The mortgage interest rate is related to the following factors: 1 the length of the loan. The longer the length of the loan, the higher the interest rate. 2 the location of the city where the house is located is related. The easier it is to get rid of first-and second-tier cities, the lower the interest rate. 3 the ratio of the lender's income to the loan amount, the higher the ratio, the more favorable the interest rate. The lender's credit score is good and the interest rate is low. In addition, there are the following three situations: First, the interest rate of housing loans is affected by credit information. If you want to borrow money now, you need to check the lender's credit information first to see if there is any problem with the credit information. Generally speaking, if personal credit information is good, the loan interest rate will be reduced. On the contrary, the interest rate of loans given by banks will not decrease, but will increase. If you enter the blacklist of credit information or the blacklist of banks, banks will directly refuse loans, so the interest rate of housing loans is affected by credit information. Second, the housing loan interest rate is affected by the bank loan policy. When choosing loans, many people will find that different banks need different interest rates. Why? In fact, it is mainly because different banks have different loan policies. Banks will adjust interest rates according to actual conditions, and different banks will make different transfers. Therefore, when we understand the housing loan interest rate, we should know the relevant policies of the bank in time. Third, the housing loan interest rate is affected by the loan term. I believe many people who know about loans know that the longer the loan term, the higher the interest rate of housing loans, and the shorter the loan term, the lower the interest rate. This shows that the housing loan interest rate is closely related to the loan term. Therefore, when making a loan, you can adjust the loan term according to your actual situation, which will lead to some differences in interest rates. : 1. The mortgage interest rate refers to the loan with real estate in the bank, and the loan shall pay interest at the interest rate stipulated by the bank. The mortgage interest rate in China is uniformly stipulated by the People's Bank of China, and all commercial banks can float within a certain range. 2. The mortgage interest rate in China is not always constant, but constantly changing. The form is that interest rates have been rising, so we often compare the situation before and after raising interest rates. 3.2065438+On June 7, 2002, the central bank issued an urgent document to commercial banks, requiring that the lower limit of the floating range of individual housing loan interest rate of commercial banks should still be 0.7 times of the benchmark interest rate. Commercial banks will implement the new interest rate: if the loan term is more than one year, the loan interest rate will be adjusted once a year, and it will be 65438+ 10/0 in June. If the benchmark interest rate is not adjusted within the loan term, the loan interest rate will not be adjusted. On March 20 17, Beijing 16 Bank cancelled the 10% discount on the first home loan interest rate and adjusted the first home loan interest rate to 9.5%. _
2. Does the adjustment of bank interest rate affect our previous mortgage repayment?
The adjustment of bank interest rate has an impact on our previous mortgage repayment. If the bank lowers the benchmark loan interest rate, your repayment will be reduced. If the benchmark loan interest rate is raised, your repayment amount will increase.
After the general bank interest rate adjustment, the interest rate of the unpaid part of the loan will also be adjusted accordingly.
First, after the adjustment of bank interest rate, the loan interest rate will be in the Agricultural Bank of China and China Construction Bank in the following year.
The second is the annual adjustment, that is, the bank mortgage is adjusted every year after repayment);
Third, both sides agree that this is beneficial to the bank as a whole.
In addition, no matter what the benchmark interest rate is, the range remains the same, only floating up (or down) on the basis of the new interest rate.
Extended data:
165438+1October 2 1, the central bank announced a rate cut: the one-year loan base of financial institutions is 5.6%; The one-year deposit base will reach 2.75%. At the same time, combined with the interest rate marketization reform, the upper limit of the floating range of deposit interest rate of financial institutions was adjusted from 1. 1 times of the benchmark deposit interest rate to 1.2 times.
The last time the central bank cut interest rates was on July 6, 20 12. After two years, the central bank suddenly cut interest rates this time, causing an uproar in various media. What does it mean to cut interest rates? What impact it will have on the lives of ordinary people.
The interest on deposits and loans of enterprises is less, so house slaves can relax a little.
The decline was even greater, and the benchmark interest rate for loans was lowered by 0.4 percentage points, which meant that the benchmark interest rate was lowered from 6.55%, and the house slaves benefited a lot.
According to the loan of 400,000 yuan with a term of 20 years, the repayment before interest rate reduction is 718600 yuan, and the interest is 318600 yuan, and the monthly repayment is 2994 yuan. After the interest rate cut, the total repayment is 696,654,38+0,000 yuan, the interest is 296,654,38+0,000 yuan, and the monthly repayment is 2,900 yuan. In contrast, 94 yuan pays less interest.
However, according to the relevant regulations of the bank, the loan interest rate will be implemented throughout the year, and the interest rate will be lowered in the middle. It is necessary to wait until 65438+ the following year 10 to implement the repayment of 94 yuan, and the repayment of 2900 yuan will be started in 65438+ 10 next year.
With the favorable factors of interest rate cuts and a series of previous real estate policies "National Nine Articles" and "Ning Ten Articles", I believe there will be another group of buyers who just need to buy houses in Yinchuan.