If the bank does inform the borrower to adjust the housing loan interest rate, the adjusted loan interest rate will generally be implemented at the beginning of the second year of this year and cannot be implemented immediately.
If the borrower applies for the provident fund mortgage interest rate, then the annual 1 month 1 day is the adjustment time of the provident fund mortgage interest rate. If the interest rate of individual provident fund rises or falls over the previous year, the interest rate of housing loan will be adjusted accordingly, and the monthly payment will be calculated again according to the principal and interest. There is no need for the borrower to apply to the bank or personal provident fund management office, and the system software will automatically adjust.
The most important thing for banks to issue loans is the borrower's reputation and repayment ability. Therefore, borrowers must give their own financial certificates when applying for loans, so that banks can also increase the qualifications of users when reviewing loans. To a certain extent, banks will give borrowers preferential interest rates.
Can I change the fixed interest rate? According to China's requirements, the floating interest rate and fixed interest rate of lpr only change once, and will not change again after the change. If there is interest rate discount, lpr is fixed, and the fluctuation method of lpr can be considered when the original interest rate rises. After floating interest rate and fixed interest rate are selected, lpr cannot be changed.
Therefore, every property buyer should think carefully before choosing. For most users, the housing loan with floating interest rate is better than LPR, because the trend of LPR is long-term downward. Generally speaking, if there is interest rate discount, choose lpr installation method, and the original interest rate increase can choose lpr fluctuation method.