1. What is the latest policy of mortgage interest rate?
1, bank mortgage interest rate rises.
First suite: floating interest rate 10%- 15%, and the average interest rate of the first suite this year is 5.66%;
Second suite: the floating range is 20%-30%.
Interest rates of many banks in many areas have been lowered.
Ningbo: ICBC and China Construction Bank lowered the interest rate of the first home mortgage to 5%;
Guangzhou: The interest rate of ICBC's first home mortgage is lowered to 5%.
Second, how to calculate the mortgage interest?
1, interest rate conversion algorithm
Daily interest rate (0/000)= annual interest rate (%)÷360= monthly interest rate (‰) ÷ 30;
Monthly interest rate (‰) = annual interest rate (%)÷ 12.
2. Product interest method and personal interest method.
Product interest method: cumulative interest product (total daily balance) × daily interest rate;
Individual interest calculation method: principal × interest rate × loan term.
3. Compound interest: Interest will be charged at a certain rate.
4. Penalty interest: the penalty interest for non-compliance.
5. loans overdue liquidated damages: the punishment measures for the defaulting party.
3. What are the specific formulas for calculating interest one by one?
1, and the interest period is the whole year (month)
Interest = principal × annual (monthly )× annual (monthly) interest rate.
2. The interest period includes a whole year (month) and a fraction of a day.
Interest = principal × year (month )× year (month) interest rate+principal × odd days × daily interest rate.
3. Every month is the actual number of days in the Gregorian calendar of that month.
Interest = principal × actual days × daily interest rate.
Four, under what circumstances do not need to repay in advance?
1. Select average capital repayment method;
2. Buyers who have reached the intermediate stage with equal repayment of principal and interest;
3. Citizens who are ready to borrow from banks in the later stage.
Bian Xiao concluded: What is the latest policy of mortgage interest rate, how to calculate mortgage interest rate, what is the specific formula of lump sum interest rate, and under what circumstances it is not necessary to repay in advance? Bian Xiao briefly introduces the relevant knowledge here, hoping to help everyone. For more information, please keep an eye on Qijia. com。