1. Loan contract: The repayment date is usually clearly stipulated in the loan contract and confirmed by both the borrower and the lending institution. The loan contract is a legal document reached by both parties, which contains important information such as repayment date.
2. Fixed monthly date: Many loan contracts stipulate a fixed monthly repayment date, such as 1 5 or 10. The borrower shall pay off the current payable amount before this date.
3. First repayment: Some loan contracts require repayment to start at a certain date after the first loan. This may be a fixed date, such as 30 or 60 days after the loan date, or it may be a day in a specific month.
4. Interest period: the repayment date is also related to the interest period of the loan. If the interest is calculated on a monthly basis, the repayment date will usually be on the same day of each month; If the interest is calculated quarterly or semi-annually, the repayment date will be adjusted accordingly.
5. Corporate policy: Some lending institutions may have some flexibility in repayment date, which can be adjusted according to the specific situation of borrowers. In this case, the borrower can negotiate with the lending institution to adjust the repayment date.
Summary: the repayment date of mortgage is determined according to the loan contract, which is generally a fixed day every month. There may be special provisions on the date of first repayment, and at the same time, the interest-bearing period and the policies of lending institutions should be considered. If more detailed information is needed, it is suggested to consult the specific institution to be loaned or consult the relevant loan contract documents.
Extended data:
According to Chinese laws, a loan contract is a legal document, which is legally binding on both the borrower and the lending institution. Before signing the contract, the borrower should read the terms of the contract carefully and communicate with the lending institution to understand the repayment date and other important matters. If necessary, the borrower can seek legal aid or consult relevant professionals to ensure his rights and interests.