1, China citizens with full capacity for civil conduct or Hong Kong, Macao and Taiwan residents and foreigners who have lived continuously in China for 1 year or more;

2. Holding legal and valid identity documents or long-term residence certificates in China;

3. Have a fixed detailed address;

4. Personal legal assets with stable legal income or sufficient to repay the loan principal and interest;

5. No bad credit record;

6. Being able to provide effective guarantee;

7. Other conditions that meet the requirements of the Agricultural Bank.

How to calculate the mortgage interest of ABC;

1. principal repayment method: divide the loan amount into n periods according to the number of repayment periods, and multiply the unpaid principal amount of each period by the loan interest rate until the current interest is paid off.

2. Matching principal and interest repayment method: the principal and interest during the loan period are calculated on an annual basis, and the sum of the principal and interest repaid in each period is equal. The calculation of interest is complicated. The interest of each period is not equal, but the sum of principal and interest of each period is equal. The first interest is the principal amount occupied multiplied by the loan interest rate, and the principal repaid in the first period is the equivalent annuity repaid in each period minus the first interest; The interest calculation of the second phase is to subtract the principal repaid in the first phase from the total loan principal to get the second phase principal, and then multiply it by the loan interest rate to get the interest payable in the second phase, and so on.