Ji'nan banks implement new interest rates, mortgage loans and interest payments in New Year
http://news.jnnc.com/2013-01/02/cms505240article.shtml
yesterday was the first day of 2013, and it was also a good day for people with mortgage and car loans, because the vast majority of banks have been carrying out new loan rates since today, which means their interest payments will be reduced accordingly. . However, banks have warned that the mortgage loan family needs to take into account the actual situation of their loans and the economic capacity of the loan, and they suggest that the citizens who have enjoyed 30 percent off interest rates are not eager to repay the loan in advance.
reporters today in Ji'nan's major banks learned that in June and July last year and July, the central bank has cut interest rates two times successively, the annual interest rate of housing loans was down 0.5 percentage points, and the 5 year and above loan annual interest rates were down to 6.55% from the original 7.05%. According to the banking practice, many people who have handled the housing loan can reduce their burden from today, and the monthly repayment amount will be reduced by a different margin.
reporter learned that at present, the loan amount of the housing loan family in Ji'nan is usually 200 thousand to 500 thousand yuan, and the interest rate is mainly divided into two kinds. One is earlier, and the interest rate preference of 30 percent off and 15% off is generally handled in recent years, and the benchmark rate is generally carried out.
the financial manager of the industrial and Commercial Bank of China, with a loan amount of 500 thousand yuan, a loan term of 20 years, and an equal interest repayment, helped the reporter to calculate an account: an example of a 20 year loan of 500 thousand yuan before the fall of interest rate in June 8th last year,
is calculated at the current benchmark interest rate 7.05%, and the monthly supply is 3891.52 yuan if the new benchmark is carried out. The rate is 6.55%, the monthly supply is 3742.6 yuan, and the difference between the two is 148.92 yuan.
cut interest rates, the monthly repayment amount is small, some property buyers want to remove the pressure on their "mountain" as early as possible, to repay the loan ahead of time. However, the reporter consulted to some financial managers to find out whether the mortgage holders should consider their own actual situation in advance, and some of the buyers who enjoy the interest rate preference and the people with better financial channels are not suitable to repay the loan in advance.
bankers said that at present, the rate of interest rate after 30 percent off loans over 5 years is 4.585%, and the current 5 - year term deposit rate is 4.75%. Therefore, for this part of the population, there is no need to repay the loan ahead of time.
, in addition, there are some people who are not suitable to return the mortgage in advance: one kind is the borrower who uses the same amount of principal and interest repayment. If the number of repayment years is close to the middle period of the repayment, it is not suitable to repay the loan in advance. Because of the same amount of principal and interest repayment, the borrower has more interest in the earlier period, the principal is relatively small, to the mid-term repayment of the repayment of most of the interest, early repayment of the part more is the principal, so this situation in advance to repay the loan is not significant.
another group of people with rich investment channels, if their investment has a more stable income, and the rate of return is higher than the interest rate of the loan, it may not consider the advance repayment for the time being.