1. Zhengzhou Post Bank Mortgage Interest Rate

Zhengzhou Bank is the one that offers the most preferential interest rates, with loans of more than 1.6 million yuan and an interest rate of 9.6% off. This will be converted to a 9.4% off after the owner moves in. :1. Mortgage interest rate refers to a loan obtained from a bank using real estate. The interest on the loan must be paid according to the interest rate specified by the bank. China's mortgage interest rates are uniformly stipulated by the People's Bank of China, and each commercial bank can float within a certain range when implementing it. China's mortgage interest rates are not always constant, but change frequently. The form is that the interest rates have been rising, so the situation before the interest rate increase is often compared with the situation after the interest rate increase. On June 7, 2012, the central bank issued an urgent document to all commercial banks, requiring commercial banks to maintain the lower limit of the floating range of personal housing loan interest rates at 0.7 times the benchmark interest rate. Commercial banks will implement the new interest rate: if the loan term is more than one year, the loan interest rate will be adjusted once on January 1 every year. During the loan period, if there is no adjustment to the benchmark interest rate, the loan interest rate will not be adjusted. 2. In March 2017, Beijing 16 Bank canceled the 10% discount on the first home loan interest rate and adjusted the first home loan interest rate to 9.5%. In August 2019, mortgage interest rates increased by 20% in many cities across the country. On the afternoon of May 20, 2021, the Shenzhen branches of the four major banks, namely Industry, Agriculture, China and Communications, made it clear to Nandu reporters that they had raised mortgage interest rates. 3. Personal housing commercial loans: The above two loan methods are limited to employees of units who have paid housing provident funds, and there are many restrictions. Therefore, people who have not paid housing provident funds are not eligible to apply for loans, but they can apply for personal housing guaranteed loans from commercial banks. That is, a bank mortgage loan. As long as the balance of your deposit in the lending bank accounts for no less than 30% of the funds required to purchase a house, and you use this as the down payment for purchasing a house, and you have assets recognized by the lending bank as mortgage or pledge, or you have sufficient repayment ability. If an organization or individual acts as the guarantor to repay the principal and interest of the loan and assumes joint and several liability, then you can apply for a bank mortgage loan. Personal housing portfolio loan: The maximum limit of provident fund loans that can be issued by the housing provident fund management center is generally 100,000 to 290,000 yuan. If the purchase price exceeds this limit, you must apply for a housing commercial loan from the bank for the shortfall. Together, these two loans are called a portfolio loan. This business can be handled uniformly by the real estate credit department of a bank. The interest rate of combined loans is relatively moderate and the loan amount is large, so it is often chosen by borrowers

2. How much money can be borrowed at Zhengzhou Bank’s home mortgage loan interest rate

This depends on the customer’s application The purpose of the loan determines the interest rate of the loan! The loan amount is determined based on the collateral. Generally, the house is used within 70%. This also depends on the use and type of house. Housing and commercial use are different!

Every bank can do it!

3. Which bank is the most cost-effective for housing mortgage loans?

China Merchants Bank is a good deal. Normally, users need to consider issues such as loan security, interest rate, and credit limit for house mortgage loans. Relatively speaking, when China Merchants Bank handles real estate mortgage loans, the repayment period is relatively long, the repayment method is flexible, and the interest is relatively cheap. Therefore, it is recommended that users use China Merchants Bank to apply for house mortgage loans.

Of course, users can also choose a bank that suits them better based on their own needs.

4. How much money can be borrowed for a home mortgage loan?

The home mortgage loan limit is also directly related to the assets owned by the borrower. If there is only one property, If you can only borrow half of the appraised value of the property, then you can loan up to the appraised value of the property

The personal income will also be included. If the personal income is low, the bank will not be able to lend. The bank will reduce the loan amount.

In addition to directly vesting the ownership of the property, the real estate certificate can also be used to offset the real estate certificate. The mortgage loan amount is different. Under normal circumstances, the mortgage of commercial residential buildings can reach 70%, while the mortgage of shops and office buildings can reach 60%, and the mortgage of industrial plants can reach 50%.

There are many factors that determine the amount. The appraisal of a property is an important factor that directly affects how much money can be borrowed for a home mortgage loan. The factors that affect the appraised value of a property mainly include the type of house, orientation, location, year of construction, floor, etc.