Title: How to combine loans? Popular topics and practical guides on the Internet in the past 10 days
Recently, the topic of loans has become a hot topic again due to interest rate adjustments and changes in property market policies. Many netizens are concerned about how to reduce interest costs and optimize the use of funds through portfolio loans. This article will combine the hot discussions on the entire network to provide a structured analysis of the operating points of portfolio loans, and attach the latest data comparison.
1. What is a portfolio loan?
Combination loans refer to the simultaneous use of two or more loan types (such as provident fund loans + commercial loans) to meet the needs of low interest rates and high amounts. In recent discussions, home buyers in first-tier cities have paid the most attention to this issue.
| Loan type | Interest rate range (2024) | Advantages | Limit |
|---|---|---|---|
| Provident Fund Loan | 2.75%-3.25% | lowest interest rate | Limited quota (usually ≤1.2 million) |
| business loan | 3.8%-4.5% | Flexible quota | higher interest rate |
| portfolio loan | combine both | Balance costs and limits | The process is complex |
2. Application conditions for portfolio loans (summary of popular issues)
Based on the frequently asked questions on social platforms in the past 10 days, the key conditions are summarized as follows:
| request | Specific instructions |
|---|---|
| Provident fund deposit | Continuous payment for ≥ 6 months (some cities require 12 months) |
| Credit history | The commercial loan part requires good credit (no three or six in a row) |
| Proof of income | Monthly income ≥ 2 times monthly payment (covering combined repayment) |
| Property type | Only for residential buildings and in compliance with provident fund loan policies |
3. 5-step operation process (with the latest bank policies)
Based on recent practical experience shared by netizens, the process is as follows:
1.prequalification: First check the loan limit with the provident fund center, and then consult the commercial loan section of the cooperative bank.
2.Submit materials: It is necessary to prepare ID card, house purchase contract, income certificate, provident fund payment details, etc.
3.Approval separately: Provident fund and commercial loans are reviewed simultaneously, which takes about 2-4 weeks (some banks have recently increased the speed to 10 days).
4.Sign a contract: Two independent contracts, please pay attention to whether the repayment method is consistent (equal principal and interest/principal).
5.Loans and repayments: The provident fund portion will be given priority in disbursement, and the repayment accounts may be separated (automatic deductions and binding are required).
4. Guide to avoid pitfalls (recently hotly discussed issues)
1.interest rate trap: Some bank commercial loans have floating interest rates, and a fixed interest supplement agreement needs to be signed.
2.Early repayment: There is no penalty for early repayment of the provident fund portion, and a 1%-3% fee may be charged for the commercial loan portion (new regulations in 2024).
3.Quota allocation: It is recommended to give priority to using the full provident fund amount and make up the remaining amount with commercial loans.
5. Comparison of policies in popular cities for portfolio loans in 2024
| city | Maximum amount of provident fund | Commercial loan LPR plus points | Portfolio loan proportion |
|---|---|---|---|
| Beijing | 1.2 million | LPR+55BP | 60%-70% |
| Shanghai | 1 million | LPR+50BP | 50%-65% |
| Guangzhou | 800,000 | LPR+30BP | 40%-55% |
| Shenzhen | 900,000 | LPR+45BP | 45%-60% |
Conclusion:Portfolio loans can significantly reduce interest expenses, but they need to comprehensively evaluate their own repayment ability and policy changes. It is recommended to simulate the calculation through the bank's official website or third-party platform (such as Alipay "Mortgage Calculator") before applying to avoid blindly following the trend.
check the details
check the details
en
