It's all the same. The loan interest rate of mortgage loan is 5.94%, which is 1. 1- 1.5 times higher!
2. Which bank has the lowest interest rate on home loan? Which bank is the most cost-effective for buying a house loan?
If you want to use commercial loans to buy a house, the benchmark interest rates of major banks are the same. But different banks have different preferences for loans. When buying a house loan, if you want to choose a bank with low interest rate and see which bank has the most favorable loan discount, you can choose a bank that meets your own conditions to make a loan. So, which bank has the lowest interest rate on home loan? Which bank is the most cost-effective for buying a house loan?
Which bank has the lowest interest rate on home loan?
The five major banks all ask which bank has a low interest rate and can only discount it according to the activities of the People's Bank of China. Generally, it's almost the same, but the buyer is a VIP of the bank.
The benchmark interest rates of commercial housing loans are all the same, depending on which discount is 7-8.5 fold, and the two benchmark interest rates will go up 10%.
Which bank is the most cost-effective for buying a house loan?
1. First of all, the mortgages of commercial banks are supervised by the central bank, and the loan conditions are similar. However, if it is a new house mortgage, several banks will cooperate to handle the mortgage, so basically as the owner, the loan procedures and approval are relatively simple, and there will be real estate.
2. If you want to apply for a second-hand housing loan, most banks visit several loan banks to see the interest rates and repayment methods they provide and calculate the detailed accounts. In addition, if the bank has acquaintances, it is more convenient to approve, and some banks can also offer preferential interest rates.
The amount of bank loans has been tight for many years. At present, bank mortgage lending is very slow, basically taking 2 to 3 months. In particular, the approval procedures of state-owned banks such as the establishment of diplomatic relations between workers and peasants are stricter, and lending will be slower. You may wish to consider the Postal Savings Bank or the city commercial bank, and the loan will be faster.
From the knowledge of which bank calculates the interest of housing loan, we can see that if you want to apply for a loan to buy a house, it depends on which bank you choose. The benchmark interest rates of major banks are still the same, but the loan policies of different banks are different, which we need to understand clearly. Which bank loan is the most cost-effective, but also depends on whether the buyers meet some restrictions and policies of bank loans to buy a house.
Third, where is the most cost-effective loan? Where is the loan interest lower?
For modern people, "loan" is nothing new. In real life, whether buying a house or a car, people's first reaction is to go to the bank to apply for relevant loans. With friends consulting, where is the loan cost-effective? Where is the loan interest lower? Let's get to know each other!
Where is the loan cost-effective? It is more cost-effective to apply for a bank than to apply online. Applying for ordinary bank loans is more cost-effective than applying for online loans. It is more cost-effective to apply for bank provident fund loans than to apply for other bank loans. Applying for loans from state-owned banks is more cost-effective than applying for loans from other banks. It is usually more cost-effective to apply for a loan from the People's Bank of China than to borrow from other banks. Of course, depending on the repayment method applied by the lender, the loan interest will be different. Applying for a loan with average capital is definitely more cost-effective than applying for a loan with equal principal and interest. If the lender applies for a car loan, the shorter the loan period, the lower the loan interest rate. If the lender wants to apply for a mortgage, the longer the repayment period, the more cost-effective. Generally speaking, the most cost-effective loans are definitely the four major banks, followed by commercial banks, and then local small banks such as village banks. Lenders are also advised to compare and try to choose the right loan bank. Where is the loan interest lower? Generally speaking, the loan interest rates of financial institutions will fluctuate on the benchmark interest rate of the central bank. Banks generally float 10%-24%. Online small loan platforms usually fluctuate between 20% and 36%. So going to the bank to apply for loan interest is the lowest. The above is the relevant content sharing of "where is the loan cost-effective", I hope it will help everyone!