Recently, it was reported that Zhongyuan Bank launched a mortgage interest rate in Zhengzhou that was lower than LPR for more than five years. On the afternoon of the 27th, Zhongxin Jingwei learned from several business outlets of Zhengzhou Zhongyuan Bank that the bank has launched a preferential mortgage interest rate policy for college students who graduated from Zhengzhou within five years. The interest rate of the first home loan is as low as 4.5%, which is lower than the current LPR quotation of 4.6% for more than five years. The mortgage interest rate for five years or more is lower than LPR, which is rare in the national mortgage market.
As a lender, Zhongxin Jingwei contacted six outlets of Zhongyuan Bank in Jinshui District, Zhongyuan District, Erqi District and Guancheng District of Zhengzhou City. The loan managers of these outlets confirmed to Zhongxin Jingwei that Zhongyuan Bank lowered the personal housing mortgage interest rate, and the first home loan interest rate was as low as 4.6%, while the first home loan interest rate was as low as 4.5% for customers who graduated from university within five years (full-time college degree or above).
The loan manager of a business outlet in Zhongyuan District of Zhongyuan Bank said: "The mortgage interest rate was only adjusted yesterday (26th), and the first set was reduced to 4.6%. College students who graduate within five years can enjoy an interest rate of 4.5% if the construction area does not exceed 140 square meters. " The loan manager of a business outlet in Guanchenghui District said that both new and second-hand houses can enjoy this preferential loan interest rate.
However, it should be pointed out that Zhongyuan Bank's minimum mortgage interest rate of 4.5% may be different from the previous policies of the People's Bank of China. According to the latest loan market quotation rate released on April 20, 2022, the five-year LPR is 4.6%. "The minimum mortgage interest rate of 4.5% may not meet the policy requirements and the system will not pass. There is uncertainty about whether it can continue to be implemented in the future. " The loan manager of a business outlet in Jinshui District of Zhongyuan Bank revealed to Zhongxin Jingwei.
What's the interest rate for a bank loan in case of eleven thousand?
Take the latest loan interest rate of China Bank in February 20 19 as an example. The loan interest of 1 year 1000 yuan is 430 yuan.
20 19 12 the preferential interest rate for bank loans in China is 4.3%, and the loan interest 100004.3% = 430 yuan.
Extended data
The bank loan interest rate is determined by the loan contract interest rate of banks and other financial institutions as lenders, and both parties can only determine it through consultation within the upper and lower limits of interest rates stipulated by the People's Bank of China. If the loan interest rate is high, the repayment amount of the borrower will increase after the loan term, otherwise it will decrease. There are three factors that determine loan interest: loan amount, loan term and loan interest rate.
The decisive factors of bank loan interest are:
1, bank cost. Any economic activity needs cost-benefit comparison. There are two types of bank costs: borrowing costs-prepaid interest on borrowed funds; Additional cost-the cost of normal business.
2. Average profit rate. Interest is the subdivision of profit, which must be less than the profit rate, and the average profit rate is the highest limit of interest.
3. Supply and demand of loan funds. If the supply exceeds the demand, the loan interest rate will inevitably fall, and vice versa. In addition, the loan interest rate also needs to consider price changes, securities returns, political factors and so on.