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Buying a house with a loan can reduce the pressure of personal life, but with the passage of time, the mortgage interest rate. Then, does the original mortgage change after the mortgage interest rate rises, and what should I do to buy a house with a loan? Now let's have a look.

1. Does the original mortgage change after the mortgage interest rate rises?

After the mortgage interest rate rises, the interest rate rises, but the original mortgage is still implemented according to the signed contract, and the repayment is made according to the interest rate at the time of the loan. In addition, the state raised the mortgage interest rate mainly to curb malicious real estate speculation.

Second, what preparations do you need to make for buying a house with a loan?

1, the financial strength of the lender who applies for buying a house is within his means. Because the loan methods are different, it is necessary to control the monthly payment that needs to be paid back every month within the range that individuals can bear, without affecting daily life.

2. Under normal circumstances, the developer will arrange a designated bank for the buyers to apply for loans, but if they buy second-hand houses, the buyers can choose their own banks to apply for loans. At this time, it is necessary to choose the services provided to property buyers according to the types of services implemented by banks. The bigger the choice, the better.

3. You also need to choose the most suitable repayment method and average fund when buying a house with a loan. Matching principal and interest can help lenders better grasp the monthly repayment amount and make better arrangements; General capital is suitable for families with strong repayment ability, but the pressure is great.

About the changes of the original mortgage after the mortgage interest rate rises, what preparations need to be made for buying a house with a loan, let me introduce it first. If you have already applied for a loan, the interest rate of the later mortgage will be affected.

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Second, will the increase in mortgage interest rate repay the mortgage?

Will change, the normal interest rate is falling. If the benchmark interest rate is adjusted, the repayment amount will also be adjusted, but the fluctuation (or downward fluctuation) within the loan term remains unchanged. If the benchmark interest rate is adjusted, the loan interest rate will rise (or fall) on the basis of the new interest rate. As for when to implement the new interest rate, it should be determined according to the nature of the loan (commercial loan or provident fund loan), the lending bank and the contract sample.

The calculation of loan interest adopts floating interest rate, and the interest is adjusted with the adjustment of interest rate. Of course, no matter how it is calculated, it has no effect on the interest paid. Will have an impact on the adjusted interest.

After the adjustment of the general bank interest rate, the interest rate of the outstanding part of the loan is also adjusted. There are three forms: first, after the bank's interest rate is adjusted, the newly adjusted interest rate will be implemented at the beginning of the following year (ICBC, Agricultural Bank of China and China Construction Bank are all like this);

The second is annual adjustment, that is, the new interest rate is adjusted and implemented every year of repayment (such is the case with China bank mortgage); Third, the two sides agreed that the new interest rate level will generally be implemented in the month after the bank's interest rate adjustment. The adjustment of the interest rate of provident fund loans is carried out every year 1 month 1 day.

Third, the mortgage interest rate rises and then rises. Do I have to pay more for my mortgage after buying a house?

The mortgage interest rate has risen. Do friends who have already bought a house still pay the mortgage? Here, we first need to understand two concepts: commercial mortgage interest rate and mortgage benchmark interest rate.

Benchmark interest rate: Benchmark interest rate is one of the monetary policies used by the central bank to regulate the operation of social economy and financial system. The People's Bank of China will make adjustments according to the needs of the economic situation.

Commercial mortgage interest rate: it is based on the benchmark interest rate, floating up or down. The floating mortgage interest rate mentioned in this paper mainly refers to the commercial mortgage interest rate, which is determined by the bank itself and the benchmark interest rate remains unchanged at 4.9%.

Therefore, the rise in mortgage interest rates has the following effects on people who have already bought a house:

1, the floating interest rate of commercial mortgage will not affect the dispersed mortgage interest rate.

The mortgage interest rates of major banks have soared as much as possible, but friends who already have mortgages don't have to worry. Commercial banks will charge mortgage interest according to the mortgage contract, and the monthly supply will not increase when the interest rate is implemented.

2. If the benchmark mortgage interest rate rises, the mortgage interest rate already obtained will be adjusted accordingly.

Although it is said that when the benchmark interest rate has not become affordable, the interest rate rise will not have much impact on the buyers who have already obtained loans, but if the benchmark interest rate rises, no matter whether the loans have been made or not, it will be adjusted on this basis. The outstanding mortgage interest rate will rise, the monthly payment will increase, and the total cost of buying a house will also increase.

Fourth, the mortgage interest rate has risen. Should people who have already bought a house pay more mortgages?

The floating interest rate of commercial mortgage will not affect the interest rate of decentralized mortgage. In other words, people who have already bought a house will not be allowed to repay more loans.

Although the mortgage interest rates of major banks have soared, friends who already have mortgages don't have to worry. Commercial banks will charge mortgage interest according to the mortgage contract, and the monthly supply will not increase when the interest rate is implemented.

There are two calculation formulas for general mortgage repayment:

I. Calculation formula of equal principal and interest:

Calculation principle: from the beginning of monthly contribution, the bank collects the interest of the remaining principal first, and then the principal; The proportion of interest in monthly payment will decrease with the decrease of residual principal, and the proportion of principal in monthly payment will increase with the increase, but the total monthly payment will remain unchanged.

Second, the average capital calculation formula:

Monthly repayment = monthly principal, monthly principal and interest

Monthly principal = principal/repayment months

Monthly principal and interest = (principal-total accumulated repayment) x monthly interest rate

Calculation principle: the amount of principal returned every month is always the same, and the interest will decrease with the decrease of the remaining principal.