual average interest is about 662.272 yuan.

China Merchants Bank lightning loan is a pure credit unsecured loan specifically for China Merchants Bank customers. Not all customers are eligible for loans or successful applications.

And all the operation steps are completed on the mobile phone, which is very convenient, and the whole process is completed in a few minutes. First of all, please make sure that the app of China Merchants Bank has been installed on your mobile phone.

Enter the login password. After successful login, you can see your account information. Under normal circumstances, if you are eligible to apply, you will be prompted on the page that "you can get the qualification of lightning loan with a quota of 0000", and then you can operate.

After entering the application bank page, your maximum loanable amount will generally be displayed. You can also borrow less according to your own needs. Click "Borrow Less" on the page, enter the amount you want to borrow, and then choose the repayment period, which can be divided into 120 installments at most, that is, ten years. At the bottom of the page, there is also a reference to the repayment amount of each installment. If there is no problem, press the big blue button at the bottom to continue the operation. The next page is the specific agreement, and then click the button.

Then your mobile phone will receive a short message, suggesting that a specific staff member will contact you later to communicate about the loan, and then you will keep your mobile phone open. Usually an hour or so, a customer service will call to check your personal information. If the verification is successful, you will receive a short message to remind you that the application is successful, and the house payment will be transferred to your China Merchants Bank savings card soon. Even if the application is unsuccessful, there will be a short message prompt, which is still very convenient and simple.

Basic application conditions:

1, personal credit is good, and there can be no overdue records at present, let alone serious overdue records;

2. There is no internal loan for 2 years and the credit card is not overdue;

3. You can check your lightning loan amount in China Merchants Bank card.

Basic information of lightning loan of China Merchants Bank:

The amount is between 1 0,000 and 500,000. If the average individual pays a customer, the amount is less than 300,000 yuan, which is relatively high. According to user feedback, the amount of the first application is often not high. There are two loan terms: 1 year and 2 years. The amount of the business owner is less than 200,000 yuan, and the loan period is divided into three types: 1 month, 2 months and 1 year.

Interest algorithm for lightning loan of China Merchants Bank:

The loan interest rate of China Merchants Bank's lightning loan is between 4.2 and 4.8 per day, and the annual interest rate is about 15438+02%.