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.
Current preferential interest rate before adjustment of benchmark interest rate Current preferential interest rate before adjustment:
1 and 10 fixed-rate loans 8.613% 6.930% 7.953% 7.099%
2.20-year fixed-rate loan 8.811%7.580% 8.121%7.246%
3. Five-year floating rate loan 5.760% 4.032% 5.918% 4.204%
4.30-year floating rate loan 5.940% 4.158% 6.098% 4.350%
5. Three-year fixed-term mixed interest rate loan 7.200% 6.120% 8.041%7.069%
6. Mixed interest rate loans with a fixed term of 5 years 7.290% 6.660% 8.121%
Extended data:
I. Loan interest
General compound interest is calculated on a monthly basis. Compound interest means that after the end of each interest period, the remaining interest should be added to the principal to calculate the interest of the next period. In this way, in each interest-bearing period, the interest of the previous interest-bearing period will become the principal of interest-bearing, that is, interest will accrue at interest, which is also commonly known as "rolling interest".
There are two ways to repay by installments, one is equal principal and interest, and the other is average capital. Due to the different repayment methods, the monthly loan interest is also different. However, no matter what kind of loan method, there is a unified calculation standard for bank loan interest.
Second, the loan interest calculation formula
Daily interest rate (0/000)= annual interest rate (%)÷360 = monthly interest rate (‰)÷30.
Monthly interest rate (‰) = annual interest rate (%)÷ 12
Current month loan interest = remaining principal of last month * monthly loan interest rate;
Principal paid in the current month = repayment amount in the current month-loan interest in the current month;
Remaining principal of last month = total loan-accumulated principal repayment;
So, how to calculate the loan interest? Below we can according to a practical example to illustrate:
If borrower A borrows RMB 6,543,800+from XX Bank, and the loan term is three years, the monthly loan interest rate is 0.5 125% based on the latest loan interest rate of 20 13 (the current annual interest rate for three-year loans is 6. 15%).
The first month loan interest =10000 * 0.5125% = 512.5;
Principal paid in the first month = repayment amount in the first month (depending on repayment method)-521.5;
Residual principal in the first month = 100000- (repayment amount in the first month-521.5);
Second month loan interest = {10000- (first month repayment amount -52 1.5)} * 0.5 125%.
Baidu encyclopedia-mortgage interest rate