Take the student loan as an example.

The term of the national student loan is generally not more than 8 years (inclusive) and not more than 4 years after the borrower graduates (the corresponding loan term is determined according to the actual academic system). If the borrower continues to study for a postgraduate or second bachelor's degree after graduation, it can be extended once according to the borrower's application, and the principal and interest of the loan will be paid off within 4 years after graduation of the postgraduate and second bachelor's degree.

2. When does the loan repayment date start?

Generally buy a house from a developer, and start mortgage after signing a formal contract and a loan contract. Mortgage purchase process:

1, first go to the bank to learn about the situation. And check the personal credit information to see if it meets the loan conditions. Then accept the bank's audit to determine the loan amount;

2. Those who meet the loan conditions can sign a house purchase contract with the developer and provide relevant loan materials (husband and wife ID card, marriage certificate, household registration book, income certificate, down payment receipt, proof of no room, etc.). );

3. Next, sign a loan contract with the bank, and the bank will handle insurance. Handle the registration and notarization of property right mortgage;

4. The last thing left is the bank loan. The borrower repays the loan every month and cancels the registration after paying off the principal and interest. Extended data:

Matters needing attention in mortgage: 1. Don't use the provident fund before applying for a loan. If the borrower withdraws the balance of the provident fund to pay the house payment before the loan, then the balance of the provident fund in your provident fund account is zero, so that your other real estate title certificates can go to the real estate transaction core to cancel the mortgage. 2. Don't repay the loan in advance in the first year. According to the relevant provisions of the provident fund loan, part of the prepayment should be made one year after the repayment, and the amount you return should exceed the repayment amount of six months. Don't forget to find the bank around you if you have difficulty in repaying the loan. Don't insist on it yourself when your solvency drops during the loan period and it is difficult to repay. ICBC customers can apply to ICBC for extending the loan term. According to our investigation, if there is no default in loan principal and interest, we will accept your application for extension. 4. Don't forget to inform when renting a house after the loan. When renting a mortgaged house during the loan period, the lessee must be informed of the mortgage facts in writing.

Don't forget to cancel the mortgage after the loan is paid off. When you pay off all the principal and interest of the loan, you can hold the bank's loan settlement certificate and mortgage the houses in the districts and counties where the real estate is located.

6. Don't lose the loan contract and IOUs. To apply for a mortgage loan, the loan contract signed between the bank and you and the iou are all important legal documents. As the loan term can be as long as 30 years, as a borrower, you should take good care of your contracts and IOUs. People's network-four things that should be paid attention to when buying a house with mortgage loan

3. What does the loan application period mean?

It means the term of your loan, generally speaking, how many installments. This period can be said to be a period 10 days, 30 days 1, 1 year 1.

4. What does the loan term mean?

The loan term refers to the repayment period of the loan, that is, how long it takes the borrower to pay off the loan. The loan term is usually calculated in years, which can generally be determined according to the borrower's repayment ability and demand. Generally speaking, the longer the loan term, the lower the monthly repayment amount, but the total interest expense will be more; On the contrary, the shorter the loan term, the higher the monthly repayment amount, but the total interest expense will be less.

Common loan terms are 5 years, 10 years, 15 years, 20 years, 25 years, 30 years, etc. Different loan years are suitable for different types of loans, such as housing loans, vehicle loans and personal consumption loans. When choosing the loan term, the borrower needs to fully consider his repayment ability and future income and expenditure to ensure that the repayment plan is reasonable and feasible.