Legal subjectivity:

Prepayment under the non-free repayment method adopts the equal monthly average principal repayment method, and the lending bank is Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China, etc. When borrowers from banks and Bank of Communications apply for early repayment, they should avoid the repayment date and three working days before and after. The borrower should bring the original and copy of his or her ID card and the original of the "Loan Contract" to the The loan business department handles early repayment procedures. Borrowers who adopt the equal monthly average or equal principal repayment method, and the lending bank is China Construction Bank, when applying for early repayment, they should avoid the deduction period and three working days before and after. The deduction period is 25 days per month. From the end of the day to the end of the month, the borrower shall go to the loan business department to handle the early repayment procedures with the original and a copy of his or her ID card and the original "Loan Contract". It should be noted that if the loan is overdue when the borrower applies for early repayment, the loan principal, interest and penalty interest during the overdue period must be paid before the loan business department can accept it. If you used to apply for a loan at the management department of Chengli District 6, then the loan business department is the loan center located in Building 18, Fangchengyuan District 3, Fangzhuang. If the loan is processed at the county management department in an outlying suburb, go to the management department. For early repayment of part of the housing provident fund loan, the repayment amount must be an integral multiple of 10,000 yuan. Early repayment under the free repayment method For borrowers who use the free repayment method, if they want to repay the loan in full in advance, they have two options: repay on the repayment date stipulated in the contract or repay on a non-contract repayment date. Pay off the loan. Repaying the entire amount in advance on the repayment date stipulated in the contract can be completed in two ways: 1. Operate through the 12329 agreed repayment amount. 2. Process through the loan business department. If the loan is paid off in full on a non-contracted repayment date, the borrower should bring the original and a copy of his or her ID card and the original loan contract to the loan business department to apply, and at the same time set an agreed repayment date. Is it cost-effective to repay housing provident fund loans in advance? Prepayment of housing provident fund loans should be determined based on your own situation. If you have no better investment channels and have more spare money on hand, you can choose to repay in advance. After all, repaying in advance can be less than the original loan plan. There is also a lot of interest; another important point is that compared with the early repayment of commercial loans, there are no handling fees or liquidated damages for early repayment of provident fund, which is equivalent to saving an additional part of the expenses, so it is a good idea to use idle funds to repay the provident fund early. A great way to save money. However, if you repay the loan in advance, your liquidity will inevitably be reduced. If you encounter good investment channels or other situations where you are in urgent need of funds, you may be stretched. For example, some home buyers hurriedly refinance the loan within a few years of the loan. I paid them all back, but after buying the house, I still needed a lot of money to renovate the house. In order to renovate the house, I had to go to the bank to apply for a consumer loan. Under the premise of the same loan amount, the interest expense of such a loan is much greater than the interest expense of a provident fund loan. , therefore whether the housing provident fund should be repaid in advance should be fully considered based on various factors and based on one's ability. Legal objectivity:

Article 26 of the "Housing Provident Fund Management Regulations" Employees who have paid housing provident funds may apply for housing provident funds from the Housing Provident Fund Management Center when purchasing, constructing, renovating, or overhauling their own homes. loan. The Housing Provident Fund Management Center shall make a decision on whether to grant a loan or not within 15 days from the date of accepting the application, and notify the applicant; if the loan is granted, the entrusted bank shall handle the loan procedures. The risks of housing provident fund loans are borne by the housing provident fund management center.