I. Term of commercial loan:

1. Generally speaking, the longest loan period of individual housing loans of commercial banks is 30 years. If the borrower purchases a house, the loan term shall not exceed 30 years at the longest; If the borrower purchases commercial housing and "commercial and residential dual-use housing", the longest loan period shall not exceed 10 year; The term of each loan is determined by the commercial bank through consultation with the borrower according to the borrower's age, working years and repayment ability. However, the borrower's age plus the loan period shall not exceed 70 years at the longest.

2. The specific loan period should be calculated according to the individual's age (male: no more than 65 years old, female: no more than 60 years old. And the longest loan period of each bank is different. The longest service life of a new house is 30 years, and the longest service life of a second-hand house is 15 years.

What are the rules for the period of buying a house with commercial loans?

1. The longest loan period of individual housing loans of commercial banks is 30 years.

2. For commercial buildings and commercial and residential buildings, the longest loan period shall not exceed 10 year.

3. The term of the housing provident fund loan shall not exceed 30 years.

4. The borrower's age shall not exceed the national statutory retirement age, that is, the male shall not exceed 60 years old and the female shall not exceed 55 years old.

5. The mortgage period shall not exceed the retirement age of the borrower.

Extended data:

Personal commercial housing loan

Personal housing commercial loan is a kind of loan that China citizens apply to the bank to buy commercial housing, and it is a self-operated loan issued by the bank with its credit funds. Specifically, it refers to the commercial housing loan that a natural person with full capacity for civil conduct applies to the bank for repayment of the loan with the purchased property housing (or other guarantee methods recognized by the bank) as collateral when purchasing the self-occupied housing in the cities and towns of this city. Mortgage loan is a kind of commercial loan.

Proportion of individual housing commercial loans:

1. The maximum loan ratio for second-hand houses is 70% of the low value between the total purchase price and the appraised house price, and the loan amount varies according to different banks, subject to the requirements of the lending bank.

2. The longest loan period is 30 years, and the borrower is no more than 65 years old for men and no more than 60 years old for women.

3. The loan interest rate shall be subject to the relevant provisions of the People's Bank of China. See the personal housing commercial loan interest rate table for details.