First of all, the maximum term of individual housing loan is 30 years, and the limit is 10 year; Men under 60, women under 55.

People who buy houses are generally divided into three types. The first one has no money at hand and can only pay the down payment, and the salary will not pay off the mortgage in a very high time; The third kind, local tyrants, need not be considered at all.

Many people choose to pay off their mortgage in a short time (1- 10) for the following reasons: First, they don't like owing money, they feel uncomfortable all over, or they are too early and too easy; Second, the interest paid to banks in the short term is much less, so it is impossible to be cheap for nothing. Therefore, they have a good life.

There are also some people who choose to pay off their mortgages in the ultra-long term (30 years) for the following reasons: First, they really have no money and their monthly salary is not high. Economic conditions determine that I can only choose 30 years; Second, if you have an investment vision, you can make more money by investing in wealth management. Third, in the long run, the mortgage will not change, but the economic level and wage level will appreciate, so you can still make a profit! Therefore, they will be experts for 30 years.

According to the conclusion of comprehensive conditions such as loan interest rate, it is suggested that the repayment period is 15-20, and the total interest paid is reasonable and will not be greatly affected. Of course, the most important thing is to go according to personal economic situation.

Second, what kind of loan is cost-effective?

First, what kind of loan is cost-effective? Which loan is the most cost-effective? It must be analyzed in combination with everyone's actual situation. If so, provident fund loans are of course the most cost-effective compared with commercial loans. 1. Of course, provident fund loans are the first choice for commercial loans and provident fund loans. The interest rate of provident fund loans is low, the monthly interest paid to banks is low, and the relative pressure is small. 2. Commercial loans and portfolio loans are a mixture of commercial loans and provident fund loans. Generally, in the case that the loan amount is large and the provident fund cannot be met, this method still has advantages over commercial loans. 3. When commercial loans are purely commercial loans, we should pay more attention to banks. Under the same benchmark interest rate, which bank? 1. Don't use the provident fund before applying for a loan. If the borrower takes the balance of the provident fund to pay the house payment before the loan, the balance of the provident fund in your provident fund account will be zero, and your provident fund loan amount will be zero, which means you will not apply for a provident fund loan. 2. Don't repay the loan in advance in the first year. According to the relevant provisions of the provident fund loan, part of the prepayment should be made one year after the repayment, and the amount you return should exceed the repayment amount of six months. Don't forget to find the bank around you if you have difficulty in repaying the loan. Don't insist on it yourself when your solvency drops during the loan period and it is difficult to repay. ICBC customers can apply to ICBC for extending the loan term. According to our investigation, if there is no default in loan principal and interest, we will accept your application for extension. 4. Don't forget to inform when renting a house after the loan. When renting a mortgaged house during the loan period, the lessee must be informed of the mortgage facts in writing. Don't forget to cancel the mortgage after the loan is paid off. When you have paid off all the loan principal and interest, you can go to the district/county real estate trading center where the property is located to cancel the mortgage with the bank's loan settlement certificate and other real estate rights certificates of the collateral. 6. Don't lose the loan contract and IOUs. To apply for a mortgage loan, the loan contract signed between the bank and you and the iou are all important legal documents. As the loan term can be as long as 30 years, as a borrower, you should take good care of your contracts and IOUs. For different mortgage groups, people who can't unify all say that provident fund loans or commercial loans are the most cost-effective for us. This must be combined with the price of the house purchased, and you can choose the way of loan to make a comprehensive comparison. Sometimes house prices are too high to simply choose provident fund or commercial loans. You can also consider portfolio loans, but compared with commercial loans, commercial loans may have more advantages for yourself.

Third, is it cost-effective to buy a house with commercial loans?

Hello, if you apply for a first-hand real estate loan, you can first confirm with the developer whether there is a cooperative relationship with our bank. If so, you can directly contact the resident staff of the real estate and give the information to the staff. If not, it is generally necessary to contact the local personal loan department to provide personal information and purchased real estate before applying. To apply for a first-hand property loan, the following application materials are generally required: 1. Identification materials: ID card, military officer's card, etc. ; 2. Marriage certification materials: marriage certificate, divorce certificate, unmarried statement, etc. ; 3. Use certificate: the original property right certificate of the purchased property, the purchase contract, the purchase contract, and the down payment receipt confirmed by the seller (if the transaction funds are supervised, the supervision fund entry certificate is enough); 4. Proof of repayment ability. If you need to provide other information about the loan, the handling bank will inform you in time, or you can confirm these information in detail through the handling bank when applying for the loan.

Loan is the result of comprehensive calculation based on loan amount, execution interest rate, loan term, repayment method and other factors, and the actual monthly payment cannot be calculated only based on loan amount.

To calculate the monthly information for reference, please open the following link:/cmbwebpubinfo/cal _ loan _ per.aspx? Chnl=dkjsq tries to use the benchmark interest rate of the current loan to try monthly payment. (You can view information such as monthly payment, monthly principal, monthly interest, principal balance, total interest and total repayment).

4. How many years is a commercial loan more cost-effective?

1. The maximum term of individual housing loan is 30 years;

2. The longest term of personal commercial housing loan is 10 year;

3. Men under 60 years old and women under 55 years old. The question of "how many years of mortgage loan is appropriate" cannot be generalized, but should be discussed according to the different income and economic situation of buyers. Generally speaking, the longer the loan term, the less the monthly repayment amount; The shorter the loan period, the higher the monthly repayment amount. If the lender's income is stable and relatively high, it is suitable to choose short-term loans. The shorter the time, the less interest. For people whose high income is only for temporary turnover, this can save a lot of mortgage interest. For people with unstable income or low income, it is more cost-effective to lengthen the life span considering their own income problems. Although the choice of mortgage period is closely related to the economic strength of buyers, in the eyes of experts, there are different mysteries. Judging from the current mortgage interest rate, under normal circumstances, it is generally recommended that buyers choose the repayment period of 15-20 years, so that the total interest paid is relatively reasonable.