Floating means tight monetary policy, which makes money flow back to banks. On the contrary, downward floating means the expansion of monetary policy.
After the general bank loan interest rate is adjusted, the interest rate of the unpaid part of the loan will also be adjusted accordingly. There are three ways to calculate interest:
After the bank's interest rate is adjusted, the newly adjusted interest rate will be implemented at the beginning of the following year. For example, at present, industrial and commercial bank, agricultural bank and China Construction Bank all use this method for mortgage loans;
Annual adjustment, that is, the new interest rate is adjusted and implemented every repayment year. For example, the bank mortgage in China is like this;
The two sides agreed that the new interest rate level will generally be implemented in the next month after the bank's interest rate adjustment, and small and medium-sized banks generally adjust the mortgage interest rate in this way. The interest rate of provident fund loans will be adjusted on June 65438+ 10/0/every year. Therefore, it is agreed to implement the new interest rate adjustment at the beginning of the following year when the monthly payment is adjusted in 5438+ 10. If the new interest rate is adjusted and implemented after one year of repayment, you need to wait patiently.
Data expansion:
From the borrower's point of view, interest rate is the unit cost of using funds, which is the price that the borrower pays to the lender by using the lender's monetary funds; From the lender's point of view, interest rate is the rate of return that the lender obtains by lending monetary capital. If I is used to represent the interest rate, I is used to represent the interest amount, and P is used to represent the principal, the interest rate can be expressed by the formula: I = I/P.
References:
Baidu encyclopedia bank interest rate