① If a second-hand house is purchased with a provident fund loan, the maximum loan period is 20 years, and the loan period cannot exceed the remaining service life on the benchmark date of house evaluation.
(2) When applying for a second-hand housing loan, the loan term cannot exceed five years after the borrower's statutory retirement age.
(3) If the above loan term exceeds any term, the shortest loan term shall be the specific loan term.
(4) If commercial loans are used to purchase second-hand houses, the longest loan period is 30 years. The above are actually some regulations on the loan life of second-hand houses. In general, the longer the loan period, the higher the loan interest rate and the more interest it generates. Therefore, for people who buy a house by loan, it is very important to choose the loan term that suits them. Generally, the loan term from 10 to 15 is more suitable.