1. The annual interest rate of loans within one year (inclusive) is 4.35%.
2. For loans from one year to five years (inclusive), the annual interest rate is 4.75%.
3. For loans with a term of more than five years, the annual interest rate is 4.90%.
The commercial loan interest rates of different banks are different. If you choose a commercial loan, you need to go to several banks for consultation and comparison.
Second-hand housing loan repayment method
1. Equal principal and interest: within the loan term, the loan principal and interest shall be repaid in equal amount every month.
2. Average capital: the monthly repayment principal remains unchanged during the loan term, and the interest is calculated according to the remaining principal of the previous month.
3. Equal principal and interest by installment: repay the loan interest monthly within the grace period (up to 3 years), and repay the loan principal and interest by equal principal and interest repayment after the grace period.
4. Staged average capital: repay the loan interest on a monthly basis within the grace period of the loan (up to 3 years), and repay the loan principal and interest according to the repayment method of average capital after the grace period.