Shops have good geographical location, convenient transportation and fast income, so many people have been buying shops to invest. When people buy shops, they usually choose the way of loans, which can make their funds more flexible. So how long is the loan period of the shop? Let me introduce it to you.
How long is the loan period of the shop?
The loan period of a shop is usually five years, and the longest is 10 year, and the loan interest rate will rise by 10% according to the bank's benchmark interest rate. When applying for a shop loan, the lender needs to bring the identity certificate, income certificate, shop purchase certificate, mortgage certificate and other related materials to the bank for loan procedures. Store loans cannot use provident fund loans, and the minimum down payment ratio of store loans shall not be less than 50%.
What are the conditions for a shop loan?
1. The lender has full capacity for civil conduct and needs to provide valid ID cards, household registration books and other related materials.
2. The lender needs to have the ability to repay the principal and interest of the loan, and at the same time, it needs to provide proof of the borrower's income.
3. The lender has a good credit record and no bad record.
4. The lender shall provide the sales contract or agreement of the store.
5. The lender shall provide proof that the book is enough to pay the down payment of more than 50% of the house price of the store.
6. Other requirements of the lending bank.
What should I pay attention to when buying a shop?
1, see a lot
When we buy a shop, we need to see whether it belongs to the central business district or a community shop near the business district. We'd better choose those shops on the commercial street with better lots, because there is a large flow of people.
2. Look at the function of the store
At present, shops can be divided into residential shops, commercial shops and shopping malls. Usually, the rental return rate of commercial street shops is relatively high.
3. Look at the architectural form of the store.
When buying a shop, you need to look at the architectural form of the shop. It's best to choose a shop with a small depth and a large width, with a wide display area along the street and a double facade at the corner.
The above is an introduction about how long the loan period of shops is. I hope to provide some help when buying shops, so that everyone can buy shops smoothly.
How many years can a shop loan last?
The loan period for shops is generally 5 years, and the longest loan can be 10 year. When you apply for a loan from a bank to buy a store, the interest rate will usually go up 10%-20%, and you need to pay a down payment of 50%-60%. Different banks will have different interest rates and down payment. The service life of shops is mostly forty or fifty years, and the loan period of individual commercial housing shall not exceed the remaining service life of construction land occupied by collateral.
Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation. Suggestions for loan review Every loan should be carefully reviewed, and the risk judgment of the loan should not be based on past review or credit. Just because the borrower repaid the principal and interest on time in the past, the review or investigation procedures should not be relaxed. Establish a fixed-term appointment system for the legal representative of the borrower and its main management personnel. The appointment period can be determined according to the size of the loan amount and the changes in the production and operation of the borrower. If the loan amount is large, the appointment period should be shortened accordingly. Loan officers (loan officers, members of the credit review team and members of the credit review committee) shall not engage in improper private contact with borrowers in loan activities. Credit officers and their immediate family members shall not accept the borrower's cash, precious gifts, shopping vouchers, etc. ; Shall not participate in recreational activities paid by the borrower; No expenses shall be repaid to the borrower. For loans with large loan amount and long term, or loans used by borrowers for specific purposes, lawyers, accountants and other professionals should be hired to make professional judgments and provide expert opinions on related matters.
Interest refers to the remuneration paid by the borrower to the lender in order to obtain the right to use the funds, which is the use price of the funds in a certain period (that is, the loan principal). The loan interest can be calculated in detail by the loan interest calculator. In civil law, interest is the legal fruit of principal. Repay part of the loan in advance: that is, the borrower can repay part of the loan amount in advance when applying to the bank. The general amount is an integer multiple of 10000 or 10000. After repayment, the lending bank will issue a new repayment plan, and the repayment amount and repayment period will change, but the repayment method will remain unchanged, and the new repayment period shall not exceed the original loan period.
How many years is the loan period of the shop?
At present, most cities in China have implemented the policy of restricting loans and purchases, but most of this policy is aimed at this person's housing, and for commercial real estate such as shops, it is restricted loans and purchases. So many investors will choose to buy shops. The price of shops is also relatively expensive, so we will choose to borrow money from banks. How many years can a shop keep? Next, Bian Xiao will briefly introduce it to you.
1. Shops are a kind of commercial real estate. If you buy a shop with a loan from a bank, the loan period is generally 5 years, and the longest loan can be 10 years. The interest rate of loan shops will be higher than that of ordinary houses, generally rising by about 10-20%, and the down payment ratio is mostly around 50-60%. Loan interest rates of different banks. The down payment ratio is different. You need to ask the relevant staff of the loan bank for the specific amount.
2. Like residential loans, when we apply for mortgage loans for shops, we must have legal and valid ID cards, stable jobs and incomes, sales contracts, adequate down payment, collateral recognized by the bank and other requirements of the lending bank. Buying a shop can't be a provident fund loan, only a commercial loan. And some banks do not support shop loans.
3. Compared with buying ordinary houses, buying shops needs to pay more taxes and fees. For example, 3%-4% deed tax; 550 yuan/Ben's house registration fee, 0.05% contract stamp duty; 5.65% business tax, 20% personal income tax and so on.
4. Because shops in many areas are not limited to buying, many people will choose to buy shops for investment. When buying a shop, we must pay attention to the land use right of the house. Generally, the right to use shops is only 40 or 50 years. If the developer holds it for a longer time, the service life of the shop will be shorter.
Bian Xiao concluded: How many years have you had store loans? Bian Xiao just gave a brief introduction here. I hope that after reading this article, everyone can know something about shop loans.
How many years can a shop loan last?
Bank of China has personal commercial housing loans (including shops, businesses, etc. ), and the loan period of personal commercial housing must meet the following conditions at the same time:
1. The longest term of personal commercial housing loan is 10 year. Where there are stricter provisions in relevant laws, regulations, regulatory provisions or national policies, those provisions shall prevail;
2 individual commercial housing loan period shall not exceed the remaining use period of construction land occupied by collateral;
3. Personal second-hand commercial housing, the sum of the loan period and the age of the house shall not exceed 30 years in principle (including office space not exceeding 20 years);
4. The sum of the loan term and the borrower's age shall not exceed 65 years old in principle, and the middle and high-end customers who meet the requirements of BOC may be extended to 70 years old. Due to differences in business in individual regions, it is recommended to contact local outlets for detailed consultation.
The above contents are for your reference. Please refer to the actual business regulations.
There is a demand for funds. Before that, I want to know how long the mortgage loan in Chengdu is.
The loan term of Chengdu real estate mortgage loan is about 1-20 years, and the longest one will not exceed 30 years.
But we should pay attention to the relationship among the age of the house, the age of the borrower and the loan term. These include:
1. In the bank mortgage loan, if the mortgage is personal residence, it is required that the age of the mortgaged house plus the loan period should not exceed 40 years, and if the mortgage is commercial housing, it should not exceed 30 years, that is to say, it is difficult to get a loan period of 30 years for a house with a house age of more than 20 years.
2. Considering the problem of late repayment ability, many banks stipulate that the borrower's age plus the loan period should not exceed 75 years. In other words, if the borrower is over 45 years old, although he can still borrow, it is difficult to borrow for such a long period of 30 years.
3. If the first-hand house is mortgaged, the long-term loan period is 30 years; If the second-hand house is mortgaged, the long-term loan period is 20 years.
In addition, the loan purpose of mortgaged real estate will also affect the loan period of individuals, such as: mortgaged real estate loans are used for business operations, and the loan period is generally less than 5 years; Mortgage housing loans are used for personal consumption, and the loan term is generally within 10 years; Mortgage housing loans are used to purchase commercial housing, and the long-term loan period can reach 30 years.
Extended data:
How many years is the real estate mortgage loan good?
Generally speaking, the monthly supply should be controlled at 30%-40% of the monthly income, and should not exceed 50%. The borrower can roughly calculate the monthly daily expenses and determine the monthly repayment amount. Knowing the monthly payment, combined with the total loan funds, we can calculate how to arrange the loan period reasonably.
In addition, it is not advisable for many people to blindly choose a longer repayment period in order to reduce the repayment pressure. The purpose of this is of course to reduce the monthly supply. Perhaps many people don't know, this will also affect the quality of personal life. Because the loan cost depends not only on the interest and repayment method, but also on the loan life. If the time is too long, there is no doubt that the loan cost will increase sharply.
This is the end of the introduction of the loan term and housing age of shops in Chengdu. I wonder if you have found the information you need?