1, the car loan interest rate is high. At present, the benchmark interest rate is: 5.4% in three years and 5.76% in three to five years. Some banks can go down 10%, and borrowers need to have mortgages.

2. If you buy the first house, you can apply for the preferential interest rate of the bank, and the bank loan interest rate will be 15% for the same period.

3. When buying a second house, not only do you not enjoy the bank loan interest rate for the same period, but the loan interest rate is 1. 1 times the bank loan interest rate for the same period. There are certain differences between the repayment methods of mortgage and car loan. In housing loans, most consumers will choose the repayment method of "matching principal and interest" to reduce the repayment pressure in previous years. When it comes to the total interest of equal principal and interest, the calculation formula is more complicated, as follows. Applying the formula, if the loan of 65438+ 100000 is repaid in three years, it can be calculated that the total interest of the commercial housing loan is 7492 yuan. The repayment methods of car loans vary greatly. Car loans are generally repaid by credit cards in installments, and the interest calculation is relatively simple, that is, the total interest = loan principal × loan interest rate, or the loan principal is 654.38+ ten thousand, and the interest rate of bank loans for three years is 654.38+04.5%, so the total interest of car loans for three years is 654.38+ ten thousand × 654.38+04.5% = 654.5%. Not only that, consumers borrow money from 4S stores to buy cars, and many stores will charge an extra 3,000 yuan. Although this fee is unfounded, the 4S store is still domineering and powerful by virtue of its strong position.

Mortgage loan refers to the way that the buyer borrows from the bank, that is, the buyer signs a mortgage contract with the bank with the purchased real estate as collateral, and takes the way of not transferring property rights as guarantee to repay the loan to the bank on schedule. Mortgage loan means that the buyer obtains a loan from the bank with the purchased house as collateral, and the buyer pays the loan to the bank in installments according to the repayment method and time limit agreed in the mortgage contract, and the bank charges interest at a certain interest rate. The difference between the two is as follows: 1, and the purpose of the loan is different. Housing mortgage loans are mainly used for buying houses; Real estate mortgage loans are mainly used for capital turnover. 2. The loan interest rate is different. The interest rate of mortgage loan is lower than that of mortgage loan. 3. The loan term is different. The longest loan term of mortgage loan is 30 years, while the longest loan term of house mortgage loan is no more than 10 year. 4. The required loan information is different. Apply for housing mortgage loans to provide proof of down payment, purchase contract and other information; To apply for real estate mortgage loan, you need to provide real estate license, state-owned land certificate, loan use certificate and other materials.