The calculation method of LPR interest rate is based on LPR quoted interest rate, plus a numerical value. Lpr refers to the interest rate in the loan market, and other loan interest rates can be calculated by addition and subtraction. The interest rate of LPR is 18, which is quoted by the bank at the same time, then divided by the highest price and the lowest price, and then the final price is calculated by the average method. An offer will be made every 20 days. At present, the LPR interest rate from 2065438 to February 2009 is 4.8%. For example, the fixed interest rate is 5.4%, plus a value, which is 5.4%, which is equal to 0.6%. The interest rate of LPR is 0.6% of the monthly interest rate of 18 bank.

If the previous interest rate was 4.2%, then the current interest rate is 4.2%, plus 4.8%, which is -0.6%. That is to say, the monthly interest rate of 18 bank is -0.6%, and the monthly interest rate will change differently.

The benchmark loan interest rate, commonly known as LPR, is the loan interest rate provided by banks to their best customers, and other loan interest rates can be raised or lowered on this basis. The centralized quotation and release system of benchmark loan interest rate should be based on the fact that the quotation bank is independent of the benchmark bank deposit interest rate, and the designated publisher carries out weighted average calculation on the quotation to generate the quotation average interest rate of the basic loan interest rate of the quotation bank and release it to the outside world. At the initial stage of operation, the benchmark interest rate for one-year loans will be awarded to social development.

How often is the interest rate adjusted?

LPR is adjusted once a month, but that doesn't mean it should be adjusted once a month. Customers can negotiate with the bank loan company to determine the loan interest rate cycle, the shortest is one year, and the longest is the contract period. Lending banks and lending institutions can choose according to their own interest rate risk tolerance and operating ability. Every time the interest rate is re-determined, its price benchmark is adjusted to the LPR of the latest month.

For example, the term is one year, and after one year, the loan interest rate will be adjusted to the LPR of the latest month. The mortgage interest rate is readjusted in the same way, that is, the loan interest rate is adjusted on the first day of each month.

The floating interest rate of mortgage loan LPR refers to an increase of one basis point on the basis of the benchmark LPR announced by the central bank, thus forming the final loan interest rate. Mortgage LPR floating interest rate = benchmark interest rate+bonus points. Different banks will have different bonus points, and the specific bonus points depend on the bank's approval. It should be noted that the adjustment of the floating interest rate of LPR housing loan will be carried out on the day when the price is re-determined.

If customers choose a fixed interest rate, there will be no adjustment.