There are two loan methods: if it is a commercial loan, it is generally 30 years, and the longest loan period is calculated: loan period and house age.
The provident fund loan policy is much looser than commercial loans. Brick-concrete houses cannot be loaned for 47 years, and reinforced concrete houses cannot be loaned for 57 years. Because the loan period of the provident fund is calculated according to the lender's house age: brick-concrete is 47 years old and steel-concrete is 57 years old. However, in principle, the loan period will be shortened according to the monthly repayment amount of the loan applicant's single provident fund deposit, which is greater than or equal to the upper limit of the provident fund deposit (2,327 yuan) or the married provident fund deposit, which is greater than or equal to the upper limit of the provident fund deposit (4,654 yuan).
Generally speaking, the older the house, the shorter the loan period that can be applied for and the lower the loan amount. Because there is little room for house appreciation and preservation, banks will consider capital risk. Therefore, when buying a second-hand house, you must remember to verify the age of the house, and make it clear in the purchase contract to avoid the problem of insufficient loans caused by older houses.
How to calculate the term of second-hand housing loan? How many years can I keep it?
The loan period of individual second-hand housing is no longer than 30 years, and the sum of housing age and loan period is subject to the specific requirements of the institution where the application is made. It is recommended to consult local outlets in detail.
The above contents are for your reference. Please refer to the actual business regulations.
Term of second-hand housing loan
The term of second-hand housing loan is as follows: the long-term term term of individual housing loan is 30 years, the long-term term term of individual commercial housing loan is 10 year, and the male age is no more than 60 years old. The higher the valuation of the property market, the higher the amount of second-hand housing loans. Generally speaking, the loan amount of second-hand housing can reach about 60% of the market valuation. According to Article 30 of the Measures for the Administration of Urban Real Estate Mortgage Registration
Within 30 days from the date of signing the real estate mortgage contract, the mortgagor shall go through the real estate mortgage registration with the real estate management department where the real estate is located.
Thirtieth Measures for the Administration of Urban Real Estate Mortgage Registration
Within 30 days from the date of signing the real estate mortgage contract, the mortgage parties shall go through the real estate mortgage registration at the real estate management department where the real estate is located.
Maximum loan period of second-hand housing
The longest loan period for second-hand houses is 30 years. Whether it is a second-hand house or a first-hand house, there is a maximum age limit for loans. This is closely related to the age of the lender. Details are as follows: 1. The sum of the service life of the second-hand house and the loan life cannot exceed 30 years; 2. The age of second-hand houses cannot exceed 15 years; 3. The maturity date of the loan cannot exceed the land use period; 4. The sum of the loan term and the borrower's age shall not exceed 60 years old.
legal ground
Interim Measures for the Administration of Personal Loans Article 8 The term and interest rate of personal loans shall be implemented in accordance with the relevant provisions of the state.
How to calculate the term of second-hand housing loan? How many years can I keep it?
Second-hand housing bank loan period includes the following contents:
1. The sum of the service life of second-hand houses and the loan life cannot exceed 30 years.
2. The age of second-hand houses cannot exceed 15 years.
3. The maturity date of the loan cannot exceed the land use period.
4. The sum of the loan term and the borrower's age shall not exceed 60 years old. It is worth noting that the above four provisions on loan term must be met at the same time. In other words, the longest loan term must meet the above four conditions at the same time.
The longest term of commercial loans is 30 years, and some banks require that the loan period should not exceed the legal retirement age of individuals and their spouses (male 65 years old, female 60 years old); And some banks require lenders to lend for less than 70 years. The loan term stipulated by each bank is different, depending on the bank's regulations; The longest term of housing provident fund loans is 30 years, which shall not exceed the legal retirement age of employees and their spouses (65 years for men and 60 years for women); Others say that the loan period and the lender's age are not more than 70 years, and the loan period stipulated by the provident fund management centers in various places shall prevail; In portfolio loans, the term of provident fund loans and commercial loans must be the same, and the loan life requirements are the same as above.