Estimation of investment interest during the construction period. In order to simplify the calculation, it is usually assumed that the borrowings are disbursed in the middle of each year (no interest will accrue before being disbursed). The first year of the borrowing is calculated on a half-year basis, and the remaining years are calculated on a full-year basis. Calculated annually.

The formula is:

The interest to be calculated in each year = (accumulated loan principal and interest at the beginning of the year/2) * annual interest rate

House loan Conditions for application:

1. Valid ID card and household registration book of the borrower;

2. Proof of marital status. If you are unmarried, you need to provide a certificate of unmarried status. If you are divorced, you need to provide a court civil certificate. Mediation letter or divorce certificate (indicating that they have not remarried after divorce);

3. If you are married, you must provide your spouse’s valid ID card, household register and marriage certificate;

4. Borrower Proof of income (certificate of salary income for six consecutive months or local tax receipt);

5. Property ownership certificate of the property;