Decoration loan

Generally speaking, the interest rate of decoration loans is relatively low. At present, the bank's renovation loan interest rate is only 2.58% (0.00258), and the monthly interest rate is 5 16 yuan.

Decoration loans, if credit loans, belong to the above. If it is a consumer loan, it is a mortgage loan. The maximum loan amount in Guangzhou is 1000000, and the longest service life is10 year. Interest rates usually rise by at least 25%.

Commercial loans, as the name implies, need a business license, and can apply for up to 70% of the assessed value. Flexible life span, 120 to 30 years, but you generally don't apply. Generally speaking, the operating loan interest rate rises by about 15%, some of which are very low and some will be higher.

Second,

3. How many years can I borrow a decoration loan?

Decoration can't be loaned. The longest term of mortgage loan is 30 years.