The current interest rate of provident fund loans was adjusted and implemented on July 7, 20 1 1 year. The interest rate of provident fund loans for more than five years is 4.90%, the monthly interest rate is 4.90%/ 12, and the annual interest rate of provident fund loans for less than five years is 4.45%, which is consistent throughout the country.

If the interest rate of provident fund loans is adjusted, the repayment interest will also be adjusted. The adjustment of the interest rate of provident fund loans is carried out every year 1 month 1 day.

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. For commercial loans, the interest rate of the outstanding part of the loan will be adjusted after the adjustment of the general bank interest rate. 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 (this is the case with the mortgage loans of ICBC, Agricultural Bank and China Construction Bank); 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.