There is no best time.

Decoration loans are mostly five years, because low interest rates are its characteristics. Therefore, if you repay in advance, you will also deduct unused regular interest and liquidated damages, which is not cost-effective. It is recommended not to repay in advance.

If you have sufficient funds and insufficient self-control, you can still settle your debts in one lump sum, which will save a lot of interest.

Second, how many periods can decoration loans generally be repaid? explain

As we all know, housing prices are high and loans are needed. What about decoration? The bigger the house area, the better the decoration materials, the higher the decoration design level, and the price of decoration is not low, at least hundreds of thousands. If you can't pay in full, you need a loan. Then, after the loan is successful, how many periods can the decoration loan generally be repaid? Next, let's take a look.

How many installments can a decoration loan generally repay? Generally, the maximum repayment period can be 120, that is, the maximum renovation loan can be 10 years. For example: 1, China Construction Bank's "home improvement loan", the maximum loan amount does not exceed 1 10,000, and the longest loan period does not exceed 5 years. 2. The "renovation loan" of Industrial Bank is applicable to the renovation of commercial housing, and the longest loan period is 10 year. 3. Agricultural Bank of China "Personal Comprehensive Consumer Loan", with the maximum loan amount of 5 million and the longest loan term of 10 year. 4, Bank of Communications "personal housing renovation loan", the loan period is generally 3 years, the longest no more than 5 years. 5. China Merchants Bank's "lightning loan", the maximum loan amount does not exceed 1 10,000 yuan, and the longest loan period is 5 years. There are also some small consumer loans that only rely on personal credit applications, and loan funds can also be used for home decoration. The loan term is generally 3 years, that is, it can be repaid in 36 installments, such as ICBC e-loan and Guangfa e-second loan. In a word, the loan amount and loan term of decoration loan actually depend on the comprehensive qualification of the applicant and the loan guarantee method provided. If the decoration loan is a pure credit guarantee, the loan amount will generally not be very high, and the installment repayment will naturally not be too long. However, if the decoration loan is secured by real estate mortgage, the loan amount will be as high as several million, and the loan installment will naturally be longer, otherwise the installment will be too short, resulting in great pressure on monthly repayment. The above is about "how many periods can decoration loans generally be repaid", and I hope it will help everyone.

3. How many installments can the decoration loan be divided into at most?

The company is interest-free for one year, and the management fee is five cents a year after one year.

4. How much can a decoration loan generally borrow?

1. If the lender applies for a decoration consumer loan from the bank, both ICBC and CCB stipulate that the single loan amount shall not exceed RMB 6,543,800+0.5 million in principle, and shall not exceed 50% of the total cost of the decoration project; The Bank of China stipulates 80% fee.

2. If real estate is used as mortgage loan, the loan amount obtained shall be assessed relative to the mortgaged real estate, and the loan amount shall not exceed 70% of the assessed price of the collateral.

Three, the use of pledge, the maximum loan amount shall not exceed 90% of the value of the pledge right certificate; Find someone to determine the loan amount by grade, and the maximum amount shall not exceed 600,000 yuan.

4. If the local area can apply for provident fund loans, the lender can apply for a single item, and the loan amount cannot exceed the total cost of the decoration project, and the provident fund decoration loan is not supported.

Five, if the lender is a qualified bank, the general maximum loan amount is 500 thousand yuan.

6. If the lender holds the letter, bank employees and company executives can apply for credit card installment loans from the bank. The general limit is10-200,000 yuan, and the installment amount of individual products can reach 500,000 yuan.

fix

I. Handling channels

The borrower handles personal housing renovation loan business through the bank.

Second, the handling process

1. When the borrower applies for a loan for housing renovation, he must apply at the business outlet where the business is started, fill in the application form, submit relevant materials and go through relevant guarantee procedures.

2. The account manager shall sign the loan contract after the approval of the examination and approval department of the investigation organ.

3. The account manager handles the loan procedures and transfers the money to the borrower's personal settlement account in our bank, so that the customer can use the loan funds.

4. Borrow money, or leave enough repayment amount in a deposit account or bank card, and entrust the loan bank to withhold repayment.

5. After the loan is settled, the bank terminates the creditor-debtor relationship with the customer and goes through the relevant formalities.