Calculation method of housing loan interest rate I. Basic formula for calculating interest The basic formula for savings deposit interest rate is: interest = principal × deposit term × interest rate II. Conversion of interest rate The conversion relationship among annual interest rate, monthly interest rate and daily interest rate is: annual interest rate = monthly interest rate × 12 (month) = daily interest rate ×360 (day); Monthly interest rate = annual interest rate ÷ 12 (month) = daily interest rate ×30 (days); Daily interest rate = annual interest rate ÷360 (days) = monthly interest rate ÷30 (days). Pay attention to the consistency with the deposit period when using interest rates. 3. Interest starting point 1. The starting point of interest for savings deposits is RMB, and no interest is paid for cents below RMB. 2. The interest amount shall be calculated to one decimal place and rounded to one decimal place when actually paid. 3. Except that the current savings are settled on an annual basis and the interest can be converted into principal, regardless of the deposit period, the interest of other savings deposits will be paid off with the principal at the time of withdrawal, excluding compound interest. Iv. Calculation of deposit period 1, and the calculation of deposit period adopts the method of counting the first number and the last number. 2, regardless of the big month, small month, flat month, leap month, every month is calculated as 30 days, and the whole year is calculated as 360 days. 3. The maturity date of all kinds of deposits shall be calculated on an annual and monthly basis. If the account opening date is the missing date of the expiration month, the expiration date should be the last day of the expiration month. V. Calculation of Interest on Foreign Currency Savings Deposits The interest rate of foreign currency savings deposits shall be implemented according to the interest rate announced by the People's Bank of China, and the deposits shall be made in the original currency, with interest bearing in the original currency (the secondary currency can be converted into RMB according to the foreign exchange quotation of the day for payment). Its interest provisions and calculation methods are compared with RMB savings method.
Second, can the fixed interest rate of Shanghai Pudong Development Bank mortgage be lowered?
Whether the user purchases the property by loan or not, and whether the subsequent mortgage interest rate will drop depends on whether the LPR will drop one month before the mortgage interest rate adjustment date. For example, if the annual mortgage interest rate adjustment date is 65438+ 10 month 1, then the LPR of the previous year is lowered, then the mortgage interest rate will be lowered from 65438+ 10 month/,and the system will calculate the monthly repayment amount according to the lowered interest rate.
When users apply for mortgage, the floating interest rate of LPR is implemented by default, so as long as LPR is lowered, the mortgage interest rate of users will be lowered. Of course, whether it can actually be lowered depends on the specific situation. The floating interest rate of LPR means that the future mortgage interest rate may be lowered, but there is also the risk of upward adjustment. As long as the downward adjustment conditions are met, the system will automatically lower the mortgage interest rate.
The mortgage interest rate is lowered automatically by the banking system, and users do not need to take the initiative to apply. As for lowering the interest rate, the monthly repayment will also be reduced.
3. Is there any discount on the housing loan interest rate of Taiyuan Branch of Shanghai Pudong Development Bank Co., Ltd.?
The following are the interest rates from PUFA website: three to five years (including five years) provident fund loan 3.33 more than five years 3.87 less than six months (including six months) housing loan 4.86 six months to one year (including one year) 5.3 1 one year to three years (including three years) 5.40 three to five years (including five years) 5.76 more than five years. 5.3 1 one to three years (including three years) 5.40 consumer loans within three to five years (including five years) 5.76 six months (including six months) 4.86 six months to one year (including one year) 5.3 1 one to three years (including three years) 5.40 three to five years (including five years) 5.3 1 operating loan within half a year (including half a year) 4.86 half a year to one year (including one year) 5.3 1 one year to three years (including three years) 5.40 first suite, you can get a 30% discount on the base interest rate.
Four, Zhejiang Haining Rural Commercial Bank Co., Ltd. mortgage interest rate
For reference:
Take China People's Bank as an example: short-term loans: 35%. Medium-and long-term loans: the annual interest rate for one year to five years (including five years) is 4.75%, and the annual interest rate for more than five years is 4.9%. Provident fund loan: the annual interest rate is 2.75% for less than five years (including five years) and 3.25% for less than five years.