Lpr is 4.65% in 2023, and the mortgage interest rate after the re-pricing date in 2023 is: LPR(4.65%-0.35%) 172 basis points =6.02%.

If the loan is 1 10,000, the monthly payment can be reduced by about 200 yuan from next year, and the total interest can be saved by more than 80,000 yuan.

2. Which is better, the floating interest rate or the fixed interest rate of 2.lpr?

The choice of lpr floating interest rate and fixed interest rate depends on the borrower's own judgment on the future interest rate trend. If the borrower thinks that LPR will decline in the future, then the floating interest rate of LPR will be better; If we think that LPR may rise in the future, then fixed interest rate will have an advantage.

The full name of lpr is "loan market quotation", which is the loan market quotation formed by the People's Bank of China comprehensive 18 representative commercial banks. Published on the 20th of each month (postponed in case of holidays), currently including 1 year and more than 5 years. From March 1 2020, financial institutions should negotiate with customers of existing floating interest rate loans on the conversion terms of pricing benchmark, and convert the interest rate pricing method agreed in the original contract into LPR as pricing benchmark (the increase point can be negative), and the value-added will be fixed during the remaining period of the contract; It can also be converted into a fixed interest rate. Pricing benchmark can only be converted once, and cannot be converted again after conversion. In the last repricing cycle, the floating-rate loan of inventory shall not be converted.

In view of the long repayment period of home purchase loans, buyers should not only consider the present, but also focus on the future when choosing. Property buyers expect the LPR interest rate to go down, and they also expect that the LPR interest rate will not rise sharply in the next decade or two. This is the advantage of choosing LPR interest rate. If China's economy improves gradually in the future, the floating interest rate of LPR may also rise. If the price rises too much and the monthly supply increases, it is better to maintain the status quo within the controllable range. This is the greater advantage of fixed interest rates.

Compared with fixed interest rate, lpr floating interest rate has no absolute advantage, and how borrowers choose the interest rate method of borrowing needs to be considered in many aspects.

3. What is the mortgage interest rate in 2023?

In 2023, the benchmark loan interest rate announced by the People's Bank of China was 4.35% for one year (including one year) and 4.75% for one to five years (including five years). At present, the benchmark interest rate of commercial loans is 4.90%, and the loan period exceeds 5 years. Affected by the policy of restricting purchases and loans, local banks have adjusted the interest rate of the first home loan to varying degrees. The average interest rate of the first suite in China is 5.38%, and the interest rate generally rises by 5%-20%. The interest rate of the second home loan generally rose 10%-30%. Kuanlaodang

The benchmark interest rate of provident fund loans is 2.75% for loans with less than five years (inclusive), 3.25% for provident fund loans with more than five years, and the interest rate of second-home loans generally rises 10%. The benchmark interest rate of new loans announced by the People's Bank of China shall be subject to the latest interest rate announced by the People's Bank of China.

I. Entrusted loan:

Entrusted loans refer to loans issued, supervised and assisted by government departments, enterprises, institutions and individuals according to the loan object, purpose, amount and term determined by customers. The lender (trustee) only charges the handling fee and does not bear the loan risk.

2. Credit loan:

Credit loans refer to loans issued in the name of borrowers. Its characteristic is that the debtor does not need to provide collateral or third-party guarantee, but only needs to rely on his own reputation to obtain loans, with the borrower's credit degree as the repayment guarantee. For a long time, this kind of credit loan has been the main loan method for banks in China.

4. What is the benchmark interest rate of lpr now?

LPR is closely related to various loan interest rates. LPR is quoted by the quoting banks according to the open market operating interest rate, mainly referring to the medium-term lending convenience rate, and calculated by the National Interbank Funding Center, which provides pricing reference for bank loans. On May 20th, the latest LPR was released! Let's take a look at the latest LPR interest rate in 2022.

What is the latest LPR interest rate in 2022?

According to the National Interbank Funding Center authorized by the People's Bank of China, on May 20, 2022, the loan market quoted interest rate (LPR) was: 1 year, 3.7%, and the LPR over five years was 4.45%. The values of the former are 3.7% and 4.6% respectively.

In other words, the LPR for more than five years has been lowered by 15 basis points. This is not only the first time that the LPR of 1 year has not decreased since the LPR reform in August 20 19, but also the LPR of more than 5 years has been lowered separately for the first time. It is also the biggest reduction of LPR in more than five years, which was within 10 basis point before this regret.