According to experts, the best repayment time is within three to five years after buying a house, and it is best to pay it off at one time, because the interest during this period will not be too high. However, I want to remind you that if you repay the loan in advance, there will be a certain penalty, which is stipulated in the loan contract. And if you are wrong, you will lose more than you gain, and the interest will be calculated monthly. For example, if we pay back 200,000 yuan first, the bank will give you three months' interest, which means you have to pay 4.9% interest, which means you have to pay back 2,450 yuan. Secondly, it can be repaid in whole or in part. If it is paid in advance, it is usually an integer multiple of 10000.

Is it suitable to repay the loan in advance?

First, it is suitable for people who repay loans in advance.

Some people are very sensitive to debt and have great psychological pressure. In order to reduce their psychological burden, they don't want to bear too much debt, and they will choose to repay in advance. If you have no other ideas and you happen to have a large sum of money, you can deposit it in the bank, so you can save more interest. Therefore, it is best to get a loan at this time. Second, as we all know, a mortgage loan is mortgaged by a house, so you can use it to mortgage a loan.

Second, it is not suitable for prepayment.

Since some people can repay in advance, naturally some people are unwilling. Not inappropriate, but inappropriate. First of all, if you have more money, you can use it in better places. If it's something you prefer, you don't need to pay in advance. Of course, some people will borrow money through the housing provident fund, but you should know that the interest rate is very low and you can easily solve this problem. Finally, your loan has been repaid by half, which means that your loan has been repaid by one third, which means that the interest you can save is limited, and you don't need to repay the loan in advance, so you can repay it slowly, so there is not much pressure on you.