The interest rate of the second home loan should be 1. 1 multiple of the benchmark interest rate.
As the name implies, it is different from a standard of mortgage interest rate. In order to control and influence the changing trend of market house prices, the loan interest rate is different from the first time for users who buy a second house.
Mortgage interest rate refers to the loan with real estate in the bank, and the interest is paid according to the interest rate stipulated by the bank.
The mortgage interest rate in China is uniformly stipulated by the People's Bank of China, and all commercial banks can float within a certain range.
The mortgage interest rate in China is not always constant, but often changes. The form is that interest rates have been rising, so we often compare the situation before and after raising interest rates.
The mortgage interest rate in China is uniformly stipulated by the People's Bank of China. If there is a real estate loan in a bank, the loan should pay interest at the interest rate stipulated by the bank. This interest rate is the mortgage interest rate.
The interest rate of the second home loan should be 1. 1 multiple of the benchmark interest rate.
As the name implies, it is different from a standard of mortgage interest rate. In order to control and influence the changing trend of market house prices, the loan interest rate is different from the first time for users who buy a second house.
Mortgage interest rate refers to the loan with real estate in the bank, and the interest is paid according to the interest rate stipulated by the bank.
The mortgage interest rate in China is uniformly stipulated by the People's Bank of China, and all commercial banks can float within a certain range.
The mortgage interest rate in China is not always constant, but often changes. The form is that interest rates have been rising, so we often compare the situation before and after raising interest rates.
The mortgage interest rate in China is uniformly stipulated by the People's Bank of China. If there is a real estate loan in a bank, the loan should pay interest at the interest rate stipulated by the bank. This interest rate is the mortgage interest rate.
What is the interest rate for the second home mortgage?
Second home loan interest rate
The second home loan interest rate of commercial loans, the current second home loan interest rate is implemented according to the benchmark interest rate 1.2 times. The benchmark interest rate for loans over five years is 4.90%, and the execution interest rate is almost 5.88%, and the maximum interest rate cannot exceed 6.37%. 2. The interest rate of the second home loan for provident fund loans is implemented according to the benchmark interest rate 1. 1 times, and the benchmark interest rate for loans over five years is 3.25%, so the interest rate of the second home loan is almost around 3.575%.
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The second suite recognizes both the house and the loan.
At present, most cities choose the principle of recognizing houses and loans, that is, when applying for loans, we should not only look at whether there is a purchase record under the name, but also whether there is a loan record under the name. If yes, the second loan application will be recognized as a second home, and the loan interest rate and down payment ratio should be implemented according to the second home loan.
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The second suite recognizes the house and does not recognize the loan.
The standard for identifying a house is that there is a registered property under the name of the purchaser or family. If you buy a house again and apply for a loan, it belongs to the second suite. If the house is sold, even if there is a loan record, it is not a second suite.
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The second suite accepts loans but not houses.
Recognizing loans and housing only pays attention to whether individuals or families have a record of applying for loans to buy a house. If there is a set of real estate loans outstanding, buying a house is also considered as two sets. If the loan is settled, it is not a second set.
How much is the interest rate of the second suite going up?
The second suite means that after buying the first suite, the house you buy again is called the second suite, so how much does the interest rate of the second suite rise? Let's take a look with Bian Xiao!
How much is the interest rate of the second suite going up?
1. According to the relevant national regulations, the down payment ratio for the second home should not be less than 70%, the mortgage interest rate for the second home should be 1. 1 multiple of the benchmark interest rate, the interest rate for the second home for provident fund loans should be 4.5%, and the benchmark interest rate for commercial loans should be 6.55%.
2. For residents who have purchased the first ordinary house, the down payment ratio of the second-home mortgage loan is 30%, and the lower limit of the second-home loan interest rate is 0.7 times the benchmark loan interest rate; For residents who own a house and have settled the loan, the bank will implement the first home loan policy in order to improve their housing conditions and apply for loans to buy ordinary commercial housing again.
How to identify the second suite?
1. If parents already own a house and buy an ordinary commercial house again in the name of minor children, it is a second suite. According to the relevant regulations, family members include borrowers, minor children and spouses, so if you apply for a loan again in the name of minor children, it will be implemented in accordance with the second suite policy.
2. According to the relevant regulations of the New Deal, if you have a property under your name when you are a minor, you will also borrow money to buy a house when you are an adult, which is also implemented in accordance with the second suite policy.
3. If individual loans are used to purchase houses and sold after settlement, the second set of housing loans will also be implemented according to the second suite policy. In other words, although the loan house is sold, it is also considered as a second suite.
4. If you use a commercial loan when buying a house for the first time, as long as there is a loan probability, if you use the provident fund loan to buy a house again, regardless of whether the mortgage has been settled, it will be implemented according to the second suite policy.
5. If one party borrows money to buy a house before marriage and wants to buy a house in the name of the other party after marriage, as long as it applies for a loan to buy a house again, it belongs to the second suite and is also implemented in accordance with the second suite policy, regardless of whether the household registration has fallen together or not.
Bian Xiao concluded: The above is about how much the interest rate of the second home has risen. I hope it will help everyone.
How to calculate the interest on the second home loan?
Interest on the second-home provident fund loan: the annual interest rate for less than five years (including five years) is 3.85%; The annual interest rate for more than five years is 4.40%. At present, the benchmark interest rate for the first home loan and the benchmark interest rate for the second home loan of the provident fund is 1. 1 times. The increase is related to the qualifications of borrowers and other factors.
Interest on second-home provident fund loans: Bank of China, China Banking Regulatory Commission and Ministry of Housing and Urban-Rural Development jointly issued a document to reduce the down payment ratio of second-home commercial loans from 60% to 40%, and the down payment ratio of first-home provident fund loans to 20%.
If the first home loan has been settled, the down payment ratio of the second home loan will be reduced to 30%. In addition, the Ministry of Finance will also exempt individual commercial housing sales business tax from the previous five years to two years.
Interest rate of second-home commercial loan:
Benchmark interest rate for commercial loans: 5.90%.
In the new mortgage policy, if you have 1 house but the loan has been settled, you can apply for a loan to buy a "second house", and the loan interest rate can be 30% off the benchmark; At present, the house 1 and mortgage are not settled. If you refinance to buy a "second house", the lowest interest rate will go up 10%.
Interest rate of second-home provident fund loan:
Loan term: 3.85% within 5 years (inclusive); More than 5 years, 4.40%.
At present, the benchmark interest rate for the first home loan and the benchmark interest rate for the second home loan of the provident fund is 1. 1 times. The increase is related to the qualifications of borrowers and other factors.
Second home loan interest rate
China has implemented many related policies for the skyrocketing real estate industry, and formulated relevant interest rate standards for loans to buy the first suite, the second suite and multiple suites. Let's learn about the interest rate of the second home loan in Bian Xiao.
First and second home loan interest rates
The interest rate of the second home loan is generally adjusted to 1. 1 times the benchmark interest rate stipulated by the cost bank, for example, 1, and the interest rate of the commercial loan for purchasing the second home for less than 6 months is 5.6%, and its 1. 1 times is 6.16. The interest rate for 6- 12 months is 6%, and its execution interest rate for 1. 1 times is 6.6%. 1-3-year interest rate 6. 15%, 1. 1 execution interest rate 6.765%. The interest rate for 3-5 years is 6.4%, and its 1. 1 multiple execution interest rate is 7.04%. The interest rate for more than five years is 6.55%, and its 1. 1 multiple execution interest rate is 7.205%.
2, provident fund loans to buy two suites
If you choose a provident fund loan to buy a second suite, the benchmark loan interest rate will be 4% and the execution interest rate will be 4.4% within 5 years. The benchmark interest rate for more than five years is 4.5%, and the loan execution interest rate is 4.95%.
What is the role of interest rate adjustment of second-home loans and second-home loans?
In China, the adjustment of loan interest rate for residents to buy a second house is mainly to control credit risk. Presumably many people think that the real estate industry is like a big bubble. At the same time, it expanded rapidly and contained numerous crises, which broke out by accident. At this time, restricting purchases and adjusting mortgage interest rates are all aimed at cooling down the real estate market, neutralizing and regulating the appetite of the entire real estate industry.
For example, the increase in the interest rate of the second home loan 10% means that the down payment ratio is also relatively high. People who want to buy a second home need to pay more down payment, which reduces the risk of bank credit reduction to a certain extent, and can also alleviate the phenomenon that house prices rise too fast, thus reducing the willingness to speculate and allowing more people to buy houses.