If the longest is 30 years, if it is a second-hand house, the longest mortgage loan can be 20 years!
2. What is the longest commercial housing loan?
(1), housing provident fund loans issued with newly-built houses purchased as collateral, the loan term shall generally not exceed the fixed number of years from the date of issuance of housing provident fund loans to the statutory retirement age, and the longest period shall not exceed 30 years;
(2) The term of the entrusted loan issued with the borrower's second house property or third-party house property as collateral shall not exceed the remaining service life of the mortgaged house property, and the longest term shall not exceed 65,438+05 years;
(3) Where the bonds are pledged by certificate-based government bonds or bank deposit certificates, the longest loan period shall not exceed the maturity date of the certificate-based government bonds or bank deposit certificates. If multiple certificate-based government bonds or bank time deposit certificates with different maturities are used as collateral, the loan term shall be determined based on the one closest to the maturity date;
(4) Housing provident fund loans issued by way of guarantee, the loan period is generally not more than 5 years.
(five) from the statutory retirement age of less than 5 years (including 5 years), the housing provident fund loan period may be appropriately extended, and the extension period shall not exceed 5 years.
3. How many years can I borrow for commercial and residential buildings?
Legal analysis: the longest commercial and residential loan can be 10 year. Because commercial and residential buildings are commercial in nature, only commercial loans can be applied for loans. The down payment ratio needs to be at least 50%, the loan term generally does not exceed 10 years, and the loan interest rate rises at least 10%. You cannot apply for housing provident fund loans.
Legal basis: Civil Code of People's Republic of China (PRC).
Article 667 A loan contract is a contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest.
Article 668 A loan contract shall be in written form, unless otherwise agreed between natural persons.
The contents of a loan contract generally include terms such as loan type, currency, purpose, amount, interest rate, term and repayment method.
Article 669 When concluding a loan contract, the borrower shall, at the request of the lender, provide the true information about the business activities and financial status related to the loan.
Four. Provisions of the People's Bank of China on mortgage loans for commercial buildings?
1. How is the commercial housing loan stipulated? Commercial housing loans are granted to houses that have been completed and accepted. The down payment ratio of the commercial housing purchase loan shall not be less than 50%, the term shall not exceed 10 year, and the loan interest rate shall not be less than 1. 1 times of the same grade interest rate published by the People's Bank of China. The specific down payment ratio, loan term and interest rate level are determined by commercial banks independently according to the relevant principles of loan risk management.
2. How to calculate the loan for commercial and residential dual-use houses? If you apply for a loan in the name of "commercial and residential dual-use house", the down payment ratio shall not be less than 45%, and the loan term and interest rate level shall be implemented in accordance with the Provisions on the Administration of Commercial Housing Loans. Considering that some "commercial and residential dual-use houses" are really used to meet the housing needs of residents, the Notice increases the minimum down payment ratio of "commercial and residential dual-use houses" loans from 40% to 45%, which is lower than that of commercial houses.