According to the announcement of the central bank, the existing mortgage interest rate will be readjusted from March 1 day, 2020. Customers with existing floating rate loans can have two choices. In principle, the conversion should be completed before the end of August this year. At present, at least 24 major banks have issued relevant announcements, and many banks have indicated that they will send "one-on-one" short messages one after another.

Take the loan of 1 10,000 yuan as an example. The original contract term is 30 years, and the current interest rate is 1. 1 times (i.e. 5.39%). Assuming that the quotation of LPR is reduced to 4.7% in February 2020, the monthly supply can be reduced by about 62 yuan after being linked to LPR. For users, the fixed interest rate is fixed for a long time, so they can't enjoy the dividend of the downward interest rate, but they can also avoid the cost increase when the interest rate goes up.

Extended data:

Convertible loans must meet several elements at the same time:

First, loans issued before June 65438+1 October1in 2020, or loans signed but not issued;

Second, it refers to the benchmark interest rate pricing of loans; The third is floating interest rates.

It should be noted that provident fund personal housing loans are not included. If it is a mixed loan of commercial loan and provident fund, only the commercial loan will be transferred, and the provident fund loan will still be executed according to the original contract.

Qualified "mortgage owner" can have two choices: fixed interest rate or adjustment according to LPR. In other words, the original contract pricing based on "central bank benchmark interest rate" can be converted into fixed interest rate or LPR. Among them, if you choose to connect with LPR, the future mortgage interest rate will fluctuate according to the LPR interest rate quotation.