If the final approval rate of the mortgage loan is higher than the face-to-face signing rate, the bank will implement the loan after the mortgage applicant agrees. If the applicant disagrees with the final interest rate, the loan can be cancelled.
At present, the loan interest rate of the first suite is 5.39% to 5.88%, the loan interest rate of the second suite is 5.39% to 6.37%, and the common interest rate is 5.88%, so whether you are the first suite or the second suite is normal. The rise in loan interest rates will have a great impact on housing, especially for some young people who plan to buy a house. They may not be able to pay all the housing bills at once. Therefore, housing loan is very necessary.
1, the mortgage interest rate usually refers to the annual interest rate, but when repaying the loan every month, the annual interest rate will be divided into monthly interest rates.
2. Relationship between annual interest rate and monthly interest rate:
Monthly interest rate = annual interest rate/12, annual interest rate = monthly interest rate * 12. For example, the annual interest rate is 7.05%, which translates into a monthly interest rate of 7.05%/ 12=5.875‰ (in general, the interest rates of banks in mortgage contracts are expressed by monthly interest rates).
3. So the annual interest rate is generally% (percentage), and the monthly interest rate is generally expressed as ‰ (one thousandth).
4. If the loan term exceeds one year, the loan interest rate will be adjusted once every June 65438+ 10 1. If the benchmark interest rate is not adjusted within the loan term, the loan interest rate will not be adjusted.
Extended data:
Interest rate characteristics
The mortgage interest rate in China is uniformly stipulated by the People's Bank of China. If there is a real estate loan in a bank, the loan should pay interest at the interest rate stipulated by the bank. This interest rate is the mortgage interest rate. 2065438+June 7, 2002, the central bank issued an urgent document to commercial banks, demanding that the lower limit of the floating range of individual housing loan interest rate of commercial banks should still be 0.7 times of the benchmark interest rate.
Commercial banks will implement a new interest rate: starting from 20 13 10, the pressure on mortgage borrowers can be reduced. However, each commercial bank can float within a certain range. The mortgage interest rate in China is not always constant, but often changes. The form is that interest rates have been rising, so we often compare the situation before and after raising interest rates.
Current benchmark interest rate? Before this preferential interest rate adjustment, adjust the benchmark interest rate and adjust the preferential interest rate.
10 fixed rate loan 8.613% 6.930% 7.953% 7.099%
20-year fixed-rate loan 8.811%7.580% 8.121%7.246%
Five-year floating rate loan 5.760% 4.032% 5.918% 4.204%
30-year floating rate loan 5.940% 4.158% 6.098% 4.350%
Three-year fixed-term mixed interest rate loan 7.200% 6.120% 8.045438+0% 7.069%
Mixed interest rate loans with a fixed term of 5 years 7.290% 6.660% 8.121%
References:
Baidu encyclopedia-mortgage interest rate
References:
Baidu encyclopedia-annual interest rate
References:
Baidu encyclopedia-monthly interest rate