How does the mortgage interest rate change from high to low?

1, converted into operating loans

Converting mortgage loans into commercial loans is a common method to reduce loan interest rates.

In fact, operating loans were originally products launched by banks for small and medium-sized enterprises or individual industrial and commercial households. It is a national credit dividend that encourages capital to flow into the real economy.

Because of the characteristics of operating loans, the loan interest rate will be lower, which often saves a lot of loan interest than the mortgage interest rate. Therefore, many borrowers will rely on their own companies to convert their mortgages into business loans through some intermediate means and reduce the loan interest rate.

But such an approach is actually risky.

Operating loans are aimed at business operations, and residents' funds are prohibited from flowing into the property market and the stock market. Therefore, the risk ratio during this period is very large. In addition, the loanable period of business is not as long as that of mortgage, usually three to five years.

If a borrower wants to extend the loan life of a commercial loan, he needs to apply for a loan every five years. The bank will examine and approve according to the information submitted by the borrower every time. If something goes wrong, the consequences will be more serious.

2, commercial loans into provident fund loans.

This method has low risk. The borrower only needs to repay the mortgage for a period of time. After the remaining loan principal is similar to the amount of the provident fund that you can borrow, you can apply to the bank and the housing provident fund center.

However, it should be noted that the comprehensive qualification requirements for borrowers are very high. Generally speaking, the borrower is required to pay the provident fund continuously in the local area for more than one year, with good credit information and considerable income.

3. Change the repayment method

There are generally two repayment methods for real estate mortgage loans, namely, matching principal and interest and average capital. However, mortgage loans can pay interest first, with equal principal and interest.

You can reduce the repayment pressure of monthly payment by "switching" repayment methods. For example, the original matching principal and interest was converted into interest first and then principal, and the same loan was 654.38+0 million, but the borrower's monthly payment was reduced by more than 3800, and the pressure was directly reduced by half.

Finally, we need to remind everyone that the fluctuation of mortgage interest rate has a lot to do with LPR interest rate. If the borrower wants his loan interest rate to be low, he can compare it with the interest rate of LPR in recent years. If he thinks that the LPR interest rate is on a downward trend, he might as well wait, and it may fall in the future.

Second, whether the house can be converted when it is purchased at a higher interest rate or a lower interest rate.

This question depends on the interest rate implemented by the bank where you handle the loan. For example, the bank implements the benchmark interest rate, and the annual interest rate is 6.8%. According to the repayment method of equal principal and interest, the monthly repayment amount is 1526.68 yuan. If the bank raises the benchmark interest rate by 10%, that is, the annual interest rate is 7.48%, the monthly repayment amount is 1608.74 yuan. You need to describe the specific value further before you can calculate it.

3. How can a high-interest mortgage be converted into a low-interest loan?

1.

The repaid mortgage interest rate can be reduced in four ways: 1. Commercial loans are converted into provident fund loans. After the borrower buys a house through a commercial loan, he can convert the commercial loan into a provident fund loan if he meets the conditions for the provident fund loan. Because the commercial loan interest rate is higher than the provident fund loan interest rate, after the loan is successful, the borrower's remaining loan principal is calculated according to the provident fund loan interest rate, which is equivalent to reducing the mortgage interest rate. In the process of lending, the borrower needs to obtain the consent of the original commercial bank first, then settle the remaining commercial loan principal, and mortgage the property to the housing provident fund center, and the housing provident fund center will lend money. The maximum loan amount shall not exceed the remaining principal amount of the original commercial loan, and the longest term shall not exceed the remaining repayment period of the original commercial loan.

2.

Sell the house and then borrow money to buy a house.

Many borrowers in stock mortgage choose fixed interest rate and central bank benchmark interest rate, and banks do not support changing the pricing method again. The borrower can sell the house after the mortgage is settled, or find a bank that supports the second-hand mortgage to sell the house directly, and then go to the loan to buy a house.

As long as the interest rate of buying a house with a later loan is lower than that of the previous mortgage, it is equivalent to lowering the mortgage interest rate.

3.

The repaid mortgage interest rate can be reduced in four ways: 1. Commercial loans are converted into provident fund loans. After the borrower buys a house through a commercial loan, he can convert the commercial loan into a provident fund loan if he meets the conditions for the provident fund loan. Because the commercial loan interest rate is higher than the provident fund loan interest rate, after the loan is successful, the borrower's remaining loan principal is calculated according to the provident fund loan interest rate, which is equivalent to reducing the mortgage interest rate. In the process of lending, the borrower needs to obtain the consent of the original commercial bank first, then settle the remaining commercial loan principal, and mortgage the property to the housing provident fund center, and the housing provident fund center will lend money. The maximum loan amount shall not exceed the remaining principal amount of the original commercial loan, and the longest term shall not exceed the remaining repayment period of the original commercial loan.

4.

Replace mortgage with commercial loan.

That is, the borrower finds a guarantee institution to pay off the mortgage, then mortgages the property to the bank to apply for an operating loan, and then returns the money to the guarantee institution after the loan is issued. Operating loan interest rate is lower than mortgage interest rate, which is equivalent to indirectly reducing mortgage interest rate.

However, this way of borrowing is risky. If the borrower is not an individual industrial and commercial household or a small and micro enterprise owner, he will be investigated for criminal responsibility if he obtains a loan by forging business information and is suspected of defrauding the loan. In addition, the term of operating loans will not exceed 5 years at the longest, which will bring great pressure on borrowers to repay loans.

Fourth, how to turn mortgages into low interest rates?

The method of converting high-interest mortgage into low-interest loan is as follows:

1, increase the down payment price. For many property buyers, buying a house in full is undoubtedly the most worry-free operation, because buying a house in full means no need for bank loans. Since there is no bank loan, there is no mortgage.

But there are many problems in buying a house in full! In this era of high housing prices, a suite costs one or two million at a time, let alone a ridiculous first-tier city! Although you don't need to buy a house in full, you can increase the down payment and reduce the burden of repayment in the future if conditions are sufficient.

2. The borrower's loan will depend on his own credit situation! Generally, the mortgage interest rate given by different borrowers will be different. If your loan application conditions are poor, then the mortgage interest rate may be quite high! For this problem, family members with relatively good family conditions can apply for a mortgage, which may lower the mortgage interest rate in disguise.

With the increasing phenomenon of mortgage application, the problem of personal credit information is also taken a fancy to now, so if you have the need to buy a house, you must pay attention to keeping your personal credit information good at ordinary times.