1, mainly depends on which bank you borrowed money from. Different banks have different requirements for repaying loans in advance. Some banks have to repay their loans for more than three years before they can repay their loans in advance. Even if most banks accept early repayment, they will charge a certain penalty.

2. In addition, you should carefully calculate whether it is cost-effective to repay in advance. If you apply for a mortgage at a 30% interest rate, and it is only 6.5438+0.3 million yuan, it is recommended not to repay in advance. After all, there is no 30% discount loan interest rate now. You should make good and reasonable use of the bank's money to develop. Spare money can be used for investment or deposited in the bank. If the income is more cost-effective than repaying the loan, should I pay it back in advance?

I wonder if this answer is satisfactory?