Interest on the second-home provident fund loan: the annual interest rate for less than five years (including five years) is 3.85%; The annual interest rate for more than five years is 4.40%. At present, the benchmark interest rate for the first home loan and the benchmark interest rate for the second home loan of the provident fund is 1. 1 times. The increase is related to the qualifications of borrowers and other factors.

Interest on second-home provident fund loans: Bank of China, China Banking Regulatory Commission and Ministry of Housing and Urban-Rural Development jointly issued a document to reduce the down payment ratio of second-home commercial loans from 60% to 40%, and the down payment ratio of first-home provident fund loans to 20%.

If the first home loan has been settled, the down payment ratio of the second home loan will be reduced to 30%. In addition, the Ministry of Finance will also exempt individual commercial housing sales business tax from the previous five years to two years.

Interest rate of second-home commercial loan:

Benchmark interest rate for commercial loans: 5.90%.

In the new mortgage policy, if you have 1 house but the loan has been settled, you can apply for a loan to buy a "second house", and the loan interest rate can be 30% off the benchmark; At present, the house 1 and mortgage are not settled. If you refinance to buy a "second house", the lowest interest rate will go up 10%.

Interest rate of second-home provident fund loan:

Loan term: 3.85% within 5 years (inclusive); More than 5 years, 4.40%.

At present, the benchmark interest rate for the first home loan and the benchmark interest rate for the second home loan of the provident fund is 1. 1 times. The increase is related to the qualifications of borrowers and other factors.

What is the interest rate of the second home loan in 2022?

Since 2022, the price of LPR has been lowered by 65438+ three times in June, May and August, and the price of LPR*** over five years has been lowered by 35 basis points. At the same time, on May 15, the People's Bank of China and the China Banking Regulatory Commission adjusted the differentiated housing credit policy, and adjusted the lower limit of the interest rate of the first set of commercial personal housing loans to not less than the loan market quotation rate (LPR) of the same period minus 20 basis points, while the lower limit of the second set of commercial personal housing loans remained unchanged.

After the LPR was lowered and the lower limit of mortgage interest rate was adjusted, since 2022, the lower limit of the national first home loan interest rate has been reduced by 55 basis points, from 4.65% to 4. 1%, and the lower limit of the second home loan interest rate has been reduced by 35 basis points, from 5.25% to 4.9%.

At the third regular meeting of the Monetary Policy Committee held at the end of September, 2022, the People's Bank of China said that the LPR reform dividend was released continuously, the transmission efficiency of monetary policy was enhanced, and the loan interest rate was stable and decreased. It is expected that the RMB exchange rate will be generally stable, floating in both directions and enhancing its flexibility. Therefore, the market still has expectations for the future LPR downward adjustment, and it is expected that there will still be room for downward adjustment in the fourth quarter.

In 2022, the bank interest rate of the second home loan shall not be lower than 1. 1 times the benchmark interest rate of the central bank loan, which is:

1. Commercial loan: short-term loan interest rate is 4.35% within 6 months (including 6 months), 4.35% from 6 months to 1 year (including 1 year), and 4.75% from 1 year to 3 years (including 3 years), 5.

2. Benchmark interest rate of provident fund loans: 2.75% for less than five years (including five years) and 3.25% for more than five years.

Second home loan interest rate

China has implemented many related policies for the skyrocketing real estate industry, and formulated relevant interest rate standards for loans to buy the first suite, the second suite and multiple suites. Let's learn about the interest rate of the second home loan in Bian Xiao.

First and second home loan interest rates

The interest rate of the second home loan is generally adjusted to 1. 1 times the benchmark interest rate stipulated by the cost bank, for example, 1, and the interest rate of the commercial loan for purchasing the second home for less than 6 months is 5.6%, and its 1. 1 times is 6.16. The interest rate for 6- 12 months is 6%, and its execution interest rate for 1. 1 times is 6.6%. 1-3-year interest rate 6. 15%, 1. 1 execution interest rate 6.765%. The interest rate for 3-5 years is 6.4%, and its 1. 1 multiple execution interest rate is 7.04%. The interest rate for more than five years is 6.55%, and its 1. 1 multiple execution interest rate is 7.205%.

2, provident fund loans to buy two suites

If you choose a provident fund loan to buy a second suite, the benchmark loan interest rate will be 4% and the execution interest rate will be 4.4% within 5 years. The benchmark interest rate for more than five years is 4.5%, and the loan execution interest rate is 4.95%.

What is the role of interest rate adjustment of second-home loans and second-home loans?

In China, the adjustment of loan interest rate for residents to buy a second house is mainly to control credit risk. Presumably many people think that the real estate industry is like a big bubble. At the same time, it expanded rapidly and contained numerous crises, which broke out by accident. At this time, restricting purchases and adjusting mortgage interest rates are all aimed at cooling down the real estate market, neutralizing and regulating the appetite of the entire real estate industry.

For example, the increase in the interest rate of the second home loan 10% means that the down payment ratio is also relatively high. People who want to buy a second home need to pay more down payment, which reduces the risk of bank credit reduction to a certain extent, and can also alleviate the phenomenon that house prices rise too fast, thus reducing the willingness to speculate and allowing more people to buy houses.