Interest rate of serviced apartment loan

The down payment ratio of the hotel-style apartment house purchase loan shall not be less than 50%, the term shall not exceed 10 year, and the loan interest rate shall not be lower than 1. 1 times of the same grade interest rate published by the People's Bank of China. The specific down payment ratio, loan term and interest rate level are determined by commercial banks independently according to the relevant principles of loan risk management; When applying for a loan in the name of "commercial and residential dual-use housing", the down payment ratio shall not be less than 45%, and the loan term and interest rate level shall be implemented in accordance with the Provisions on the Administration of Commercial Housing Loans.