The interest rate of the first home loan is lower, which can be reduced to 4.4%.
On May 15, the central bank and the China Banking Regulatory Commission released the latest news: for households who purchase ordinary self-occupied houses by loans, the lower limit of the interest rate of commercial personal housing loans for the first suite will be adjusted to not less than the quoted interest rate in the loan market minus 20 basis points. According to the latest (i.e. April 2022) LPR, the price is 4.6% for more than 5 years, that is, the interest rate of the first home loan is not lower than 4.6%. After this notice, the interest rate of the first home loan can be lowered to 4.4%.
Second, the first personal housing loan interest rate calculator in 2022
If the loan is 6,543.8+0,000 yuan, the loan term is 30 years, the repayment of principal and interest is equal, and the mortgage interest rate is 4.6%, the monthly payment is about 565.438+0.26.44 yuan, and the total interest is 845.500 yuan. After it is reduced to 4.4%, the monthly payment is about 5007 1 yuan, and the total interest is 802,700 yuan, saving more than 40,000 yuan. 500 thousand 30-year loan interest can save 20 thousand. Third, does the adjustment of mortgage interest rate have an impact on the repayment of purchased houses?
Whether the increase in the benchmark mortgage interest rate has an impact on buyers depends on the specific situation.
1. If the floating interest rate was stipulated in the contract signed by the previous buyers when they applied for the mortgage, the increase of the benchmark mortgage interest rate will have a certain impact on it. Because it is a floating interest rate, if the bank raises the bank's mortgage interest rate according to the benchmark interest rate, then the buyers will repay the remaining mortgage according to the raised interest rate, instead of still paying the mortgage according to the mortgage interest rate at the time of signing the contract, which will also allow customers to pay more mortgages. However, if banks lower the mortgage interest rate, buyers will have to pay less mortgage.
2. If the buyers agree on a fixed interest rate when signing the mortgage contract, the increase of the benchmark interest rate of the mortgage will not affect it. Because no matter how the bank adjusts the bank's mortgage interest rate, the buyers pay the mortgage according to the mortgage interest rate stipulated when signing the contract before.