1. When will the mortgage be repaid?
Generally, the mortgage will be repaid the next month after the bank lends money. For buyers who buy existing homes or second-hand houses, the time from mortgage loan to repayment is relatively short, because commercial housing belongs to existing home transactions, and it is difficult to determine the time from mortgage loan to repayment for purchasing new commercial housing. You need to wait for the developer to obtain the pre-sale certificate before you can apply for the mortgage.
Second, how to mortgage to buy a house?
1. Select the repayment method.
There are two repayment methods of mortgage loan, and there are some differences between interest and monthly payment, namely equal principal and interest repayment and equal principal repayment, in which the monthly payment of equal principal and interest repayment is the same, while the monthly payment of equal principal repayment is gradually decreasing. If there are few funds in the near future, the pressure of choosing equal principal and interest repayment will not be great.
2. Repay on time
In terms of repayment, there must be no repayment problem. If the short-term funds are tight and the income is not enough to pay the monthly payment, the repayment will be suspended, which will easily be blacklisted by the bank and affect personal credit information.
3. Time for prepayment
For those who need to repay in advance, we must find the right time. It is not cost-effective to repay in advance in the later period of repayment. At this time, the interest has basically been paid off, and the rest is the principal.
Editor's summary: The above is an introduction about when the mortgage payment will start. I hope what Bian Xiao shared can give you some reference. If you want to know more, you can pay attention to our family. Com for consultation.