First, the loan term.

1, the longest term of individual housing loan is 30 years, and you can choose 20, 15, 10, 5 years, etc.

2. The longest term of personal commercial housing loan is 10 year;

3. Men under 60 years old and women under 55 years old.

Second, the basic provisions of housing loans

1. loan purpose: it is used to support individuals to buy, build and overhaul houses in cities and towns in Chinese mainland.

2. Loan targets: China natural persons with full capacity for civil conduct and overseas natural persons with the right of abode in Chinese mainland.

3. Loan amount: The maximum amount is 70% of the total price or evaluation value of the house purchased (built or overhauled).

4. Loan term: up to 30 years.

5. Loan interest rate: It shall be implemented in accordance with the relevant regulations of the People's Bank of China.

6. Repayment method: entrusted deduction and counter repayment.

7. Repayment method: If the loan term is within 1 year (including 1 year), the repayment method of one-time repayment of principal and interest shall be implemented; If the loan term is greater than 1 year, the repayment method of equal principal and interest and average capital can be adopted.

8. Loan guarantee: mortgage, pledge, guarantee, mortgage plus phased guarantee, etc. , you can use one or more loan guarantees.

Three, apply for a loan should be submitted to the information:

1, identity document;

2. Proof of the borrower's repayment ability;

3. Legitimate and effective purchase (construction, overhaul) contracts, agreements or (and) other approval documents;

4. proof of down payment;

5. Loan guarantee materials;

6. Other documents and materials specified by the lending bank.

What's the longest personal loan from a bank?

Generally, the longest loan period of personal loans is 30 years, and the loan period is different according to different loan types. For example, personal housing loans can last for 30 years, and personal car loans can last for 5 years.

In addition, the loan interest rates corresponding to different loan years are also different, generally floating on the benchmark interest rate of central bank loans. The benchmark interest rate is:

The interest rate of commercial loans within one year is 4.35%;

The interest rate of provident fund loans for more than five years is 3.25%.

The interest rate of commercial loans within one to five years is 4.75%;

The interest rate of provident fund loans within one to five years is 2.75%;

The interest rate of commercial loans over five years is 4.90%;

Extended data:

Loan (electronic IOU credit loan) is simply understood as borrowing money with interest.

Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.

The "three principles" refer to safety, liquidity and efficiency, and are the fundamental principles of commercial banks' loan operation. Article 4 of People's Republic of China (PRC) Commercial Bank Law stipulates: "Commercial banks should operate independently, bear their own risks, be responsible for their own profits and losses, and be self-disciplined, and take safety, liquidity and efficiency as their operating principles."

Loan security is the primary problem faced by commercial banks;

Liquidity refers to the ability to recover the loan according to the predetermined time limit or realize it quickly without loss to meet the needs of customers to withdraw deposits at any time;

Efficiency is the basis of sustainable operation of banks.

For example, if a long-term loan is issued, the interest rate will be higher than that of a short-term loan, and the benefit will be good. However, if the loan term is long, the risk will increase, the security will decrease and the liquidity will weaken. Therefore, the "three natures" should be harmonious, and loans should not go wrong.

Interest refers to the remuneration paid by the borrower to the lender in order to obtain the right to use the funds, which is the use price of the funds in a certain period (that is, the loan principal). The loan interest can be calculated in detail by the loan interest calculator.

In civil law, interest is the legal fruit of principal.

Equal principal and interest repayment method: that is, the sum of loan principal and interest is repaid in equal amount every month. Most banks have adopted this method for housing provident fund loans and commercial personal housing loans. So the monthly repayment amount is the same;

Average capital repayment method: that is, the borrower repays the loan in every installment (month) during the whole repayment period, and at the same time pays off the loan interest from the previous trading day to the repayment date. In this way, the monthly repayment amount decreases month by month;

Pay interest on a monthly basis, and repay the principal at maturity: that is, the borrower repays the loan principal in one lump sum on the loan maturity date (applicable to loans with a term of less than one year (including one year)), and the loan bears interest on a daily basis, and the interest is repaid on a monthly basis;

Bank loans can be divided into several years.

General bank loan life can be divided into 10 years, 15 years, 20 years, 25 years, 30 years, etc.

The ways of bank loan are: 1. Credit loan: The borrower obtains a loan by virtue of personal credit, and usually the credit qualification and repayment ability of the lender are used as the basis for judging the loan amount. This kind of loan is risky because there is no mortgage and guarantee.

2. Mortgage loan: The borrower needs to mortgage the collateral to the bank, and the bank has the right to dispose of the collateral for repayment.

3. The loan forms of certificates of deposit, insurance policies, short-term treasury bills and other valuable bonds are usually.

4. Guaranteed loan: If the borrower's loan conditions do not meet the requirements, friends and relatives with better qualifications can be used as guarantees, so that both the borrower and the guarantor will be responsible for the loan and the borrower can get the loan quickly.

How many years can I borrow a personal loan?

Generally, the longest loan period of personal loans is 30 years, and the loan period is different according to different loan types. For example, personal housing loans can last for 30 years, and personal car loans can last for 5 years.

：

1. The sum of the service life of second-hand houses and the loan life cannot exceed 30 years.

2. The age of second-hand houses cannot exceed 15 years.

3. The maturity date of the loan cannot exceed the maturity date of the land use.

4. The sum of the loan term and the borrower's age shall not exceed 60 years old. It is worth noting that the above four provisions on loan term must be met at the same time.

In other words, the longest loan term must meet the above four conditions at the same time.

According to the length of the loan period, loans can be divided into short-term loans and medium-and long-term loans.

1, short-term loans with a term of 1 year or 1 year (temporary loans for more than 3 months and less than 6 months) are characterized by short term, low risk and high interest rate. They are usually issued in the form of "borrowing" and are mainly used to meet the needs of borrowers for short-term funds.

2. Medium-term loans with a term of over 1 year (excluding 1 year) and less than five years (including five years) are characterized by long term, high interest rate, poor liquidity and high risk.

3. Long-term loans are loans for more than 5 years (excluding 5 years).

Principles for determining the loan term and grace period:

In the process of loan evaluation, the term and grace period of the project loan shall be determined according to the following principles.

(1) It meets the regulatory requirements.

If the regulatory authorities clearly stipulate the loan term, the loan term must comply with the regulatory provisions when the bank and the customer agree.

(B) the upper limit of loan term control

The appraisers should reasonably design the financing structure according to the control index of the upper limit of the loan term, and agree on the source of debt repayment funds with the customers, and shall not arbitrarily break through the upper limit of the loan term.

(3) Calculate the term according to the solvency.

The length of the loan term (including grace period) should be based on the agreed source of repayment funds, predict the annual repayment cash flow, and calculate the loan term and grace period by meeting the prescribed repayment coverage. If the loan term and grace period calculated according to solvency cannot meet the requirements of this manual, the source of repayment funds must be re-agreed or the financing structure must be redesigned.

(4) Take short and don't take long.

If the loan term calculated by solvency is lower than the upper limit of the loan term, the loan term calculated by solvency shall prevail in principle.

What does the loan term mean?

The loan term refers to the period from the loan date to the repayment date agreed by both parties. For example, a property buyer borrows a mortgage of 6,543,800 yuan from the bank. The loan date is 20 10 65438+ 10/and the maturity date is 2030 65438+February 3 1, so the loan term is 20 years.

How to calculate the loan term?

Generally speaking, the longest term of a commercial loan is 30 years. Some banks require that the age loan period of lenders should not exceed the legal retirement age of individuals and their spouses (male 65, female 60); Some banks require lenders to borrow for no more than 70 years. The loan term stipulated by each bank is different, depending on the bank's regulations.

2. The longest term of housing provident fund loans is 30 years, which shall not exceed the legal retirement age of employees and their spouses (65 males and 60 females); Some also said that the loan period should not exceed 70 years old, which is subject to the loan period stipulated by the local provident fund management centers.

3. In portfolio loans, the term of provident fund loans and commercial loans must be the same, and the loan term requirements are the same as above.

In short, the loan term = the statutory retirement age (or 70 years old) stipulated by the state-the actual age of the lender. The younger the age, the longer the loan period; Conversely, the older you are, the shorter the loan period is. Age is the most important and common factor affecting the loan life.

How to choose the loan term?

1. Only people are needed. The crowd only needs to consider one thing: repayment ability! If your repayment ability is high, choose a shorter term, but if your repayment ability is low, choose a longer term, and try to control your monthly payment within 50% of your monthly income.

2. Only need to consider the investment crowd. The purpose of this group of people buying a house is not only to live for themselves, but also to sell a house or replace a new house in the future. The loan term depends on the return rate of investment from other channels. The return on investment, the interest rate of house purchase loan, and the longer the loan time, the better. Commercial rate of return