15 As soon as the central bank issued the document, on the 16th, 8 banks in Zhengzhou quickly reduced the first arbitrage interest rate to 4.4%.
20, central bank updated the 5-year lpr to 4.45%. According to the policy of the lower limit of the first home mortgage interest rate of Lpr-20 basis points a few days ago, the current first home mortgage interest rate can reach 4.25%.
On the same day, more than two banks had adjusted the interest rate of the first mortgage to 4.25%, and the second mortgage to 5.05%.
The latest lowest interest rate at present is now 4.45% lowest interest rate, which hurts the hearts of many home buyers. A large number of home buyers are still standing guard at high interest rates, 5.88 crying and fainting in the toilet, and 6.37% has become a big mistake. For customers who have already bought a house, they really have to break their teeth and swallow their stomachs. Is there no chance of turning around?
of course not. The decrease in
Lpr is closely related to the monthly payment of people who have bought a house. For those who have bought a house, the interest rate change of Lpr is once a year, that is, the mortgage change cycle is 1 year . There are two ways to start changing.
1. Monthly changes in annual loan issuance
2. Changes in January 1 of each year
If you change in annual loan issuance monthly, then your changes will refer to Lpr last month. If you choose the change on January 1, then Lpr will refer to Lpr last December.
But the change in lpr is of limited effect for those who are already on duty at high interest rates.
There are other methods, but not everyone can achieve it, and each one is accompanied by different risks and disadvantages.
The following are several operations that can indeed reduce mortgage loans:
The first type: Touch
Relatives have re-washed the mortgage loan through buying, selling and trading, which means selling the house to someone who can control, usually their own relatives, and the mortgage interest rate is based on the current interest rate.
What you need to pay attention to is:
1. Find a controllable person , because the house is in the other party's name and belongs to the other party's assets, and there are certain moral risks;
2. Wasting the other party's first loan qualification will leave a mortgage record for the other party. When buying a second house, it is the second house, and the down payment and interest rate will increase;
3. Affected by the time of the restricted sale , but currently, Zhengzhou has adjusted from the previous restricted sale 3 years to the restricted sale 1 year;
4. Incur costs. The method of is essentially a transaction, so it will incur certain transaction taxes and friction costs, which need to be calculated in advance to avoid being unprofitable.
The second type is to transfer mortgage
The mortgage is to re-loan in the second-hand house trading, the borrower who has already applied for a loan from the bank to settle the loan from the previous bank, and re-loan at the current mortgage interest rate.
But unfortunately, the government currently does not guide this operation method, so only some banks with extreme business differences will do it.
Because the mortgage transfer itself is the mutual poaching of existing businesses between banks, and what is hurt by the overall interests of the banking industry after all.
But from a national perspective, China's mortgage interest rate is very high all over the world. It is also a house to buy, but one or two years earlier than others, will it be a 6.37% genius for nothing?
is obviously a reasonable and legal way. If the government takes the lead, it will greatly reduce the heavy mortgage burden of home buyers, allowing more money to consume and activate the market and economy.
The third type is commercial to public
It will convert commercial loans to Provident Fund loans , but there will be certain restrictions.
1. Low loan amount: Provident Fund itself has a low loan amount. Singles in the first house can be loaned up to 600,000 yuan, and couples can be loaned up to 800,000 yuan. It should be noted that the loan amount must not exceed 70% of the total house payment, and the annual interest rate for loans over five years is 3.25%; whether singles or couples can be loaned up to 600,000 yuan, and the interest rate will rise by 10% to 3.57%.
2. Commercial to public restrictions: has used commercial loans, and there are restrictions on transferring provident fund loans. Many of them can only be transferred by provincial provident fund, and some municipal provident fund can also be handled.
3. Full supervision method. In Zhengzhou, second-hand housing merchants must go through full supervision when buying a house, otherwise it cannot be handled.
The fourth type, transfer to business loan
Business loan is used as a business loan. It is a product launched by banks for small and medium-sized enterprises or individual industrial and commercial households. It is a credit dividend of the country and encourages funds to flow into the real economy. In order to use lower interest rates and lower financial burdens to allow enterprises to operate better, so the loan interest rates are some lower than provident fund.
operation process is roughly:
1. The house needs no mortgage, and the mortgage house needs to settle the house's final payment first and become a full payment house;
2. Use the full payment house to handle it Handle mortgage and apply for business loans;
3. After approval, enter the corresponding company account and return other funds that have been settled before;
1 In addition to the low interest rate, the operating loan is also relatively flexible. You can borrow and repay the principal at any time. The principal can be returned by mobile banking, and those who return it can also be withdrawn again.
But the problem is:
1. Business loans are for business operations and prohibit residents from flowing funds into the real estate and stock markets. Strictly speaking, it is illegal. If there is no business entity, it is actually wandering in the gray area. With the changes in policies, has the risk of withdrawing loans and cutting off loans .
2. Due to policy changes, liabilities and credit reporting, The next loan cycle cannot guarantee that the loan will be approved. The stability of business loans is far less than that of mortgage loans. Banks are most afraid of causing people's livelihood incidents, but they are not afraid of judging business by business. Loans derived for business are risky in themselves.
3. When applying for a business loan, you need to settle the previous bank loan, and the loan term is short. Generally, only interest is paid during use. is returned in one lump sum in 13 years. Each time, you need to borrow money or advance funds regularly. In addition to the intermediary’s service fee and the handling fees of some banks, it is a considerable capital cost.
The fifth type is to repay the loan in advance
Early settlement of the loan principal can reduce loan pressure to a certain extent.
1 If you meet the following conditions, you can consider repaying the loan in advance:
1. You have certain idle funds in your hands and there is no other financial management method to cover mortgage interest rates;
2. The family has a backup fund that can last for at least 3 years and resist unknown risks;
3. The interest paid is less than 50% of the total interest.
4. I am about to retire and have no large expenditures in the future overdue period;
5. I want to buy a house and the mortgage under my name affects the loan amount.
Before repaying the loan in advance, you must first understand that even if it is as high as 5%-6%, mortgage loans are always the most stable and safest loan in China. Apart from mortgages, it is difficult to apply for such a long-term loan again. Therefore, if you can use this fund to respond to emergency or cover mortgage interest rates, it can actually better apply funds than repaying the loan in advance.
In short, for home buyers who have bought houses and are buying at high interest rates, it is most appropriate to reduce loan pressure by transferring mortgages and other methods. It is reasonable, legal and effective. In the current special economic environment, I hope that those who have bought a house can also become the focus of attention.
