202 1 the latest data shows that the mortgage interest rate of the four major state-owned banks is generally around 3.85%. In terms of credit loans, the lowest loan interest rate is China Bank, and the current loan interest rate is 2.6%. After that, ICBC repays the principal and interest by equal amount, which can be divided into five years at the longest, and the loan interest rate is as low as 3%.
Note: the level of loan interest is also related to the lender's personal comprehensive qualification, the type of loan business applied for, the loan amount, the repayment method and the loan term.
Extended data:
Commercial loans, in fact, can also be called personal housing loans, urban residents can go to the bank to apply for commercial loans when buying a house. In this way, you only need to pay the down payment when buying a house, and the balance will be paid in the form of a loan.
The application conditions for commercial loans mainly include:
1. The applicant should be between 18 and 65 years old.
2. The object of commercial loans is urban residents, so the applicant must have a permanent residence in the town or a valid residence status.
3. The applicant should have a legal and stable job and income, and can provide proof of work and income to prove that you have the ability to repay the loan principal and interest on time.
4. Need to provide a house purchase contract, agreement or letter of intent.
5. Need to provide proof of down payment accounting for at least 30% of the house price. However, different banks may have different requirements for down payment.
6. The applicant must have assets recognized by the lender as collateral or pledge, or have guarantees recognized by the lender.
7. Personal credit should be good, and bad credit records are not allowed on personal credit records.
8. In addition to the above conditions, the lending bank may stipulate other conditions, depending on the bank you are lending.
Changes in commercial loan interest rates:
If the user chooses LPR+ fixed interest rate mode, the commercial loan interest rate will not change during the loan period. The user selects LPR+ floating interest rate model. When LPR is adjusted, the commercial loan interest rate will change in the next year. Therefore, whether the interest rate of commercial loans will change is related to the loan interest rate model.
LPR+ basis point fixed interest rate model and floating interest rate model have their own advantages and disadvantages. Users can choose the loan interest rate model according to their own cognition and needs.
After buying a house, commercial loans are transferred to provident fund:
Commercial loans can be transferred to provident fund loans after buying a house. Users who meet the conditions of commercial loans to provident fund loans can apply for commercial loans to provident fund loans. It should be noted that in some areas, commercial loans need to be paid off before they can be converted into provident fund loans, which requires users to prepare repayment funds in advance. Without sufficient repayment funds, commercial loans cannot be converted into provident fund loans.
However, local regulations allow commercial loans to be directly converted into provident fund loans without repayment, so users do not need to pay off commercial loans in advance. As long as the commercial loan is not overdue and the user meets the conditions of provident fund loan, the business of converting commercial loan into provident fund loan can be directly handled. Since there is no loan limit for commercial loans and there is a limit for provident fund loans, when commercial loans are converted into provident fund loans, you can only apply for provident fund loans within the prescribed limit.
When the amount of provident fund loans is insufficient, users can apply for portfolio loans, which can solve the problem of insufficient provident fund loans. Commercial loans allow users to change to portfolio loans, but users need to meet the conditions of both commercial loans and provident fund loans.