You don't have to go in person to repay the mortgage in advance. If the borrower can't handle the mortgage loan at the bank outlet in advance, he can entrust others to handle it, but when entrusting others to handle it, he needs to prepare his ID card, repayment card and authorization certificate before handling it. General banks will handle it for users.

When the borrower repays the mortgage in advance, it is best to call the bank in advance for consultation, so that you can accurately know the information you need when you repay it. When the mortgage is returned in advance, it can be returned in part or in full. However, after the full return, the house needs to be lifted, and the house can be completely owned by itself after the lifting. Pay special attention to this point.

When the mortgage is partially repaid in advance, the user can choose to keep the repayment amount unchanged, which will shorten the repayment time; If the loan time remains the same, the monthly repayment amount will be reduced. Borrowers can choose according to their actual situation, and it is recommended that you shorten the repayment time without pressure.

Users should also consider how long they have paid their mortgage when they repay it in advance. If the mortgage repayment time has exceeded half of the total loan time, there is no need to repay the mortgage in advance. Because the loan interest has been paid almost, the interest saved by early repayment is relatively small.

In fact, if users have better investment and financial management projects, they can invest with the money returned in advance, and the income can make up for interest expenses. However, when investing in financial management, we should pay attention to risks and avoid causing losses to individuals. If the borrower doesn't want to be in debt, he can repay directly at this time, no matter how much interest is saved.

Requirements for early repayment of mortgage loans

1. If the borrower wants to repay the loan in advance, it must have been repaid for more than half a year, or even more than one year as required by individual banks.

2. If the borrower wants to repay the loan in advance, he usually needs to bring his ID card and loan contract to the bank for approval after applying by phone or in writing.

If you pay off the loan, don't forget to cancel the mortgage.