The bank cut the interest rate today, and the 10 years I borrowed two years ago , how much did it d

The central bank decided to lower the benchmark interest rate on loans, and it will be adjusted for more than 5 years.

China's central bank (PBOC) said on Monday that in order to maintain the steady, rapid and sustained development of the national economy, the central bank will cut the benchmark interest rate for one-year yuan loans by 27 basis points from Tuesday, and will cut the renminbi reserve ratio for small and medium-sized financial institutions from September 25.

In an effort to prevent excessive economic growth and curb inflation, China's central bank has been raising interest rates and raising banks' reserve requirement ratios.

The policy, announced during public holidays, shows that the primary objective of the policy has shifted to boosting economic growth.

The People's Bank of China (PBOC) said in its announcement that the benchmark deposit rate for the renminbi will remain unchanged.

The central bank decided to cut the benchmark lending rate and the reserve requirement ratio.

17:06, 15 September 2008 (UTC) People's Bank of China**.

The People's Bank of China decided to cut the benchmark lending rate and the reserve requirement ratio.

In order to implement the arrangements for economic work in the second half of the year, solve the outstanding problems existing in the current economic operation, implement the principles of differential treatment, retention pressure, and structural optimization, and maintain the steady, relatively fast, and sustained development of the national economy, the People's Bank of China decided to lower the benchmark interest rate for RMB loans and the RMB reserve ratio for small and medium-sized financial institutions

Starting from September 16, 2008, the benchmark interest rate for one-year RMB loans will be lowered by one percentage point, and the benchmark interest rate for loans of other maturity grades will be adjusted accordingly in accordance with the principle of short-term more adjustment and long-term less adjustment; The benchmark deposit rate remains unchanged.

Starting from September 25, 2008, except for the Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, and Postal Savings Bank, the RMB reserve ratio of other depository financial institutions will be reduced by 1 percentage point, and the deposit reserve ratio of local corporate financial institutions in the hard-hit areas of Wenchuan will be reduced by 2 percentage points. (ENDS).

Adjustment table of benchmark interest rates for RMB loans of financial institutions.

Unit: % Pre-Adjustment Interest Rate Adjusted Interest Rate Adjustment Magnitude.

1. Loans.

Six months, one year, one to three years.

Three to five years. More than five years.

2. Personal housing provident fund loans.

Less than 5 years (including 5 years).

More than five years.

Is there such a good thing? It's supposed to be settled every year, right?!

The loan will not be lowered until the interest rate is reduced.

1. If the user chooses a fixed interest rate when applying for a previous loan, the mortgage interest rate reduction will not have an impact on the interest rate of the previous loan. In this case, the mortgage interest rate will be reduced, and the previous loan will not be lowered.

2. If the previous loan chooses a floating interest rate, then after the mortgage interest rate is reduced, the previous loan will also have the opportunity to reduce the interest rate, but the interest rate will not be lowered immediately. Because the interest rate of the mortgage is only adjusted once a year, the default repricing date is January 1 of each year, if the mortgage interest rate of the previous year has been reduced, it will take until the next year to enjoy the benefits of the mortgage interest rate reduction, and the reduction will be calculated according to the cumulative reduction of the interest rate of the loan market ** in the previous year.

After the mortgage rate is lowered, the previous loan will not necessarily follow. It can be divided into the following two cases:

1. If the bucket wheel Luhu chooses a fixed interest rate when applying for a previous loan, then the mortgage interest rate reduction will not have an impact on the previous loan interest. In this case, the mortgage interest rate will be reduced, and the previous loan will not be lowered.

2. If the previous loan has chosen a variable interest rate.

Then after the mortgage interest rate cut, the previous loan also has the opportunity to reduce the interest rate, but the interest rate will not be cut immediately. Because the interest rate of the mortgage is only adjusted once a year, the repricing date defaults to January 1 of each year, if the mortgage interest rate of the previous year.

The cumulative reduction is calculated.

Whether the interest rate of the loan will be lowered with the mortgage interest rate reduction mainly depends on the interest rate model selected by the user when applying for the loan, if the floating interest rate model is selected, there is a chance to reduce the interest rate, if it is a fixed interest rate model, then the interest rate will not be reduced.

The loan will not be lowered until the interest rate is reduced. Laugh

1. If the user chooses the fixed interest rate of the mask when applying for the previous loan, the mortgage interest rate reduction will not have an impact on the interest rate of the previous loan. In this case, the mortgage interest rate will be reduced, and the previous loan will not be lowered.

2. If the previous loan chooses a floating interest rate, then after the mortgage interest rate is reduced, the previous loan will also have the opportunity to reduce the interest rate, but the interest rate will not be lowered immediately. Because the interest rate of the mortgage is only adjusted once a year, the default repricing date is January 1 of each year, if the mortgage interest rate of the previous year has been reduced, it will take until the next year to enjoy the benefits of the mortgage interest rate reduction, and the reduction will be calculated according to the cumulative reduction of the interest rate of the loan market ** in the previous year.

3 times 1, March 1, 2015 Downgraded to.

2, May 11, 2015 from the downgrade.

3,2015-06-28 Reduced from 565% to Hope Helps!