If the user has not signed a loan contract, the loan term can be changed. If the user has signed a loan contract, the loan term agreed in the contract cannot be changed. When choosing the loan term, users should consider the future repayment ability and economic situation, so as to choose the appropriate loan term. If the lender's income is fixed and relatively high, he can choose short-term borrowing. The shorter the time, the less interest. For those high-income people who only work temporarily, this can save a lot of interest. People with unstable income or low income can choose to extend the term and have less pressure.

What are the main provisions on the loan term of mortgage?

1, with a maximum of 30 years. Generally speaking, the loan period of mortgage can be up to 30 years. No matter whether you buy a new house or a novice house with a mortgage, the loan period cannot exceed 30 years.

2. The sum of the age of the applicant and his/her spouse or * * * applicant and the loan application period shall not exceed 5 years after his/her statutory retirement age in principle, and the loan period shall be calculated as the shorter one. For example, Mr. Liu is 36 years old and his wife is 35 years old, so the loan period is calculated according to Mr. Liu's age. At present, the legal retirement age of male employees is 65, so they applied for a mortgage, and the longest loan period is 29 years.

3. The loan term shall not exceed the remaining legal service life of the house. Houses have a service life, and the current service life of houses is 70 years. This problem does not exist in new houses, mainly restricting second-hand houses.

What are the factors that affect the mortgage life?

1, the repayment ability of the applicant. The focus of all loans is to see whether the loan applicant has enough repayment ability. The higher the repayment ability, the longer the service life.

2. The age of the applicant. The younger the age, the longer the mortgage period.

3. Room age. This factor is mainly reflected in the second-hand housing loans. When buying a second-hand house, the loan period will be affected by the age of the house. The age of the house is calculated from the date of completion and delivery of the house. In general, the older the house, the shorter the loan period will be.

4. Land use years. The service life of the land is calculated from the time when the developer takes the land for the record. Sometimes, due to the developer's reasons, the land use period will be greatly shortened, which will lead to the shortening of the mortgage period.