At present, the benchmark interest rate for commercial loans with a loan term of more than 5 years is 4.90%. Due to the policy of restricting purchases and loans, local banks have different efforts to adjust the interest rate of the first home loan. The latest data shows that the average interest rate of the first suite in China is 5.38%, and the interest rate generally rises by 5% to 20%. The interest rate of the second home loan generally rises 10% to 30%.

Mortgage interest rate refers to the loan with real estate in the bank, and the loan should pay interest according to the interest rate stipulated by the bank. The mortgage interest rate in China is uniformly stipulated by the People's Bank of China, and all commercial banks can float within a certain range. The floating ratio of different banks is different, and the floating ratio of the same bank in different regions is also different, so the specific interest rate is subject to the actual interest rate stipulated by the bank.

Since the central bank cut interest rates in June 20 15, the current benchmark interest rate for bank closure is: the loan interest rate for less than one year (including one year) is 4.35%; The interest rate for one year to five years (including five rounds of local split years) is 4.75%; More than five years is 4.90%. In 20 18 years, banks will also implement this benchmark interest rate.

At present, the benchmark interest rate for commercial loans with a loan term of more than 5 years is 4.90%. Due to the policy of restricting purchases and loans, local banks have made different adjustments to the interest rate of the first home loan. The latest data shows that the average interest rate of the first suite in China is 5.38%, and the interest rate generally rises by 5%-20%. The interest rate of the second home loan generally rose 10%-30%.

During the same period, the benchmark interest rate of provident fund loans was 3.25%, and the interest rate of second-home loans generally rose 10%.

Measures for the Administration of Individual Housing Loans

Article 35 If the borrower is under any of the following circumstances, the lender shall investigate the borrower's liability for breach of contract according to the relevant provisions of the General Rules for Loans of the People's Bank of China:

Provident fund mortgage interest rates

According to the interest rate table of provident fund loans of China People's Bank in 2022, the interest rate of provident fund is: 1, and the annual interest rate of individual housing provident fund deposits is: paid in the current year and carried forward from the previous year to:1.5%; 2. Mike Sui individual housing provident fund loan: the annual interest rate is 2.75% for less than five years (including five years) and 3.25% for more than five years. Provident fund loan refers to personal provident fund loan, which is the provident fund paid by employees who apply for personal provident fund loan. It is suitable for housing provident fund depositors who buy, build, demolish and repair their own houses and retired employees who pay provident fund during their employment, and is a mortgage loan issued by provident fund management offices all over the country to commercial banks. The above is the interest rate of housing provident fund. How can the provident fund be used to borrow money to buy a house? Users can prepare personal identity documents, provident fund co-branded cards, purchase agreements signed with real estate developers, down payment receipts, residence permits (household registration books or temporary residence permits), personal income certificates (such as bank accounts and salary slips) and other related materials, and go to the business outlets of local provident fund management offices to find staff to explicitly apply for loans. After receiving the application form and filling it out, the user will submit the report together with relevant materials, and then they can try it out. After the trial, the management office will conduct examination and approval according to the material information provided by the user, and an evaluation agency will evaluate the value of the house. After the approval is passed, the user will be informed. The user who receives the approval notice will sign the loan contract at the business outlet within the promised time, and go through the relevant formalities such as the arrival of the former Sun Qingya at the Real Estate Administration, and then the bank will issue the loan funds. Generally, it takes about two to three months from the user submitting the loan application to issuing the loan funds. Of course, if the bank encounters a shortage of funds and so on, it may take longer to approve and lend money.

How much is the interest on the provident fund loan?

The provident fund loan is RMB 6,543,800+0.5 million with a term of five years. The monthly repayment amount varies according to the repayment method. There are usually two repayment methods: matching principal and interest and average capital. According to the benchmark interest rate level, the monthly repayment amounts of these two repayment methods are as follows:

The equal principal and interest is 2678.67 yuan per month.

The average capital is 2843.75 yuan in the first month, and then 5 yuan is less every month, and 2505.73 yuan in the last month.

Users who pay the provident fund use the provident fund to apply for housing provident fund loans. All employees who pay housing provident fund can apply for individual housing provident fund loans.

First, provident fund loans are only based on your salary and personal credit information. The balance in the provident fund is closely related to the loan amount. The provident fund center needs to see if you have the ability to repay. The loan must bear interest. Provident fund loans are much cheaper than commercial loans.

Second, provident fund consumer loans have the lowest interest rate among credit loans. If there is no problem in other aspects, the general annualized interest rate is around 5%, and you can pay interest first. first

1: See how long you have paid the provident fund (have you stopped paying and changed companies). Generally speaking, you can apply for provident fund for more than 6 months in a row. Try local policies. I used to work in finance in Beijing. Take Guangzhou as an example, some banks can accept the provident fund for only three months. It would be better if the continuous time exceeds 1-2 years. Products with interest first and then interest are better than those with short deposit time.

2. Look at the deposit base: some banks accept the minimum base, while others require a deposit base of more than 500, 1000 or 1200. The higher the base, the higher the salary, and the wider the range of products that can be made. The general product quota is about 20 times of the individual contribution base of the provident fund.

Third, some cities depend on the ratio of house price to down payment:

Provident fund loan amount ≤ house appraisal price-down payment

For example, Liu bought a house of 1 10,000 yuan (evaluation price) in the third-tier city XX, with a down payment of 30%, that is, 300,000 yuan;

Then the amount of provident fund loan obtained by Liu Neng is = 1 10,000-300,000 = 700,000; Liu can use the provident fund loan to handle all the mortgages for himself.

Fourth, some cities are based on personal income level and monthly deposits (such as Beijing):

1, the loanable amount of provident fund = (monthly household income-basic living standard)/monthly loan repayment amount per 10,000 yuan during the loan application period;

2, monthly income = individual housing provident fund monthly deposit amount ÷ housing provident fund deposit ratio;

3. The current basic living standard is 1.323 yuan per month. If the monthly income of Zhang Jiating who works in Beijing is 20,000 yuan, the monthly loan repayment amount per 10,000 yuan during the loan application period is 56.72, that is, 0.005672. Then the loanable amount of a provident fund = (20000-1323)/0.005672 = 3,292,800 (in fact, it has been exceeded, see the second part for details).

Housing provident fund loan interest rate

Different loan methods have different interest rates, among which the interest rate of provident fund loans will be relatively low. The longer the loan term, the higher the loan interest rate, and all banks will float above the benchmark interest rate of the central bank. In order to help you understand the specific content, Xia Fan Wenzhi will explain in detail the mortgage interest rates of major banks in 2022.

In 2022, the interest rate of central bank loans will be 4.35% within one year (including one year), 4.75% within one to five years (including five years), and 4.9% for loans over five years. For individual housing provident fund loans, the loan interest rate for five years and below is 2.75%, and the loan interest rate for five years and above is 3.25%.

The average mortgage is more than five years, and most provident fund loans are not enough to support the current total mortgage, so the interest rate of commercial loans is the most representative.

Then, let's look at the floating level of commercial banks.

We can see that the central bank's loan interest rate for more than five years is 4.9%, which has returned to the level of about 20 15.

At present, the major banks in China are Bank of China, Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank, Bank of Communications and Postal Savings Bank. These relatively large bank loan interest rates are based on the benchmark interest rate of the central bank.

What is the interest rate of provident fund loan now?

Interest on the second-home provident fund loan: the annual interest rate for less than five years (including five years) is 3.85%; The annual interest rate for more than five years is 4.40%. At present, the benchmark interest rate for the first home loan and the benchmark interest rate for the second home loan of the provident fund is 1. 1 times. The increase is related to the qualifications of borrowers and other factors.

Interest on second-home provident fund loans: Bank of China, China Banking Regulatory Commission and Ministry of Housing and Urban-Rural Development jointly issued a document to reduce the down payment ratio of second-home commercial loans from 60% to 40%, and the down payment ratio of first-home provident fund loans to 20%.

If the first home loan has been settled, the down payment ratio of the second home loan will be reduced to 30%. In addition, the Ministry of Finance will also exempt individual commercial housing sales business tax from the previous five years to two years.

Interest rate of second-home commercial loan:

Benchmark interest rate for commercial loans: 5.90%.

In the new mortgage policy, if you have 1 house but the loan has been settled, you can apply for a loan to buy a "second house", and the loan interest rate can be 30% off the benchmark; At present, the house 1 and mortgage are not settled. If you refinance to buy a "second house", the lowest interest rate will go up 10%.

Interest rate of second-home provident fund loan:

Loan term: 3.85% within 5 years (inclusive); More than 5 years, 4.40%.

At present, the benchmark interest rate for the first home loan and the benchmark interest rate for the second home loan of the provident fund is 1. 1 times. The increase is related to the qualifications of borrowers and other factors.

What is the interest rate of housing provident fund loan?

First, the interest rate of the first personal housing provident fund loan for five years (including five years) will be lowered from the current 2.75% to 2.6%, and from the current 3.25% to 3. 1%. The interest rate of the second set of personal housing provident fund loans remains unchanged, that is, the interest rate of loans for five years or less is 3.025%, and the interest rate of loans for five years or more is 3.575%.

II. For individual housing provident fund loans issued before June 65438+ 10/in 2022, the new interest rate standard will be implemented from June 65438+1 0/in 2023.

3. All management departments will return the first set of personal housing provident fund loans accepted but not issued before June 65438+1 October12022 to the state of adjustable interest rate, and submit them for review after repositioning according to the requirements of this notice.

4. For the loan with adjusted interest rate, it is necessary to reprint the loan approval form and the specially signed contract, involving interest rate and monthly repayment amount.

5. The vacant amount of the first individual housing mortgage lease of housing accumulation fund applied after June 65438+1October 65438+1October 2022 shall be subject to the adjusted interest rate.