1. The user applied for a second home loan. According to the regulations of the central bank, the interest rate of second-home commercial personal housing loan shall not be lower than LPR plus 60 basis points in the same period, and most commercial banks will add points on the basis of the lower limit of the central bank. Therefore, it is not uncommon for the interest rate of the second home loan to rise by 20%.
2. If the user's credit information is not good, the added value of mortgage will be higher than that of ordinary users.
In addition, the fluctuation range of mortgage interest rate is also related to factors such as cities and borrowing time. For example, in cities with high mortgage interest rates such as Chengdu, the first suite may reach more than 100BP if the bank loan amount is not enough.
What does it mean for the mortgage interest rate to rise?
The so-called floating mortgage interest rate is actually floating on the basis of the benchmark interest rate announced by the central bank. For example, at present, the benchmark mortgage interest rate is 4.9%, so if it rises by 10%, the mortgage interest rate will rise to 5.39%.
Mortgage interest rate rises10% = 4.9 %× (1+10%) = 5.39%.
Although the gap of 10% has a great influence on the cost of buying a house, let's take the mortgage of10 million yuan as an example (equal principal and interest repayment) for a simple comparison, and you will understand.
If you choose mortgage loan for 20 years, the mortgage interest rate will rise by 10%, the monthly payment will be 272.45 yuan more, and the total repayment amount will be 65,400 yuan more; If it rises by 20%, the monthly payment will be 5508 1 yuan, and the total repayment will be 132200 yuan.
If the mortgage lasts for 30 years, the mortgage interest rate will rise by 10%, and the monthly payment will be 30 1.8 yuan, and the total repayment amount will be108700 yuan; Up by 20%, the monthly payment is 6 1 1.3 yuan, and the total repayment amount is 220438+0,000 yuan.
Moreover, the insiders believe that according to the current form, it will be possible for the future mortgage interest rate to break 6 (that is, it will rise by about 30%), and then both the monthly payment and the total repayment amount may increase more.