Among them, LPR is calculated by the quotation rate of quotation banks in the loan market. The specific reward value of each loan shall be negotiated and agreed by the lending bank with the borrower according to the requirements of national and local housing credit policies and the comprehensive loan risk status. Once the added value is determined, it will be fixed throughout the contract period.
For example, last month (August 20th), the five-year LPR was 4.85%. If the bank gives you a mortgage interest rate of 5.44%, it is 59 basis points higher than the benchmark of LPR, that is, 65,438+02%.
Extended data:
According to the new pricing method, there will be no discount on mortgage interest rate in the future. The New Deal stipulates that the interest rate of the first set of commercial personal housing loans shall not be lower than the quoted interest rate of the corresponding term loan market, and the interest rate of the second set of commercial personal housing loans shall not be lower than the quoted interest rate of the corresponding term loan market plus 60 basis points.
Generally, the interest rate of the first home loan is not lower than 10% of the benchmark interest rate, and the interest rate of the second home loan is not lower than 1. 1 times of the benchmark interest rate, so the calculated values are 4.4 1% and 5.39% respectively.
People's Daily Online-A full interpretation of the new policy of central bank mortgage interest rate: Will interest rise? Will it affect the house price?