Take the mortgage rate in 2021 as an example. The central bank's benchmark interest rate is 4.35% for 6 months to 1 year (inclusive), 4.75% for 1 year to 5 years (inclusive), and 4.9% for more than 5 years. The loan interest rate must be comprehensively evaluated based on the type of business you are applying for, credit status, guarantee method, etc., and can only be determined after approval by the handling outlet. The interest rate of each person's loan is also different. This is based on the current mortgage interest rate LPR as the basis for pricing. And each bank is different, and the interest rate of 5.7 is not high.

The mortgage interest rates of major banks for each bank in 2021 are as follows:

1. China Construction Bank’s first set interest rate: 5.9% (LPR+125BP) second set interest rate: 6.35% ( LPR+170BP)

2. The interest rate for the first set of ICBC: 5.9% (LPR+125BP) The interest rate for the second set: 6.1% (LPR+145BP)

3. The first set of Agricultural Bank of China Interest rate: 5.8% (LPR+115BP) Second set of interest rate: 5.95‰ (LPR+130BP)

4. Bank of China’s first set of interest rate: 6.35% (LPR+170BP) Second set of interest rate: 6.5% (LPR +150BP)

At present, my country's relatively large banks include Bank of China, Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Bank of Communications and Postal Savings Bank. The loan interest rates of these relatively large banks are based on the central bank's benchmark interest rate. Basic. The interest rate is 4.35% for more than one year (including one year); the interest rate is 4.75% for one to five years (including five years); the interest rate is 4.9% for more than five years; the interest rate is 2.75 for provident fund loans for less than five years (including five years) %, and the interest rate for more than five years is 3.25%. The loan market quoted interest rate (LPR) on April 20, 2021 is: 1-year LPR is 3.85%, and LPR for more than 5 years is 4.65%. The above LPR is valid until the next LPR is issued.

Specific housing loans are also divided into the following situations:

1. Short-term loans: the loan interest rate for six months (inclusive) is 4.35%; six months to one year ( The loan interest rate (including 1 year) is 4.35%.

2. Medium and long-term loans: The interest rate for loans from one to three years (inclusive) is 4.75%; the interest rate for loans from three to five years (inclusive) is 4.75%; the interest rate for loans over five years is 4.75% The interest rate is 4.9%.

3. Provident Fund Loans: The interest rate for loans under five years (including five years) is 2.75%; the interest rate for loans over five years is 3.25%. The interest rates at each branch of each bank may be different. Please refer to the actual transaction interest rate for details.

Bank mortgage process:

1. Pay the down payment to the developer and save the down payment receipt. Go to the bank to fill out the "Personal Housing Loan Application Form". The bank will review and approve the materials submitted by the applicant step by step. If it is deemed to meet the bank's loan conditions, it will notify the applicant to sign a "Personal Housing Mortgage Loan Contract" with a term of no more than 30 years. Go to the Housing Authority to apply for a "Certificate of Other Rights to the House" to prove that there is a bank's mortgage on the property. Go to the notary department to apply for notarization of property rights mortgage and apply for house insurance.

2． Customers who choose the entrusted deduction method for repayment need to sign an entrusted deduction agreement with the bank. After completing the relevant procedures, the lending bank will open a special savings passbook account or savings account for repayment at the business outlet designated by the lending bank in accordance with the loan contract. card, credit card account. For loans approved by the lending bank, the loan will be directly transferred to the borrower's deposit account opened at the lending bank, or the loan will be transferred once or in installments to the house seller's deposit account opened at the lending bank.

3. The borrower repays the loan on time according to the pre-agreed time until it is paid off. What are the requirements for a home purchase loan? 1. There are legal and valid contracts and agreements for the purchase, construction, and overhaul of housing, as well as other supporting documents required by the lending bank. A natural person aged 18-60 years old; with a stable career, stable income, and the ability to repay the principal and interest of the loan on time; the borrower's actual age plus the loan application period should not exceed 70 years old. 2. Have self-raised funds that account for more than 30% of the total price of the house purchased (for those who purchase a self-occupied house with a floor area of ??less than 90 square meters, the proportion of self-raised funds is 20%), and guarantee that it will be used to pay the down payment of the house purchased. .