The interest rate of the first home loan and the second home loan is different. Although the mortgage interest rate of each bank will fluctuate according to the benchmark interest rate of the central bank. But the mortgage interest rate of the second suite is higher than that of the second suite, usually 5% to 1% higher. Only in different regions and different banks, the increase this time will be very different.

1. For the specific interest rate, please consult the local bank staff. Most banks in Shanghai have 4.85% to 5.29% loans for the first home, while the loan interest rate for the second home is 5.39%.

2. Besides the difference in loan interest rate, there will be some differences in the down payment ratio of the first and second suites. For example, the bank's commercial loan, the first set of down payment is 3%, while the second suite is 4%. Buying the first set of ordinary self-occupation by means of housing provident fund loan can reduce the down payment by 2%; Families who buy a house and have paid off their loans can buy housing provident fund at a minimum price of 3% again. Prior to this, the mortgage of the second house was implemented with the preferential treatment of "6% down payment and 1.1 times the loan interest rate".

3. For employees (including borrowers, spouses and minor children) who have applied for personal housing provident fund loans to buy the first ordinary self-occupied housing, the minimum down payment is 2%, and the loan interest rate is calculated according to the benchmark interest rate of provident fund loans.

4. Anyone who owns a house, but has no loan record, and has a house and has paid off the relevant house purchase loan can apply for a provident fund loan, and can enjoy a minimum down payment of 3%, and the interest rate is 1.1 times the benchmark interest rate of the provident fund loan.

5. For families who already own a house but haven't repaid the related house purchase loan, they buy ordinary self-occupied houses by provident fund loans, and the down payment ratio of their mortgage loans is 4%, and the loan interest rate is 1.1 times of the benchmark interest rate.

6. Individual housing provident fund loans are still suspended for the purchase of third or more houses.

what are the loan interest rates for the first and second suites?

1. The loan interest rate for the first suite is the benchmark interest rate. After five years or more, the interest rate for the second suite will increase by 1%, and the interest rate for the second suite will be higher than that for the first suite.

2. If the loan is from the provident fund, the loan interest rate of the second suite will be 1% higher than the original mortgage interest rate. If it is a personal residential loan, the loan interest rate of the second suite is 1% higher than that of the first suite. The second home mortgage loan not only has higher interest than the first home, but also is difficult to borrow.

3. At present, the benchmark interest rate of the People's Bank of China for more than five years is 5.65%, and different banks will have different discounts, such as one suite, one suite, two suites, and the first 3% of the first suite in Beijing, with a 1% discount on interest, and the second suite.

4. In the second case, if you have a house in your previous house, you can get a loan in the second house, with a down payment of 5% and an interest increase of 1%, depending on your bank.