It is already a very high loan interest rate, which may be the highest first home loan interest rate in China. In cities and banks all over the country, the interest rate of the first home loan is lower than 6%, and most banks or regions raise the benchmark interest rate of LPR by 60-90%, that is, the benchmark rises 10%-20%.
That is, the interest rate of the first home loan is between 5.45% and 5.78%, which is a reasonable interest rate. The loan interest rate of 6.2% is very high and will soon exceed the highest first home loan interest rate in China. Of course, if you feel that the high interest rate of the first home loan is not within your ideal range, you can also consult several banks for comparison, or make a provident fund loan, so the annualized interest rate is relatively low.
Interest rate fluctuation:
Maximum 50%, annual interest rate 10.575%.
The city inventory of floating first home loan interest rate shows that the increase of first home loan interest rate in different cities is quite different. At present, most banks in Beijing, Shanghai, Guangzhou, Shenzhen and Hangzhou generally rise by 5%-10%; 5%-20% in Chengdu and Jinan; Changsha and Wuhan are higher, ranging from 10% to 30%.
It has set a record for all cities in Changchun, with some joint-stock banks rising by up to 50% and interest rates as high as 10.575%. In Jinan, Bank of China, Agricultural Bank of China, Bank of Communications and most joint-stock banks have raised their benchmark interest rates by 5%-20%. In Shanghai, China Bank still implements the benchmark interest rate, but the interest rates of the first home loans of many commercial banks have risen to varying degrees.
For the above reference: Baidu Encyclopedia-First Suite