Some property buyers said that they were ready to go to ICBC for a loan and suddenly received an intermediary notice to raise interest rates. For those who are preparing for online signing, property buyers are caught off guard because of the interest rate hike tomorrow.
According to the calculation, under the condition that the original interest rate of the first home loan is 4.65%(LPR 0), bank customers need to pay 15469. 1 yuan per month for a 30-year commercial loan with equal principal and interest, with a total interest of 2,568,900 yuan.
When the interest rate of the first home rises to 5%(LPR+35 basis points), the bank customers need to repay 16 104.65 yuan every month with a commercial loan of 3 million yuan for 30 years, with a total interest of 2,797,700 yuan. It is equivalent to a monthly increase of 63.5 55 yuan, and the total interest is increased by 228,800 yuan.
According to the original interest rate of 5.25%(LPR+60 basis points), the 30-year commercial loan is 3 million yuan, and the bank customers need to pay back 16566. 1 1 yuan every month, with a total interest of 2,963,800 yuan.
When the interest rate of the second home loan rises to 5.7%(LPR 105 basis points), bank customers need to pay 174 12.0 1 yuan every month for a 30-year commercial loan with equal principal and interest, and the total interest is 3,268,300 yuan, which is 8,459 yuan more than the monthly payment.
Yan Yuejin, research director of the think tank center of Yiju Research Institute, believes that the rise fully reflects that the tide of mortgage tightening has also appeared in Shanghai, further reflecting the orientation of mortgage in the second half of this year.
1, adjust upward
The increase in mortgage interest rates is reflected in the first suite and the second suite. Among them, the first home loan interest rate will be adjusted from the current 4.65% to 5%, and the second home loan interest rate will be raised from 5.25% to 5.7%. The new regulations will be implemented on July 24. For such a policy, it also fully shows that the increase of mortgage interest rate is all-round. Relatively speaking, the interest rate of the second home loan will rise even more, which needs attention.
Step 2 enhance the background
In addition to the centralized mortgage and real estate control policies, the pressure faced by banks is also an important reason for the upward adjustment. For this kind of increase, it fully shows that the interest rate has also been reflected in the case that the pace of bank mortgage in Shanghai has slowed down before. Similar upward adjustment also shows that the bank itself has taken positive actions, which fully embodies the characteristics of tight credit.
3. Market impact
A similar increase will first affect the purchase cost of buyers, that is, the cost of mortgage loans. At the same time, for property buyers, it is also necessary to know the quota of each bank and take the initiative to master the loan application. Of course, after the tightening of the loan policy, it will objectively have a greater impact on the purchase of the second home, which will objectively contribute to the stability of the housing market. On the other hand, it also makes the subsequent house prices more stable, so for other buyers who enter the market, they can still decompress from the perspective of the purchase price.