Yes, this loan can be repaid in advance after interest is deducted. Users only need to enter their Ant Loan page and click the repayment button on the page to view their corresponding repayment bills for each period, find all settlements on the page, and click Submit to complete the prepayment of Ant Loan. There is no service fee for prepaid “Ant Loan”. Interest is calculated on a daily basis. The specific loan interest rate varies from user to user, generally between 1.5-6/10000. When settling an Ant loan in advance, the interest charges for a one-time full settlement are different from those for partial settlement. If the user does not repay all the loans within a period and pays off all the loans early, for example, the user's loan interest rate is 4/10000 and the loan period is 15 days, then the interest is: loan principal * 0.04 * 20. The user has returned part of the repayment. If the remaining part is a one-time settlement later, the interest of the repayment part is calculated based on the initial interest, and the remaining interests are calculated based on the specific number of days later using the application settlement.

1. According to the loan regulations, the loan can be repaid in advance after deducting interest. Loan interest only needs to be calculated based on the actual number of days, and no additional handling fees are required. Users only need to enter their own Ant Loan page and click the repayment button on the page to view their corresponding repayment bills for each period, then find all settlements on the page and click Submit to complete the prepayment of Ant Loan . Principal and interest repayment means that during the loan period, only the interest for the first few months is repaid every month, and the principal and interest for the current month are repaid once in the last month. In the past few months, only the interest has been repaid, and the repayment pressure has been relatively small, but in the last period, the principal and interest need to be repaid at once. If the willingness to repay is not strong, repayment delays are more likely.

2. Let the ants borrow it. They can be repaid early, after interest is deducted. After 12 months, 6 months of interest will be paid off, and the remaining 6 months will be paid off in one lump sum. Only the principal needs to be repaid. Ant Loan supports borrowing and repaying at any time, and interest will be charged on a daily basis for early repayment. The handling fee is subject to the page display. There are two types of early repayment: partial early repayment and full early settlement. If you choose to reduce the monthly payment or shorten the loan term for partial prepayment of the loan, the bank's staff will explain it in detail when the customer applies, and calculate it based on the information provided by the customer.

Operating environment

vivoX27 OriginOS

Alipay version number 10.2.33