The floating interest rate of mortgage cannot be changed to a fixed interest rate. No matter whether it is converted into fixed interest rate or LPR, the conversion can only be carried out once, and it cannot be changed after the customer transfers the money. Of course, if the customer does not make the conversion, but the bank defaults to LPR, then the customer still has the opportunity to apply for conversion before 65438+February 3 1 to restore the original contract execution interest rate. At present, it cannot be changed after this time period.

Is the housing loan interest rate fixed or variable?

After mortgage, the interest rate is floating. Because of the commercial personal housing loan interest rate, according to the regulations of the central bank, the newly released commercial personal housing loan interest rate itself is formed by adding the corresponding term LPR as the pricing benchmark. Once the basis point is fixed, when each repricing cycle comes, on the repricing day, the new interest rate is calculated according to the latest LPR plus the specified basis point, and then it is executed in the next cycle until the next repricing day.

If you apply for housing provident fund loans, although it is not linked to LPR, the benchmark interest rate of central bank loans will be implemented, but the floating interest rate policy will also be followed. During the loan term, if the central bank adjusts the benchmark loan interest rate, the new interest rate will be implemented from 65438+ 10/month 1 next year, so there may be changes.

For the previous mortgage, if the customer chooses to switch to a fixed interest rate when operating the interest rate pricing conversion, then the subsequent loan term interest rate is fixed. If "LPR+ floating interest rate" is selected, the interest rate will still float afterwards.

Is the interest rate of housing loan fixed?

The mortgage interest rate is generally not fixed.

At present, mortgage interest rates are all based on LPR. There is usually a repricing period, and the repricing period is not less than one year. During the cycle, the mortgage interest rate remains unchanged. On the repricing date, the mortgage interest rate shall be calculated according to the latest LPR (once the repricing value is confirmed when the contract is signed, the subsequent loan term will remain unchanged). Of course, LPR will be re-priced on the 20th of each month.

For example, when a customer applies for a mortgage, the mortgage interest rate is formed according to the LPR interest rate at that time: 4.75% plus 60 basis points, that is, 4.75%+0.6% (one basis point is 0.0 1%)=5.35%, and the repricing period is set at one year. As soon as one year arrives, the mortgage interest rate is recalculated, and the latest LPR interest rate is 4.65%.

After the mortgage interest rate rises, the borrower should pay more (interest will increase); On the contrary, if the mortgage interest rate falls, the borrower will have to pay less.