At present, the benchmark "annual interest rate" of individual (RMB) loans for more than five years announced by the People's Bank of China is 4.9% (the specific loan interest rate you can apply for will be reviewed and confirmed by the handling bank). According to the benchmark interest rate, the total interest of "equal principal and interest repayment" is 1 15939.49 yuan, and the monthly repayment amount is 265438. The total interest of "average capital Repayment Method" is 10347 1.67 yuan, and the repayment amount in the first month (the whole period) is 2698.89 yuan, and the monthly repayment amount decreases month by month.

You can also go to the homepage of China Merchants Bank and click on the "Financial Calculator"-"Personal Loan Calculator" on the right to make a trial calculation.