Under normal circumstances, it is illegal to have an annual interest rate of more than 36%. Generally, there are the following situations. The annual interest rate of the bank is about 4% to 10%. At present, the lowest is China Construction Bank, which can achieve a minimum term of 3 years and an annual interest rate of 3.75%. The order of interest rate from low to high is state-owned banks-city commercial banks-village banks, and the highest is village banks, but rarely more than 9%. Being supervised, the requirements for customers are also the highest and greatest.

The second level: financial platform, small loan company and mortgage business. Most companies contacted by ordinary loan customers are platform services, mainly financing. Some cooperate with banks and trust companies. While giving money, expose the bottom and distribute the benefits together. So the cost of natural capital will be higher than that of banks, so the interest rate is generally between 10%-20%. Understandably, there are intermediaries who earn the difference. Of course, this level has much looser requirements for customers than banks, but it also has a basic risk control model.

The third level: private lending and pawn, from the perspective of legitimacy, many have certain violations, but few have major violations. China's law clearly stipulates that the interest rate of private lending is 24%, and the interest rate exceeding 36% will be returned.

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Basic conditions of personal real estate mortgage loan

1。 A natural person with People's Republic of China (PRC) nationality and full capacity for civil conduct;

2. Hold valid identity documents;

3. Have a stable and legal source of income;

4. The mortgaged property has clear property rights and can be listed and circulated;

5. Other conditions stipulated by the bank.

The annual interest rate of things protected by law is 24%, of which 24%-36% is in the field of natural debt. If you give it, you can't return it. If you don't give it, you can give it away. More than 36% of them are illegal and not protected by law.

For the house that is still mortgaged, the bank loan amount is the part of the mortgaged property according to the current market value. Only when the amount and cycle of housing mortgage loan are determined will the corresponding loan interest rate be determined. If you are interested in this, you can check the bank's interest rate table for the same period. According to the loan cycle you apply for, you can find the corresponding benchmark interest rate.

For example, if you mortgage a house for one year, the benchmark interest rate is about 6.56%. But generally speaking, the bank loan interest rate will rise by a certain percentage on the basis of the benchmark interest rate, which is about 10%-30%. Therefore, the bank loan interest rate of housing mortgage loan is generally the benchmark interest rate+floating ratio. Due to the decline in the central bank's loan interest rate, the current mortgage interest rate is about 10% higher than the original, and it is 4.785% for six months (inclusive); 4.785% for half a year to one year (inclusive); One to three years (inclusive) 5.225%; 3 to 5 years (inclusive) is 5.225%; More than five years: 5.39%