Interest rate bonus refers to the value of interest rate bonus. For example, the LPR interest rate is 4.8%, and after a certain upward adjustment, the final interest rate is 5.3%, so the interest rate plus point is 0.5% or 50BP. After the user converts the mortgage interest rate into LPR interest rate, the interest rate will be raised to a fixed value and will not change during the loan period.

If the floating interest rate of LPR is selected, the interest rate of LPR will be adjusted once a year. If LPR fixed interest rate is selected, interest will be calculated at fixed interest rate within the loan term.

Floating interest rate conversion LPR is to convert the interest rate that can be adjusted regularly during the loan period into the quoted interest rate in the loan market.

LPR (Loan Prime Rate, LPR) is the quoted interest rate in the loan market and a new mechanism introduced by the central bank on 20 19. LPR is published once a month and can be increased or decreased. Increment value = current interest rate level of the original contract-2065438+LPR released in February 2009, and the increment value is fixed after confirmation.

Pricing benchmark can only be converted once, and cannot be converted again after conversion. In the last repricing cycle, the floating-rate loan of inventory shall not be converted. In principle, the conversion of the pricing benchmark of floating rate loans should be completed before August 3, 20201.

How to calculate LPR interest rate?

Step 1: The integral value of LPR interest rate is based on the idea that interest rate will remain unchanged before and after conversion. In other words, it is equivalent conversion. After conversion, the point value remains unchanged.

Step 2: If our previous interest rate was 5%, we will deduct 2065438+LPR interest rate of 4.8% determined in February 2009 from the 5% interest rate.

Step 3: 5% minus 4.8% is 0.2%. This LPR interest rate point value is 0.2%(20 basis points).

Step 4: The integral value of LPR interest rate remains unchanged after being determined, which can be positive or negative.

Step 5: If the previous loan interest rate is 4.6%, minus 4.8%, the integral values are -0.2% and -20bps.

In addition, if you plan to sell your existing real estate within five years, you can directly choose the LPR pricing method regardless of the current interest rate. Usually there is a small economic cycle in five years, and the probability of LPR falling within five years is quite high, so you can enjoy the interest rate cut dividend first. If you don't intend to be involved in housing for more than 5 years, and the interest rate exceeds 4.5% (at present, large deposits and large insurance can reach this interest rate for 5 years), you can change it to LPR floating interest rate and enjoy the dividend reduced by LPR.

What do you mean by 10.0000BP?

The added value is the percentage of the bank's floating up when lending, which is generally between 15% and 30%. The lower the percentage point, the less the value, and the higher the percentage point, the more the value.

Interest rate floating value (plus point value) 83.5BP

It is equal to today's LPR(4.75%) plus 0.835%, which is 5.585%.

The next time LPR is adjusted, the loan interest rate will also be adjusted.

If the LPR is adjusted to 4.85%, the loan interest rate will become 5.685%, and if the LPR is adjusted to 4.65%, the loan interest rate will become 5.485%.

Extended data:

LPR is a new mechanism introduced by the central bank on 20 19. LPR is published once a month and can be increased or decreased. Increment value = current interest rate level of the original contract-2065438+LPR released in February 2009, and the increment value is fixed after confirmation.

Pricing benchmark can only be converted once, and cannot be converted again after conversion. In the last repricing cycle, the floating-rate loan of inventory shall not be converted. In principle, the conversion of the pricing benchmark of floating rate loans should be completed before August 3, 20201.

Baidu encyclopedia-floating interest rate conversion lpr

Loan plus value -63.5 What interest rate?

The added value of loan refers to the fixed added value of loan interest rate under the premise of floating loan interest rate. For example, if the LPR is 4.6% for more than five years, and then the user signs a loan contract, and the loan added value is 63.5 basis points, that is, 0.635%, then the final loan interest rate is 5.235%. However, when LPR changes, the added value is still 0.635%. In this way, if LPR goes down, the interest of the loan will be reduced, and the loan cost of the lender will be reduced, which is very beneficial to the lender.

Tips: The above contents are for reference only.

Reply time: February 2, 20221. Please refer to the latest business changes announced by Ping An Bank in official website.

What does the loan base point mean?

The basis point of loan interest rate (also called the basis point of loan profit) is a measure of the change of bond and bill interest rate. 1 basis point is 0.0 1%, and the basis point is the added value agreed by the bank and the borrower through consultation. Once the added value is determined, it will remain unchanged throughout the contract period.

In addition, borrowers need to pay attention to some loan principles "three principles" when lending.

From March 1 2020, commercial banks must terminate the original mortgage contract with borrowers with existing mortgages. Let the borrower choose another one, or fix the interest rate; Either LPR interest rate+basis point+model. If the interest rate is raised by 50 basis points, the interest rate will rise by 0.5%. The benchmark interest rate of the central bank is 4.9% for loans with a term of more than 5 years, and 5.4% for 50 basis points; The LPR will be published on the 20th of each month, and the converted LPR interest rate will be increased by one basis point.

Mortgage base point: loan interest rate, such as bank loan, is five points, which is the annual loan interest rate of 5%. For example, if you borrow 10000, then your annual interest is 10000*5% which is equal to 500 yuan. The decisive factors of bank loan interest are: bank cost, average profit rate, and the relationship between supply and demand of borrowed monetary funds. Bank cost. Any economic activity needs cost-benefit comparison. There are two types of bank costs: borrowing costs-prepaid interest on borrowed funds; Additional cost-the cost of normal business. Average profit rate. Interest is the subdivision of profit, which must be less than the profit rate, and the average profit rate is the highest limit of interest. Supply and demand of loan funds.

Supplement: Loan refers to a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. A simple and popular understanding is to borrow money with interest. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development; At the same time, banks can also obtain loan interest income and increase their own accumulation.

Pay attention to when lending: 1. Loan security is the primary problem faced by commercial banks; 2. Liquidity refers to the ability to recover the loan according to the predetermined period or realize it quickly without loss of land, so as to meet the needs of customers to withdraw deposits at any time; 3. Efficiency is the basis of sustainable operation of banks. For example, if a long-term loan is issued, the interest rate will be higher than that of a short-term loan, and the benefit will be good. However, if the loan term is long, the risk will increase, the security will decrease and the liquidity will weaken.