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.