However, it should be noted that when applying for a mortgage, individuals are allowed to choose a fixed interest rate or a floating interest rate. If the floating interest rate selected by the individual has a new loan interest rate, it can be adjusted to the latest loan interest rate; If an individual chooses a fixed interest rate, it cannot be adjusted.
Due to the innovation of bank products and changes in policies in recent years, the "interest rate adjustment method" in loan contracts can be negotiated with banks, and most banks can agree on "annual interest rate adjustment" or "monthly interest rate adjustment", which needs to be determined when signing loan contracts.
The mortgage interest rate will be adjusted to 65438+ 10/0/next June, according to the interest rate last adjusted by the central bank in that year. There are two main bases for interest rate adjustment during the loan period: the interest rate adjustment decision issued by the People's Bank of China (the central bank); The interest rate clause in the contract stipulates.
The bank loan contract has been signed and the loan is issued. If the basic interest rate is adjusted during the loan repayment period, it shall be adjusted according to the adjustment range of the basic interest rate. If the adjustment range is within the upper and lower limits of the interest rate stipulated by the People's Bank of China, it will not be adjusted. It is specifically agreed by the loan contract.
There is an agreement in the bank contract. If PBOC raises the benchmark interest rate after the contract is signed and before the loan is issued, they can issue loans at the new benchmark interest rate. The published interest rate and the interest rate signed in the contract are annual interest rates, and the interest rate signed in the general contract will rise above the benchmark interest rate (between 20% and 50%).
What if the interest rate has just been lowered? Just do it.
1. If the lender really doesn't know his monthly payment after the loan interest rate is lowered, you can check it on the loan bank APP or pay attention to the monthly repayment message sent by the bank. According to the loan amount shown by the bank, he can deposit enough money in the repayment card one day before the repayment date, and the bank can deduct the money.
2. The only feasible way for buyers is to change houses or pay off loans and apply for loans from banks again, so as to obtain preferential interest rates. But this method can only be implemented when the loan interest rate is very cheap, because it takes a lot of energy. If the interest rate only drops a little, it is not worthwhile for buyers to adopt this method.
After buying a house, the interest rate dropped again. If the base interest rate has not dropped, it can only be repaid according to the previous interest rate. If the base interest rate is also lowered, the repayment amount will be reduced accordingly.
4, there is no way. As long as the benchmark interest rate is not adjusted, there will be no impact on the loans already issued. The calculation of loan interest adopts floating interest rate, and the interest is adjusted with the adjustment of interest rate. Of course, no matter how it is calculated, it has no effect on the interest paid. Will have an impact on the adjusted interest.
The previous loan interest rate of 5.88 is now reduced. What should I do?
So if you have small and medium-sized enterprises, you can consider applying for inclusive loans or bail-out loans. Use this money to pay off your mortgage. This interest rate is 45% higher than the deposit in the first suite.
The bank has not made adjustments, and users can also apply for adjustments. After actively applying for adjustment, whether the bank adopts it shall be subject to the bank's reply. After all, different banks have different specific regulations, which shall prevail.
Second, repay the mortgage in advance. Nowadays, many people think that the mortgage interest rate of financial institutions has dropped so much that it is undoubtedly passive according to the previous mortgage interest rate, so they choose to repay the mortgage in advance.
Generally speaking, when you transfer money on New Year's Day, your mortgage interest rate will also drop simultaneously, but the LPR will be lowered and the floating basis point will remain unchanged. For example, if you buy a house, the LPR is 9% and the mortgage interest rate is 88%. In other words, your mortgage interest rate has increased by 98 basis points.
Let's stop here for the introduction of how to change the interest rate after lending.