What is the process of handling a bank loan of 500,000 yuan? How to calculate the interest?

1): copy the basic information and bring the original. The owner and his wife must be present. Only one person's name is written on the property, and both husband and wife should be present. Lenders must also be present when they get married.

2): Sign the loan application form and submit the materials for approval. (5 working days)

3): After the bank has passed the examination, it will sign the loan contract. When will the bank arrange for the appraisal company to take photos?

4): People in the bank can know how to go to the real estate bureau for mortgage registration, and check the files before doing mortgage registration. (There is an acceptance form after mortgage registration)

5): It takes 7 working days for the real estate bureau to prepare the certificate.

6) Make sure that the mortgage registration of the real estate bureau is released together with the other warrants, and ask the bank people to get the certificates together.

7) Wait two days for the bank to pay.

8): Interest depends on what kind of interest rate your bank gives you. Generally, the benchmark interest rate rises 15%-20%, and the annual interest rate is similar.

4%-4.5%