User consultation:
Recently, Mr. Xu, a citizen who lives in Xinzhou District, called and said, "This year, the state announced a rate cut. My housing provident fund loan was approved before 20 15 10, and I officially started to repay the bank loan (with housing provident fund loan) on 20 15 10. Will the repayment amount be reduced after the interest rate cut? "
The lawyer replied:
The lawyer consulted the municipal housing provident fund management center and learned that according to the relevant regulations on repayment of individual housing provident fund loans, the loans that have been issued before the interest rate adjustment will not be adjusted this year, and the new interest rate will be implemented from the following year 1 month. Accordingly, the state lowered the interest rate of housing provident fund loans this year, and Mr. Xu still repaid the loans before this year according to the original repayment amount, but when repaying the loans after the interest rate cut, the new interest rate will be implemented, and Mr. Xu's repayment amount will be reduced.
The latest interest rate reduction policy of China's provident fund is: from 2065438+65438 in 2006+1 0/day, the new loan interest rate will be implemented for housing provident fund loans issued before 2065438+August 26, 2005. Among them, the interest rate of loans with a term of more than 5 years is adjusted to 3.25%, and the interest rate of loans with a term of less than 5 years (including 5 years) is adjusted to 2.75%. Housing provident fund loans issued after August 26, 2005 are still subject to the original interest rate.