First, pay off the mortgage in advance, and interest will not be paid later; In case of partial prepayment, the interest on the remaining loan will be recalculated, but the prepayment will require a prepayment penalty (or handling fee) of about 1%.
Second, do you need to pay a handling fee for prepayment? State-owned banks, such as ICBC, ICBC, China Construction and Li Jiao, charge no handling fee for prepayment, while ICBC charges 2-3 months' interest as handling fee, while other banks charge 1 month's interest. Among them, the Agricultural Bank of China charges one month's interest for the early repayment of loans within three years, and no fees will be charged after three years. Most joint-stock banks say they don't charge fees. However, Shanghai Pudong Development Bank said that if repayment is made two years in advance, a handling fee of 3% of the repayment amount will be charged, and no handling fee will be charged after two years.
Foreign banks generally charge differential fees according to the repayment period. For example, Citibank charges 2% of the repayment amount in advance after one year, and the fee is reduced to 1% after two years, and no handling fee is charged after three years; There is no handling fee for prepayment by HSBC after three years, at least 20,000 yuan after two years and at least 30,000 yuan after one year.
Third, the time of early repayment Most banks require at least one year to apply for early repayment, but some banks have indicated that they can apply for early repayment at any time. Among the state-owned banks, BOC and CCB need to repay for one year before they can apply for early repayment, while ICBC needs to repay half a year in advance. In addition, it takes one year for China Merchants Bank, Bank of Communications, East Asia and other banks to apply for early repayment, while Huaxia Bank said that it can apply for repayment at any time. Generally, the amount of mortgage is large, if there is no special reason.
How to calculate the bank loan fee?
There are many kinds of loans, such as: first home loan, second-hand housing loan, provident fund loan, car loan, credit loan, mortgage loan and so on. Moreover, because each kind of loan faces different loan groups, uses, difficulties and risks, the cost of handling the corresponding loan is also very different (note that this is only the cost involved in applying for a loan). What are the costs of buying a car by loan? When applying for automobile mortgage in a bank, there is generally only interest cost. Auto financing companies generally do not charge interest fees for loans, but change their names: handling fees or management fees, which are higher than bank interest. If you buy a car by installment with a credit card, the installment fee paid is not cheaper than the previous two methods anyway. Second-hand housing loans involve costs. Second-hand housing loans generally involve intermediaries, and the fees are slightly higher. Mortgage fee (also called intermediary service fee) is generally 1%~2% of the loan amount. Because the second-hand housing loan needs real estate assessment, finding an appraisal company probably needs an appraisal fee of 1-3 (the lowest fee is 400 yuan). In addition, the second-hand house notarization fee is 1‰ of the loan amount, and the mortgage registration fee is about 100 yuan. Individual banks also collect stamp duty (less, 65438+ ten thousand 50 yuan) and insurance premium (about 0.5‰). The first home loan has three expenses at the loan level: bank interest, mortgage registration fee and notarization fee. The mortgage interest rate generally rises according to the benchmark loan interest rate, and some high-quality customers can enjoy the mortgage discount (see the bank's confirmation). Mortgage registration fees vary slightly from place to place, but most of them are between 80- 100 yuan. Commissioned notary fees are generally around 200 yuan. The cost of provident fund loans is similar to that of commercial loans, except that provident fund loans have an extra guarantee fee, and the loan interest rate is lower than that of commercial mortgages. Other types of loans involve expenses other than buying a house and a car. Other loans (credit loans, real estate mortgage, car mortgage, etc.). You can apply directly to the bank, and generally there is almost no other fee except interest. Small loan companies lend money similar to banks, but the interest rate is higher than banks. Because many times the qualifications of borrowers can't meet the requirements of banks, there is a lot of room to apply for bank loans directly. The products of small loan companies are mixed, and borrowers don't know much about them. Therefore, most people will go through the intermediary and customize the loan plan through the loan consultant.
On what basis is the loan fee charged?
Bank loans do not charge loan fees, some financial institutions do, mainly channel maintenance fees, manual customer service needs to pay, and loan services are provided by themselves. You can also understand that although the loan pays interest, the interest is for the principal. So many employees of lending institutions have to be paid, so it is definitely important to charge extra service fees. Rn as long as the comprehensive interest rate of the loan does not exceed 36%, it is the legal interest rate. Within this interest rate range, users can choose not to apply. Rn For more information about loan fees, please visit: See More.
Is there a handling fee for bank loans?
There is no handling fee for bank loans. There is no saying that users apply for bank loans offline or through online channels. If you encounter handling fees, please be alert to whether you encounter counterfeit loan products. In addition, after the bank loan application is successful, the bank will only charge the loan interest and will not charge other fees. In addition, users have to charge a certain fee before handling secured loans or mortgage loans, which is not a handling fee. These expenses have specific names.
Bank loan refers to an economic behavior that banks lend funds to people in need of funds at a certain interest rate according to national policies and return them within the agreed time limit. Generally, you need a guarantee, a house mortgage, proof of income and good personal credit information before you can apply.
Moreover, in different countries and different development periods of a country, the types of loans classified according to various standards are also different. For example, industrial and commercial loans in the United States mainly include ordinary loan limits, working capital loans, standby loan commitments, and project loans. In Britain, industrial and commercial loans mostly take the form of discounted bills, credit accounts and overdraft accounts.
The skills of small and medium-sized enterprises to obtain bank loans include establishing good bank-enterprise relations. Pay attention to credibility. Investment projects should write a feasibility study report, highlighting the characteristics of the project. Choose the right loan opportunity. Get the support of SME guarantee institutions.
Venture loan refers to a special loan issued by an individual who has certain production and operation ability or has engaged in production and operation activities, applies for the capital demand for starting or re-starting, and is recognized by the bank and provides effective guarantee. Eligible borrowers can get a single loan of up to 500,000 yuan according to their own resources and repayment ability.
For those who need to start a business, they can flexibly use personal consumption loans to start a business. The mortgage loan amount generally does not exceed 70% of the assessed value of the collateral, and the maximum loan amount is 300,000 yuan. Business needs to buy commercial housing along the street, you can apply for commercial housing loans from the bank with the proposed house as collateral. The loan amount generally does not exceed 60% of the appraised value of the proposed commercial house, and the longest loan period does not exceed 65,438+00 years.
In addition to certificates of deposit, personal loans can easily obtain certificates such as treasury bills and insurance company policies. 80% of the deposit amount can be used for loans; 90% loanable national debt of national debt denomination; The amount of the policy issued by an insurance company shall not exceed 80% of the cash value of the policy at that time.
If you don't have certificates of deposit, government bonds or insurance policies, but your spouse or parents have a better job and a stable income, it is also an excellent credit resource. At present, banks have a soft spot for high-income groups. Lawyers, doctors, civil servants, employees of public institutions and people in the financial industry are all listed as preferential targets for credit loans. Employees in these industries can get about 654.38+10,000 yuan of secured loans from ICBC, CCB and other financial institutions only by looking for one or two colleagues to guarantee, and all kinds of materials can be approved on the same day and venture capital can be obtained quickly.