First, the repayment period is different. In Shang Dynasty, it was 10 year. During the loan period, it was necessary to repay the bank loan principal and interest in equal amount every month. For 30-year long-term loans and short-term repayment, the loan and interest can be paid off 10 years in advance, and the interest for the remaining years can be saved.

Second, the repayment amount and interest are different. The benchmark interest rate of the Shang Dynasty for more than 5 years is 1.94, and the repayment amount and interest in the Shang Dynasty 10 year are more than those in the 30 years. The loan amount of Shang Dynasty can reach 70% of the house price.

Third, the repayment pressure is different. 10 The repayment form of Shang Dynasty can be repaid according to the selected form, and there are three main forms.

1. Ordinary commercial loan (no need to use the buyer's loan to pay off)

2. Quick commercial loan (the buyer's loan needs to be paid off, and the guarantee institution provides phased guarantee).

3, provident fund loans (many procedures, time-consuming, relatively risky for the seller)

30 years of long-term loans and short-term loans can also choose the repayment period according to the economic situation of individual families.

Baidu encyclopedia-commercial loan