Considering the risks they have to bear, some loan banks generally give a conservative evaluation price, so the evaluation price is lower than the transaction price. Generally speaking, the evaluation price of commercial loans is 80%-90% of the market price, while the evaluation price of provident fund loans is 80%-85% of the market price. Therefore, friends who buy second-hand houses should be psychologically prepared and don't default because of this situation.

The contract price refers to the price that the buyer should pay to the seller after the seller correctly performs its contractual obligations according to the contract.

Appraisal price refers to the objective and reasonable price of real estate based on certain appraisal methods and market transaction prices. Different appraisal methods may lead to different appraisal prices for the same real estate. Real estate appraisal price can be divided into benchmark land price, calibrated land price, house replacement price, transaction reserve price and taxable value according to the purpose and function of use.