Biweekly supply should be suitable for people:
People with relatively stable and balanced income, such as people with other fixed income sources (quarterly awards and year-end awards) besides monthly income, people with overseas, Hong Kong, Macao and Taiwan living backgrounds and already familiar with product characteristics.
The procedure for handling biweekly loans is the same as that for monthly loans. When signing a loan contract, you only need to choose "biweekly loan" or change the original monthly loan repayment method to "biweekly loan".
Disadvantages of biweekly supply:
1, 2 weeks. If you pay weekly or biweekly, I suggest you pay biweekly, otherwise your fund arrangement will be very troublesome. Sometimes you have to pay back the money three times a month. Can you handle it?
2. Biweekly payment will require more funds than monthly payment, and the possibility of forgetting or not paying enough is much higher than monthly payment. It is said that the penalty interest paid every two weeks is higher than the average. I'm confident in my financial arrangement, but I think it's still too difficult to pay every two weeks.
Advantages of biweekly delivery:
1 is definitely a good choice for friends who earn two weeks.
2. Biweekly payment is basically the amount of 13 months a year ago (the difference is one day a year), which is just right for many companies with double pay at the end of the year. This is equivalent to paying back the money in advance at the end of each year. This is also good for the bank's capital arrangement, otherwise it will be difficult for the bank to repay the loan in advance at the end of each year.
After reading the above, do you know anything about the repayment method of biweekly mortgage? Is this repayment method suitable for you?
(The above answers were published on 20 15-09- 18. Please refer to the current actual purchase policy. )
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