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Which loan product loans have low interest rates for buying houses?

Time: 2017-01-19         Source: Financial 360 finishing         Author: 360 Financial consolidation

In the market environment where the lending institutions' loan pricing systems are different from each other, many people are uncertain about which bank loan they will use. The reason is that they are not quite sure which bank’s loan interest and interest rate is the lowest. Then, which loan products are there? The loan purchase rate is low, as follows:

1. If you want to apply for a home loan, of course,Housing provident fund loans

everybody knowsProvident Fund loansIt is a low-interest loan method provided by the state for loan purchasers. Now, the use of provident fund loans to buy a house is 0.25% lower than commercial loan purchase per month (base rate of commercial loans for more than 5 years is 6.55%, and provident fund loans are 4.5%). Therefore, apply for housing. Loan, preferredhousing fundloan.

2, loans to buy a house - housing mortgage loans

If you want to pay a low loan interest, then home mortgage loans will undoubtedly be the preferred way to have homeowners outside of a public funded loan. The reason is that the bank's pricing system complements the risks it bears. Therefore, due to the existence of collaterals, banks will receive relatively little interest if the risks are basically controllable.

However, in concrete terms, there are subtle differences between the fees charged by various banks and the application threshold. Taking the Beijing area as an example, China Construction Bank and Bank of China, home mortgage loan prices are the most affordable, the annual interest rates for one year were 6.6% and 6.9%, respectively, and only slightly increased on the basis of the benchmark interest rate (benchmark rate of 6.55%). Attachment: The mortgage interest rate of CCB's homes is 6.65% or less for 5 years or more, and 6.80% for more than 5 years; Bank of China's interest rate is 30% above the benchmark, and the longest loan is 10 years.

In addition, when choosing a loan, be sure to understand the corresponding interest rate, terms and conditions of the loan bank! The data provided above is for reference only, and the actual interest rates of major lending institutions prevail!

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