Your interest is so high. If it is repaid normally, the loan principal is 1.003 minutes, and every month for three years is 703,703 x 36 = 25,308. If you subtract the principal 1.003, the interest for three years is more than 1.002 thousand. This is usury, several times higher than usury. You paid it back in three years normally, but please call to find out the situation.

Early repayment is the part that the borrower pays more than the monthly principal and interest. The prepayment without fully paying off the mortgage loan is called partial prepayment. Through contractual arrangements, it is forbidden to repay in advance within the agreed time limit, which is called lock-up period. The lock-up period is 2- 10 years. After the lock-up period, the guarantee of prepayment usually adopts other methods, such as prepayment penalty or rate of return maintenance fee.

Prepayment includes full prepayment, partial prepayment with unchanged loan term and partial prepayment with shortened loan term. The loan bank can only accept the application for prepayment of personal loans from the second repayment month. Although prepayment can save interest expenses, there are four types of buyers who are not suitable for prepayment.