Mortgage interest is calculated at floating rate. After the adjustment of bank loan interest rate, the interest rate level of loan interest calculation is also adjusted. Of course, no matter how it is calculated, it has no effect on the interest paid. Will have an impact on the adjusted interest.
Extended data:
Mortgage, also known as house mortgage. Mortgage means that the buyer fills in the application for mortgage loan to the bank and provides legal documents such as ID card, income certificate, house sales contract and guarantee letter.
Floating interest rate is an interest rate that can be adjusted regularly during the loan period. Common basic interest rate plus calculation. Usually, the loan interest rate or commercial paper interest rate of the most reputable enterprises in the market is set as the basic interest rate, and on this basis, 0.5 to 2 percentage points are added as the floating interest rate. Repay the principal at face value at maturity, and usually pay interest at the floating rate of the specified interest payment period.
References:
Baidu encyclopedia-mortgage