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On the basis of equal principal and interest, what is the monthly loan of 600 thousand for 20 years?
Repaying the loan principal and interest of 600,000 yuan in 20 years is calculated as follows according to the current bank benchmark interest rate:

Matching principal and interest repayment method:

The total loan is 600,000 yuan.

Number of repayment months: 240 months

The monthly repayment is 4093.5 1 yuan.

A total of 382,442.29 yuan of interest was paid.

The total principal and interest is 982,442.29 yuan.

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