According to the documents issued by the central bank, the benchmark interest rate for 20 16 years loans is: 4.35% for short-term loans within one year (including one year); The medium and long-term loans for one year to five years (including five years) are 4.75%; Long-term loans of more than five years are 4.90%. The interest rate of individual housing provident fund loans is 2.75% for less than five years (including five years) and 3.25% for more than five years.
The benchmark deposit and loan interest rate is the loan guidance interest rate issued by the central bank to commercial banks, and it is one of the monetary policies used by the central bank to regulate the operation of social economy and financial system. Commercial banks will formulate a portfolio of deposit interest rates based on this benchmark interest rate. Raising the benchmark interest rate means shrinking credit, reducing social mobility, raising the cost of credit and slowing down economic development. Loan interest refers to the reward that the lender gets from the borrower for issuing monetary funds, and it is also the price that the borrower must pay for using the funds. Bank loan interest rate refers to the ratio of interest amount to principal amount during the loan period. The interest rate of loan contracts with banks and other financial institutions as lenders can only be determined through consultation within the upper and lower interest rate limits stipulated by the People's Bank of China. If the loan interest rate is high, the repayment amount of the borrower will increase after the loan term, otherwise it will decrease. There are three factors that determine loan interest: loan amount, loan term and loan interest rate.
What is the interest rate of 20 16 personal first-hand housing loan?
20 16 personal first-hand housing loan interest rate is:
1.5-30 years, the annual interest rate of commercial mortgage is 30%, and 4. 16%.
The benchmark interest rate of commercial mortgage for 2.5-30 years is 5.94%.
3. 1-5 years (including 5 years) commercial mortgage interest rate is 30%, 4.03%.
4. The benchmark interest rate of commercial mortgage for1-5 years (including 5 years) is 5.76%.
5. Provident fund loans for more than 5 years, 3.87%.
6. Provident fund loan 1-5 years (including 5 years) 3.33%.
What is the interest rate of 20 16 housing loan?
Please log on to the official website of Bank of China (), click Financial Data-Deposit/Loan Interest Rate on the right side of the homepage, and select historical data of loan interest rate by currency for query.
The above contents are for your reference. Please refer to the actual business regulations.
20 16 China people's bank loan interest rate for the same period.
1, 20 16 commercial loan interest rate of China People's Bank.
(1) loan term: within half a year (including half a year), and the annual interest rate of the project (%): 4.35.
(2) Loan term: six months to one year (including one year), and the annual interest rate of the project (%): 4.35.
(3) Loan term: one to three years (including three years), and the annual interest rate of the project (%): 4.75.
(4) Loan term: three to five years (including five years), and the annual interest rate of the project (%): 4.75.
(5) Loan term: more than five years, and the annual interest rate of the project (%): 4.90.
2, 20 16 personal housing provident fund loan interest rate
(1) loan term: less than five years (including five years), and the annual interest rate of the project (%): 2.75.
(2) Loan term: more than five years, and project annual interest rate (%): 3.25.
Extended data:
The adjustment of interest rate floating range is an important link in the reform of interest rate marketization. The central bank has been cautious in implementing this measure. For many years, the deposit interest rate has been kept from floating up or down temporarily, and the loan interest rate can be lowered from 10% to 70% on the basis of the benchmark interest rate.
However, this policy began to change on June 8, 20 12. The People's Bank of China allowed commercial banks to raise the deposit interest rate to 10% of the benchmark interest rate, and the pace of interest rate marketization began to take off gradually.
Previous adjustment
1. The People's Bank of China has decided that as of June 8, 20 12:
(1) Adjust the upper limit of the floating range of deposit interest rate of financial institutions to 1. 1 multiple of the benchmark interest rate;
(2) Adjust the lower limit of the floating range of the loan interest rate of financial institutions to 0.8 times of the benchmark interest rate.
2. The People's Bank of China decided to adjust the lower limit of the floating range of the loan interest rate of financial institutions to 0.7 times of the benchmark interest rate from July 6, 20 12. The floating range of individual housing loan interest rate will not be adjusted, and financial institutions should continue to strictly implement differentiated housing credit policies and continue to curb speculative investment in housing.