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Which banks have good mortgage rates?

Be careful when choosing home loan packages to avoid risks

In 2018, it can be said that the year is a turbulent year for the real estate market in Ho Chi Minh City and the whole country in general. Particularly in the segment of housing, apartments because demand for sale, rent has been increasing rapidly.

As the demand for buying houses and apartments increase rapidly related to various factors, but partly because the land fund in the central area is gradually narrowed, so people move to invest in buying houses at In the suburbs, prices are relatively cheap.

In addition, the Government has issued many planning policies to the surrounding areas, creating conditions for investors to build residential areas and high-end residential projects for community high demand life.

And as people seek to buy houses, apartments increase, the package of loans to buy houses of banks also appear more and more with many conveniences, incentives and attractive interest.

At present, the preferential interest rate for home loans is between 7-10% per annum and fixed interest from 3 months to 3 years.

But before deciding, you should consider the types of home loan rates in different banks to make the most appropriate choice of financial ability.

Here are some information on interest rates for home loans at some banks in 2018 which you should refer to more!

Be careful when choosing home loan packages to avoid risks
Be careful when choosing home loan packages to avoid risks

Loan package for buying house at BIDV Bank

At present, BIDV Bank is applying two flexible interest rate loans to attract customers as follows:

– Fixed interest rate of 7% per annum for the first 6 months.

– Fixed interest rate of 7.5% per annum for the first 12 months.

Especially, BIDV loan limit can be up to 100% of the house purchase contract value and maximum loan term is 240 months. Interest will be paid on a monthly or quarterly basis.

The principal amount will be paid monthly / quarterly / annual or annually depending on the agreement in the contract.

Own a dream apartment with the best interest rates from financial support services
Own a dream apartment with the best interest rates from financial support services

Home loan service package at Shinhan Bank

At Shinhan Bank, there are three options for customers to borrow money to buy housing; include:

– Fixed interest rate of 7.8% per annum for the first year.

– The fixed interest rate of 8.5% / year for the first 2 years.

– The fixed interest rate is 8.9% pa for the first 3 years.

With these three rates, the borrower will reduce the current financial burden when buying a house and Shinhan Bank also apply flexible interest payment method, calculated on the debt reduction gradually; Facilitate the payment of the loan amount of the customer.

In terms of borrowing limits, Shinhan only lent to a maximum of 60% of its collateral value and lasted for 20 years.

Vincity Grand Park District 9 - The apartment project is getting a lot of attention
Vincity Grand Park District 9 – The apartment project is getting a lot of attention

Home loan service package at TPBank

For TPBank, the banking system is now applying a fixed interest rate of 7.8% per annum for the first six months and a limit of up to 90% depending on the loan plan chosen by the client.

In particular, with the flexible repayment principle, increase or decrease gradually according to income, TPBank help customers stabilize and balance financial performance in each stage.

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