The renovation loan interest rate is 5.58% for half a year, 5.94% for one year and 6% for four to five years. It depends, and it is related to the lender's credit information and qualification. The first suite is%, and the second suite is 1. 1 times higher.
Second, I bought a personal mortgage loan for the first suite in Kunshan Rural Commercial Bank 14. ...
Yes, refinancing includes two aspects. First, the original borrower (seller) repays the bank loan in advance, cancels the creditor-debtor relationship with the bank and cancels the mortgage registration; Two, new borrowers (buyers) to apply for second-hand housing loans, the purchase of housing as collateral for new loans, mortgage registration.
Its business process is:
Step 1: The original borrower applies to the bank.
Step 2: If the bank approves, the bank, the buyer and the seller sign an agreement, and the bank agrees the seller to transfer the house. The seller promises to give priority to the repayment of bank loans, and authorizes the bank to directly deduct the outstanding loan principal and interest from its account opened in the bank. The buyer promises to remit the house payment to the account opened by the seller in the bank at the time of transaction.
Step 3: The buyer and the seller sign the house transfer contract.
Step 4: The buyer applies for a new loan from the bank. The loan amount can be the remaining loan balance of the seller, or it can be calculated according to the following formula: loan amount = the market price of the purchased house × the loan ratio of the second-hand house.
Step 5: After approval, the bank signs a new loan contract and mortgage contract with the purchaser, and issues a letter of commitment agreeing to the loan.
Step 6: the bank and the seller go to the real estate management department to cancel the mortgage registration, the seller and the buyer go through the property transfer procedures, and the bank and the buyer go through the new mortgage registration procedures.
Step 7: The bank issues the loan to the buyer, transfers the loan to the account opened by the seller according to the buyer's authorization, and then directly deducts the outstanding loan principal and interest from the account according to the seller's authorization to terminate the original loan contract.
3. What is the interest rate of decoration loan of Kunshan Rural Commercial Bank?
The renovation loan interest rate is 5.58% for half a year, 5.85% for one year, 5.94% for two to three years and 6.03% for four to five years. The interest rate of decoration loan varies from person to person, depending on the situation, and is related to the credit rating and qualification of the lender. The interest rate of the first suite renovation loan will rise by 30%, and the second suite will rise by 1. 1 times.
Four, Kunshan Rural Commercial Bank renovation loan interest rate
The loan interest rate is about 5.6%. The renovation loan period of Agricultural Bank is generally 1-3 years, and the interest rate is implemented according to the loan interest rate of the People's Bank of China in the same period and at the same level. The floating range and interest rate adjustment shall be implemented according to the relevant regulations of the People's Bank of China and the Bank.