Low Interest Rate Financial Management Era Should Not Easily Repay The Loan Ahead Of Time

Since November 2014, the central bank has cut interest rates many times. The one-year deposit benchmark interest rate has dropped from 3% to 1.5%, which is equivalent to a cut in the money. It costs ten thousand yuan to deposit in the bank for only 175 yuan a year. Let alone win the inflation, the money bank has become poorer and poorer. The proceeds of banks' property, baby products, bonds and equity funds have entered the downlink channel.

Do you know how low the current mortgage interest rate is? How much is the interest rate of the home loan? The central bank's benchmark interest rate over 5 years has dropped from 6.15% at the beginning of the year to 4.9%, the lowest in 10 years, while the interest rate on the provident fund loan is even lower than that in the 5 years. For mortgage customers, shoulder pressure is really unloaded.

In April, the average interest rate of the first suite in China was 4.52%, creating a new minimum record. At this point, if you still have the loan balance, you do not have to pay in advance to save interest, and if you plan to apply for it, loan It is better to use the full quota and not miss this rare low interest rate.

The reason for such a proposal is that it is the least cost way to borrow money on the market. Instead of trying to raise money from other places, it is better to use sufficient provident fund loans and commercial loans to ensure adequate cash flow and financial assets to meet other expenses when buying houses.

At the same time, from the point of view of revenue, although the deposit rate is decreasing, the expected return rate of financial products (excluding structured financial products) is higher than 4.9%, and most of them can achieve the expected return at the time of maturity, which can be regarded as a very sound investment. Therefore, it is not difficult to cover the interest of mortgage loans steadily.

In the past, no matter which bank was deposited, the profits were almost the same. Big banks Attract customers by virtue of many outlets. But now things are different. interest rate The difference in deposit earnings between different banks is likely to persist for a long time. If a deposit is not calculated, it will become poorer and poorer.

We know that there are four ways to adjust the interest rate of the house loan. First, when the central bank adjusts the interest rate next month, it begins to calculate the monthly supply according to the new interest rate; the two is to implement the new interest rate from the next year when the central bank adjusts the interest rate; the three is to implement the new interest rate after the loan is full one year from the bank; four, the fixed interest will never be adjusted. Once the contract is signed, it can not be changed.

Given that the current interest rate is low, new borrowers can consider fixed interest rates or a full year loan adjustment. Although the possibility of reducing interest rates in the future is not ruled out, the space is limited. At the same time, the term of mortgage often takes ten years or twenty years, so as to lock down the low interest rate cycle as long as possible, so as to reduce the cost of mortgage loans.