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How much is the monthly repayment for 24 installments of 60,000 with China Merchants Credit Card?

After the bill installment application is successful, the principal of each installment is: 2,500 yuan, the handling fee of each installment is: 408 yuan, and the total repayment of each installment is: 2,908 yuan. The handling fee rate for each of the 24 periods is 0.68%.

Handling fee per period = total installment amount × handling fee rate per period. The total principal amount of the installment is amortized evenly on a monthly basis, and the remainder is included in the last installment. The installment amount of each installment and the handling fee of each installment are recorded at the same time.

If you apply for a credit card "bill installment", a handling fee will be charged. Our bank provides cardholders with personalized options of 2, 3, 6, 10, 12, 18, 24 and 36 issues. The single-issue handling rate is 0%~1.67%. The actual The rate and number of periods are subject to the system evaluation results of the application order