The bank loan interest rate is comprehensively evaluated according to the credit situation of the loan, and the loan interest rate level is determined according to the credit situation, collateral and national policies. If all aspects are evaluated well, the mortgage interest rates implemented by different banks may be different. As of March, 20 19, mortgage interest rates in various regions of the country generally rose, and the interest rate of the first home mortgage in Kaifeng rose by about 10% on the basis of the benchmark interest rate. The specific loan interest rate shall be subject to the actual interest rate stipulated by the loan bank. The lending rates of all banks are adjusted according to the benchmark interest rate of the central bank.

At present, the benchmark loan interest rate in China is as follows:

I. Short-term loans

Within one year (including one year) 4.35%

Second, medium and long-term loans

One to five years (including five years) 4.75%

More than five years, 4.90%

Three, the individual housing provident fund loan annual interest rate

Less than five years (including five years) 2.75%

More than five years, 3.25%.