The mortgage base point is the interest calculation factor for the state to adjust the mortgage interest rate. The mortgage base point is a specific value, which is agreed by the bank and the borrower. Once the value is determined, it will be fixed within the contract time. The current interest rate is calculated according to LPR interest rate plus mortgage basis point, and the interest rate will change with LPR interest rate. The basis points are unchanged, and 100 basis points are 1%.

New commercial loans are based on the latest one-month term LPR. The interest rate of the first set of commercial loans is not lower than the LPR in the same period, and the interest rate of the second set of commercial loans is not lower than the LPR plus 60 basis points in the same period. LPR refers to the quoted market interest rate. When calculating the interest rate, it is usually calculated by LPR. The central bank sets the benchmark interest rate for commercial banks' loans, and commercial banks fluctuate on a certain basis according to interest rates, quotas, credit standing and risks. This data is the loan interest rate. LPR can now be divided into two types, one is 4.25% of 1 year, and the other is 5.85% of more than 5 years.

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