@乐山人，下月起，你的月供要降了！

Core Viewpoint - The People's Bank of China has announced a reduction in the personal housing provident fund loan interest rates, effective from May 8, 2025, which will lower monthly payments for borrowers [1][4]. Summary by Category Interest Rate Adjustments - The interest rates for personal housing provident fund loans will be reduced by 0.25 percentage points. The new rates for first-time homebuyers will be 2.1% for loans of 5 years or less and 2.6% for loans over 5 years. For second-time homebuyers, the rates will be no less than 2.525% for loans of 5 years or less and 3.075% for loans over 5 years [1][3][6]. Financial Impact - For a family applying for a first-time housing provident fund loan of 1 million yuan with a 30-year term, the monthly payment will decrease from 4,135.57 yuan to 4,003.4 yuan, saving 132.17 yuan per month. The total interest paid over the loan term will also decrease from 488,800 yuan to 441,200 yuan, resulting in a total savings of 47,600 yuan [4][6]. Automatic Adjustment - The new interest rates will be applied automatically without the need for borrowers to submit a new application [3][4].