Loan interest rate in 2020

I. The latest central bank loan interest rate (annual interest rate) in the loan interest rate table of the People's Bank of China.

Six months (inclusive) 4.35%

Half a year to one year (inclusive) 4.35%

One year to three years (inclusive) 4.75%

3 to 5 years (inclusive) 4.75%

More than five years, 4.9%

Second, the provisions of personal loans.

Refers to the principal and loans issued by banks or other financial institutions to natural persons who meet the loan conditions for personal consumption, production and operation. Among them, the basic conditions of the borrower are China citizens with full capacity for civil conduct or qualified foreign natural persons; The purpose of the loan is clear and legal; Good credit status, no major bad credit records; Have the will and ability to repay. On this basis, banks will have different requirements for borrowers according to the characteristics of different loans.

Three, personal bank loans roughly classified

1, according to the different purposes of personal loans, it can be divided into personal housing loans, car loans, study abroad loans, student loans, personal consumption loans, personal business loans and so on.

2. According to the different ways of personal loan guarantee, it can be divided into credit loan and secured loan, and the latter includes secured loan and mortgage loan.

3. According to the different repayment methods of personal loans, it can be divided into installment loans and one-time repayment loans. The former includes average principal, equal principal and interest, installment interest and one-time repayment, equal increase of principal, equal decrease of principal and combined repayment.

Four, personal bank loans matters needing attention

1. Repay by income. The repayment arrangement mainly determines the loan term and down payment ratio. Most bank loans are repaid by installments, that is, the loan principal and interest are repaid in equal amounts every month. When the loan amount is fixed, choosing different loan terms and products will determine different monthly repayment levels. Usually, the longer the loan term or the lower the product interest rate, the smaller the monthly repayment amount, and vice versa. The expected monthly income level is an objective constraint to determine the repayment arrangement. According to the experience of personal loans in developed countries, the average monthly repayment amount accounts for 15-50% of the monthly income level. If it exceeds 50%, the borrower's daily life and consumption level will be adversely affected. In absolute terms, the residual income of a family after monthly repayment should at least be higher than the minimum living standard per capita stipulated by Beijing. Repayment according to income is the most important point of personal loan.

2. Pay attention to the risk of interest rate changes. The personal loan interest rate is a floating interest rate. As long as the People's Bank of China adjusts the interest rate, the interest rate repaid by the borrower will change accordingly, and the monthly repayment amount will also be adjusted from the following year. Borrowers must pay attention to the change of their repayment amount, and be careful not to affect their personal credit because of less repayment or late repayment.

Don't forget to find the bank if you have difficulty in repaying the loan. When the repayment ability declines during the loan period, don't insist on it yourself when there is difficulty in repayment. You can apply to the bank for an extension of the loan period. If the bank investigation proves that there is no default in repayment of principal and interest, you will accept the application for extending the loan term.

What's the loan interest rate now?

How much is the interest on the bank loan?

At present, the bank loan interest rate is determined according to the fluctuation of the benchmark loan interest rate stipulated by the People's Bank of China. Different banks and products will have different interest rates.

At present, our loan interest rate is as follows: 4.85% for loans within 6 months (including 6 months).

Loans from six months to one year (including 1 year) 4.85%

One to three years (including three years) loan 5.25%

3 to 5 years (including 5 years) loan 5.25%

Loans with a term of more than five years are 5.40%. After the promulgation of Article 5, branches can further increase the down payment ratio and interest rate of the second home loan in cities where house prices are rising too fast according to the real estate control objectives and policy requirements of the local people's government. At present, all localities are studying and formulating relevant implementation rules, which can be implemented after being formulated and reported to the head office of the People's Bank of China for approval. Consistent with previous market expectations, in some cities where house prices have risen too fast, the down payment for second-home mortgage may be raised to 70%, and the interest rate may be raised to 1.3 times.

According to the relevant provisions of the state:

1. All localities continue to track and monitor the issuance of individual housing loans, and pay close attention to the interest rate and down payment ratio of the first home loan and the implementation of the housing loan policy for non-local residents.

2. Financial institutions should strictly implement the differentiated housing credit policy, optimize the interest rate structure, and set reasonable prices to meet the loan demand of households for purchasing self-occupied ordinary commodity housing for the first time. According to industry insiders, it is unlikely that the credit policy of the first home will change, and it will still be implemented according to the preferential interest rate of 30% down payment and a minimum of 8.5%. Therefore, the first home buyers need not worry too much about the adjustment of the credit policy.

3. Support the reasonable credit demand of small and medium-sized ordinary commodity housing projects and government land purchasing and storage institutions, and promote the increase of effective market supply.

4. In the future, we should strengthen window guidance, guide banking financial institutions to continue to support the reasonable credit demand of government land reserve institutions and real estate development enterprises on the basis of preventing risks, pay attention to the capital situation of real estate enterprises and its impact on loan quality, and continue to track the changes in real estate financing structure and the trend of foreign capital inflow.

5. It is necessary to improve the financial service level of affordable housing projects, urge banking financial institutions to issue loans to eligible affordable housing projects in a timely manner on the basis of strengthening management and preventing risks, and support qualified enterprises to issue medium-term notes and other bond financing tools in the inter-bank bond market, which will be used exclusively for the construction of affordable housing projects.

What is the national bank loan interest rate?

The national loan interest rate varies according to the types of loans. The types of loans mainly include commercial loans and provident fund loans, and loans can also be divided into long-term loans and short-term loans.

Short-term loans (within one year, including one year): the national loan interest rate is 4.35% per annum.

Medium-and long-term loans: loans from one year to five years (including five years), the national loan interest rate is 4.75% per annum, and loans for more than five years have an annual interest rate of 4.90%.

What is the bank loan interest rate in 2022?

_ Latest Loan Market Quotation (lpr) of China People's Bank in 2022:

Updated on September 20, 2022:

On September 20, 2022, the loan market quoted interest rate (LPR) was 65438+3.65% for 0 years and 4.3% for 5 years and above.

Note: The above LPR is valid until the next LPR release.

Updated on August 22, 2022:

On August 22, 2022, the loan market quoted interest rate (LPR) was 65438+3.65% for 0 years and 4.3% for 5 years and above.

Updated on July 20, 2022:

On July 20, 2022, the loan market quoted interest rate (LPR) was: 1 year, 3.7%, and over 5 years, 4.45%.

Updated on June 20, 2022:

On June 20, 2022, the loan market quoted interest rate (LPR) was 65438+3.7% for 0 years and 4.45% for 5 years and above.

Updated on May 20, 2022:

On May 20, 2022, the loan market quoted interest rate (LPR) was 65438+3.7% for 0 years and 4.45% for 5 years and above.

Updated on April 20, 2022:

On April 20, 2022, the loan market quoted interest rate (LPR) was: 1 year, 3.7%, and 5 years and above, 4.6%.

Updated on March 2, 20221:

On March 2, 2022, the loan market quoted interest rate (LPR) 1 day was 3.7% for a period of five years and above, and 4.6%.

Updated on February 2, 20221:

On February 2, 2022, the loan market quoted interest rate (LPR) 1 day was 3.7% for a period of five years or more, and 4.6% for a period of five years or more.

20221October 20th, updated 65438:

In 2022 1 October 20th, the loan market quoted interest rate (LPR) was:1year LPR was 3.7%, and the LPR over five years was 4.6%.

What's the interest rate for bank loans?

1. What is the interest rate of bank loans in the same period?

The current bank loan interest rate is the interest rate implemented in the current year. At present, the interest rates announced by the People's Bank of China for the same period are as follows: 1. Commercial loan: 65,438+0, the loan term is within one year (including one year), and the interest rate is 4.35%; 2. The loan term is one to five years (including five years) and the interest rate is 4.75%; 3. The loan term is more than five years, and the interest rate is 4.90%.

2. Provident fund loan: 1, the loan term is less than five years (including five years), and the interest rate is 2.75%; 2. The loan term is more than five years and the interest rate is 3.25%.

Major commercial banks will float the above benchmark interest rate, and the specific floating ratio will be determined according to the borrower's qualification, loan type and other factors.

After the borrower knows the loan interest rate, loan term and loan amount, he can use the formula "interest = loan principal loan interest rate loan term" to calculate interest.

: 1. The interest rate of bank loans is the ratio of the interest amount to the average loan occupation in a certain period, which is called interest rate for short.

Its calculation formula is: usually expressed as monthly interest rate and annual interest rate. The relationship between monthly interest rate and annual interest rate is: monthly interest rate × 12= annual interest rate ÷ 12= monthly interest rate.

The relationship between interest and interest rate is: interest = interest rate × principal. If the money is compound interest, then: interest = principal, interest-principal. Where: principal and interest = principal ×( 1 interest rate) term; Or: interest = principal ×.

2. The benchmark interest rate of housing mortgage refers to the unified benchmark interest rate of housing mortgage announced by the People's Bank of China, that is, the highest interest rate of housing mortgage.

When the bank loan interest rate is unstable and fluctuating, the bank can take the benchmark interest rate of housing mortgage loan as the highest current interest rate of bank mortgage loan and lower it by 65,438+00% and implement it.

According to the regulations of the People's Bank of China, the mortgage interest rate of individual housing of commercial banks can be lowered by 15%, but it must be the first self-occupied housing or the first housing loan has been settled.

3. The loan interest rate involves finance and credit. Raising the loan interest rate and expanding the deposit-loan spread will increase the bank's profit, reduce the enterprise's profit and reduce the fiscal revenue; On the contrary, lowering the loan interest rate and reducing the deposit-loan spread will reduce the profits of banks and increase the profits of enterprises, thus increasing fiscal revenue.

The upper limit of loan interest rate is a maximum set by the People's Bank of China, the national financial authority, for the specific implementation standards of loan processing limit and loan ceiling.

Comparison of loan interest rates and non-standard credit interest rates of four major state-owned banks

1, national bank loan interest rate:

The national bank loan interest rate is set by the People's Bank of China. Under normal circumstances, the national bank loan interest rate is lower than the market interest rate. For example, the new consumer loan interest rate is generally 4.35%, which is much lower than the non-standard credit interest rate.

2, commercial bank loan interest rate:

The loan interest rate of commercial banks is generally higher than that of national banks. For example, the interest rate of new consumer loans is generally 5.75%, which is lower than the non-standard credit interest rate, but still higher than the market interest rate.

3, rural financial institutions loan interest rates:

The loan interest rate of rural financial institutions is generally lower than that of commercial banks. For example, the interest rate of new consumer loans is generally 4.8%, which is lower than the non-standard credit interest rate, but still higher than the market interest rate.

4. Irregular credit interest rate:

The interest rate of non-standard credit is generally higher than that of regular bank loans. For example, the interest rate of new consumer loans is generally 7.5%, which is much higher than the interest rate of formal bank loans.