The Notice on Converting Floating Loans into Shares is formulated according to the specific contents of the Notice of the State on Converting Floating Loans into Shares.
As shown above, this is the details of the state's conversion of floating interest rate loans, with the following points:
Time: March1~ August 3 1
Conversion methods: fixed interest rate and LPR interest rate.
Number of conversions: only one conversion is allowed.
Which situation doesn't need to be converted: floating loans with existing stocks in the last pricing cycle?
Adjustment cycle of floating interest rate: once a year.
The above five points are about the conversion of floating loan interest rate by the state.
Is the interest rate of 5.34% stock loan high? The original loan interest rate is mainly based on the benchmark loan interest rate, which is 4.90%. When adjusting the mortgage interest rate, it can be discounted or floated on the basis of the benchmark loan interest rate.
The loan interest rates are 9.5%, 9%, 8.5% and 20%, which are 4.7025%, 4.4 1%, 4. 165% and 3.92% respectively.
The floating loan interest rate is divided into 10%, 20%, 30%, etc. That is, 5.39%, 5.88% and 6.37% relative to the actual loan interest rate.
The stock loan interest rate is 5.34%, which is medium, higher than the original discount interest rate and lower than the floating loan interest rate. Generally speaking, the interest rate is high.
Is it necessary to convert LPR when the existing loan interest rate is 5.34%? According to the policy demand, the interest rate of stock loans must be converted, which is both a policy demand and a policy orientation.
The policy direction is correct. There are two options for stock loan conversion, fixed interest rate and LPR interest rate.
If you choose to switch to a fixed interest rate, no matter how the LPR interest rate fluctuates in the future, the future mortgage interest rate will remain unchanged at 5.34%.
If you choose to convert the LPR interest rate, it is a floating interest rate, which is adjusted once a year. When the LPR interest rate rises and then rises, the LPR interest rate will fall, which is also rising and then falling.
According to the loan interest rate of other developed countries, the overall trend of LPR interest rate will decline in the future, so the current stock loan interest rate of 5.34% is very necessary.
What is the interest rate for converting stock loans from 5.34% to LPR?
According to the Notice on Conversion of Loan Floating Interest Rate, the existing loan interest rate is converted above the original benchmark loan interest rate, and the original loan interest rate remains unchanged.
Therefore, the stock loan interest rate is 5.34%, which is still 5.34% after being converted into LPR interest rate, and the pricing calculation is LPR+54 basis points. Since the LPR interest rate of 20 19 and 12 is 4.80%, it is based on the LPR interest rate of 12 in the past year.
After being converted into LPR interest rate, the price will fluctuate with the change of LPR interest rate in the second year, and the price will be adjusted once a year.
Based on the above analysis, the above are the relevant details of the Notice of the State on Interest Rate Conversion of Floating Loans. I suggest you cooperate with the policy, which is getting better and better. I believe this policy is for the benefit of the people.