Core Viewpoint - The People's Bank of China announced a new policy for commercial personal housing loan interest rates in Shanghai, eliminating the distinction between first and second home loans, which will lower the interest rate for second home loans to 3.05% from previous rates of 3.45% and 3.25% in different areas, thereby reducing the cost of purchasing for improved housing demand [1] Group 1 - The new policy will unify the interest rates for second home loans, significantly lowering the cost for buyers [1] - The reduction in interest rates is expected to enhance the purchasing power for those looking to upgrade their housing [1] - A calculation by a chief analyst indicates that for a loan of 1 million yuan over 30 years, monthly payments could decrease by approximately 220 yuan, leading to a total interest savings of 80,000 yuan [1]
上海房贷利率不分首套房和二套房，30年百万贷款利息可省8万元
Bei Ke Cai Jing·2025-08-25 09:29