The interest rate of self-owned housing loans is changed to commercial loan rates, and the upper limit is liberalized and the lower limit is managed. The lower interest rate level is 0.9 times of the benchmark interest rate of the corresponding term and grade loans. At present, the benchmark mortgage interest rate announced by the bank is 4.35% for 0-6 months (including June), 4.35% for June-1 year (including 1 year), and 4.75% for 1-3 years (including 3 years) and 3-5 years (including 5 years).

Commercial loans are loans used to supplement the working capital of industrial and commercial enterprises. Generally, they are short-term loans, usually 9 months, and no more than one year at most, but there are also a few medium-and long-term loans. This kind of loan is the main part of commercial bank loans, generally accounting for more than one-third of the total loans.

Commercial loans, also known as individual housing loans, are commercial banks and housing savings banks approved by the People's Bank of China, which provide loans for urban residents to purchase ordinary housing for their own use and implement the statutory loan interest rate. Many commercial banks in Beijing have this business, such as CCB and ABC. The procedures for applying for loans are basically the same.