The provident fund loan is 50,000 yuan with a term of 5 years. What is the total interest?

At present, the annual interest rate of provident fund loans for five years or less is 2.75%.

With the interest rate unchanged, the repayment will be made by matching principal and interest, with the total interest of 65,438+07,867.15 yuan and the average capital method of 65,438+07,473.96 yuan.

In some cities, China Merchants Bank provides provident fund loans. You can dial 95555 at 8:30- 18:00, select "2 manual services-"1"personal banking-"4 "personal loan business, enter the city where manual services provide loans and learn more about its use.

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