Anyone who has studied the loan interest rate knows that the bank loan interest rate is implemented according to the central bank's LPR interest rate. When the LPR interest rate falls, the bank's loan interest rate will also fall, and vice versa. Many borrowers ask why the monthly supply does not drop when the central bank cuts interest rates. These are the basic reasons!

Why didn't the central bank cut interest rates?

The loan interest rate has decreased, but the monthly mortgage payment has not decreased. This is because LPR has been lowered, and the mortgage interest rate of users will not be adjusted until next year, and the mortgage interest rate of that year will not change. Or the user's mortgage interest rate is a fixed interest rate model, then no matter how LPR is adjusted, the user's mortgage interest rate will not change. Therefore, if the loan interest rate is lowered, the mortgage interest rate will not change immediately.

And the user's mortgage interest rate is generally fixed interest rate mode and floating interest rate mode, and the user's loan contract is signed at a fixed interest rate. No matter how LPR is reduced, the loan interest rate will not change. After the LPR is lowered, the monthly payment will not change immediately. After the new interest rate takes effect, the monthly payment will change until the interest rate change date agreed in the loan contract.

Therefore, after the loan interest rate is lowered, the monthly payment will remain unchanged according to the actual situation. Not all loan interest rates are reduced, and the subsequent loan interest will definitely be reduced.

The interest of each mortgage loan is calculated by the whole period (30 days), and when the loan interest rate pricing changes, it is calculated by the time interval, that is, "old method, new method".

If the pricing change date is 65438+ 10/0/,it will be calculated according to the old interest rate in February last year and the LPR after 65438+1 0/in June. Since there is 3 1 day in 65438+February * *, the extra interest of 65438+February 1 day may be more than the amount saved by the new interest rate later.

The above is the related content sharing of "Why does the central bank cut interest rates and the monthly supply does not drop?" I hope it will help everyone!

The interest rate has dropped, why hasn't my home loan repayment decreased?

1. Differences in adjustment of bank mortgage system. In order to facilitate customers' repayment, the bank will keep the monthly payment 1 of the following year consistent with the monthly payment 12 of the previous year.

Take Mr. Wang, a bank customer, as an example. In July of 20 1 1 year and in June of 201year, the interest rate was cut twice, but his monthly payment was still the previous 20 164 1 yuan 201year. It's just that the "meaning" represented by the figures for the same month is different. Monthly payment 1 more principal and less interest.

2. On New Year's Eve, "interest will be calculated by stages", and the monthly supply will increase instead of decrease. A bank customer adopts the repayment method of equal principal, and the repayment date is the 6th of each month. The monthly payment of 1 is calculated as follows: 65438+original interest rate from February 6th, 65438+new interest rate from February 3rd1October1~ 5th, * * 3/kloc-0.

In the past, the monthly payment was directly calculated according to the monthly interest rate (30 days), resulting in "more" interest in June next year than in February this year 1 day. If the extra day pays more interest than the five days from June 5438+0 to June 5, there will be a very special situation that the monthly supply will increase instead of decrease in June 5438+0 next year.

3, the old "house slave" interest rate adjustment time is different. In addition to the principle of "65438+ the following year 10 month 1", some banks also stipulated in their mortgage contracts that they would make adjustments within one year (or within half a year), the next month and the quarter.

For example, if the loan you took in June this year adopts the principle of "year by year, month by month and day by day", the new interest rate will wait until June 2065438+2005.

Extended data

Due to the differences in the adjustment methods of the bank mortgage system and the special mortgage repayment in June of next year (5438+ 10), interest will be calculated by installments for the cross-month mortgage repayment. Therefore, despite the interest rate cut, the monthly mortgage payment of 5438+ 10 in June next year may have a special situation of "not falling but rising".

For the comparison of loans obtained by two customers in the same situation before and after the interest rate cut, for those old "mortgage slaves" who have already applied for mortgages before the interest rate cut and have not settled their loans at present, their monthly mortgage payment after the interest rate cut must be calculated by a professional mortgage calculator, and the part that has already repaid the principal before is deducted.

At present, most banks implement the principle of "65438+ 1 next year adjustment" for old mortgage customers. When the benchmark interest rate of the central bank changes, the latest interest rate shall be implemented according to "65438+ 1 in the following year".

After the central bank cut interest rates, the mortgage market in second-and third-tier cities was loosened collectively, mainly because the mortgage interest rate was at a high level before.

The mortgage interest rate has dropped. Why is my mortgage not less?

The mortgage interest rate has decreased, but my mortgage has not decreased, probably because I chose a fixed interest rate when applying for a mortgage. After choosing a fixed-rate mortgage, no matter how the mortgage interest rate is adjusted in the future, the mortgage of the fixed-rate user will not change, and it will always be implemented according to the interest rate stipulated in the original contract interest rate. Therefore, the repayment amount will only change if the implemented interest rate changes.

On the other hand, users apply for provident fund loans, but the lowered mortgage interest rate is lpr, which only affects commercial mortgages based on lpr, and the benchmark interest rate of central bank loans implemented by provident fund will naturally not be affected. Only when the central bank subsequently adjusts the benchmark loan interest rate will the new mortgage interest rate be implemented for provident fund loans from June 65438+ 10 1 of the following year, and the repayment amount of provident fund loan users will change.

Housing loan, also known as housing mortgage loan, is an application form for housing mortgage loan, ID card, income certificate, housing sales contract, guarantee and other legal documents filled out by the buyer to the loan bank. , must be submitted. After passing the examination, the loan bank promises the loan to the buyer, and handles the real estate mortgage registration and notarization according to the house sales contract provided by the buyer and the mortgage loan contract concluded between the bank and the buyer. The bank directly transfers the loan funds to the sales unit within the time limit stipulated in the contract.

Average capital

It is to divide the total loan into equal parts during the repayment period, and repay the equal principal and interest generated by the remaining loans in the current month every month.

Monthly repayment amount = (loan principal/repayment months)+(principal-accumulated amount of repaid principal) × monthly interest rate.

Features: Because the monthly repayment amount is fixed and the interest is getting less and less, the lender is under great pressure to repay at first, but with the passage of time, the monthly repayment amount is getting less and less.

Average capital plus interest

During the repayment period, the same amount of loans (including principal and interest) will be repaid every month.

Monthly repayment amount = [loan principal × monthly interest rate ×( 1+ monthly interest rate )× repayment months ]≤[( 1+ monthly interest rate )× repayment months]

Features: Compared with the repayment method in average capital, the disadvantage is that there are more interests. The interest in the initial repayment period accounts for most of the monthly contributions. With the gradual return of the principal, the proportion of the principal in the contributions increases. However, the monthly repayment amount of this method is fixed, which can control the expenditure of family income in a planned way and facilitate each family to determine the repayment ability according to their own income.

Whether it is equal principal and interest repayment method or average capital repayment method, the nature of interest will not change. Generally speaking, matching the principal and interest will pay a little more interest than the average capital. . But the premise is that the loan period is sufficient. It seems that the bank has recovered the interest, but in fact, with the reduction of the principal, the average capital repayment method can speed up the repayment, withdraw the funds as soon as possible, reduce the operating cost and help reduce the risk coefficient. In the actual operation process, the matching of principal and interest is more conducive to the borrower to master and facilitate repayment. . In fact, after comparison, most borrowers still choose the method of matching principal and interest, because this method has a fixed monthly repayment amount, is easy to remember, and the repayment pressure is balanced, which is actually not much different from the average capital.

Because these borrowers also see that the use value of funds varies with time, simply put, the repayment method of equal principal and interest is to pay more interest because of long-term occupation of the bank's principal; The repayment method of equal principal takes up the bank principal for a short time, and the interest will naturally decrease. There is no problem that banks lose money and earn more interest. The two repayment methods are essentially the same, and there is no distinction between advantages and disadvantages.

Only when the demand is different can there be different choices. Because the repayment pressure of equal principal and interest is balanced, but it needs to pay more interest, which is suitable for people who have some savings, but their income may be flat or declining, and their living burden is increasing day by day, and they have no plans to repay in advance. In the average capital repayment method, because the borrower can repay the principal faster, it can pay less interest, but the amount of repayment in advance is larger, which is more favorable because it is suitable for people with higher income at present, or those who expect a substantial increase in income in the near future and are ready to repay in advance.