The mortgage is 450,000 yuan and the loan is 20 years. How much is the mortgage interest?

Hello, as far as I know, as of June 20 19, 1, the benchmark interest rate of the central bank's commercial loans (personal housing loans) is: 4.35% within one year; 4.75% for one to five years; More than five years is 4.90%. Of course, this is only the benchmark interest rate for commercial loans. When borrowers actually apply for loans, local commercial banks will float on this basis. Therefore, the specific situation, users can consult the local loan bank in advance. Now only according to the benchmark interest rate, the mortgage interest is 450,000× 4.90% = 22,050 yuan.

The latest data shows that the one-year loan market quotation rate (LPR) remains at 3.85; The quoted interest rate (LPR) of the five-year loan market remained at 4.65. In 2020, after several interest rate cuts, the five-year LPR has not changed for eight consecutive months. However, due to the interest rate cut, from next month, most property buyers will be able to feel the reduction in monthly supply. For 202 1, the mortgage interest rate should not fluctuate too much, and it is unlikely to rise, because it can be seen that LPR has not changed for more than five consecutive years for eight consecutive months, and the interest rate trend is relatively stable.

And 202 1 loans need to pay attention to: 1, the required loan amount. Calculate the amount of the loan before lending. The down payment is not included in the loan amount and paid in advance. Generally speaking, the higher the down payment ratio, the shorter the payment cycle and the lower the monthly pressure. All the house payment MINUS the down payment is the basic loan amount, in addition to deed tax, value-added tax and other taxes. 2. Choose a good loan bank for mortgage. With the development of the real estate market, many banks have developed housing loan products. Property buyers can shop around to see which policy is more favorable and more suitable for them, and choose the right loan bank according to the actual situation. 3. Choose the correct return method. Generally speaking, there are two repayment methods: one is equal principal and interest, and the other is average principal. These two methods have their own advantages and disadvantages. Lenders need to choose the appropriate repayment method according to their own timing. The information provided to the bank should be true. When a property buyer applies for a bank loan, the bank will generally ask the lender to provide the corresponding proof of economic income. Property buyers should provide true proof of personal work, position and recent economic income. If the lender provides false certification materials, this will lead to the bank's trust in you decreasing and affect the loan.