Shenzhen's mortgage interest rate has fallen, how much does monthly supply save?

25.08.2022

Number of this text: 1199, reading time for about 2 minutes

Guide: Shenzhen's first home loan interest rate dropped to 4.6%, and the two sets were reduced to 4.9%.

Author | First Finance Guo Haoyi

On August 24th, the reporter learned that many large banks such as Industrial and Commercial Bank of China and Construction Bank in Shenzhen learned that many bank loan interest rates in Shenzhen have reduced 15 basis points at the new 5 -year LPR quotation.

At present, most of the bank loan interest rates in Shenzhen are LPR+30bp, and the two sets are LPR+60bp. Based on the 4.3%of the latest 5 -year LPR, the interest rate of most of the banks in Shenzhen from 4.75%to 4.6%, and the interest rate of the two -suite from 5.05%to 4.9%.

In addition to stimulating the demand for the housing market, the decline of LPR can further reduce the mortgage pressure of the buyers. Mr. Ye, a home buyer in Shenzhen, told reporters that the reduction of the mortgage interest rate for the buyer means that it will save a considerable amount of money.

Mr. Ye and the reporter calculated the account. Based on the 2.7 million commercial loan, 30 years of term, and equivalent principal and interest, he had more than 4.95%of the LPR of 5 years when he bought a house and 14,412 yuan for the monthly supply. The LPR is reduced to 4.6%, and the monthly supply next year may be reduced to 13,841 yuan. It can pay 571 yuan per month, and the total repayment amount will be reduced by 206,000 yuan. "Although the monthly supply will change immediately, we can also enjoy the discount of interest decline." Mr. Ye said.

In addition, Guangzhou's first mortgage interest rate has also declined. A real estate agency in Guangzhou introduced to reporters that the lowest interest rate of the first home loan of the four major banks is 4.3%, and the lowest interest rate of two sets of mortgages is 5.05%. "The first 5 -year LPR was 4.65+50bp, almost about 5%." The intermediary said.

In fact, with the third round of interest rate cuts at the central bank, the news of the mortgage interest rate has been reduced in recent times. The reporter sorted out and found that there are already more underground mounts in Guangdong Province. According to the latest data of the Shell Trading Service Center, the interest rate of the first settlement of most of the banks performed by most Foshan banks has fallen to 4.1%; the interest rate of the first settlement of the four major banks in Huizhou is 4.25%; The loan interest rate is as low as 4.25%.

On August 22, the central bank announced the latest loan market quotation interest rate (LPR). The first -year LPR dropped from 3.7%to 3.65%, and LPR above 5 years dropped from 4.45%to 4.3%.

It is worth mentioning that this is the third time the 5 -year LPR has been lowered this year. The adjustment distance from the central bank announced on May 20, which was only three months. Since the beginning of the year, LPRs over 5 years have fallen 35 basis points. After this round of interest rate cuts, the 5 -year loan interest rate has entered the lowest level in nearly 20 years.

Li Yujia, chief researcher at the Guangdong Housing Policy Research Center, pointed out that the reduction of LPRs, stabilizing real estate consumption, stabilizing land and housing value, stabilizing the value of mortgage, the recovery of real estate financial accelerators, and the whole society's credit can stabilize. Of course, this is a process. In the short term, the most important thing to do is to consolidate the stable situation of real estate sales since May, so that the situation in the property market has reappeared since July.

"At the same time, it is necessary to consider that if you want to stabilize the real estate consumption, you also need to work hard on the income of the residents. It is very simple, the income is unstable or even down, and the expected is not cheerled. It is also difficult to really improve everyone's enthusiasm for buying a house. "Li Yujia further added.

Real Estate economist Deng Haozhi believes that the reduction of mortgage interest rates is an important factor in reducing the cost of house purchase. This measure can appropriately reduce the cost of buying house purchase and stimulate the demand for house purchase. Improve market purchasing power and stimulate the recovery of the property market.

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