Loans can be divided into short-term loans and long-term loans, usually with 5 years as the boundary. For example, short-term loans with a loan term of less than 1 year, long-term loans with a loan term of more than 5 years, and the interest rate of long-term loans will be higher than that of short-term loans. The bigger factor is that the longer the loan term, the greater the risk.

2. The longer the occupation cost, the higher the interest rate.

The difference between one-year period and five-year period lies in the different quotation mechanism. 1 year lpr interest rate quotation is based on capital cost (including MLF cost), risk cost, occupation cost and operation cost. The price of 5-year lpr is 1 year lpr+ term premium.

LPR refers to the quoted interest rate in the loan market, which is divided into one-year period and five-year period. The interest rate of LPR is floating, which brings many possibilities for users to borrow money. At present, the personal housing loan interest rate has a direct corresponding benchmark of 1 year and more than 5 years. Individual housing loan interest rate benchmark 1 year and 1 year to 5 years can be independently selected by the lending bank between the two term varieties. After the reference benchmark is determined, the added value can be adjusted to reflect the term spread coefficient.

3. The higher the country's future GDP growth rate, the higher the interest rate.

First of all, mortgage loan is almost the biggest leverage with the lowest interest rate that ordinary people can borrow. More importantly, housing prices have been rising, and the increase in first-and second-tier housing prices is much higher than the mortgage interest rate. Ordinary people will not count these small money. But things are different now. Banks are facing a serious shortage of assets. I can get calls from three or four banks every day. The commercial loan interest rate is much lower than the mortgage interest rate, and now the house price can't go up. If the bank set the price completely according to the market, the mortgage interest rate will definitely not reach the current 4.45%.

If the GDP growth rate is expected to be only 3-4% in the future, why can LPR be as high as 4.45% in five years? The interest rates of one-year and five-year US government bonds are even upside down, with one-year bonds 20BP higher than five-year bonds. So the loan interest rate is also related to GDP.