How to get a cost-effective loan to buy a shop
In recent years, as the commercial real estate market continues to heat up, buying a shop has become the first choice for many investors. However, the price of shops is relatively high, so how to achieve a cost-effective purchase through loans has become the focus of many people's attention. This article will combine the hot topics and hot content on the Internet in the past 10 days to provide you with a detailed analysis of the cost-effective ways to buy a shop loan, and provide structured data for reference.
1. Basic methods of shop loans
When purchasing a shop, common loan methods include commercial loans, provident fund loans (supported by some cities) and combination loans. The following is a comparison of the three loan methods:
| Loan method | Interest rate range | loan term | down payment ratio | Applicable people |
|---|---|---|---|---|
| business loan | 4.5%-6.5% | 10-20 years | 50%-70% | All investors |
| Provident Fund Loan | 3.1%-3.5% | Up to 20 years | 30%-50% | Homebuyers who pay provident fund |
| portfolio loan | 3.5%-5.5% | 10-20 years | 40%-60% | Those with insufficient provident fund balance |
2. How to choose the most cost-effective loan method?
1.interest rate priority: Provident fund loans have the lowest interest rates, but the amount is limited, and are suitable for home buyers with sufficient provident fund balances. If the provident fund is insufficient, you can consider a combination loan.
2.down payment ratio: Commercial loans have a relatively high down payment ratio, usually 50%-70%, and funds need to be planned in advance. Provident fund loans have a lower down payment ratio, which can reduce initial pressure.
3.loan term: Shop loan terms are usually shorter, commercial loans are up to 20 years, and provident fund loans are similar. It is recommended to choose an appropriate term based on your own repayment ability.
3. Recent hot topics: changes in shop loan policies
In the past 10 days, many places have introduced new policies for commercial real estate loans. The following are the latest policies in some cities:
| city | Policy content | Implementation time |
|---|---|---|
| Shanghai | Commercial real estate loan down payment ratio reduced to 50% | October 1, 2023 |
| Shenzhen | Provident fund loan limit increased to 2 million | October 5, 2023 |
| Chengdu | Shop loan interest rate discount 0.5% | October 8, 2023 |
4. Key tips for getting a cost-effective loan
1.Compare prices from multiple banks: The loan interest rates and handling fees of different banks vary greatly. It is recommended to compare the plans of at least 3 banks.
2.Follow promotions: Some banks will launch loan promotions at the end of the year or quarter, which can save interest expenses.
3.Early repayment planning: Shop loans usually allow early repayment, but be aware of any liquidated damages clauses.
5. Risk warning
1.rental yield: Before purchasing a store, you need to calculate the rental rate of return to ensure that the monthly rent can cover the monthly loan payment.
2.policy risk: Commercial real estate loan policies may be adjusted at any time, so you need to pay close attention to local developments.
3.Liquidity risk: The store’s liquidity is poor and sufficient funds need to be reserved to deal with emergencies.
Summary: When purchasing a shop, the choice of loan method directly affects the return on investment. It is recommended to choose the most suitable loan plan based on your own financial situation, preferential policies and bank products. At the same time, risks and returns need to be comprehensively assessed to ensure the scientific nature of investment decisions.
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