2. So how to choose a fixed interest rate and transfer it to LPR to maximize the income? Generally speaking, the previous mortgage is the benchmark interest rate plus floating points or discounts. For example, Zhang Xiao's previous mortgage interest rate was 10% off the benchmark interest rate, that is, 4.90%x90% was 4.4 1%. If the interest rate is fixed, it will always be 4.41%; If you switch to LPR, it will basically change with LPR. The specific new interest rate is the difference between the original interest rate (4.4 1%) and the LPR of 65438+ in February last year (4.80%), plus the sum of the LPR published every month. In other words, change it to a fixed monthly payment, but change it to LPR depending on whether you increase or decrease.
3. It seems that the risk of turning to LPR is greater, and the fixed interest rate is safer, but from the economic environment, LPR is in a long-term downward trend. On February 27th, the deputy governor of the central bank said at the press conference that he would increase support for individual industrial and commercial households, and would continue to promote LPR reform to guide the overall market interest rate and loan interest rate down. Since the middle of 2065438+2009, the interest rate of LPR anchor MLF has been greatly lowered, and the global economy needs to cut interest rates. The decline of LPR is an inevitable trend.
4. How much can I save by changing the mortgage interest rate? If it is fixed, as long as the benchmark interest rate remains unchanged, the monthly mortgage will not change, but now the mortgage uses LPR instead of benchmark interest rate, so no matter how it is used, the fixed mortgage and monthly mortgage will not change. For example, Zhang Xiao borrowed 20 years 1 million yuan. Calculated according to the benchmark interest rate of 5.9%, the monthly payment of equal principal and interest is 7 106 yuan. However, if it is changed to LPR, as long as it is reduced from 4.85% to 4.75%, the interest rate in the second year will be 5.7% and the monthly payment will be 6,997 yuan.
5. Although the annual deposit of 1.200 yuan is not much, the probability of LPR will continue to decline, so there is also a lot of money added and reduced every year. Therefore, although LPR also has risks, such as an increase in monthly payment, it will definitely increase, but it is still impossible according to the current trend. Even if the economy stabilizes in the future, LPR should remain at a relatively stable level, and there is not much room for monthly supply increase. However, it should be noted that the interest rate pricing conversion of existing loans should be completed before August 3, 20201,and borrowers can only choose once.
6. How to choose the mortgage interest rate to save money can be chosen according to your own understanding, but provident fund housing loans, personal housing loans due before 65438+February 3, 20201and fixed-rate loans cannot be converted. After the final conversion of LPR, the mortgage interest rate will remain unchanged until the first repricing, that is, the mortgage will remain unchanged from now to next year at 65438+ 10/0.