1, loan term of commercial loan
The specific loan period of commercial loans should be calculated according to the individual's age (male: no more than 65 years old, female: no more than 60 years old. For example, if a man is 54 years old now, his longest loan period can only be 1 1 year. 65-54= 1 1。 Others are discussed in turn. ), and the longest loan period of each bank is different. The maximum term of a new house is 30 years, and the maximum term of a second-hand house is 15 years.
2. The loan term of the provident fund loan
The longest loan period of housing provident fund shall not exceed 30 years, and the borrower's age shall not exceed the national statutory retirement age, that is, men shall not exceed 60 years of age and women shall not exceed 55 years of age. If both the loan applicant and the spouse meet the conditions for applying for housing provident fund loans, the loan term can be calculated according to the party with longer remaining working years.
3. The loan term of the portfolio loan
The term of portfolio loans, provident fund loans and commercial loans must be the same, and the longest loan term stipulated shall not exceed the statutory retirement age (that is, 60 for men and 55 for women). The longest loan period for commercial housing is 30 years; The longest loan period for private property transfer houses and auction houses is 20 years.
Influencing factors of loan term
Personal age, housing age, the nature of the house, economic strength and other factors will affect the loan period.
1, the age limit.
Banks have strict restrictions on the age of lenders. The older you get, the shorter the loan period. The longest production period of the loan is 30 years, so the lender can't be over 75 years old.
2. Room age
House age refers to the age of the house. Some banks stipulate that the newer the house, the easier it is to get a loan, and you can also apply for a loan with a longer term. Some banks stipulate that the sum of the age of the second-hand housing loan plus the loan period shall not exceed 30 years. Generally speaking, because the old house has been built for a long time, the risks that banks can control when lending are relatively large, so they will be more cautious when approving loans. Second-hand houses over 20 years old are more likely to be refused loans by banks.
3. The nature of the house
Houses are divided into private houses, public houses and small property houses. Not all houses can get loans. Different properties of houses will lead to different property rights and affect the loan life.
3. Economic strength
A person's repayment ability also determines the amount and duration of loans, and banks with strong economic strength will relax their policies. Before issuing loans, banks will generally investigate personal income and property, and issue loan quotas and years according to your repayment ability.