How will the rising mortgage interest rate increase the cost of buying a house? The increase in loan interest rate will directly lead to the increase in the cost of buying a house. According to the loan of 2 million yuan, the interest rate of the first suite will rise by 20%, the loan period will be 20 years, and the repayment of principal and interest will be equal. The total repayment amount is about 34 1 000 yuan, and the monthly payment is about 1, 4 1, 90 yuan. Compared with the benchmark interest rate loan, the total cost of house purchase will increase by 270,000 yuan and the monthly payment will increase by about 1 100 yuan.
The main reasons for the increase in mortgage interest rate and the extension of loan term are as follows:
1. subjective requirements of banks for asset-liability management,
2. Objectively cooperate with the guidance of the regulatory authorities. At present, the main line of national macroeconomic regulation and control is deleveraging, and the central bank should control the gate of money supply and control the excessive growth of debt ratio in the residential sector. Banks with tight credit lines are more willing to invest credit resources in corporate loans with higher interest rates. This not only conforms to the national regulatory policy, supports the development of the real economy, but also improves the bank's income. In addition, the term of housing mortgage loan is longer, and the liquidity pressure on banks is greater than other loans.
The rising cost of mortgage interest rate can only be accepted by those who just need to buy a house.
What impact does the change of mortgage interest rate have on buyers? The increase in mortgage interest rate means that you have to pay more mortgage interest in the future. It is to increase the pressure on you to repay the loan! shqianyy
In many places, mortgage interest rates have risen. How much will the cost of buying a house increase? Hello: the cost of buying a house has increased compared with last year. Since 20 18 in 740 yuan, the interest rate of personal mortgage has risen in many places. In February, Guangzhou's four major state-owned banks, Gongnong Zhongjian, announced that the interest rate of the first home loan would rise by 10%, and the interest rate of the second home loan would rise by 15%. Not only in Guangzhou, but also from the customer service centers of the four major state-owned banks in Beijing, the interest rates of the first home loans of various banks generally rose by 5%- 10%. By the end of 1 year,1banks in Beijing, including the four major banks of workers, peasants and China Construction, still implemented a 5% increase in the benchmark interest rate of the first suite, and 10% increase in the benchmark interest rate of 13 banks.
The mortgage interest rate may continue to rise, what impact will it have on buyers? The impact of the increase in mortgage interest rate on buyers is as follows: 1. As long as the benchmark interest rate is not adjusted, the increase in mortgage interest rate has no effect on the loans already issued. 2. The loan interest is calculated according to the floating interest rate, and the interest is adjusted with the interest rate adjustment. Of course, no matter how it is calculated, it has no effect on the interest paid. Will have an impact on the adjusted interest. After the adjustment of the general bank interest rate, the interest rate of the outstanding part of the loan is also adjusted. There are three forms: first, after the bank's interest rate is adjusted, the newly adjusted interest rate will be implemented at the beginning of the following year (ICBC, Agricultural Bank of China and China Construction Bank are all like this); The second is annual adjustment, that is, the new interest rate is adjusted and implemented every year of repayment (such is the case with China bank mortgage); Third, the two sides agreed that the new interest rate level will generally be implemented in the month after the bank's interest rate adjustment. The adjustment of the interest rate of provident fund loans is carried out every year 1 month 1 day. Source Zhuhai lawyer: china.findlaw Zhuhai
If you want to calculate the loan interest, you can try to calculate it through our loan calculator and log in to cmbchina, China Merchants Bank and official website. You can find the "financial calculator"-"personal loan calculator" in the lower right corner. (You can view information such as monthly payment, monthly payment principal, monthly payment interest, principal balance, total interest and total repayment).
Suddenly, the mortgage interest rate has risen again, and how many just-needed buyers have no demand is a concept created by real estate developers. Buying is not as good as renting, and the floating is limited, which has little effect on the monthly supply of thousands. Only property buyers who neglect their own abilities, such as those with millions of loans and tens of thousands of monthly payments, will feel very different.
Who will be affected by the rise in mortgage interest rates? The mortgage interest rate of just-needed buyers is raised. Just need customers to buy a house in desperation, and the burden is aggravated. Of course, they are complaining. Speculators don't have to buy a house, but they just need customers to buy a house.
If the interest rate of the first home loan in Beijing is raised, you can log in to the Agricultural Bank of China official website and click on the loan in "Personal Service". After clicking, there is a loan calculator on the left, which can be used for trial calculation. Website (:abchina. //personal service/calculator/dkjsq/20151/t 20151126 _ 807899.htm).
What is the reason behind the rise in the interest rate of the first home loan? What should the buyer do? The increase in mortgage interest rate has little effect on buyers. If you can afford a house worth millions of dollars, it is Mao Mao's providence to pay more interest. Definitely not worth mentioning. If you can't afford a house, you can't afford it even if the loan doesn't charge interest. I can only look at the building and sigh. Thanks for reading!
The bank's determination, mortgage interest rates continue to rise, what should buyers do? Faced with the continuous tightening of the real estate market, many banks are quietly raising mortgage interest rates. In the past two days, major media have reported that the interest rates of the first and second home loans of banks have risen by a large margin, and the loan amount is tight and the approval time is long, which makes many families in need who are eager to buy a house feel anxious and uncomfortable. Of course, the floating interest rate of the first home loan is not a new regulatory measure implemented by banks at present. This method was also used when the mortgage was excessively inflated in the past. However, when the implementation time was short and the real estate situation eased slightly, the bank took the initiative to pull down the leverage of the floating interest rate of mortgage loans and reduce the interest rate to a preferential level. Mortgage interest rates are rising. What about those who just need to buy a house? I read a news headline that raising mortgage interest rates would hit speculators. I find it strange that the first home loan has nothing to do with speculators. Why does the increase in mortgage interest rate cause speculators' expectations? First of all, we have seen that real estate has been regulated in recent years, but the principle of regulation has always been that the first home buyers "wait for the house and don't speculate". It is clear that it must be people who have never bought a house. These people are definitely not real estate speculators. Why should we crack down on these people who just need to buy a house? From the perspective of property market regulation, banks just need to raise interest rates, which is robbery. The regulatory policy is to curb investment and speculation, but now banks are obviously curbing just-needed. Viewpoint: The first batch of buyers must just need customers. Banks should not impose punitive interest rate hikes on just-needed property buyers. Moreover, banks, especially state-owned banks, can no longer make rules and make money everywhere. It should be basic to keep the benchmark interest rate unchanged. At present, the best way to solve the mortgage contradiction should be another way, that is, banks and just-needed buyers should take a step back. In popular terms, it is to "take a step back and broaden the horizon", and there is no need for everyone to crowd on that "single-plank bridge". In the case of an overall increase in bank mortgage interest rates, give appropriate subsidies to those who just need to buy a house for financial difficulties or excessive interest, so as to reduce the pressure on those who just need to buy a house ~
Second, Hefei first home loan interest rate 2023 latest interest rate?
The interest rate of the first home loan in 2023 is 4. 1%-4.3%.
PBOC stipulates that the interest rate of the first individual housing loan shall not be lower than the LPR in the same period, and the interest rate of the second individual housing loan shall not be lower than the LPR plus 60 basis points in the same period. In 2023, the lowest interest rate of the first home loan is 4. 1%-4.3%, and the interest rate of the second home loan is about 4.8%-5%.
The mortgage interest rate is not fixed, mainly based on the latest IPR in the market. On the basis of the latest LPR, increase or decrease the mortgage basis point. The mortgage LPR is floating, but the added basis point cannot be changed after it is determined. The added basis point is still reduced by a few points, depending on whether you buy the first suite or the second suite with the loan.
Third, what is the impact of the increase in the interest rate of the first home loan on buyers?
When can the house price come down?
4. What is the impact of the increase in the interest rate of the first home loan on buyers?
The increase in the interest rate of the first suite will have adverse effects on those who just need to buy a house, such as rising costs.
Reason:
Mainly because the cost of property buyers is extremely high, and the monthly supply has not changed much. The rise in interest rates and the increase in down payment will undeniably have a similar impact on those who just need to change the pressure.
Will correspondingly reduce the intensity of the real estate market, but also a means of government real estate regulation. At present, the growth rate of the first set of interest rates tends to decline, which indicates that the mortgage interest rate will also tend to a reasonable range within the rising speed.
The first home loan refers to the loan issued by the bank to the borrower to purchase the first self-occupied ordinary house. The borrower must provide a guarantee when applying for a personal housing loan. 20111In February, the interest rate of the first home loan of some banks in Guangzhou, Beijing and Tianjin returned to the benchmark, and the second home loan showed no signs of relaxation. Wang said that the return of the benchmark interest rate is not a policy relaxation.
According to the New Deal, commercial banks will suspend the issuance of housing loans for households to buy third and above houses. Non-local residents who cannot provide local tax payment certificates or social insurance payment certificates for more than 1 year will be suspended from issuing house purchase loans.
If the loan is used to purchase commercial housing, the down payment ratio will be adjusted to 30% or more; For families who borrow money to buy a second home, the down payment ratio shall be strictly not less than 50%, and the loan interest rate shall be not less than 1. 1 times of the benchmark interest rate.
The pressure on first-time buyers has greatly increased:
Compared with the property market regulation policies released one after another, the latest content of this mortgage is "loan to buy commercial housing, and the down payment ratio is adjusted to 30% or above", which means that even first-time buyers will face families who purchase apartments with a building area of less than 90_ for the first time, and they can still give a down payment of at least 30%.
On the evening of September 29th, 2065438+00, Bank of China just released it and has not received the notice from the regulatory authorities or the head office. The person in charge of the mortgage department of a joint-stock bank said that from the new policy released this time, it has a great impact on first-time buyers.
"For example, the total price of a house is 654.38+00,000, and the down payment of 20% is only 200,000, and 30% will soon increase by 654.38+00,000, which is very stressful for first-time buyers, especially young buyers with rigid needs.
However, some bankers believe that this will have a certain impact on people who apply for mortgages for the first time in several banks at the same time and are difficult to find in the credit information system.
Reference link: Baidu Encyclopedia: First home loan