The store pays 50% down. The term of mortgage loan for individual shops provided by banks shall not exceed 10 years at the longest. But some commercial project developers can help you pay a part, such as 30% down payment, and then another 20% developers can help you pay first, as long as you pay back the money within the specified time.

If you buy a first-hand shop, you can borrow up to 50% of the contract price; If it is a second-hand shop, you can borrow up to 50% of the evaluation price. This evaluation price is not necessarily the amount of your actual transaction, but depends on the amount of the loan you need and your ability to bear the relevant taxes.

Shops are real estate specially used for business activities, and are places where operators provide commodity transactions, services and experiences to consumers. Broadly speaking, the concept of shops includes not only retail business, but also real estate for entertainment, catering and tourism, profitable exhibition halls, sports venues, bathrooms, and commercial premises with physical buildings such as banks and securities.

Source: Baidu Encyclopedia Store

How to calculate the down payment and interest rate of mortgage loans in shops?

The analysis is as follows:

1, the store mortgage loan must be down payment of 50%, and the highest interest rate is 10%. The so-called 50% is calculated according to the value of the store you want to buy.

2. Shops mortgage is different from ordinary housing mortgage (subject to the property you want to mortgage, the loan amount is generally 65%-70% of the real estate assessment value. The interest rate is 15%-30%).

3. It should be noted that the longest loan period of a shop is 65,438+00 years. Because it is an investment property, there is no difference between the first set and the second set.

4. The minimum down payment is 50%, the maximum loan is 50%, and the interest rate will rise at least 10%, depending on personal work income and personal bank credit information, as well as the policies of local banks, ranging from 10% to 20%.

Extended data

Store mortgage application information:

1. The borrower's ID card (household registration book) or other valid proof of residence, and the married person must also submit personal proof of marital status;

2. The loan applicant fills in the Application (Approval) Form for Commercial Housing Loan;

3. down payment voucher;

4. Contracts or agreements for the purchase of shops;

5 proof of the borrower's family property and income;

6. The identity certificate of the borrower;

7. Other information required by the bank.