The mortgage interest rate is different from the ordinary loan interest rate. The mortgage interest rate is in the form of LPR+ basis point. When LPR is adjusted, the mortgage interest rate of users who choose floating interest rate will be adjusted accordingly. The loan interest rate generally refers to the benchmark loan interest rate, and the loan interest rate remains unchanged during the loan period. Therefore, compared with the ordinary loan interest rate, the mortgage interest rate is actually low.

As for the ordinary loan interest rate, if users apply for credit loans, the loan interest rate will be much higher than the unsecured mortgage interest rate.

Do you need to sign a new contract to adjust the mortgage interest rate?

If users choose the LPR plus or minus interest rate as the mortgage contract interest rate, then they need to re-sign. The mortgage contract is signed with a fixed interest rate, and users still want to use a fixed interest rate. There is no need to re-sign the contract at this time, which is equivalent to the user automatically giving up the choice of LPR. After the loan contract is re-signed, the monthly payment will change.

Re-signing the contract also gives users the opportunity to choose fixed interest rate or LPR.

Will there be a discount after the mortgage interest rate discount is changed to LPR?

If the mortgage interest rate is discounted, if the pricing method is converted to LPR plus points, then when converting, it can be regarded as a discount by calculating the appreciation with reference to the discounted interest rate, but the LPR interest rate will not be discounted.

For example, if someone takes out a mortgage, the interest rate will enjoy a 10% discount, that is, 4.90%×90%=4.4 1%. Now, if the interest rate pricing benchmark is converted into LPR, and the price quoted by LPR on February 20th at 65438+5 is 4.80%, then the added value can be calculated as 4.4 1.

However, after the added value is determined, it will remain fixed during the subsequent loan period, so when the loan interest rate is re-priced, the interest rate will be recalculated according to the LPR of the corresponding period in the latest month plus _0.39%.