1. I have some spare money but no better income channel. This is a major premise. If you can't find a better income, you may wish to repay in advance to reduce the repayment pressure. After all, it's good for stock funds not to lose money this year.

The mortgage interest rate is too high.

The interest rate of the provident fund is only 3.25%, so there is no need to repay in advance. If the withdrawal amount of the provident fund can cover the mortgage, it is not recommended to repay in advance.

If the mortgage interest rate is greater than 5%, it is recommended to repay the loan in advance, because the current rate of return is basically below 5%. If you don't want to take other risks, it is recommended to repay the loan in advance.

3. Single income group

Single-income people have poor ability to resist risks. If they have no confidence in the future, their job is not an iron rice bowl. It is suggested to reduce their mental stress and repayment pressure by repaying the loan in advance. Inflation is a trend, but the benefits have not increased correspondingly, and the risks have increased. Inflation has nothing to do with you.

4. There is no handling fee

Every bank has different requirements. At present, there is no work or construction, and the procedure is very simple. You should call the bank in advance to ask.

The house was owned by the bank before it was returned. If you are just ordinary migrant workers, leave some cash to resist possible risks and repay some loans in advance to reduce your mental burden.