If the mortgage repayment is not lowered after the loan interest rate is lowered, it is mostly because of the following reasons.

Second, the specific analysis

1, the downward adjustment is LPR (loan market quotation), and the mortgage is a provident fund loan, which has nothing to do with LPR. Only the benchmark interest rate of central bank loans will be lowered, and the new interest rate will be implemented from the following year 1 to reduce mortgage repayment.

2. Although LPR is lowered, commercial loans agree to implement a fixed interest rate. Therefore, no matter how LPR is adjusted and changed, the mortgage interest rate will be implemented according to the interest rate agreed at the time of signing the contract and remain unchanged. In this way, the mortgage repayment will not change.

3. After the LPR is lowered, the commercial loan with the agreed floating interest rate has not yet reached the repricing date. During this period, the mortgage is naturally implemented at the original interest rate, so the repayment will not decrease with the LPR being lowered.

However, when the re-pricing date comes, the designated basis point will be calculated according to the latest LPR quotation, thus obtaining the new interest rate. After the implementation of the next cycle, the mortgage repayment will be reduced accordingly. As for the repricing date, you can choose the loan issuance date or 1+0.

You can get the online loan big data report from the platform of "Xiaoqi Credit Information", which contains information such as online loan history, overdue details of online loans, liabilities, untrustworthy information, and online loan blacklist.

Third, personal credit is good. Will the mortgage interest rate be cheap?

Personal credit is good, and the mortgage interest rate will indeed be cheaper.

The composition mode of mortgage interest rate is LPR+ basis point, in which the basis point is determined by the bank according to the user's credit qualification. That is to say, the better the personal credit qualification, the lower the basis point and the cheaper the final mortgage interest rate will be.

Of course, this basic point also has corresponding requirements. The interest rate of the first home loan shall not be lower than the LPR in the same period, that is, the basis point shall not be negative. The increase of the second home loan interest rate LPR shall not be less than 60 basis points.

The user's credit paper is in good condition, and the bank needs to decide how many basis points to add.

In addition, the basis points added by banks in different regions may be different. When users apply for a mortgage, they can finally get a lower mortgage interest rate as long as they ensure their excellent personal credit qualifications.

The lower the mortgage interest rate, the less mortgage interest users will eventually have to pay. In this way, the cost of buying a house will be reduced for users.