First, Suzhou mortgage interest rate policy
Suzhou mortgage interest rate policy was jointly issued by Suzhou Bank and the Central Bank. According to the policy of Suzhou Bank, the interest rate policy of Suzhou mortgage is as follows:
1. Commercial loan: on the basis of the benchmark interest rate, it will fluctuate by 0.7%- 1.3% every year according to the loan term, with the maximum not exceeding 7.5 times of the benchmark interest rate;
2. Provident fund loan: on the basis of the benchmark interest rate, it will fluctuate by 0.5%- 1. 1% every year according to the loan term, with the maximum not exceeding 7.5 times of the benchmark interest rate;
3. Portfolio loan: On the basis of the benchmark interest rate, it will fluctuate by 0.6%- 1.2% every year according to the loan term, with the maximum not exceeding 7.5 times of the benchmark interest rate.
Second, the floating range of Suzhou mortgage interest rate
The floating range of Suzhou mortgage interest rate depends on the loan term. Generally speaking, the longer the loan term, the greater the fluctuation of the loan interest rate. According to the policy of Suzhou Bank, the floating range of Suzhou mortgage interest rate is as follows:
1. Commercial loan: the loan term is within 1 year, with an annual fluctuation of 0.7%; Loan term 1-5 years, with an annual fluctuation of 0.8%; The loan term is 5-30 years, with annual fluctuation of1.3%;
2. Provident fund loan: the loan term is within 1 year, with an annual fluctuation of 0.5%; Loan term 1-5 years, with an annual fluctuation of 0.6%; The loan term is 5-30 years, with annual fluctuation of1.1%;
3. Portfolio loan: the loan term is within 1 year, with an annual fluctuation of 0.6%; Loan term 1-5 years, with an annual fluctuation of 0.7%; The loan term is 5-30 years, with annual fluctuation of 1.2%.
Third, the calculation method of Suzhou mortgage interest rate
The calculation method of Suzhou mortgage interest rate is based on the difference of loan term and benchmark interest rate, which is calculated by floating a certain percentage every year, not exceeding 7.5 times of benchmark interest rate. The specific calculation method is as follows:
1. Commercial loan: loan interest rate = benchmark interest rate ×( 1+ floating ratio);
2. Provident fund loan: loan interest rate = benchmark interest rate ×( 1+ floating ratio);
3. Portfolio loan: loan interest rate = benchmark interest rate ×( 1+ floating ratio).
Fourth, Suzhou mortgage interest rate preferential policies
In order to encourage more buyers to buy houses, Suzhou Bank has also introduced a series of preferential policies to reduce the loan interest rate of buyers. The specific preferential policies are as follows:
1. For eligible buyers, the loan interest rate can be lowered by 0.5 percentage point;
2. For qualified property buyers, they can enjoy the extension of the loan period, which can be extended by 5 years;
3. For qualified buyers, you can enjoy an increase in the loan amount, up to 50%.
Verb (abbreviation of verb) Suzhou mortgage interest rate application process
The application process of Suzhou mortgage interest rate is in accordance with the regulations of Suzhou Bank. Property buyers need to submit relevant information, and the bank will apply for Suzhou mortgage interest rate after review. The specific application process is as follows:
1. Prepare relevant materials: the buyer needs to prepare ID card, household registration book, marriage certificate, social security certificate, work certificate and other materials;
2. Material submission: Property buyers need to submit the prepared materials to Suzhou Bank;
3. Review materials: Suzhou Bank reviews the materials submitted by the buyers;
4. Apply for a loan: After approval, buyers can apply for Suzhou mortgage interest rate.
Matters needing attention of Suzhou mortgage interest rate
When applying for Suzhou mortgage interest rate, buyers need to pay attention to the following points:
1. Buyers need to prepare sufficient information for bank review;
2. Buyers need to know the policy of Suzhou mortgage interest rate in order to better understand the change of loan interest rate;
3. Buyers need to know the floating range of Suzhou mortgage interest rate in order to better grasp the change of loan interest rate;
4. Buyers need to know the calculation method of Suzhou mortgage interest rate in order to better grasp the change of loan interest rate;
5. Buyers need to know the preferential policies of Suzhou mortgage interest rate in order to better enjoy the preferential loan interest rate;
6. Buyers need to know the application process of Suzhou mortgage interest rate in order to better apply for loans.
The policy, floating range, calculation method, preferential policies and application process of Suzhou mortgage interest rate are all important contents that buyers need to know when applying for Suzhou mortgage interest rate. I hope this article can help more buyers understand Suzhou mortgage interest rate policy, so as to better grasp the change of loan interest rate, enjoy preferential loan interest rate and apply for loans smoothly.