How to see whether the mortgage interest rate is fixed or floating? When buying a house, most people will choose a loan. After all, the housing price in the city is higher, but there is interest on mortgage, so the mortgage interest rate should be fixed or floating. Look at your loan contract, there will be a clear explanation, whether the mortgage interest rate is fixed or floating; You can call the customer service of the loan company and ask them to consult their loan interest rate.

Regardless of whether the housing loan interest is fixed or floating, the mortgage interest rate will fluctuate after 2020. According to the policy of the central bank, the interest rate of commercial individual housing loans is calculated according to a certain LPR. Once the benchmark is determined, a new interest rate will be calculated every time according to the benchmark interest rate calculated by the last LPR, and the next price will continue until the next price.

If it is a personal housing provident fund loan, although it will not directly affect LPR, it will be implemented according to the bank's interest rate. If the bank adjusts the benchmark interest rate during the loan period, the new interest rate will be implemented next year 1 month 1 day, so there will be changes.

As for the mortgage before 2020, if the customer chooses a fixed interest rate during the interest rate pricing conversion, the interest rate will not change in the future loan period. If you choose LPR+ floating interest rate, the interest rate will change. Mortgage interest rate interest rate floating interest rate interest rate floating interest rate.

The basis of floating interest rate The floating interest rate of floating LPR is linked to LPR. In the floating interest rate of LPR, there is basically no change except LPR. Interest rates will be adjusted only after LPR is raised or lowered. Because LPR will be updated once a month and the floating interest rate of LPR will be adjusted, it will not be adjusted until next year 1 month 1 day.

The floating interest rate of LPR will not be adjusted with the adjustment of LPR unless the interest rate adjustment date is reached. Of course, after LPR adjustment, the interest rate depends on the level of LPR. The floating interest rate of LPR may be raised, and if LPR is raised in the future, then this interest rate will also be raised.

For users, the advantages and disadvantages must be considered when choosing LPR floating interest rate. Even the fixed interest rate has its advantages and disadvantages.

The above is about how to see whether the mortgage interest rate is fixed or floating. I believe you already know something about this. I hope this article is helpful to you.