The interest rate is between 4.35% and 4.9%.

In 2023, the benchmark loan interest rates announced by the People's Bank of China are: the loan interest rate within one year (including one year) is 4.35%, and the loan interest rate from one to five years (including five years) is 4.75%. Currently, the benchmark interest rate for commercial loans is 4.90%, and the loan term exceeds 5 years.

Notes on bank loans:

1. Determine how much you can borrow and what interest rate you can get under the current loan policy.

For example, how to calculate the number of loans? If you have had more than two loans, but have paid off all the loans for several houses, etc., you cannot take commercial loans to buy a house in Beijing even if you have a Beijing household registration; another example is the second house. The loan policy requires 60% of the down payment, and the loan interest rate is 1.1 times higher than the benchmark interest rate.

2. Personal consumption loans cannot be used to purchase houses.

3. The loan will not take effect until the commercial housing purchased is capped.

4. The amount you apply for must be within your ability, and the income proof must be twice the monthly repayment amount. Some banks also require home buyers to provide proof of bank statements. Self-employed business details and tax returns.

5. If the bank card, discount annual fee or small account management fee must be paid to the bank in accordance with bank regulations, the borrower should ensure that the balance in the repayment card (discount) is sufficient to repay the monthly loan payment of the current month to avoid The loan is overdue due to insufficient card (discount) balance.