Legal analysis: the loan interest rate will change. The loan interest rate of each bank will be different. Loan interest is calculated at floating interest rate. After the adjustment of the bank loan interest rate, the interest rate calculated according to the loan interest rate will also be adjusted accordingly. No matter how it is calculated, it has no effect on the interest paid. Will have an impact on the adjusted interest. After the adjustment of the general bank interest rate, the interest rate of the outstanding part of the loan is also adjusted.
Legal basis: Article 668 of the Civil Law of People's Republic of China (PRC) shall be in written form, unless otherwise agreed between natural persons. The contents of a loan contract generally include terms such as loan type, currency, purpose, amount, interest rate, term and repayment method. Article 680 usury is prohibited and the loan interest rate shall not violate the relevant provisions of the state. If there is no agreement on the payment of interest in the loan contract, it shall be deemed that there is no interest. If the loan contract does not specify the payment method of interest, and the parties cannot reach a supplementary agreement, the interest shall be determined according to the local or the parties' trading methods, trading habits, market interest rates and other factors; Loans between natural persons are regarded as interest-free.
Will the loan interest rate change?
On the basis of the benchmark interest rate of the central bank, the loan interest rate is adjusted by banks according to the actual situation in various places. Other interest rates are also determined according to the platform and generally change. According to the change of personal reputation, the better the reputation, the lower the interest rate.
1. Will the adjustment of benchmark interest rate affect the loan interest rate?
Will affect the interest rate, but will not affect the interest rate discount.
After interest rate adjustment, it will generally be implemented from June 5438+ the following year 10. The calculation method of the new interest rate is: new benchmark interest rate × interest rate discount at the time of loan approval.
1. If the benchmark interest rate of commercial loans is adjusted, the time for adjusting the loan interest rate is as follows:
(1) adjustment at the beginning of the year, that is, the loan interest rate will be implemented in the following year 1+0. (Most banks in China)
(2) As agreed by both parties, it will generally be implemented in the month after the adjustment of the bank interest rate. Will it affect the loan interest rate that has been lent?
No. The adjustment of interest rate fluctuation by commercial banks will not affect the loan interest rate. If a commercial bank adjusts the loan interest rate, and you haven't lent money while applying for a commercial loan, you need to consult the bank staff to determine whether it will affect your loan interest rate.
I have already taken out a loan. Will the interest rate change during the repayment process?
I have already taken out a loan. Will the interest rate change during the repayment process?
It will change.
The interest rate in the loan will change with the increase or decrease of the new interest rate of the central bank. For example, the benchmark loan interest rate in the previous five years was 6%, and it became 5% after the central bank cut interest rates, so the new moon supply was calculated according to 5% after the interest rate cut, but some banks took effect the next month and some banks took effect the next year, depending on the bank. The benchmark interest rate of our loan is as follows:
Loans within six months (including six months) 4.60%
Loans from six months to one year (including 1 year) 4.60%
One to three years (including three years) loan 5.00%
3 to 5 years (including 5 years) loan 5.00%
Loans for more than five years 5. 15%
Will car loan repayment affect provident fund loans?
As long as it is not overdue or late, it will not affect.
Materials required for housing provident fund loans:
1. Household registration book of the borrower and his spouse;
2. Resident identity cards of borrowers and their spouses;
3. Proof of the marital status of the borrower;
4. Proof of down payment for house purchase;
5. The credit status report of the borrower and his spouse printed by the bank;
6. Housing sales contracts or agreements that meet the legal requirements.
Housing provident fund handling conditions:
1. Individuals and their units must pay the housing accumulation fund continuously for one year;
2. The borrower has stable economic income, good credit and the ability to repay the principal and interest of the loan;
3. If the borrower purchases a commercial house, it shall not be less than 30% of the total house price.
Housing accumulation fund handling process:
1. The lender prepares relevant materials, fills in the loan application in the bank and submits the materials;
2. After receiving the application, the loan bank shall confirm and review the information;
3. After the audit, the lending bank will contact the lender and sign relevant contracts;
4. For bank loans, the lender shall fulfill the repayment obligations.
First of all, you need to know the application conditions of provident fund loans. It is understood that the application conditions for provident fund loans are as follows: the applicant has paid the housing provident fund for more than half a year (or 1 year) (the regulations vary from city to city); 2. The applicant has a stable occupation and income and good repayment ability; 3. The applicant purchases the house and pays the prescribed down payment; 4. Having collateral that meets our requirements; 5. The applicant's personal credit information is good. Judging from the above conditions, whether the provident fund loan can be successfully applied for is related to personal credit reporting, and the automobile loan will also have an impact on personal credit reporting during the repayment process. If the applicant repays normally in the process of repayment, which does not arouse expectations and leaves a good credit record, then the applicant will not have much influence on his application for provident fund loan in the process of car loan repayment; On the contrary, if the applicant is overdue in the process of car loan repayment, leaving a bad record, then the bank will consider your repayment ability and your personal credit when applying for provident fund loans, thus affecting the applicant's application for provident fund loans and the amount of provident fund loans.
I borrowed it at the benchmark interest rate 1 1 year. Now the benchmark interest rate has changed. Will my repayment amount change?
I will. If the benchmark interest rate is adjusted, the repayment amount will also be adjusted, but the fluctuation (or downward fluctuation) within the loan term remains unchanged. If the benchmark interest rate is adjusted, the loan interest rate will rise (or fall) on the basis of the new interest rate. As for when to implement the new interest rate, it should be determined according to the nature of the loan (commercial loan or provident fund loan), the lending bank and the contract sample.
The calculation of loan interest adopts floating interest rate, and the interest is adjusted with the adjustment of interest rate. Of course, no matter how it is calculated, it has no effect on the interest paid. Will have an impact on the adjusted interest. After the adjustment of the general bank interest rate, the interest rate of the outstanding part of the loan is also adjusted. There are three forms: first, after the bank's interest rate is adjusted, the newly adjusted interest rate will be implemented at the beginning of the following year (ICBC, Agricultural Bank of China and China Construction Bank are all like this); The second is annual adjustment, that is, the new interest rate is adjusted and implemented every year of repayment (such is the case with China bank mortgage); Third, the two sides agreed that the new interest rate level will generally be implemented in the month after the bank's interest rate adjustment. The adjustment of the interest rate of provident fund loans is carried out every year 1 month 1 day.
Will the loan interest rate change after the bank lends money
If the individual housing loan handled by China Merchants Bank has been released, it shall be implemented according to the contract.
During the repayment period, if the country adjusts the "benchmark interest rate", it depends on the terms of interest rate adjustment in the loan agreement you signed. Every customer's situation is different. Some are adjusted in the following year, some are not adjusted, and some are adjusted in the next period. You can check the agreement in the loan contract or call the customer service hotline to enter the manual service inquiry (service time: 8:30- 18:00 on weekdays).
The mortgage interest rate is determined according to the benchmark interest rate. After the loan, it will not change according to the ups and downs in the contract, that is, the so-called interest discount will not change, and the benchmark interest rate will change due to state regulation.
If there is an agreement in the bank contract, the interest rate will be updated automatically. Generally, there are two conventions for updating time:
1, update the latest interest rate on 1 every year.
Representative banks: Chongqing ICBC, Chongqing Agricultural Bank, Chongqing Post, etc.
2. The lender shall update the latest interest rate every month.
Agent Bank: China Chongqing Bank.
If the extension time agreed in the contract is not reached, the loan will still be executed at the original interest rate.
If you apply for a loan at China Merchants Bank, it is generally executed in accordance with the contract. The loan interest rate needs to be comprehensively priced according to the business type, credit status, guarantee method and other factors you apply for, and can only be determined after being approved by the handling outlets. If you want to know the benchmark interest rate information of the current loan, please open the following website (:cmbchina. /cmbwebpubinfo/cdrate.aspx？ Chnl=cdrate) Take a look.
In the process of housing provident fund loan contract, does the contract interest rate change with the increase of interest rate?
Yes, if the benchmark interest rate is adjusted, the repayment amount will also be adjusted, but the fluctuation (or downward fluctuation) during the loan period remains unchanged. If the benchmark interest rate is adjusted, the loan interest rate will rise (or fall) on the basis of the new interest rate. As for when to implement the new interest rate, it should be determined according to the nature of the loan (commercial loan or provident fund loan), the lending bank and the contract sample. The adjustment of the interest rate of provident fund loans is carried out every year 1 month 1 day.
The calculation of loan interest adopts floating interest rate, and the interest is adjusted with the adjustment of interest rate. Of course, no matter how it is calculated, it has no effect on the interest paid. Will have an impact on the adjusted interest. After the adjustment of the general bank interest rate, the interest rate of the outstanding part of the loan is also adjusted. There are three forms: first, after the bank's interest rate is adjusted, the newly adjusted interest rate will be implemented at the beginning of the following year (ICBC, Agricultural Bank of China and China Construction Bank are all like this); The second is annual adjustment, that is, the new interest rate is adjusted and implemented every year of repayment (such is the case with China bank mortgage); Third, the two sides agreed that the new interest rate level will generally be implemented in the month after the bank's interest rate adjustment.
Will the mortgage interest rate change?
Applying for a personal housing loan at China Merchants Bank depends on the provisions of the loan agreement you signed on the interest rate adjustment method, and each customer's situation is different. (When the national interest rate is adjusted), some will be adjusted in the following year, some will not be adjusted, and some will be adjusted in the next period. You can check the agreement in the loan contract or call the customer service hotline to enter the 2- 1-4 manual service inquiry (service time: 8:30- 18:00 on weekdays).
Will the mortgage interest rate change?
The mortgage interest rate is determined according to the benchmark interest rate. After the loan, it will not change according to the ups and downs in the contract, that is, the so-called interest discount will not change, and the benchmark interest rate will change due to state regulation.
If there is an agreement in the bank contract, the interest rate will be updated automatically. Generally, there are two conventions for updating time:
1, update the latest interest rate on 1 every year.
Representative banks: Chongqing ICBC, Chongqing Agricultural Bank, Chongqing Post, etc.
2. The lender shall update the latest interest rate every month.
Will the interest rate change after the loan
The interest rate will change after the loan, but only if the People's Bank of China adjusts the benchmark interest rate of the loan, and then the interest rate of the loan will change accordingly; If the benchmark interest rate is raised, the loan interest rate will also be raised, and the benchmark interest rate will be lowered, so will the loan interest rate.
Different banks set different times to adjust interest rates. Some banks adjust the benchmark interest rate in the next month after the announcement, and some banks adjust it every year 1 month. Users can call the bank when the loan interest rate is specifically adjusted. In fact, the adjustment time is clearly stipulated in the loan contract.
If the loan interest rate increases, the monthly repayment amount of the borrower will increase, otherwise the monthly repayment amount will decrease; After the loan, many people hope that the benchmark interest rate of the loan will be lowered. It should be noted that if there is a floating ratio in the loan contract, this ratio will not change, and the adjusted benchmark interest rate still exists.
The adjustment of the benchmark loan interest rate is made by the central bank according to the needs of market economy development, which usually takes a long time to adjust. The increase of loan interest rate is the most unfavorable for a borrower, that is, a user who has signed a loan contract but has not yet lent money. At this time, banks will generally ask for a new loan contract.
A certain interest rate will change with the national regulations.
Will the bank loan interest rate be adjusted?
Will change. The adjustment of benchmark interest rate will affect interest rate, but it will not affect interest rate discount. After the adjustment of the general bank interest rate, the interest rate of the outstanding part of the loan is also adjusted. There are three forms: first, after the bank's interest rate is adjusted, the newly adjusted interest rate will be implemented at the beginning of the following year; The second is annual adjustment, that is, the new interest rate is adjusted and implemented every year of repayment (such is the case with China bank mortgage); Third, the two sides agreed that the new interest rate level will generally be implemented in the month after the bank's interest rate adjustment. The adjustment of the interest rate of provident fund loans is carried out every year 1 month 1 day.
1. If the benchmark interest rate of commercial loans is adjusted, the applicable loan interest rate adjustment time is as follows: (1) Adjustment at the beginning of the year, that is, the following year 1 implementation loan interest rate. (2) As agreed by both parties, it will generally be implemented in the month after the adjustment of bank interest rate. Note: Some banks adopt full-year adjustment, that is, repayment will be made after one year.
2. If the benchmark interest rate of provident fund loans is adjusted, the applicable loan interest rate adjustment time is: 1+0 in the next year.
3. The adjustment of interest rate fluctuation by commercial banks will not affect the loan interest rate. If a commercial bank does not lend money while applying for a commercial loan when adjusting the loan interest rate, it needs to consult the staff of the bank to determine whether it will affect the loan interest rate.
To add here, there are mainly the following types of loans to buy a house: 1. Housing provident fund loans: For residents who have participated in the housing provident fund deposit, low-interest housing provident fund loans should be the first choice when buying a house. Housing provident fund loans have the nature of policy subsidies, and the loan interest rate is very low, which is not only lower than the loan interest rate of commercial banks in the same period (only half of the mortgage interest rate of commercial banks), but also lower than the deposit interest rate of commercial banks in the same period. In other words, there is a spread between the mortgage interest rate of the housing provident fund and the bank deposit interest rate. At the same time, when handling mortgage and insurance related procedures, the housing provident fund loan will be charged by half.
2. Personal housing commercial loans: The above two loan methods are limited to employees who have paid the housing provident fund, and there are many restrictions. Therefore, people who have not paid the housing provident fund have no chance to apply for loans, but they can apply for personal housing secured loans from commercial banks, that is, bank mortgage loans. As long as your balance in the loan bank accounts for not less than 30% of the funds needed for house purchase, and it is used as the down payment, and the assets recognized by the loan bank are used as collateral or pledge, or the units or individuals with sufficient compensation ability are used as guarantors to repay the loan principal and interest and bear joint liability, then you can apply for using the bank mortgage loan.
3. Individual housing portfolio loans: The maximum amount of provident fund loans that can be issued by the housing provident fund management center is generally1-290,000 yuan. If the purchase price exceeds this limit, the insufficient part shall apply to the bank for commercial housing loans. These two kinds of loans are collectively called portfolio loans. This business can be handled by the real estate credit department of the bank. The interest rate of portfolio loan is moderate, and the loan amount is large, which is more for the lender to choose.
Will the loan interest rate change after the bank lends money
Will affect the interest rate, but will not affect the interest rate discount.
1. Will the adjustment of benchmark interest rate affect the loan interest rate?
Will affect the interest rate, but will not affect the interest rate discount. After interest rate adjustment, it will generally be implemented from June 5438+ the following year 10. The calculation method of the new interest rate is: new benchmark interest rate × interest rate discount at the time of loan approval.
1. If the benchmark interest rate of commercial loans is adjusted, the time for adjusting the loan interest rate is as follows:
(1) adjustment at the beginning of the year, that is, the loan interest rate will be implemented in the following year 1+0. (Most banks in China)
(2) As agreed by both parties, it will generally be implemented in the month after the adjustment of the bank interest rate. (HSBC)
Note: Some banks adopt full-year adjustment, that is, repayment will be made after one year.
2. If the benchmark interest rate of provident fund loans is adjusted, the applicable loan interest rate adjustment time is: 1+0 in the next year.
Note: For high-income people who apply for provident fund loans, 50% of their income or the monthly payment of housing provident fund is taken as the minimum repayment amount. When the interest rate is lowered, the minimum monthly repayment amount will remain unchanged; When the interest rate is raised, if the new minimum monthly repayment amount is lower than the monthly deposit amount, the minimum monthly repayment amount will remain unchanged.
2. If the commercial interest rate rises, will it affect the loan interest rate?
Since 20 17, "banks, as the main executors of real estate credit policies, have curbed excessive demand and consolidated the achievements of Beijing's real estate regulation and control by raising the interest rate of individual housing loans." The interest rate of the first suite of commercial loans has been adjusted several times, from the original minimum of 15%, 10% and 15% to the current benchmark (20 17 10). Will it affect the loan interest rate that has been lent? No. The adjustment of interest rate fluctuation by commercial banks will not affect the loan interest rate. If a commercial bank adjusts the loan interest rate, and you haven't lent money while applying for a commercial loan, you need to consult the bank staff to determine whether it will affect your loan interest rate.
Source: Beijing Housing Provident Fund Management Center of China People's Bank; This content is only applicable to Beijing.
This concludes the introduction of whether the loan interest rate has changed and whether the loan will be repaid with the change. I wonder if you have found the information you need?