What is the interest rate for a commercial loan to buy a house?

The interest rate for a commercial loan to buy a house is 4.35% per year for 6 months. If it has been more than one year, within three years If so, its annual interest rate is 4.75%. In fact, the annual interest rate of such a commercial loan is calculated based on the time limit of the loan.

The interest rate for commercial loans for buying a house is 0-6 months (including 6 months), the annual interest rate is: 4.35%; 6 months-1 year (including 1 year), the annual interest rate is: 4.35%; 1 -3 years (including 3 years), the annual interest rate: 4.75%; 3-5 years (including 5 years), the annual interest rate: 4.75%; 5-30 years (including 30 years), the annual interest rate: 4.90%; loan interest rate needs Comprehensive pricing will be made based on factors such as the type of business you apply for, credit status, guarantee method, etc., and can only be determined after approval by the handling outlet.

Who bears the liability for breach of contract depends on the contract:

(1) If the contract stipulates that the home buyer cannot provide materials in time, or provides incomplete materials, or provides false materials. If the bank mortgage cannot be processed, resulting in the inability to perform the contract between the two parties and the failure to achieve the purpose of the contract, the developer has the right to terminate the contract and may hold the home buyer responsible for breach of contract.

(2) If the contract stipulates that due to the developer's failure to confirm the mortgage loan bank, failure to submit mortgage loan materials in time, etc., the bank mortgage loan cannot be processed, resulting in the inability to perform the contract between the parties and the failure to achieve the purpose of the contract. According to the contract or the provisions of the Civil Code, the home buyer has the right to terminate the contract and require the developer to bear liability for breach of contract.

(3) If the bank mortgage loan is delayed, the loan amount is reduced, or cannot be processed due to bank reasons, the two parties will usually have a supplementary contract or agreement, agreeing that the home buyer will choose, or the home buyer will If the purchase price is paid within the time limit, the buyer has the right to terminate the contract; if the purchase price is not paid within the time limit, the developer has the right to terminate the contract.

Based on the above introduction, the interest rates on commercial loans are different from those on provident fund loans, among which the interest rates on provident fund loans are lower. But in reality, not all people meet the conditions for provident fund loans, so they can only buy a house through commercial loans at this time. Shan Wei Junior High School introduced the specific interest rate of commercial loans for buying a house. At this time, you need to look at the actual loan period. Generally, if the loan period is longer, the interest rate will naturally be higher.

In real life, probably for most young people, and even some people who work for a long time, they still need to rely on external forces, such as commercial loans, to buy a house. etc. Of course, for such a commercial loan, it also has an annual profit requirement and interest provisions.

Legal basis: Article 25 of the "Regulations on the Administration of RMB Interest Rates" If the lender and the borrower have not agreed on interest, and the lender claims to pay interest, the people will not support it.

If the interest rate for a loan between natural persons is unclear and the lender claims to pay interest, the people will not support it. Except for loans between natural persons, if the loan interest agreement is unclear between the borrower and the borrower, and the lender claims interest, the people shall determine the interest based on the content of the private loan contract and the local or party transaction methods, transaction habits, market quotation rates and other factors. .

Article 26 If the lender requests the borrower to pay interest according to the interest rate stipulated in the contract, the people shall support it, except where the interest rate agreed upon by both parties exceeds four times the one-year loan market quotation rate at the time the contract is established. .

What is the commercial home loan interest rate?

Since October 24, 2015, the central bank’s benchmark interest rate has not changed. The details are as follows:

1. Commercial mortgage benchmark interest rate.

(1) For loans within one year, the interest rate is 4.35%.

(2) Loans for one to five years, with an interest rate of 4.75%.

(3) For loans of more than five years, the interest rate is 4.90%.

2. Provident fund housing loan benchmark interest rate.

(1) For loans within 5 years, the interest rate is 2.75%.

(2) For loans of more than 5 years, the interest rate is 3.25%.

Personal housing loan is a kind of consumer loan, which refers to the loan issued by the lender to the borrower for the purchase of ordinary housing for self-use. When a lender issues a personal home loan, the borrower must provide a guarantee.

If the borrower is unable to repay the principal and interest of the loan when due, the lender has the right to dispose of its collateral or pledged property in accordance with the law, or the guarantor shall bear joint and several liability for the repayment of the principal and interest.

Loans are intended for natural persons with full capacity for civil conduct. The loan conditions are that urban residents purchase ordinary houses for self-use and have a house purchase contract or agreement, have the ability to repay principal and interest, have good credit, have a down payment of 30% of the funds required for house purchase, and have a loan guarantee recognized by the bank, etc.

Personal housing loans can only be used to purchase ordinary houses for self-use and urban residents to repair or build self-use houses, and cannot be used to purchase luxury houses.

Personal housing loans mainly have the following three loan forms:

(1) The full name of personal housing entrusted loan is personal housing guaranteed entrusted loan, which refers to the use of housing provident funds by the housing fund management center. Personal housing loans entrusted to commercial banks. Housing provident fund loans are policy-based personal housing loans. On the one hand, they have low interest rates; on the other hand, they are mainly provided to low- and middle-income provident fund paying employees. However, since the interest rate difference between housing provident fund loans and commercial loans is more than 1%, both investors and ordinary people who buy houses for themselves are more inclined to choose housing provident fund loans to purchase houses.

(2) Personal housing self-operated loans are loans issued to individual home buyers with bank credit funds as the source. Also known as commercial personal housing loans and personal housing guaranteed loans.

(3) Personal housing portfolio loans refer to loans issued to the same borrower for the purchase of ordinary housing for self-use from housing provident fund deposits and credit funds. It is a combination of personal housing entrusted loans and self-operated loans. . In addition, there are housing savings loans and mortgage loans.

Processing process:

1. Loan application: The customer fills in and submits the application form and application materials specified by CCB.

2. Pre-loan investigation and interview: CCB interviews the borrower and conducts pre-loan investigation, etc.

3. Loan approval: China Construction Bank conducts loan approval.

4. Sign the contract: After the customer’s loan is approved, the customer signs a loan contract with CCB.

5. Loan disbursement: CCB will disburse loans after meeting the conditions.

6. Customer repayment: Customers repay on time as agreed.

7. Loan settlement.

What is the interest rate for commercial mortgages?

Buying a house is a large expense. Many people cannot afford such funds, so they can only choose to buy a house with a loan. So what is the commercial mortgage interest rate? What are the mortgage interest rates of major banks? Next, the editor will introduce the relevant content to you, let’s take a look.

What is the commercial mortgage interest rate?

The current benchmark interest rate for commercial mortgage loans with a term of more than five years is 4.90%. Affected by the purchase and loan restriction policy, banks in various regions have different adjustments to the interest rates on first-home loans. The national average interest rate for first-home loans is 5.38%, and interest rates generally rise by 5%-20%. The interest rates for second-home loans generally rise by 10%-30%. During the same period, the benchmark interest rate for provident fund loans was 3.25%, and the interest rates for second home loans generally increased by 10%.

What are the mortgage interest rates of major banks?

1. China Construction Bank: the base interest rate is 4.9%, the down payment for the first home is 30%, the base interest rate is increased by 15%, and the down payment for the second home is 40%. The base interest rate is 25%.

2. Industrial and Commercial Bank of China: The base interest rate is 4.9%, the down payment for the first home is 30%, the base interest rate is increased by 20%, the down payment for the second home is 40%, and the base interest rate is 25%.

3. Agricultural Bank of China: The base interest rate is 4.9%, the down payment for the first home is 30%, the base interest rate is increased by 15%, the down payment for the second home is 30%, and the base interest rate is 20%.

4. Bank of China: The base interest rate is 4.9%, the down payment for the first home is 30%, the base interest rate is increased by 15%, the down payment for the second home is 40%, and the base interest rate is 25%. Loans can be applied for cooperative real estate projects.

5. Bank of Jiangsu: The base interest rate is 4.9%, the down payment for the first home is 30%, the base interest rate is increased by 15%-25%, the down payment for the second home is 30%, the base interest rate is 25%, and the loan time is about two weeks. Can.

6. Postal Bank: The base interest rate is 4.9%, the down payment for the first home is 30%, the base interest rate is increased by 20%, the down payment for the second home is 40%, and the base interest rate is 30%.

7. Bank of Communications: The base interest rate is 4.9%, the down payment for the first home is 30%, the base interest rate rises by 20%, the down payment for the second home is 40%, the base interest rate is 25%-30%, and the loan time is about three months. Can.

Article summary: The above is the relevant content introduced by the editor about the commercial mortgage interest rate and the mortgage interest rate of major banks. I hope it can help some friends in need.

What is the interest rate for commercial house purchase loans?

The current bank loan annual interest rates are as follows: 4.85% for loans within six months (including 6 months), 4.85% for loans between six months and one year (including 1 year) loan 4.85%, one to three years (including 3 years) loan 5.25%, three to five years (including 5 years) loan 5.25%, loan over five years 5.40% The monthly payment and total interest for the 30-year equal principal and interest repayment method are as follows: 20-year equal principal and interest repayment method: total loan amount 100,000.00 yuan, number of repayment months 240 months, monthly repayment 682.25 yuan, total interest paid 63,740.38 yuan, total principal and interest 163,740.38 yuan Equal principal and interest repayment method for 30 years: total loan amount 100,000.00 yuan, number of repayment months 360 months, monthly repayment 561.53 yuan, total interest paid 102,151.09 yuan, total principal and interest 202,151.09 yuan

How much is the interest on a commercial loan to buy a house

1. The interest rate of commercial loans for buying a house is related to the loan amount, loan interest rate, repayment method, and repayment period. At present, the commercial loan interest rate for buying a house is based on the central bank's benchmark interest rate, and each commercial bank fluctuates up or down the benchmark interest rate according to the actual situation.

2. The central bank’s benchmark interest rate for commercial loans to buy a house is: within 1 year, 4.35%; 1-5 years, 4.75%; and more than 5 years, 4.9%.

3. Assume that Xiao Xi chooses a China Merchants Bank loan to buy a house, with an amount of 600,000, an interest rate 10% higher than the central bank’s benchmark, equal principal and interest repayment, and a 30-year term. Then, Xiao Xi’s total *** The loan interest to be borne is 611,558.54 yuan.