First, the loan term.

1, the longest term of individual housing loan is 30 years, and you can choose 20, 15, 10, 5 years, etc.

2. The longest term of personal commercial housing loan is 10 year;

3. Men under 60 years old and women under 55 years old.

Second, the basic provisions of housing loans

1. loan purpose: it is used to support individuals to buy, build and overhaul houses in cities and towns in Chinese mainland.

2. Loan targets: China natural persons with full capacity for civil conduct and overseas natural persons with the right of abode in Chinese mainland.

3. Loan amount: The maximum amount is 70% of the total price or evaluation value of the house purchased (built or overhauled).

4. Loan term: up to 30 years.

5. Loan interest rate: It shall be implemented in accordance with the relevant regulations of the People's Bank of China.

6. Repayment method: entrusted deduction and counter repayment.

7. Repayment method: If the loan term is within 1 year (including 1 year), the repayment method of one-time repayment of principal and interest shall be implemented; If the loan term is greater than 1 year, the repayment method of equal principal and interest and average capital can be adopted.

8. Loan guarantee: mortgage, pledge, guarantee, mortgage plus phased guarantee, etc. , you can use one or more loan guarantees.

Three, apply for a loan should be submitted to the information:

1, identity document;

2. Proof of the borrower's repayment ability;

3. Legitimate and effective purchase (construction, overhaul) contracts, agreements or (and) other approval documents;

4. proof of down payment;

5. Loan guarantee materials;

6. Other documents and materials specified by the lending bank.

How many years of mortgage can I borrow at most?

The longest mortgage loan can be 30 years, but note that the sum of your loan period plus your age cannot exceed 5 years after the statutory retirement age (retirement at 60 for men and retirement at 55 for women).

Housing loan, also known as housing mortgage loan, is an application form for housing mortgage loan, ID card, income certificate, housing sales contract, guarantee and other legal documents filled out by the buyer to the loan bank. , must be submitted. After passing the examination, the loan bank promises the loan to the buyer, and handles the real estate mortgage registration and notarization according to the house sales contract provided by the buyer and the mortgage loan contract concluded between the bank and the buyer. The bank directly transfers the loan funds to the sales unit within the time limit stipulated in the contract.

The longest loan period is not more than 30 years, and the second-hand housing provident fund loan is not more than 15 years; The loan amount is 70% of the appraised value of the house; The loan interest rate shall be implemented according to the loan interest rate of the same grade in the same period stipulated by the People's Bank of China, and the benchmark annual interest rate shall change according to the loan term. The following is the latest loan interest rate table of 20 13 (the interest rates of banks have risen according to the housing situation).

Common sense of loan interest

(1) The interest rate conversion formula for RMB business is (note: common for deposits and loans):

1. daily interest rate (0/000)= annual interest rate (%)÷360= monthly interest rate (‰)÷30.

2. Monthly interest rate (‰) = annual interest rate (%)÷ 12

(two) banks can use the product interest method and the transaction interest method to calculate interest.

How many years can I borrow a real estate mortgage loan?

Mortgage loans can last as long as 30 years. 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%; , the longest period can reach 30 years; Mortgages include shops, offices, houses, villas, factories, warehouses and so on.

How many years can I borrow a mortgage?

Mortgage loans can last as long as 30 years. 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%; , the longest period can reach 30 years; Mortgages include shops, offices, houses, villas, factories, warehouses and so on.

I want to ask how many years can I borrow a mortgage?

At present, the longest loan term of mortgage loan is 30 years, but it does not mean that all borrowers can borrow for 30 years at the longest. Many factors will also affect the final mortgage loan term.

Age influence: At present, the borrower's age loan period should not exceed 70 years, so the borrower's final loan period will also be affected by the borrower's age. If the mortgage borrower has reached the age of 55 when handling the mortgage loan, the longest loan period is 15 years.

Influence of the age of the house purchased: the age of the house is mainly calculated according to the completion date of the house. Generally, when applying for a mortgage loan, a house with a room age of less than 5 years can apply for a loan of 30 years at the longest. If it is more than 5 years, the unified loan can only reach 15 years at most. The average user's loan period =30 room age, but this formula is not fixed and needs to change according to the change of policy.

Influence of repayment ability: Generally speaking, the stronger the repayment ability, the shorter the loan term. If the user wants to borrow 10 years, but the bank thinks that the user's repayment ability is insufficient, the loan may only be approved for 20 years. In addition, it should be noted that mortgage can shorten the loan term, but not extend the loan term, so borrowers should evaluate their repayment ability when choosing the loan term.