People who use provident fund loans to buy houses are not affected by the change of basic interest rate and the increase of LPR.

The factors that can affect the change of interest rate of provident fund loans mainly include the following:

Whether the deposit interest rate changes, whether the management fee of the provident fund center increases, etc. If users need to convert their mortgage into LPR integral mode, they can choose to do it on the corresponding date of 65438+1 October1or loan date every year.

Provident fund loan interest rate:

The interest rate of provident fund loans is set by the People's Bank of China, which is different from the benchmark interest rate of commercial bank loans. In 2020, the interest rates of provident fund loans in various places will not change much. Still implement the previous standards:

1, the loan term is less than 5 years, including 5 years, and the loan interest rate is 2.75%;

2. The loan term is more than 5 years, and the loan interest rate is 3.75%.

Regardless of whether the application for house purchase is a provident fund loan or a commercial loan, the loan bank should sign a mortgage loan contract with the borrower in duplicate. The loan bank and the borrower each hold a contract. The loan contract is a loan repayment agreement, and all loan repayment requirements should be implemented according to the contract. If the borrower doesn't get the loan contract, he can go to the loan bank and ask him to reissue the loan contract.