1, the loan ceiling, according to the regulations of the bank, cannot exceed 70% of the house price. This is the total amount limit. In addition, check whether you have enough repayment ability to bear the money you want to borrow. This is the limit of ability. The way to check is basically to check the income certificate.

The longest term of a loan is 30 years, but 20 years is common in practice.

3. The loan interest rate shall be implemented according to the mortgage interest rate announced by the central bank. In theory, banks have certain floating power, but our banks have acquiesced in the interest rate announced by the central bank. At present, the interest rate of commercial loans is 6.93% for less than five years and 7.20% for more than five years.

4. Mortgage is a kind of secured mortgage. It is a loan that you use the real estate license as collateral and the developer bears joint liability. It is different from pure mortgage. Generally, everyone buys a house by mortgage, and second-hand houses are generally mortgage loans.