1. How many years can a parking space loan be borrowed?

How much is the down payment for a CCB parking space loan? A parking space loan is also called a parking space loan. It is a loan product launched by the bank specifically for car owners.

Many banks such as China Construction Bank, Industrial and Commercial Bank of China, Minsheng Bank, Bank of China and Foshan Rural Commercial Bank have launched parking space loans to help car owners "grab parking spaces." Although many banks have launched products such as parking space loans, friends who want to apply should not get too excited too early. Because the parking space is part of the property, the parking space loan and the real estate loan must be applied for by the same bank. This is also the fundamental reason why some friends who applied for parking space loans failed to apply after paying the down payment. Let’s take a look at the down payment and interest rate issues of CCB parking space loans. Friends who are interested in applying for CCB parking space loans and are qualified, don’t miss it.

Down payment of CCB parking space loan

The parking space loan launched by China Construction Bank (Asia) has a loan amount of up to 70% of the purchase price or appraised price of the parking space. In other words, borrowers who apply for a parking space loan only need to pay a down payment of more than 30% to apply. Another major feature of China Construction Bank (Asia) is that the borrower does not have to be a CCB building mortgage loan customer. Moreover, the application procedure is simple. Borrowers can call (852) 27795533 or visit any branch of the Bank to apply.

CCB parking space loan interest rate

In addition, when you apply for a parking space loan at China Construction Bank (Asia), you can also enjoy lower interest rates and charges than other banks or lending institutions. The current CCB parking space loan interest rate standards are as follows: If you are a building mortgage loan customer of the Bank, the parking space loan interest rate is based on the personal housing loan interest rate. The annual interest rate for loans with a loan term of ≤5 years is 4.77, and the annual interest rate for loans with a loan term of more than 5 years is 5.04. ; If you apply for a parking space loan separately, the interest rate will increase. If the loan period is ≤1 year, the annual interest rate of the loan is 5.31. If the loan period is 2 to 3 years (including 3 years), the annual interest rate of the loan will be 5.49. If the loan period is 3 to 5 years ( The annual interest rate of the loan is 5.58, and the annual interest rate of the loan with a loan term of 5 to 10 years (inclusive) is 5.76.

In addition, borrowers can also apply for the parking space credit card installment business launched by China Construction Bank. The application process is more convenient, but the period is relatively short, with 12, 24, and 36 periods to choose from.

The down payment and loan interest rate of CCB parking space loan are roughly as above. For specific information, you can consult CCB.

2. Can you still get a parking space loan? How to get a parking space loan

If you plan to apply for a parking space loan through China Merchants Bank, you can apply in the following ways: 1. If you have applied for a housing mortgage with China Merchants Bank For loans, you can contact the handling bank and apply for an exclusive parking space loan for purchasing a house at the same time; 2. You can also use your own property as a mortgage to apply for a personal consumption loan to purchase a parking space.

3. Is a 30-year mortgage on a parking space cost-effective?

Not cost-effective.

It is not cost-effective to buy a car with a loan. If you have to choose between buying a parking space with a loan and renting a parking space, it is recommended to choose renting a parking space.

Because if you take a loan to buy a parking space, you have to pay interest every month or every year, which is equivalent to wasting a lot of money.

And if you buy a parking space with full payment, the cost will be relatively high. After buying the house and car, there will not be much money left. At this time, you may not be able to get it if you buy it with full payment. Money comes;

In contrast, renting a parking space requires no interest and requires less cash, so it is recommended to rent a parking space.

4. How many years can a parking space loan be loaned?

If it is a Henan personal parking space mortgage loan, the maximum loan period shall not exceed 10 years.

The above content is for your reference.

If you have any questions, you are welcome to consult Bank of China’s online customer service or download and use it to inquire and handle related business.