What is the basic point of mortgage loan?
The basis point is 0.0 1%, that is, the "average capital repayment method" can be used to repay the loan. As time goes on, the repayment of each installment gradually decreases. Although this repayment method has a great pressure on funds in the early stage, it can alleviate the pressure in the future. If you are a civil servant, an ordinary teacher or a general researcher, or if you have a stable job or want a simple life, it is recommended to choose the repayment method of equal principal and interest, because this repayment method is conducive to better arranging your life in advance.
What is the latest mortgage interest rate?
At present, the latest basic points are: the one-year LPR interest rate is 3.55% and the five-year LPR interest rate is 4.2%, which will be adjusted by local governments and banks according to the actual situation.
In addition to the fixed interest rate of commercial mortgage loans, the floating interest rate of commercial mortgage loans consists of LPR plus basis points. In other words, when the LPR interest rate changes, the mortgage interest rate will also change. Generally speaking, it will not change immediately, but will be adjusted on the mortgage repricing day every year.