Experts suggest that the mortgage repayment time is extended to 40 years!Netizen: Continue to pay back when retired?

Zhongxin Jingwei, August 27th (Wang Yuling Wei Wei) On the 27th, the topic of "experts suggested to repay the mortgage to 40 years" appeared on Weibo to search for the first. Dong Fan, director of the Real Estate Research Center of Beijing Normal University, said in an interview with the media that in order to reduce the burden of buying a house for young people, measures can be achieved by reducing the proportion of down payment, only repayment of interest in the first five years, and extending loan repayment time. The remarks have aroused heated discussion among netizens. What do you think?

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It is recommended to extend the time to repay the mortgage to 40 years

Recently, Dong Fan pointed out in an interview with Phoenix Network Finance that the proportion of domestic down payment in China is 30%, which is relatively high in the world. Other countries are generally 10%, or even 5%. It may be a bit difficult to fall to 10%at once, but it can be considered to be reduced to 20%, so that the process of accumulating enough down payment will be shortened.

In addition, Dong Fan believes that it can also extend the annual loan. It is generally possible to loan in China for 30 years, can it be considered to be extended to 40 years? In this case, the pressure of young people will be greatly reduced. "Some people say that if you extend your loan time, you may retire and pay off the mortgage, but it doesn't matter if you retire the loan. Because there is a pension after retirement, and when you retire, this part of the loan is occupied by your income. The percentage is also very small. "Dong Fan said.

For Dong Fan's remarks, netizens have different evaluations. Some netizens said: "Why do you have to repay the mortgage after retiring and point to the pension life."

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Some netizens also analyzed the problem that there may be a problem of extended housing loan interest, which will cause a greater burden on young groups. Zhongxin Jingwei calculated a account, taking a loan of 1 million yuan, a loan rate of 4.1%of the first home loan, and a monthly equivalent principal and interest repayment as an example. ; If the loan is 40 years old, the monthly supply is 4242 yuan per month, and the total payment is 1.0361 million yuan. It can be seen that the monthly monthly supply decreased by 590 yuan, but the total interest was nearly 300,000 yuan more.

Should the loan time be extended to the down payment ratio?

Zhongxin Jingwei noticed that the executive meeting of the State Council held a few days ago proposed that the local “one city, one policy” was allowed to flexibly use credit policies such as credit to reasonably support rigid and improved housing needs. On August 22, the LPR of more than 5 years of the mortgage interest rate referenced LPR sharply lowered 15 basis points to release space for the downlink of mortgage interest rates in various places. At present, the lower limit of interest rates for the first house and two -set loan loan of commercial banks in many places has dropped to 4.1%and 4.9%. Many cities' actual mortgage interest rates hit a new low since 2009.

Regarding the issue of loan loans, generally, banks stipulate that the longest loan period for personal housing loans is 30 years, and some regulations do not exceed 25 years. Determine. In addition, the longest loan period for personal commercial housing does not exceed 10 years.

Dong Ximiao, chief researcher of Zhailian Financial, wrote that in 1995, the Interim Measures for the Administration of Commercial Bank of Housing Loan Management was officially introduced, and the maximum period of personal housing loan was specified as 10 years. The method was revised in 1997, extended the longest period to 20 years, and the longest period of 1999 was extended to 30 years.

In an interview with Zhongxin Jingwei, Dong Ximiao said that the loan period is essentially a business behavior and is the independent choice of banks.

He further pointed out that some banks have corresponding regulations. For example, the required loan period and the age of the lender cannot exceed a certain value. For example, if the lender is 40 years old, it cannot exceed 70 after the loan time is added.

"The longer the loan period is not older, the better the loan's 40 -year interest is much higher than that of 30 years, and there will be a problem of whether there is sufficient repayment in the later stage. The situation and income expectations are expected to make arrangements. If the income is not high at the moment, and the pressure on the monthly repayment is large, the loan period can be appropriately extended, but it will be more interesting to the bank. Pay repayment, the loan period can be shorter, "Dong Ximiao said.

Since the beginning of this year, a new round of adjustments have emerged in real estate policies in various places, and the proportion of real estate down payment has been adjusted in many places. On August 25, the People's Government of Changzhi City, Shanxi Province issued the "Notice on Printing and Distributing the Patient Circular Circle and Healthy Development Implementation of Changzhi City (Trial)", which stated that it guided commercial banks to implement differentiated housing credit policies, residents and families The purchase of the minimum down payment ratio of the first house to perform 20%of the regulations.

According to incomplete statistics from the media, recently, there are already regions including Chengde, Huizhou, Zhanjiang, Shanwei, Suzhou and other regions to adjust the down payment ratio of house purchase. For example, the banking institutions in Zhanjiang, Guangdong have purchased commercial personal housing loans for the first time of residents' families to purchase ordinary housing, and the minimum down payment ratio was reduced from 25%to 20%. At the same time, there are regions to adjust the down payment ratio of the second house.

Dong Ximiao's analysis of Zhongxin Jingwei stated that the first set of down payment ratios in many places is 20%, including the down payment ratio of some cities' provident fund loans to 20%. "The down payment ratio remains 20%and 30%, which is fully considered, mainly because the leverage rate of the residential department does not want to be too high. The lower the down payment ratio is not as good as possible. Method. "Dong Ximiao said.

Many banks have disclosed real estate loan strategies

Recently coincided with bank -intensive disclosure interim performance reports, many banks were asked about strategic issues about real estate loans when they held a performance conference. Many banks judged that the risk of real estate loans was controllable. Zhu Jiangtao, deputy governor of China Merchants Bank, said that the high point generated during the year has passed, and the risk of the entire industry will become stable. Regarding personal housing mortgage loans, Wang Jianzhong, deputy governor of China Merchants Bank, said that the growth of growth in the first half of this year was less than expected, which is highly related to the market. Next, the bank will increase the number of second -hand housing on the basis of first -hand houses to achieve stable growth of mortgages.

Regarding the trend of real estate in the future, Hu Yan, deputy governor of CITIC Bank and the risk director, pointed out at the performance conference that in the short term, the risk of the real estate industry has not been completely lifted, and the market confidence needs to be recovered. Real estate will develop safely and healthy. "We believe that the overall situation of real estate should be controllable. The future situation will continue to stabilize with the implementation of the policy, and the overall demand will be improved." Hu Yan said.

Hu Yan mentioned that there are two aspects of attention at present. One is that the data of sales recovery is not too obvious. This is essential for the future healthy development of the entire real estate industry. Second, due to the differentiation of enterprises, companies with slow dewlocation, heavy debt, and poor management may have some impact on the entire real estate industry, which is also what we are continuously paying attention.

For real estate incremental projects, Hu Yan said that he will choose "good customers, good areas" key layouts, while focusing on supporting rigid and improving housing needs.

Guo Shibang, deputy governor of Ping An Bank, said at the performance meeting that the bank will follow the policy of "housing and not speculation" in the future, and continue to implement the balanced and orderly exit of real estate loans on the basis of implementing regulatory requirements. Housing and rental housing development and operations, and policy -oriented real estate projects, have options to support the development of ordinary commodity housing with real needs and support areas, and actively participate in real estate companies' merits of debt underwriting and investment.

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