If the loan term of the borrower exceeds 5 years, the benchmark interest rate is 4.9%, if the loan term is 3-5 years (inclusive), the benchmark interest rate is 4.75%, if the loan term is 1-3 years (inclusive), the benchmark interest rate is 4.75%, if the loan term is 1 year (inclusive)
There are two main repayment methods for mortgage bank loans with real estate license, one is equal principal and interest, and the other is average capital. Choosing different repayment methods, the calculation method of loan interest is different, and the loan interest is also different.
1. If equal principal and interest are selected to repay the loan, the mortgage interest calculation formula of the real estate license is as follows:
Monthly repayment amount = [loan principal × monthly interest rate ×( 1+ monthly interest rate) total repayment period ]≤[( 1+ monthly interest rate) total repayment period-1].
2. If the average capital is selected to repay the loan, the mortgage interest calculation formula of the real estate license is as follows:
Monthly repayment amount = (loan principal/repayment months)+(principal-accumulated amount of repaid principal) × monthly interest rate.
In addition, the term of mortgage bank loan with real estate license is generally 1-20 years, and the longest term will not exceed 30 years.
It is understood that lending institutions will set different loan interest rates according to personal loan purposes and other factors. Generally speaking, because the business risk of an enterprise is relatively high, the borrower is likely to lose money, so the loan interest rate for business operation is higher than that for daily consumption. At present, in the market, the loan interest rate of enterprises will rise by about 50% compared with the benchmark interest rate of the same period and grade, while the loan interest rate of consumers will mostly rise by about 30%. In addition, lending institutions will also consider the borrower's credit, economic strength, collateral value and other factors, so the loan interest rates of different lending institutions and different loan products will be different, and the specific interest calculated will naturally be different.