Minsheng Bank mortgage interest rate: 4.35% for short-term loans within one year (including one year), 4.75% for medium- and long-term loans between one and five years (including five years), and 4.9% for more than five years.
Mortgage interest rate refers to a loan obtained from a bank using real estate. The interest on the loan must be paid according to the interest rate specified by the bank. China's mortgage interest rates are uniformly stipulated by the People's Bank of China, and each commercial bank can float within a certain range when implementing it.
China's mortgage interest rates are not always constant, but change frequently. The form is that interest rates have been rising, so the situation before and after the interest rate increase is often compared.
Personal housing loan is a kind of consumer loan, which refers to the loan issued by the lender to the borrower for the purchase of ordinary housing for self-use. When a lender issues a personal home loan, the borrower must provide a guarantee. If the borrower is unable to repay the principal and interest of the loan when due, the lender has the right to dispose of its collateral or pledged property in accordance with the law, or the guarantor shall bear joint and several liability for the repayment of the principal and interest.
Loans are intended for natural persons with full capacity for civil conduct. The loan conditions are that urban residents purchase ordinary houses for self-use and have a house purchase contract or agreement, have the ability to repay principal and interest, have good credit, have a down payment of 30% of the funds required for house purchase, and have a loan guarantee recognized by the bank, etc.
Personal housing loans can only be used to purchase ordinary houses for self-use and urban residents to repair or build self-use houses, and cannot be used to purchase luxury houses.
Personal housing loans refer to loans issued by lenders to borrowers for the purchase of ordinary housing for self-use. Personal housing loan business is one of the main asset businesses of commercial banks. Refers to the loans that commercial banks open to borrowers for the borrower to purchase first-time housing (that is, housing developed and constructed by real estate developers or other qualified development entities and then sold to individuals). Personal housing loans mainly have the following three loan forms:
(1) The full name of personal housing entrusted loans is personal housing guaranteed entrusted loans, which refers to the individual housing funds management center entrusting commercial banks to issue them using housing provident funds. Home loans. Housing provident fund loans are policy-based personal housing loans. On the one hand, they have low interest rates; on the other hand, they are mainly provided to low- and middle-income provident fund depositing employees. However, since the interest rate difference between housing provident fund loans and commercial loans is more than 1%, both investors and ordinary people who buy houses for themselves are more inclined to choose housing provident fund loans to purchase houses.
(2) Personal housing self-operated loans are loans issued to individual home buyers with bank credit funds as the source. Also known as commercial personal housing loans and personal housing guaranteed loans.
(3) Personal housing portfolio loans refer to loans issued to the same borrower for the purchase of ordinary housing for self-use using housing provident fund deposits and credit funds as sources. It is a combination of personal housing entrusted loans and self-operated loans. . In addition, there are housing savings loans and mortgage loans.