1. What's the mortgage interest rate?
1. At present, the benchmark interest rate implemented by the bank is: the loan interest rate for less than one year (including one year) is 4.35%; The interest rate for one year to five years (including five years) is 4.75%; More than five years is 4.90%.
2. At present, the benchmark interest rate of commercial loans with a loan term of more than 5 years is 4.90%. Due to the policy of restricting purchases and loans, local banks have different efforts to adjust the interest rate of the first home loan. According to the latest data from Bank Information Port, the average interest rate of the first suite in China is 5.38%, and the interest rate generally rises by 5%-20%. The interest rate of the second home loan generally rose 10%-30%. During the same period, the benchmark interest rate of provident fund loans was 3.25%, and the interest rate of second-home loans generally rose 10%.
3. The second suite is defined as the number of mortgage loans based on the borrower's family (including the borrower, spouse and minor children). Families who have used provident fund loans or commercial loans to buy houses and apply for mortgages again are regarded as second suites.
Second, the classification of loan interest rates
According to whether the interest rate level changes during the monetary fund lending relationship, the loan interest rate can be divided into fixed interest rate and floating interest rate. Floating interest rate refers to the interest rate that is adjusted accordingly with the change of price or other factors during the loan period. Lenders and borrowers can agree that the interest rate can be adjusted with the price or other market interest rates when signing the loan agreement. Floating interest rate can avoid some disadvantages of fixed interest rate, but the calculation basis is diverse and the procedures are complicated.
China's medium-and long-term savings deposit subsidy method is a form of floating interest rate system.
Mortgage interest rate
1. What's the mortgage interest rate?
With reference to the benchmark interest rate set by the central bank in that year, commercial banks floated in mortgage interest rates within a certain range. The specific floating ratio depends on which bank to apply for mortgage loan, loan purpose and loan term.
1. If it is used for business mortgage, the mortgage interest rate will generally rise by 20% on the basis of the central bank's benchmark interest rate.
The annual interest rate of loans for less than one year (including one year) is 5.22%; The annual interest rate of loans from one year to five years (including five years) is 5.7%; The annual interest rate of loans over five years is 5.88%.
2. If it is used for consumer mortgage loans, the mortgage interest rate will generally rise by 10% on the basis of the central bank's benchmark interest rate.
The annual interest rate of loans within one year (including one year) is 4.785%; The annual interest rate of loans from one year to five years (including five years) is 5.225%; The annual interest rate of loans for more than five years is 5.39%.
The mortgage interest rate of each bank will be slightly adjusted according to the bank loan business, loan amount and loan cycle. Please consult the loan bank for specific interest rates and loan contents.
Second, how to check your mortgage interest rate?
1. If the online banking function is enabled on the repayment card, you can log in to the loan bank official website and the loan management center can inquire.
2. Call the customer service phone of the loan bank directly to check the loan balance.
3. Go directly to the loan outlet for consultation.
4. If you have received the repayment schedule at that time, you can directly see the remaining principal and interest on the schedule.
5. If the loan is handled in China Merchants Bank, please log in to China Merchants Bank's mobile banking, click my card, my loan and personal loan query, select the loan to query, click the drop-down menu on the right, and then click loan query and loan details to query the current execution interest rate of the loan.
What's the mortgage interest rate?
Mortgage interest rate
The mortgage interest rate is 4.35% within one year, 4.75% for one to five years and 4.90% for more than five years.
Mortgage loan/securities loan
Mortgage loan is a kind of loan provided by the bank to ensure the safety of the loan and legally obtain the lien and pledge of the borrower's property through a certain contract.
The basic principle of mortgage interest rate
According to the traditional Keynesian economic thought, when considering the determinants of mortgage interest rate for single housing financing, market economy countries usually regard the loan interest rate as the capital price in the capital market, and think that the loan interest rate should mainly depend on the market supply and demand of mortgage funds. There are three types of participants in the mortgage fund market: mortgage institutions, borrowers and depositors. As a lender, mortgage lending institutions actually play the role of intermediaries in the process of loan issuance, that is, lending depositors' savings funds to borrowers in the form of mortgage credit, connecting depositors with borrowers.
Therefore, the borrower acts as the demand side of funds in the market, and the lender rather than the depositor acts as the supply side of funds in the market. The mortgage interest rate is determined according to the demand and supply of funds reflected by the borrower and the mortgage institution.