1. What can be used as collateral for bank mortgage loans?
1. 1
Real estate. Bank mortgage loans can first be used to mortgage real estate, such as individual housing, family housing, real estate factories, shops and so on. Mortgage loans with real estate generally need to be evaluated first, and after evaluation, the loan can reach 70% to 80% of the evaluation price.
1.2
2. How to calculate the prepayment interest of the renovation loan of Agricultural Bank of China?
The prepayment interest of agricultural loan is calculated to the repayment date.
For prepayment of agricultural decoration loans, according to the relevant provisions of loans, the borrower applies to the bank for prepayment, and after the bank agrees, the loan will be repaid in advance, and the interest will be calculated to the repayment date.
Some banks stipulate that the borrower's early repayment is a liability for breach of contract, and a certain penalty should be paid for early repayment.
Third, can the renovation loan be repaid in advance? I borrowed a decoration loan from the Agricultural Bank before, and now I want to.
You can return it in advance, but you must report it to the bank one month in advance!
4. Can the renovation loan be repaid in advance?
For those who can repay the loan in advance, most banks require the applicant to apply for early repayment of the loan from the loan bank after successfully handling the mortgage for one year. Many banks can also repay their mortgages in advance for the whole year, but in this case, banks will charge a certain penalty. As for the collection of liquidated damages for prepayment, each bank is different. If you must repay the mortgage in advance in less than one year, you must first consult the bank that loaned it. The algorithm of liquidated damages for early repayment of bank decoration loans is divided into the following two forms: 1, and the liquidated damages are interest for several months. 2. Calculated according to the percentage of prepayment amount (generally 1%-3%). According to the different repayment methods, the borrower can choose to reduce the term or amount. Most banks can provide five ways to repay loans in advance for customers to choose from; Repay all in advance, that is, pay off all the remaining loans at one time (without interest, but the interest paid is not refundable). Some loans are repaid in advance, and the monthly repayment amount of the remaining loans remains unchanged, shortening the repayment period (saving more interest). In the case of partial prepayment, the monthly repayment amount of the remaining loans is reduced and the repayment period remains unchanged (reducing the monthly payment burden, but the saving degree is lower than the second one; If part of the loan is repaid in advance, the monthly repayment amount of the remaining loan will be reduced and the repayment period will be shortened (saving more interest). The remaining loans keep the total principal unchanged and only shorten the repayment period. The applicant has successfully handled the installment payment business. If he applies for prepayment, he must pay off the remaining principal in one lump sum and bear the corresponding handling fee according to the number of recorded installments. If the applicant adopts the one-time payment method of handling fee, the handling fee corresponding to the remaining unrecorded period of the applicant shall be refunded; If the applicant adopts the method of installment payment, the handling fee corresponding to the remaining unrecorded period of the applicant will not be charged. 1. Repay the mortgage in advance. After the mortgage is over one year, most banks will not charge liquidated damages. Of course, a few banks will charge some liquidated damages for the mortgage within 2-5 years. The collection of liquidated damages generally ranges from 3% to 5%. 2. In addition, individual prepayment also depends on whether it is paid off in advance or part of the loan. If it is a partial loan, the bank will have a minimum repayment limit. Therefore, it is recommended to consult the bank of the loan before repaying the mortgage in advance to understand the relevant provisions of prepayment. 3. The borrower may apply for early repayment according to the conditions agreed in this contract, but it must submit a written application to the lender in advance and handle it with the consent of the lender.