In 2022, the benchmark interest rate of China Construction Bank's 30-year ordinary commercial loan is 4.9%, and the benchmark interest rate of mortgage is 4.3%. In addition, commercial loans and mortgages need to be combined with banks and floating interest rates.

How much is the 30-year interest on a 600,000 loan?

The 30-year interest on a loan of 600,000 yuan is as follows:

Taking mortgage as an example, according to the benchmark interest rate of the central bank, the annual interest rate of commercial loans for more than five years is 4.90%, and that of provident fund loans for more than five years is 3.25%.

I. Commercial loans

1, the repayment method of equal principal and interest is 600,000 yuan, and the total interest of the loan for 30 years is 546,369.72 yuan.

The average repayment method of 26,000 loans has a total interest of 442,225 yuan in 30 years.

Second, provident fund loans.

1, the repayment method of equal principal and interest is 600,000 yuan, and the total interest for 30 years is 340,045.65 yuan.

The total interest of the 30-year average repayment method for the loan of 26,000 yuan is 293,365,438+02.5 yuan.

Borrowers who need to apply for loans need to meet the following conditions:

1, with full capacity for civil conduct and legal and valid identity documents;

2. Have the ability to repay the loan principal and interest;

3. Good credit status;

4. A legal and effective house sales contract has been signed, and the house purchased is for residential purposes;

5, there is no less than the minimum required proportion of the first payment certificate;

6. Set mortgage guarantee for the purchased house in principle;

7. Other conditions stipulated by the bank.

In addition, the loan term shall not exceed 30 years at the longest, the loan interest rates of major banks shall be implemented in accordance with the relevant regulations of the People's Bank of China, and the maximum loan amount shall not exceed 80% of the transaction price of the purchased house, specifically in accordance with the relevant provisions of the local differentiated housing credit policy.

30-year loan interest rate

Commercial loans: within one year (inclusive), the benchmark interest rate of central bank loans is 4.35%; For medium-term loans from one year to five years (inclusive), the benchmark interest rate of central bank loans is 4.75%; For long-term loans of more than five years, the benchmark interest rate of central bank loans is 4.9%.

Provident fund loans: 2.75% for less than five years (including five years) and 3.25% for more than five years.

So the 30-year loan interest rate is 4.9% or 3.25%, but because commercial banks generally raise interest rates, the real interest rate of commercial loans is greater than 4.9%.

Commercial loans and provident fund loans have two repayment methods: equal principal and interest and average capital. For example, (commercial loan): If the loan principal is 300,000 yuan and the term is 30 years, according to the benchmark annual interest rate of the People's Bank of China for loans over five years: 4.90% (unchanged),

The repayment method of equal principal and interest is adopted: monthly payment:1592 438+08; Total repayment: 57,365,438+084.86; Total interest: 27,365,438+084.86;

The average principal repayment method is adopted: the monthly payment decreases, such as the first phase: 2058.33; Subsequently, the amount of each period will decrease in turn: 3.4; Total repayment: 521112.5; Total interest: 22 1 1 12.5. For the same loan time, the equal principal and interest is higher than the average capital interest.

What is the interest rate of China Bank's house loan for 30 years?

The interest rate for a 30-year mortgage is generally 4.9%. At present, the annual interest rate of provident fund loans for more than five years is 3.25%, and that of commercial loans for more than five years is 4.9%. Of course, the annual interest rates of major banks can rise on the basis of the benchmark interest rate, subject to the announcements of major banks. For example, the benchmark interest rate rises 10%, the annual interest rate is 5.39%, and commercial loans 10 19200.

In addition, the interest rate of mortgage is not static and will be adjusted with the development of economy.

This is the end of the introduction of 30-year benchmark interest rate for loans and 30-year benchmark interest rate for housing loans. I wonder if you have found the information you need?