The current interest rate of provident fund loans was adjusted and implemented on July 6, 20 12. The interest rate of provident fund loans for more than five years is 4.50%, and the monthly interest rate is 4.50%/ 12.

500,000 yuan, 9 years (108 months), monthly repayment:

500000*4.50%/ 12*( 1+4.50%/ 12)^ 108/[( 1+4.50%/ 12)^ 108- 1]=5638.80

Description: 108 is the power of 108.