Of course. Ping An Bank's car mortgage supports installment repayment, which can be divided into 36 installments at the longest, and can be settled in advance after 9 months. The loan method is equal repayment of principal and interest. The annual interest rate of the loan starts from 65,438+02% and reaches 65,438+000% of the approved car price. The loan amount ranges from 500 thousand yuan to 30 thousand yuan. Ping An automobile mortgage's application approval and vehicle evaluation are free, and the bank does not charge any other fees except interest.

A mortgage loan is a loan or used to raise funds to buy real estate, and to raise funds for any purpose through existing owners. Or, instead of seizing property. The loan is "mortgaged" on the borrower's property through a process called mortgage initiation. This means that a legal mechanism has been established to allow the lender to possess and sell the secured property ("foreclosure" or "recovery"), while the event loan or other borrowers fail to accept its terms and pay off the loan.

Mortgage loan is a way for the buyer (mortgagor) to borrow money from the bank (mortgagee). That is, the buyer takes the purchased property as collateral, signs a mortgage contract with the bank, and repays the loan to the bank on schedule by taking the way of not transferring ownership as a guarantee. Interest must be paid on this loan. After the buyer (mortgagor) pays off the principal and interest to the bank according to the contract, he can recover the collateral-"house ownership certificate" and "land use certificate".