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Will the interest on bank mortgage loan change?
The loan interest rate is divided into floating interest rate and fixed interest rate.

You see, if the loan contract signed with the bank adopts a fixed interest rate, the repayment amount will remain unchanged after the central bank announces the reduction of the benchmark interest rate; If the contract is a floating interest rate, the bank will adjust the repayment amount once a year according to the benchmark loan interest rate announced by the central bank.

However, the floating interest rate is generally adopted, that is, it is adjusted once a year, and then adjusted after you pay back 1 month (usually in February).