For reference only, in March, the Industrial and Commercial Bank of China and the Agricultural Bank of China offered 20% down payment for the first home and 10% off the interest rate; China Merchants Bank offered 20% down payment for the first home and 9.5% off the interest rate; China Everbright Bank offered 20% down payment for the first home and 20% off the interest rate for the second home. Down payment is 30%; Bank of China’s down payment for first home is 20%;
China Construction Bank’s down payment for first home is 2.50%, second home’s down payment is 30%; Hua Xia Bank’s first home down payment is 2.50%; Bank of Communications’ second home’s down payment is 30%, interest rate Float up to 10. There are 5 banks that offer 20% down payment for the first home, and the lowest interest rate is 10% off offered by Industrial and Commercial Bank of China and Agricultural Bank of China.
At present, there are 8 local banks in Hohhot. In terms of down payment for the first home, Industrial and Commercial Bank of China, Agricultural Bank of China, China Merchants Bank, China Everbright Bank, and Bank of China provide 20% down payment, China Construction Bank and Huaxia Bank provide 2.50% down payment, and Bank of Communications provides 20% down payment. 30%; in terms of interest rates, Industrial and Commercial Bank of China and Agricultural Bank of China offer 10% off, and China Merchants Bank offers 9.5% off. Bank of China, China Construction Bank, Bank of Communications, China Everbright Bank, and Hua Xia Bank all implement benchmark interest rates.
In terms of down payment for a second home, except for China Everbright Bank, Bank of Communications, and China Construction Bank, which is 30%, other banks are all offering 40%. The interest rates of 8 banks have increased by 10% from the benchmark interest rate.
List of Hohhot mortgage interest rate discounts
Interest rate floating
Bank
Interest rate
10% off
Industrial and Commercial Bank of China, Agricultural Bank of China
4.41
50% off
China Merchants Bank
4.66
Benchmark Interest rates
Bank of China, China Construction Bank, Bank of Communications, China Everbright Bank, Hua Xia Bank
4.90
Data collection time is March 18, for reference only. The actual interest rate of the bank shall prevail