For reference:

Whether it is cost-effective depends on your financial arrangement. If there are investment channels and the income is higher than the loan interest rate, you can choose 20 years; If only interest expenses are considered, the shorter the time, the less interest; It also depends on your income. If your income is low, you should choose a longer repayment period.

I suggest you consult a financial planner and tell your personal situation, such as family burden, expected income in the future, existing deposits, payment pressure in recent years, etc., and give you a comprehensive suggestion.

Second, how many years can a house mortgage loan be borrowed?

The house is a part of our life. When we need money urgently, we can use the mortgage of real estate to obtain funds. But many people don't know much about how long a house mortgage can last. So how many years can a house mortgage be borrowed? Let's take a look with Bian Xiao.

How many years can I borrow a house mortgage?

1. If it is a first-hand house mortgage loan, the longest loan term cannot exceed 30 years; If it is a second-hand housing mortgage loan, then the longest loan period cannot exceed 20 years.

2. When choosing the loan term, the lender should decide the repayment term according to its own economic ability and repayment ability, so as not to cause its own repayment pressure.

3. The house provided by the lender must meet the requirements of bank mortgage loan. If the lender's house does not meet the mortgage loan conditions of the loan bank, then it is impossible to apply for a house mortgage loan.

4. The loan term is also related to the personal qualification of the lender. If the lender's personal credit is good and his personal assets are in good condition, it shows that the lender has strong repayment ability, and he can apply for a mortgage loan, get a higher loan amount, and the loan period can be longer.

5. The purposes of mortgage loans are generally divided into: business operation and personal consumption. For business operations, you can apply for 70% of the real estate appraisal value, and the loan period is generally within 5 years. If it is used for personal consumption, the loan term is generally within 10 years.

6. If the commercial house is used for mortgage loan, the longest loan period is 5 years, and the sum of the service life of the commercial house plus the loan period cannot exceed 30 years.

7. If the house is used as a mortgage loan, the longest loan period is 30 years, and the sum of the lender's actual age plus the loan period cannot exceed 60 years; The sum of the service life of the house plus the loan life cannot exceed 40 years.

The above is the introduction of how many years the mortgage loan can be borrowed. Although you can choose to use your house as a mortgage, there are many problems that need our attention and caution when lending. I hope the knowledge introduced above will be helpful to everyone.

3. How long is the term of housing mortgage loan?

Spread out completely

The term of mortgage loan can reach 30 years, and the general term is determined as the difference between the current age and the age of 65.

Housing mortgage loan conditions:

Have a legal status;

Have a stable economic income, have the ability to repay the loan principal and interest, and have no bad credit record;

There is a legal and effective purchase contract;

If the newly purchased house is used as the maximum mortgage, it must have a legal and effective purchase contract, the age of the house is within 10 years, and the down payment of not less than 30% of the total price of the purchased house has been prepared or paid;

If the mortgage loan has been purchased, the original mortgage loan has been repaid for more than one year, the loan balance is less than 60% of the value of the mortgaged house, and the mortgaged house has obtained the property ownership certificate, and the age of the house is within 10 year;

Being able to provide effective guarantee recognized by the loan bank;

Other conditions stipulated by the lending bank.

Loan amount and term:

The mortgage rate of commercial housing can reach up to 70%;

The mortgage rate of office buildings and shops can reach up to 60%;

The mortgage rate of industrial plants can reach up to 50%;

Up to 30 years;

Mortgages include shops, offices, houses, villas, factories, warehouses and so on.

4. What is the longest term of mortgage loan?

If it is a new house mortgage, the longest loan period cannot exceed 30 years; If it is a second-hand housing mortgage, it cannot exceed 20 years. When calculating the loan term, the borrower should be under pressure according to his repayment ability. To apply for housing mortgage loan, the house provided by the borrower must meet the requirements of bank mortgage loan. If the borrower's house does not meet the requirements of the bank mortgage loan, it is not.

The following are the conditions stipulated by the bank: First, they have legal status; Second, there is a stable economic income and repayment record; Third, there is a legal and effective purchase contract; Fourth, if the newly purchased house is used as the maximum mortgage, it must have a legal and effective purchase contract, the age of the house is within 10 years, and many down payments have been prepared or paid; Fifth, if a mortgage loan has been purchased, the original mortgage loan has been repaid for more than 1 year, the loan balance is less than 60% of the value of the mortgaged house, and the age of the mortgaged house is less than1year; Sixth, it can provide effective guarantee recognized by the loan bank; Article 7 Other conditions stipulated by the lending bank.

1. What is the longest term of personal property mortgage loan?

Housing mortgage refers to the borrower's own or third-party property as collateral. And repay the principal and interest to the bank by stages with stable income, and mortgage the outstanding bank. If the buyers can't sell the house as scheduled, they will offset the arrears.

1, and the highest mortgage rate of commercial housing can reach 70%;

2. The mortgage rate of office buildings and shops can reach up to 60%;

3. The mortgage rate of industrial plants can reach up to 50%;

4. Public buildings, houses, villas, factories, warehouses, etc. with a maximum term of 30 years.

2. What are the procedures for handling real estate mortgage loans?

1. The borrower shall fill in the Application for Mortgage of Residential Houses before lending, and submit the borrower's fixed income certificate issued by the bank's subordinate unit; Credit certification documents such as business license and legal person certificate of the loan guarantor; Legal and valid identity certificate of the borrower; The relevant certificate of the ownership of the house or the certificate that I have the right to the house according to law; Appraisal report, appraisal report and insurance documents of mortgaged real estate; Contracts, agreements or other supporting documents for the purchase and construction of houses; Other documents or materials required by the lending bank.

2. The bank examines the borrower's loan.

3. The borrower shall hand over the mortgage insurance policy or securities to the bank for safekeeping.

4. The borrower and the borrower guarantee notarization.

5. After the loan contract is signed and notarized, the bank will deposit the borrower in the house selling unit or building unit specified in the house purchase contract or agreement.

6 loan settlement, including normal settlement and early settlement.