Choose a fixed interest rate, and if LPR is expected to fall in the future, choose LPR floating. At the same time, many experts also pointed out that the future will enter a channel of interest rate decline, and choosing LPR floating is more conducive to reducing interest expenses and reducing the monthly supply burden. Here, it is necessary to clarify several important misunderstandings. First of all, the downward trend of interest rates does exist, but from the analysis of the above conversion purposes, we can also see that the mortgage interest rate will be distinguished from the benchmark interest rate. Therefore, the interest rate decline formed by encouraging the real economy to relax monetary policy is still different from the mortgage interest rate. From the perspective of housing, housing and speculation, although the mortgage interest rate may decline in the future, it is still very different from the overall interest rate decline. Real estate policy regulation will also be considered and will not blindly follow the overall interest rate decline.

First, why do you want to convert:

The anchoring standard of mortgage interest rate conversion is the need of interest rate marketization, and LPR is the means of marketization. Decoupling the mortgage interest rate from the benchmark interest rate will also create conditions for the benchmark interest rate to be lowered, and a firewall will be set up between housing and loose money that stimulates the real economy to reduce the possibility that a large amount of funds will flow to real estate again because of interest rate cuts.

Second, the conversion mode:

1. Fixed interest rate refers to the interest rate of existing loans fixed before conversion and will not change during the whole contract period.

2. Fluctuate according to LPR interest rate. In short, it is to refer to the benchmark interest rate and convert the previously floating or preferential interest rate.

In the form of extra points with reference to LPR interest rate. However, there is one difference, that is, the floating or preferential ratio based on the original benchmark interest rate is changed to a fixed point, that is, the difference between the existing interest rate of stock loans and LPR 4.8% in February 2009. It should be noted that whether this increase is positive or negative depends on whether the interest rate of existing loans is floating or preferential. For example, the original loan enjoys a 10% discount on the benchmark interest rate (down 10%). If you choose to convert the pricing benchmark of this mortgage to LPR, the benchmark interest rate of the five-year loan is 4.9%, and the actual interest rate before conversion is 4.9× (1-10%) = 4.41. 20 19 and 12 issued an LPR of more than 5 years, which was 4.8%. According to the above regulations, the addition and subtraction of this mortgage is -0.39%=4.4 1%-4.8%, which is minus 39 basis points. The same is true of floating.