ICBC will extend the maximum age of individual housing loan borrowers from 65 to 70, and the sum of the borrower's age and the loan term will not exceed 75 (that is, the maximum repayment age can reach 75). At the same time, the longest term of individual housing loans is still 30 years, which has not changed.

This move aims to adapt to the development trend of China's population, meet the housing improvement needs of residents of different ages, especially those above middle age, and reduce their economic pressure.

This also means that some people may still be paying their mortgages at the age of 75. According to the World Health Statistics published by the World Health Organization (WHO), the average life expectancy of China people is 74 years for men and 77 years for women.