When applying for a mortgage, as long as the cardholder has not been overdue for three or six times in two years, and the overdue amount is not large, the bank will still be willing to approve the loan, but the loan interest rate will be raised, that is, it will rise above the benchmark interest rate.
As for the floating amount, it depends on the number of times you are overdue and how the bank stipulates it.
However, I heard that the mortgage interest rate of a credit card will rise by 5% once overdue, 10% twice overdue, and some will even rise by 15%. Don't look at 5%. It doesn't seem like much, but if you want to calculate it, you have to pay tens of thousands of loan interest.
The following is an example of calculation:
For example, if you borrow 500,000 yuan for 30 years, your benchmark interest rate is RMB yuan per month, interest is RMB yuan, and the total repayment amount is RMB yuan;
If the interest rate rises by 5% once overdue, the same loan will last for 30 years, with the benchmark interest rate of 500,000 yuan, and the average monthly repayment will be RMB, with interest paid, and the total repayment will be RMB.
Compared with the former, the latter has to pay a few more yuan each month and a few more yuan each year. The total interest will exceed 39 125 yuan.
And if you use this yuan to make a fixed expected return investment, and the annualized expected return for one year is 8%, then there are also yuan. After 30 years, the principal and interest may be tens of thousands! But now it's gone ~