Some netizens asked: Why hasn't the repayment amount changed after cutting interest rates so many times this year?
Netizen asked: My loan has just been approved and paid back for a month. Can I enjoy the benefits of cutting interest rates?
Some netizens asked: My loan has just entered the approval process. Is this based on the new calculation or the old calculation?
Wait, wait, wait. .
National policies have been introduced, but the actual implementation varies from place to place, even from bank to bank. Today, Bian Xiao will provide you with the most comprehensive information on interest rate cuts known by Bian Xiao.
I. Current interest rate policy
The People's Bank of China has decided to lower the benchmark interest rates of RMB loans and deposits of financial institutions from August 26th, 20 15, so as to further reduce the financing costs of enterprises. Among them, the benchmark interest rate for one-year loans of financial institutions was lowered by 0.25 percentage points to 4.6%; The benchmark interest rate for one-year deposits was lowered by 0.25 percentage point to1.75%; The benchmark interest rates for loans and deposits of other grades and the deposit and loan interest rates for individual housing provident fund shall be adjusted accordingly. At the same time, the floating upper limit of interest rates for time deposits of more than one year (excluding one year) will be liberalized, while the floating upper limit of interest rates for demand deposits and time deposits of less than one year will remain unchanged.
From 2065438 to September 6, 2005, the RMB deposit reserve ratio of financial institutions will be lowered by 0.5 percentage point, so as to keep liquidity in the banking system reasonably abundant and guide the steady and moderate growth of money and credit. At the same time, in order to further enhance the ability of financial institutions to support "agriculture, rural areas and farmers" and small and micro enterprises, the reserve ratio of rural financial institutions such as county-level rural commercial banks, rural cooperative banks, rural credit cooperatives and village banks was lowered by 0.5 percentage points. Reduce the reserve ratio of financial leasing companies and auto financing companies by 3 percentage points and encourage them to play a good role in expanding consumption.
Average capital VS equal principal and interest how to repay the mortgage is the most cost-effective? Average capital VS equal principal and interest how to repay the mortgage is the most cost-effective? Second, how much money can you save? What is the most cost-effective way to do the average capital VS equal principal and interest?
20165438+the interest rate was cut for the fifth time from October 2004/kloc-0 to August this year. The total repayment amount was 1637400 yuan, and the monthly repayment amount was 6822, calculated at the original commercial loan interest rate of 5.4%. The monthly repayment amount is 66.827 million yuan, that is, the monthly repayment amount can be less than before 139.8 yuan, and after five interest rate cuts, the monthly repayment amount can be less than 80 1 yuan.
Take the normal purchase standard in Shenyang as an example. For a house with a house price of 500,000 yuan, the down payment is10.5 million yuan and the loan is 350,000 yuan. According to the different algorithms of provident fund and commercial loan, at least 70 yuan can be repaid every month. (Of course, different loan amounts, different interest calculation methods and different repayment amounts change. )
3. When can I pay less?
Mainly divided into the following situations:
1. The bank has already lent money. For the mortgage (including 1 the mortgage that has been repaid), the buyers need to adjust the latest loan interest rate in the second year or New Year's Day of the following year.
2. If the bank approves the loan, the bank will generally inform the customer to sign a supplementary agreement and repay the loan at the latest interest rate.
3. If the first loan has not been repaid, the bank regulations are different, and some can only adjust the latest loan interest rate for the following year. However, buyers can try to consult the bank, or they can successfully sign a supplementary interest rate agreement within a certain working day after the loan is issued, and pay the house price at the latest interest rate.
Average capital VS equal principal and interest how to repay the mortgage is the most cost-effective? Taking the interest rate cut policy in June as an example, the following are the execution time of banks after the policy was released: average capital VS equal principal and interest. How to repay the mortgage is the most cost-effective?
The four major banks: ICBC, Agricultural Bank of China and China Construction Bank all implement the new interest rate of 1. 1 for the next year. Bank of China, in particular, implemented the new interest rate on the day when customers lent money.
Joint-stock banks: after some customers of Industrial Bank cut interest rates, they will implement the new interest rate the next month, some will be adjusted quarterly, and some will be implemented until the following year 1. 1. Looking at the terms of the contract, the interest rate reduction cycle will be good, and the interest rate increase cycle will be very depressed; China Merchants Bank will implement it in the following year:1.1; Rural commercial banks will implement 1. 1 in the next year; China CITIC Bank will implement the number 1. 1 in the next year; The Postal Savings Office will be implemented on June 1. 1 day of the following year.
Foreign banks: HSBC will adjust next month; Citibank will adjust once in the next quarter; Woori Bank will also be implemented next month.
Banks not mentioned should consult, and most of them will be adjusted to 1. 1 next year.
(The above answers were published on 20 15-08-27. Please refer to the actual situation for the current purchase policy. )
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