I can't.
According to the house purchase inquiry in official website, the mortgage interest rate cannot be adjusted. According to the regulations, the mortgage interest rate generally obeys the benchmark interest rate, but you can choose a fixed interest rate or a floating interest rate. Whether you choose fixed interest rate or floating interest rate, you need to wait until the second year to implement the new interest rate. So I can't get it back.
Mortgage refers to housing mortgage, which means that the lender will repay the housing loan to the bank on time every month after mortgage purchase, and use the housing property as collateral to obtain the loan.
Can the mortgage interest rate be adjusted?
Can I apply for mortgage interest reduction?
LPR interest rate falls
After the central bank and the Bank of China Insurance Regulatory Commission announced that the LPR interest rate will drop, if the borrower's mortgage interest rate is calculated according to the LPR floating interest rate, then the borrower's mortgage interest rate may also drop.
According to the regulations, after the LPR interest rate drops, the bank's benchmark loan interest rate will also fluctuate, and the loan interest rate of buyers needs to be re-formulated. In principle, it is one year.
Of course, this does not mean that the borrower's mortgage interest rate will change immediately after the LPR interest rate changes, but will wait until the re-pricing date. The repricing date of most banks is 1. You can also choose to change it on the repayment date, which is more convenient to remember.
Assuming that the annual loan repricing date is 65438+ 10 1, a new loan interest rate will be set with reference to the LPR of the same period in June 65438+February last year, and only the same mortgage interest rate will be implemented during the repricing date of that year. No matter how the LPR was adjusted, the mortgage will not change.
If the calculation method of mortgage interest rate chosen by the borrower is fixed interest rate, the borrower's mortgage interest rate will not be adjusted no matter how the LPR interest rate fluctuates.
2. Provident fund loans
If the borrower applies for a provident fund loan, the mortgage interest rate can hardly be lowered. Because provident fund loans are equivalent to welfare loans issued by the state to employees, the loan interest rate is already very low, and the interest rate of provident fund loans is paid separately and will not be adjusted with the adjustment of LPR interest rate.
How is the mortgage interest calculated?
There are two ways to calculate mortgage interest, one is equal principal and interest, and the other is average capital. The monthly repayment amount of these two methods will be different, and the total repayment interest will be different.
1. Equal principal and interest means that the borrower pays the same monthly repayment, but the difference is that the proportion of repayment principal and interest in the monthly payment is different, and the proportion of repayment principal in the previous period is small and the interest is large. With the repayment of users, the proportion of principal in monthly payment will be more and more, while the proportion of interest will be less and less.
2. The average capital means that the borrower's repayment principal is the same every month, and the repayment interest will decrease with the decrease of repayment principal. Therefore, the borrower chooses to repay with the same principal, and the repayment amount in the early stage is higher, which is more suitable for loan users with certain economic strength.
Can it be changed if it is lowered by 20 basis points?
You can't adjust it. Mortgage basis points fell. There will be no adjustment for users who have signed mortgage contracts. Only the LPR interest rate will be adjusted. The basic point of mortgage loan is based on the evaluation of user qualification. The basis points of different users may be different, and the decline of basis points may only appear for some users.
Lpr+ 123 basis points can be lowered.
Lpr+ 123 basis points cannot be lowered. According to the relevant public information inquiry, the mortgage interest rate is determined by the LPR plus the basis point when the user applies for a loan to buy a house, and cannot be adjusted. Once the cardinality is determined, it remains the same.