After commercial loans and provident fund loans are handled at the same time, the repayment methods are as follows:
According to your repayment ability, shorten the life of commercial loans as much as possible. Because the interest rate of commercial loans is relatively high, according to your repayment ability, shorten the life of commercial loans as much as possible.
Use all provident fund loans to extend the loan term as much as possible. Among the loans, the loan interest rate of provident fund loans is relatively low. If you apply for a portfolio loan, it is more cost-effective for the lender to extend the loan period with sufficient provident fund.
You can withdraw the provident fund to repay the loan. The balance of the provident fund account can offset the monthly payment of provident fund loans, and the remaining balance can also offset commercial loans, which is more economical.
According to your actual situation, if your repayment ability is ok, try to repay in advance.
The above are the repayment methods commonly used for portfolio loans. You should plan a reasonable repayment according to your income and the actual situation of the loan.