What's the interest rate for mortgage loan?

According to the central bank's benchmark interest rate, the whole house mortgage interest rate is 4.35% in June-1 year (including 1 year), 4.75% in 1-5 years (including 5 years) and 4.90% in 5-30 years (including 30 years). The loan interest rate refers to the ratio of interest amount to principal amount during the loan period. The interest rate in China is managed by the People's Bank of China, and the interest rate determined by the People's Bank of China is implemented after being approved by the State Council. Housing mortgage loan conditions: 1. The house used for mortgage and the lending institution must be in the same city. 2. The property right certificate has been completed, the property right is clear, it can be listed and circulated, and the mortgage registration is handled according to law; 3. Strong mobility, intact real estate structure, complete supporting facilities and services such as water, electricity, environmental protection transportation, urban construction, property management, etc., without disputes and problems, which are not within the scope of government planned demolition; 4. The appraised property whose present value is less than or equal to 654.38 million yuan is not mortgaged; 5. In principle, mortgage loans will not be accepted for properties with a house age (referring to the completion period of the property) of more than 20 years (inclusive); 6. Collateral must be appraised by a professional appraisal institution recognized by the bank. 7. Other conditions stipulated by the bank.

Legal objectivity:

Article 5 The People's Bank of China shall set and adjust the following interest rates: (1) The deposit and loan interest rates and rediscount interest rates of the People's Bank of China to financial institutions; (2) The deposit and loan interest rates of financial institutions; (3) Preferential loan interest rate; (4) Default interest rate; (5) Interest rate of interbank deposits; (6) the fluctuation range of interest rates; (7) others. Article 6 Financial institutions shall determine the following interest rates in accordance with the relevant provisions of the People's Bank of China: (1) Floating interest rates; (2) interest rate of internal funds; (3) Interbank lending rate; (4) discount rate and discount rate; (5) Other interest rates allowed by the People's Bank of China. "Provisions of the Supreme People's Court on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases" Article 26 If the interest rate agreed by both borrowers and lenders does not exceed 24% per annum, and the lender requests the borrower to pay interest at the agreed interest rate, the people's court shall support it. The interest rate agreed between the borrower and the borrower exceeds the annual interest rate of 36%, and the interest agreement in excess is invalid. The people's court shall support the borrower's request to the lender to return the part of the interest paid that exceeds 36% per annum.