Bank of China, Bank of China, e-loan and mortgage loan repayment:

1. Normal repayment: on the maturity date of interest or principal of "mortgage loan", the system will automatically deduct funds from the enterprise's contract repayment account for repayment. Interest will be deducted automatically on the 2nd 1 day of each month, and the principal of the1year loan will be deducted automatically in one lump sum on the loan maturity date. The principal of the 3-year loan will be automatically deducted once every six months according to the agreed repayment plan, and the remaining principal will be automatically deducted on the loan maturity date.

2. Prepayment: The "mortgage loan" loan can be repaid in advance through BOC corporate online banking/corporate mobile banking. In case of partial prepayment, the loan interest shall be calculated on a daily basis according to the number of days occupied by the loan, and all the interest receivable up to the prepayment date shall be collected on the prepayment date.

The above contents are for your reference. Please refer to the actual business regulations.

How to repay after using the house as collateral?

The steps are as follows:

1. One-time principal and interest repayment method: At present, the bank stipulates that the loan period is within one year (including one year), so the repayment method is one-time principal and interest repayment at maturity, that is, the initial loan principal plus the interest of the whole loan period.

2. Matching principal and interest repayment method: The term of mortgage loan for individual house purchase is generally more than one year, so one of the repayment methods is matching principal and interest repayment method, that is, from the second month of using the loan, the loan principal and interest are repaid in equal amount every month.

3. Average capital repayment method: The basic algorithm principle of the average capital repayment method is to repay the loan principal in equal amount on schedule during the repayment period, and at the same time pay off the interest generated by the unpaid principal in the current period. Repayment methods can be monthly repayment and quarterly repayment. Due to the requirement of bank interest settlement practice, quarterly repayment is generally adopted.

Housing mortgage loan refers to a loan that an individual pays a certain proportion of down payment when purchasing a house with property ownership certificate and a house or commercial house that can be traded in the market, and the rest is applied to a cooperative institution with the property to be purchased as collateral.