First, personal behavior determines interest.
The so-called personal behavior refers to whether you have engaged in usury, overdue credit reporting, unpaid debts, and being dealt with by the court before buying a house. If you have these behaviors, your mortgage interest will naturally be high, and the bank will charge corresponding interest according to your loan amount and installment time. Personal behavior, leading to rising interest, mainly has the following five behaviors.
1, personal credit overdue. The more times your credit report is overdue, the higher your mortgage interest will be, and even your mortgage may not be approved.
2. Different loan methods. As we all know, the mortgage interest with valuable things is lower than that with nothing. If you borrow money to buy a house and have nothing to mortgage, your mortgage interest will naturally be high.
3. The nature of occupation is different. If you are an employee of a state-owned enterprise or institution, your mortgage interest will be lower than that of ordinary office workers, because your professional nature also determines your mortgage interest.
4. The repayment ability is different. For example, before buying a house with a loan, you had a lot of borrowing and spending behavior, and paid off all the money in a short time, so the bank thinks that your repayment ability is quite strong, and naturally the interest charged to you is very low.
5. Different lending institutions. As we all know, different lending institutions pay different interest rates. For example, if you have a mortgage of 6,543,800,000 yuan in ICBC and Huaxia Bank, then these two banks will appropriately reduce the interest for you according to your previous four behaviors, instead of the same interest as ordinary people.
Second, the nature of mortgage determines interest.
As we all know, there are two main ways to buy a house at present, provident fund loans and commercial loans. The interest rate of provident fund loans is lower than that of commercial loans, so the nature of mortgage loans is also an important reason for mortgage interest rates. For example, if you want to buy a commercial house, the total price of the house is 654.38+0.5 million, with a down payment of 30%, and you are going to ask ICBC for a loan of 654.38+0.0 million, which will be repaid in 360 installments. The interest rate given by the bank is 4.65%. You can choose average capital and equal principal and interest, so the total interest of your mortgage is 490,000 and 600,000 respectively. At this time, your identity is an office worker, the company you work for is not a state-owned enterprise, and you have no rights such as provident fund, so you can only choose commercial loans to buy a house with loans, and there is no other choice. This is why mortgage interest is high and people are scrambling to buy a house.
Third, the main reasons for the high mortgage interest
In addition to the nature of mortgage, there is a deeper reason for the high mortgage interest rate, that is, market demand. As we all know, marriage needs a house, and the current house price ranges from several hundred thousand to several million. If we ordinary people want to buy our own house, we can only find a bank loan to buy a house, because only the bank can provide us with loans, and you have no choice but the bank. Another reason is that interest determines the life and death of banks. Because banks have many outlets and employees all over the country, if banks cut interest rates, who will support them? Therefore, high mortgage interest is a common phenomenon, which is not something that banks can do. Therefore, it is normal for mortgage interest to be high, so we don't need to make a fuss. That's the reason.
Although mortgage interest is high, we ordinary people have no other choice. After all, marriage needs a house, and it is obviously impossible to buy it in full. Therefore, the higher your mortgage application amount and installment time, the higher your mortgage interest. This is the reason why mortgage interest is high.