1, the question of how many years of commercial loans are appropriate cannot be generalized, but should be discussed according to the different income and economic situation of buyers. Generally speaking, the longer the loan term, the less the monthly repayment amount; The shorter the loan period, the higher the monthly repayment amount, and the longest loan period is 30 years.
2. Commercial loans If the lender's income is stable and relatively high, it is suitable to choose short-term loans. The shorter the time, the less interest. For people whose high income is only for temporary turnover, this can save a lot of mortgage interest. For people with unstable income or low income, it is more cost-effective to lengthen the life span considering their own income problems. Although the choice of mortgage period is closely related to the economic strength of buyers, in the eyes of experts, there are different mysteries.
3. Judging from the current interest rate of commercial loans, under normal circumstances, it is generally recommended that buyers choose the repayment period of 15-20 years, so that the total interest paid is relatively reasonable.
How many years is the longest commercial loan?
What is the longest term of commercial housing loan?
First, it is divided into short-term loans, medium-term loans and long-term loans according to the term.
Short-term loans refer to loans with a loan term of 1 year (inclusive).
Medium-term loans refer to loans with a loan term of more than 1 year and less than 5 years (inclusive).
Long-term loans refer to loans with a loan term of more than 5 years (excluding 5 years).
Two, according to the loan method is divided into credit loans, secured loans (secured loans, mortgage loans), bill discount three.
(1) Credit loans refer to loans granted with the borrower's credit standing as the guarantee.
(2) Secured loans refer to secured loans, mortgage loans and loans issued according to the Guarantee Law of People's Republic of China (PRC).
1. Guaranteed loan refers to the loan provided by the borrower as the guarantor recognized by the company. The guarantor promises to assume general guarantee liability or joint liability according to the loan contract when the borrower fails to repay the principal and interest of the loan by the guarantee method stipulated in the Guarantee Law.
2. Mortgage loan refers to the loan granted with the approval of the company with the property of the borrower or a third party as collateral and in accordance with the mortgage method stipulated in the Guarantee Law.
3. It refers to the loan issued by the company with the movable property or rights of the borrower or a third party as the pledge according to the pledge method stipulated in the Guarantee Law.
(3) Bill discount refers to the loan issued by the company through the purchase of the bank acceptance bill that has not expired by the borrower.
Loan term: the loan term of a finance company is generally not more than 5 years; The longest discount period is no more than 6 months, and the discount period is from the discount date to the maturity date of the bill.
How many years can commercial loans last?
If you apply for a loan through our bank, it depends on the purpose of the customer's loan. Take the consumer loan in Shenzhen as an example: under normal circumstances, customers need to take the property with complete documents as collateral when the loan has been settled, and apply for loans for personal or family legitimate consumption purposes such as car purchase, decoration, education, large-scale shopping and tourism. The amount of personal consumption loan/single loan under the credit line shall not exceed the transaction price indicated in the provided use information, and shall not exceed RMB 2 million (inclusive). (2) For the purpose of buying a car, the term shall not exceed 5 years (inclusive). (3) For educational purposes, the term shall not exceed 8 years (including 8 years). (4) For other legitimate consumption, the term shall not exceed 3 years (inclusive).
At that time, please refer to the audit results of the loan handling bank. If you have any other questions, please log in to "Online Customer Service" (website: forum.cmbchina/...ncmu=0), and we will serve you wholeheartedly! Thank you for your concern and support for China Merchants Bank!
How many years can a mortgage last?
According to the age of the lender, men are up to 65 years old and women are up to 60 years old. Many public banks will be strict, with men at the age of 60 and women at the age of 55, so if you want to borrow for a long time, choose private banks. For example, if someone buys a house at the age of 40, the commercial loan can be 65-40=25 years, depending on the age of the lender, the male is 65 years old and the female is 60 years old.
How many years can commercial loans last?
30 years at most.
What is the longest term of a commercial loan?
The specific repayment period should be calculated according to the individual age (male: no more than 65 years old, female: no more than 60 years old. For example, if a man is 54 years old now, his longest loan period can only be 1 1 year. 65-54= 1 1。 Others are discussed in turn. ), and the longest loan period of each bank is different. The maximum term of a new house is 30 years, and the maximum term of a second-hand house is 15 years.
What is the longest loan period of commercial housing/housing mortgage?
1. Information required for mortgage loan:
1.3. Original and photocopy of the ID card and household registration book of the applicant and spouse (if the applicant and spouse are not registered in the same household, a marriage certificate shall be attached);
2. Original purchase agreement;
3.65438+ original and 0 copies of the advance payment receipt for 30% or more of the house price;
4. Proof of the applicant's family income and related assets, including payroll, personal income tax bill, income certificate issued by the unit, bank deposit certificate, etc. ;
5. The developer's collection account number 1 copy.
Two. Mortgage loan conditions:
1. Aged between 18-65 years old, with full capacity for civil conduct;
2. Pay the down payment;
3. Have a stable legal income and the ability to repay interest;
4. The borrower agrees to use the purchased house and its rights and interests as collateral;
5. The purchased second-hand houses have clear property rights and meet the requirements of Beijing for entering the real estate market;
6. The purchased house is not within the scope of the announcement;
7. Other conditions required by the lending bank.
Third, the process of mortgage loan:
1. The lender prepares relevant materials, fills in the loan application in the bank and submits the materials;
2. After receiving the application, the loan bank shall confirm and review the information;
3. After the audit, the lending bank will contact the lender and sign relevant contracts;
4. For bank loans, the lender shall fulfill the repayment obligations.
How much can I borrow from a commercial loan? How many years can I keep it?
1. The average borrower's term of commercial loans is between 20 and 60 years. Some lending institutions can also lend before 65, depending on the amount and purpose of your loan.
2. The amount of commercial loans.
It mainly depends on the purpose of the borrower's commercial loan, whether it is a housing commercial loan or something else. If it is a commercial housing loan, the maximum loan period is 30 years, and the loan amount is determined by the value of the house.
How many years can I buy a house and apply for a commercial loan/mortgage?
Generally, the first-hand building provident fund loan is up to 30 years, and the second-hand building is up to 20 years.
How many years can a bank buy a house with a commercial loan at most?
Generally, the longest term of a house purchase loan is 30 years, and the fixed number of years plus the loan term shall not exceed 70 years. If two or more applicants apply for a loan, the loan term can be reasonably determined according to the actual situation, but not all borrowers are over 70 years old with loan years. Unless otherwise stipulated by the local regulatory authorities, the relevant regulations of the local regulatory authorities shall prevail.
If your city has China Merchants Bank, you can try to apply for a loan through China Merchants Bank. The loan interest rate needs to be comprehensively priced according to the business type, credit status, guarantee method and other factors you apply for, and can only be determined after being approved by the handling outlets.
If you want to know the benchmark interest rate information, please open the following website (cmbchina/...cdrate) to find out.
How much and how long can a mortgage loan be borrowed?
The minimum down payment is 30% for the first set, 70% for the second set and 60% for the second set.
The longest loan period is 30 years, but it is related to the age of the house and the age of the borrower.
How many years can commercial loans last?
The longest commercial loan is 30 years, depending on the age of the house and the age of the lender. The long-term interest rate of the loan is greater than the short-term interest rate of the loan.
How many years of commercial loans are based on your total purchase price and the age income of the buyers. Generally speaking, the first suite is up to 70% of the total loan price, and the second suite is up to 40%. According to the age of the borrower, the general age plus the loan period does not exceed 65 to 70. Generally, when you are 60-65 years old, you can't apply for a commercial loan. Generally, you can borrow up to 65,438+00 years after a five-year delay, but the exact amount you borrow depends on the bank's age and bank policy. Generally speaking, the first suite is up to 70% of the total loan price, and the second suite is up to 40%. According to the age of the borrower, the general age plus the loan period does not exceed 65 to 70.
According to the latest regulations of the People's Bank of China, the maximum loan amount shall not exceed 80% of the total house price or the appraised value of the house purchased. However, in the actual operation process, each project will be different due to the economic strength of the developer, the construction situation of the project and the personal economic situation. In order to attract customers, the bank extended the loan period to 30 years. As long as the loan term and fixed number of years add up to no more than 70 years, that is, people under 40 can generally apply for a 30-year loan. For those who are well-funded and willing to invest, long-term loans are more favorable. You can borrow long-term funds and make short-term investments abroad at the same time, with a return sufficient to repay long-term loans and a surplus.
What are the steps to apply for a commercial loan?
First, check your credit history before buying a house with a loan. Banks usually refuse to lend money to people with bad credit records.
2. Pay the down payment and sign the commercial housing sales contract.
Third, provide relevant information, go to the bank to sign a loan contract, and open an account in the loan bank for repayment.
Four, after the information is complete, the bank review the loan contract, determine the amount of loans, loans.
5. After the loan is issued, the bank will notify the payer by SMS, and the repayment person will deposit the mortgage into the repayment card of the bank regularly.
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What is the latest repayment time limit of personal commercial loan of China Bank?
Latest repayment time of personal commercial loan of China Bank:
Deposit the money into the repayment account at the latest before the end of the bank business on the repayment date, so as to ensure that the money can be deducted.
Note: For the personal housing loan of China Bank, you only need to deposit enough funds before 24: 00 on the loan deduction date, which will not be overdue and will not affect the credit investigation.
The above contents are for your reference. Please refer to the actual business regulations.
What is the loan period of commercial housing/housing mortgage?
The loan term of individual commercial housing shall meet the following conditions:
1. The longest term of personal commercial housing loan is 10 year. Where there are stricter provisions in relevant laws, regulations, regulatory provisions or national policies, those provisions shall prevail;
2 individual commercial housing loan period shall not exceed the remaining use period of construction land occupied by collateral;
3. Personal second-hand commercial housing, the sum of the loan period and the age of the house shall not exceed 30 years in principle (including office space not exceeding 20 years);
4. The sum of the loan term and the borrower's age shall not exceed 65 years old in principle, and the middle and high-end customers who meet the requirements of BOC may be extended to 70 years old. Due to differences in business in individual regions, please consult local outlets for details.
The above contents are for your reference. Please refer to the actual business regulations.
So much for the introduction of the repayment period of commercial loans.