Loans can be divided into short-term loans and medium-and long-term loans according to the term. The borrowing time of long-term loans is generally more than 5 years (excluding 5 years), and the longest loan period is 30 years. Then a 30-year loan is the most common mortgage loan at present.

In addition to mortgages, credit loans, etc. At present, it is common in the market that the maximum loan period can be 3 years, but the loan period still depends on the loan type selected by the user.

At present, short-term loans borrowed by banks are generally within 65,438+0 years or 65,438+0 years (temporary loans from 3 months to 6 months), medium-term loans can be borrowed for more than 65,438+0 years (excluding 65,438+0 years) and less than 5 years (including 5 years), long-term loans are loans for more than 5 years, and the longest loan is 30 years.