1. If the loan has been approved but not issued, the new interest rate adjusted by the state shall be implemented;
2. The latest national interest rate is implemented from the loan business interest rate to 65438+ 1 in the following year.
At the same time, many people do not know the importance of interest rate adjustment. There are generally four "interest rate adjustment methods" in loan contracts:
-Starting from the month following the central bank's interest rate adjustment, calculate the monthly payment at the new interest rate;
-Calculate the monthly payment at the new interest rate from the year after the central bank adjusts the interest rate;
-Starting to calculate the monthly repayment amount at the new interest rate one year after the bank issues the loan;
-Fixed interest, never adjusted;
If you keep cutting interest rates, it is definitely the most economical time to adjust interest rates from next month. But if it is a rate hike cycle, the cost will be higher. Therefore, the general consensus at present is: starting from next year.
Therefore, the central bank's interest rate cut will not be adjusted to the latest interest rate immediately, and the latest national interest rate will not be implemented until the following year 1
For example, take the "interest rate cut" period from 20 14 to 20 15 as an example. 150,000 loan for 30 years,15 months, the interest rate adjustment cycle is shorter than the fixed interest rate, saving nearly 20,000 yuan!
So what bank you choose and how to sign a contract will affect your "repayment amount".