Depending on how old you are, the longest bank loan is 30 years. If you are 3 1 year old now, you can't borrow it for 30 years. 29 years. You can't get a loan after you are 60.

The total price is 700,000 yuan, and the minimum down payment is 2 1 1,000 yuan. That means you need to borrow 490,000. 490,000 yuan If your loan is 10 years, then your monthly payment is about 5,400 yuan. This kind of pressure is a bit big.

If you borrow for 20 years, your monthly payment will be about 3600 yuan, and in the longer term, it will be 30 years. After 30 years of loan, your monthly payment is about 3 100. Is that clear? . . Ha ha. .