Ordinary people often choose the loan method when buying a house, and they can choose fixed interest rate loans or floating interest rate loans when lending. Then, can a person who has signed a fixed interest rate loan change the fixed interest rate into a floating interest rate? Let's have a look.

Can I change the fixed interest rate after signing the mortgage?

You can't. According to the requirements, the bulk interest rate conversion of existing housing loans before June 8, 20 19 was completed from March 1 to August 3 1 2020. If there is any objection to the conversion result, the application time for canceling the batch conversion will also end on June 5438+February 3, 20201. In other words, users can only choose to accept the fixed interest rate of their mortgage at present, and can no longer convert it into LPR floating interest rate.

Of course, this does not mean that users who are at a high level and cannot adjust their housing loans can only bear higher interest rates. They can also reduce interest rates in the following two ways:

1 advance payment

Users can repay part of the loan in advance, and then choose to shorten the monthly payment or shorten the repayment period to reduce part of the interest withdrawal.

2 Business to the public

If the user pays the provident fund and meets the conditions for converting a commercial loan into a provident fund loan, the applicant may transfer it to the public. After all, the interest rate of provident fund loans is much lower than that of commercial loans.

These are some of the contents of mortgage, so you can pay attention to them.