I helped you with Baidu. ICBC repays the loan in installments, and the handling fee rate of 18 is 5.84% in some places and 6.83% in some places. I can't find it in ICBC official website. It seems that you need to call customer service.

In addition, ICBC stipulates that the installment fee should be paid in one lump sum in the first month, and this fee can no longer be installment.

So, let's list the formula first:

Total installment fee = total installment repayment amount x installment fee rate = 20000x5.84% =1168 yuan.

Repayable monthly principal = total installment amount ÷ number of installments = 20000 ÷18 =11.11yuan.

According to the above calculation,1168+11.1438+0 = 2279.438+05438+0 yuan in the first month, starting from the second month.

If you have any questions, please ask. If you are satisfied, please adopt the answer.