Normal. The car loan interest of 50,000 to 60,000 yuan in three years is normal and not high. Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at their special dealers.
How much is the monthly car loan of 50 thousand, and how many years?
If you borrow from China Merchants Bank, the specific monthly payment and interest depend on your loan execution interest rate and repayment method. You can make a trial calculation of monthly payment through China Merchants Bank official website or mobile banking, and the trial results are for reference only.
Mobile banking: log in to mobile banking and click My-All-Assistant-Financial Calculator-Loan Calculator;
China Merchants Bank Home Page: Central Financial Instrument-Personal Loan Calculator.
Enter the loan amount, annual interest rate, loan term, repayment method and other information, and try to calculate the monthly loan amount and interest.