1. Full prepayment means one-time settlement of mortgage principal and interest. After all prepayment, the interest will be calculated from the day when the principal and interest of the bank are paid off. In other words, as long as you borrow money from the bank, the interest will be calculated. 2. Partial prepayment means that only a part of the loan principal and interest is repaid, and the remaining principal and interest are not settled. The outstanding loan principal and interest shall be implemented according to the loan interest rate agreed in the original loan contract (if there is a discount, it will continue to be preferential).

For some unpaid loan balances, there are two repayment methods to choose from. First, shorten the repayment period, and the monthly payment amount is inconvenient. The other is to keep the repayment period unchanged and reduce the monthly payment. In contrast, the first one can save more interest.