House purchase loan is an early policy of the government. Because of the high housing price, many people are dissatisfied with it. Therefore, this policy has been launched, and the introduction of the loan policy has also been unanimously recognized by everyone. Now many people choose to buy houses by means of loans. However, we only pay attention to the convenience of loans, and we don't care about the specific interest and interest rate. Let's talk about it Let's introduce how to calculate the interest of house purchase loan? What's the loan interest rate?
How to calculate the interest of house purchase loan?
(1) Loan interest rate is related to loan purpose, loan nature, loan term, loan policy and different loan banks. The state stipulates the benchmark interest rate, and the banks determine the differential loan interest rate according to various factors, that is, floating up or down on the basis of the benchmark interest rate. The current benchmark interest rate was adjusted and implemented on July 6, 2012. The types and annual interest rates are as follows:
① Short term loans are 5.6% for six months (inclusive); ② 6% for six months to one year (inclusive); ③ 6.15% for one to three years (inclusive); ④ 6.4% for three to five years (inclusive); ⑤ 6.55% for more than five years.
(2) Housing loan: the bank loan interest rate is comprehensively evaluated according to the credit situation of the loan, and the loan interest rate level is determined according to the credit situation, collateral, national policy (whether the first house is the first house), bank credit fund tension, etc. if the evaluation is good in all aspects, the housing loan interest rate implemented by different banks is different.
According to the national regulations, the lower limit of the interest rate of the first house is 85%. The bank loan interest rate is comprehensively evaluated according to the credit situation of the loan. The loan interest rate is determined according to the credit situation, collateral, national policy (whether the first house is or not). If the evaluation is good in all aspects, the housing loan interest rates executed by different banks are different, some of which have more discounts, and some banks have the most preferential interest rates It's 85% off. Some of them have little or no discount.
In general, in the first half of the year, the credit funds are relatively sufficient and the discount will be higher. In the second half of the year and the beginning of the year, due to the shortage of funds and other reasons, the interest rate of the first home loan is 1.1 times or 1.05 times of the benchmark interest rate.
(3) According to the benchmark interest rate, the current benchmark interest rate was adjusted and implemented on July 6, 2012, and the adjusted interest rate is 6.55% over five years. The monthly interest rate is 6.55% / 12.
How much is the interest on the house loan?
1. As of October 22, 2016, the benchmark interest rate of housing loans implemented by major banks is: 4.75% for loans of 1-3 years and 4.9% for loans of more than 5 years. Different banks can make appropriate adjustments according to their own situation and the personal credit information of the applied lender. 2. The interest rate of housing loan refers to the loan with real estate in the bank, which should pay the interest according to the interest rate set by the bank.
3. China's housing loan interest rate is set by the people's Bank of China, and each commercial bank can float within a certain range. China's mortgage interest rate is not always constant, but constantly changing. The form is that the interest rate has been rising, so we often compare the situation before and after the increase of interest rate.
The above content is how to calculate the interest of house purchase loan? How much is the loan interest rate? It's very simple to calculate the loan interest of buying a house. Now there are many calculators used to calculate the interest on the Internet. You can use the calculator to calculate it. It's also more convenient. As long as you input all the data accurately, the calculator can calculate the result accurately. If you input the wrong data, you can calculate it We must be cautious.