There is only one possibility to increase, that is, if you fail to repay the loan on time or pay less, the bank will impose a penalty interest, otherwise it will not increase.
In addition, after adjusting the interest rate, the central bank recalculates the monthly payment according to the remaining mortgage principal, loan term and current interest rate, and the interest rate discount or floating ratio remains unchanged when lending. The specific interest rate adjustment time is not based on the benchmark interest rate adjustment time of the People's Bank of China, but based on the specific agreement in the loan contract of the loan bank, and is automatically updated according to the time agreed in the contract.
How did the monthly mortgage payment increase in 2022?
The increase in monthly mortgage payment may be due to the increase in mortgage repayment interest rate. At present, the mortgage adopts floating interest rate, and the general bank mortgage interest rate will be adjusted with the adjustment of the benchmark interest rate, so the borrower's monthly repayment amount will also be affected.
Why did the loan interest rate drop and the repayment increase?
The loan interest rate dropped and the repayment increased. This usually happens on the repricing day, which is 365,438+0 days in this month, compared with 30 days in the previous month, and the repricing day is the end of the month. The number of days actually affected by the interest rate drop in the month is too few, so the interest rate drop can't make up for the interest of 365,438+0 days. Because the repricing date exists according to the corresponding date of loan issuance, and the corresponding date of loan issuance may be 1-3 1 every month, which is not fixed.
In this case, once the LPR interest rate changes, the interest will be calculated in installments in the month of the repricing date. The first half of the current monthly payment refers to the old interest rate, and the second half refers to the new interest rate.
For example, the repricing date is 20th. According to the old loan interest rate before 20th, and according to the new loan interest rate after 20th. Usually the loan interest rate we refer to is the annual interest rate. According to international practice, the annual interest rate is 360 days, that is, 30 days per month, but in practice, the interest is calculated according to the actual number of days in the month.
If last month was 30 days, and the month of repricing date was 3 1 day, there may be that the interest rate decrease caused by interest rate decrease is not equal to the interest of 3 1 day, resulting in an increase in monthly supply.
For example, Xiao Wang's loan principal is 6,543,800 yuan, and the corresponding date of the loan is July 27, which is the repricing date. The loan interest rate is 5% before July 27th, 4.95% after July 27th, and the monthly repayment date is 654.38+0.
Because the interest is calculated by stages, the interest from July/kloc-0 to July 27th is 1 000000× (5%/360× 27) = 3750.00 yuan, and the interest from July 28th to July 3rd100000.
Monthly payment in June1000000× (5%/360× 30) = 4166.67 yuan. In this way, the interest rate on the repricing day fell in July, but the monthly supply in that month was more than that in June.
The mortgage has been repaid for 3 or 4 years, and this month it suddenly increased by 5 yuan and 2 cents. What happened?
This may be because your bank automatically increases the monthly loan payment on a regular basis, or you apply for increasing the monthly loan payment for personal reasons. If you don't do the relevant operations, you can contact your credit management agency for timely consultation.