The average user applies for a loan to buy a house, and the user will charge the loan interest, which is calculated according to the interest rate. The calculation formula is: interest = loan amount × loan time× loan interest rate.
The interest rate of house purchase loans generally fluctuates on the benchmark interest rate of central bank loans. The benchmark loan interest rate is:
I. Commercial loans:
1, and the loan interest rate is 4.35% within one year;
2. The loan interest rate for one to five years is 4.75%;
3. The interest rate for loans over five years is 4.90%.
Second, provident fund loans:
1, and the loan interest rate within one to five years is 2.75%;
2. The interest rate for loans over five years is 3.25%.