In fact, lending is to turn high-interest loans into low-interest loans, so as to achieve the purpose of lowering interest rates. For example, the bank mortgage interest rate is 5.4%, while the operating loan interest rate is 3.8%. If the mortgage loan is converted into an operating loan, the interest rate difference between the two loans will be 65,438+0.6%, which will definitely save a lot of interest.

However, when the mortgage is transferred to the loan, the risk should be considered, which does not mean that it can only reduce the interest:

1. First of all, the repayment period will be shortened after the mortgage is converted to mortgage. The longest loan term of mortgage loan is 30 years, while the longest loan term of other types (such as commercial loans) is 5 years. Even if the interest rate is low after lending, the loan term will be shortened and the monthly payment may be higher, which will increase the repayment pressure and overdue risk of borrowers.

Secondly, most loans are earmarked, which will involve the real use of funds. For example, if the loan is converted into an operating loan, the bank will provide relevant consumption vouchers to verify the use of the later funds. If the borrower does not really operate, there is a risk of illegal funds. Once the bank withdraws the funds in advance, it will be very troublesome for the borrower to be unable to repay them.