1, introduction of loan interest rate algorithm
The loan interest rate directly determines the profit distribution ratio between banks and borrowers, thus affecting the economic interests of both borrowers and borrowers. The loan interest rate varies with the type and duration of the loan, which is closely related to the scarcity of borrowing funds.
The loan interest rate within one year (including one year) is 5.60%; The interest rate for one year to five years (including five years) is 6.00%; More than five years is 6. 15%. The interest rate of housing provident fund loans is 3.75% for less than five years (including five years) and 4.25% for more than five years. Without the intervention of the central bank, the bank loan interest rate of 20 15 should be based on this provision. 1, 20 15, 5.9% in loan prime rate, a commercial house buyer in five years (the fluctuation degree of loan interest rate varies from bank to individual, subject to the contract). ?
The People's Bank of China has made it clear that the benchmark interest rates for RMB loans and deposits will be lowered from March 20 15/day. The benchmark interest rate for one-year loans of financial institutions was lowered by 0.25 percentage points to 5.35%; The benchmark interest rate for one-year deposits was lowered by 0.25 percentage points to 2.5%. At the same time, combined with the interest rate marketization reform, the upper limit of the floating range of deposit interest rates of financial institutions was adjusted from 1.2 times to 1.3 times the benchmark interest rate for deposits. The benchmark deposit and loan interest rates of other grades and the deposit and loan interest rates of individual housing provident fund are adjusted accordingly.
The interest rate of bank housing loan is managed by the People's Bank of China, which refers to the ratio of interest to principal during the loan period. The interest rate in China is approved by the State Council and implemented by the People's Bank of China.
2. Interest rate of provident fund loans
According to the Notice on Raising the Benchmark Interest Rate of RMB Deposits and Loans issued by the People's Bank of China (Yinfa [201]169), the relevant matters concerning the adjustment of the deposit and loan interest rate of housing provident fund are hereby notified as follows:
(1)20 1 1 From July 7, 2007, the deposit interest rate of individual housing provident fund carried over from the previous year was raised by 0.25 percentage points, from 2.85% to 3.10%; In that year, the deposit interest rate of individual housing provident fund remained unchanged.
(2) From July 7, 2065438+01,the interest rate of individual housing provident fund loans will be raised. The interest rate of individual housing provident fund loans for more than five years was raised by 0.20 percentage points, from 4.70% to 4.90%; The interest rate of individual housing provident fund loans for five years or less was raised by 0.25 percentage points, from 4.20% to 4.45%.
(3) From July 7, 2011,the loan interest rate of the pilot cities will increase by 10% according to the loan interest rate of individual housing provident fund for more than five years.
(The above answers were published on 20 16-07-05. Please refer to the actual situation for the current purchase policy. )
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