20 19- 10 Shenzhen commercial personal housing loans will be priced with full reference to the loan market quotation (LPR), so what is the interest rate of the first home loan in Shenzhen in 2020?

1, LPR: loan market quoted interest rate, which is the loan interest rate executed by commercial banks for their high-quality customers. Other loan interest rates can be generated by adding and subtracting points on this basis.

2. After the implementation of LPR pricing, the interest rate of the first set of individual housing loans in China shall not be lower than the quoted interest rate of the corresponding term loan market, and the interest rate of the second set of individual housing loans shall not be lower than the quoted interest rate of the corresponding term loan market plus 60 basis points.

3. Provident fund loan, the interest rate of the first home loan in Shenzhen is still the previous loan interest rate, namely:

(1) 3.25% for loans over 5 years;

(2) 2.75% of the loan for less than 5 years (including 5 years).

Provident fund loan amount:

(1) 14 times the balance of the applicant's provident fund account;

(2) The sum of the applicant and the calculated loanable amount and the balance of the applicant's provident fund account is 14 times.

Note: The single loan applied by an individual does not exceed 500,000, and the single loan calculated by the applicant's participating bank does not exceed 900,000.