The annual interest rate of loans with a term of less than 5 years (inclusive) is 4.00%, and the annual interest rate of loans with a term of more than 5 years is 4.50%. Cangzhou housing provident fund loan interest rate shall be implemented in accordance with the provisions of the People's Bank of China. The effective interest rate is: the annual interest rate of loans with a term of less than 5 years (inclusive) is 4.00%, and the annual interest rate of loans with a term of more than 5 years is 4.50%.