In fact, no mortgage loan plan is necessarily suitable for everyone, because the length of time to apply for a mortgage loan varies greatly from person to person. Specific can be defined according to the following conditions:

1. The longest period for applying for individual housing loan is 30 years;

2. The longest period for individuals to apply for commercial housing loans is 10 year;

3. Men should not be over 60 years old and women should not be over 55 years old.

Generally speaking, the longer the loan term, the less the monthly repayment amount; The shorter the loan period, the higher the monthly repayment amount. If the income of buyers is relatively stable and relatively high, it is suitable to choose short-term loans. The shorter the time, the less interest. For high-income people who just want to temporarily turn around, this can save a lot of mortgage interest. People with unstable income or low income need to consider their own income, so it will be more cost-effective to extend their life.