At present, the annual interest rate of loans for 5-3 years (including 3 years) announced by the People's Bank of China is 4.9%. According to the benchmark interest rate, the repayment is made by equal principal and interest, and the total interest is 285,332.86 yuan, and the total interest is 246,2.83 yuan by average capital method.

if you are going to apply for a loan through China merchants bank, the loan interest rate needs to be comprehensively priced in combination with the business type, credit status, guarantee method and other factors, and can only be determined after the approval of the handling outlets.