The interest rate for second home loans in Kunming is:

1. Commercial loans generally require commercial banks to increase the base interest rate by 10% from the 6.55 benchmark interest rate announced by the People's Bank of China, which is 7.21% .

2. The interest rate for the first home loan is based on the benchmark interest rate, which is 6.15% for a five-year period or more. The interest rate for the second home loan will still be 10% higher than the benchmark interest rate. The interest rate for the second home loan will be higher than that of the first home loan. The interest rate is higher.