Pay back 15 thousand a month, how much can you borrow in 30 years
5.4 million yuan. Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. According to the calculation, the annual repayment amount is12× 15000 =180000, and 30× 180000=5400000 in 30 years, so the monthly repayment amount is15000, and the total amount is 5000.