What is the housing mortgage loan interest rate?

The 2015 benchmark interest rate is based on the benchmark interest rate adjusted and implemented on July 6, 2012. The types and annual interest rates are as follows:

1. Short-term loan for six months (inclusive) 5.6%.

2. Six months to one year (inclusive) 6%.

3. One to three years (inclusive) 6.15%.

4. Three to five years (inclusive) 6.4%.

5. 6.55% for more than five years.

In addition, the loan interest rate is related to the loan purpose, loan nature, loan term, loan policy, different lending banks, etc. The state stipulates the benchmark interest rate, and each bank determines the differential loan interest rate based on various factors, that is, it floats up or down based on the benchmark interest rate.

Loan interest rate:

1. Loan interest rate is the interest rate charged by banks and other financial institutions from borrowers when they issue loans. There are roughly three categories: the central bank's loan interest rate to commercial banks; the commercial bank's loan interest rate to customers; and the interbank lending rate.

2. The factors determining bank loan interest are: bank costs. Any economic activity requires cost-benefit comparison. There are two types of bank costs: borrowing costs - prepaid interest on borrowed funds; additional costs - expenses incurred in normal business. average profit margin. Interest is a subdivision of profit. Interest must be less than the profit rate. The average profit rate is the highest limit of interest. The supply and demand situation of lending currency funds. If supply exceeds demand, loan interest rates will inevitably fall, and vice versa.

3. Loan interest rates must also take into account price changes, securities income factors, political factors, etc. However, some scholars believe that the highest limit of interest rate should be the marginal rate of return of funds. The factor that constrains the interest rate is regarded as the ratio of the increase in profit of the enterprise after borrowing a bank loan to the amount of borrowing and the loan interest rate. As long as the former is not less than the latter, the company may borrow from the bank.