Yes.

There are two repayment methods for housing provident fund personal home purchase loans: equal monthly principal and interest repayment method and equal monthly principal repayment method.

1. The monthly equal principal and interest repayment method means that the total amount of the loan principal and interest repaid by the borrower every month remains unchanged, but the loan principal in the monthly repayment amount increases month by month, and the loan interest increases month by month. Reduced monthly repayments. The equal monthly principal repayment method refers to a repayment method in which the borrower's monthly principal repayment is fixed and the loan interest decreases month by month.

It should be noted that for personal provident fund loans with a term of less than one year, the principal and interest should be repaid in one lump sum upon maturity; for personal provident fund loans with a term of more than one year, the principal and interest of the loan should be repaid monthly.

2. Repay the loan early

Just apply to the bank one month in advance. The specific regulations or contracts signed by banks in different places may be slightly different. For example, some banks need to pay a certain amount of liquidated damages for early repayment of the loan, but some do not. You can carefully look at the provident fund loan you signed with the bank. Contract;

Is there a clause that requires payment of liquidated damages for early repayment of the loan? If not, there is no need to repay the loan in advance. You may need to sign a separate loan repayment contract with the bank. You can choose to shorten the loan period or reduce the amount of the loan. Monthly payment.

Extended information:

Loans

Personal housing provident fund loans: The housing provident fund management center uses housing provident funds to entrust commercial banks to purchase, construct, renovate, and overhaul Preferential loans are granted to housing provident fund depositors who own self-occupied housing or raise funds to build cooperative housing.

Personal housing provident fund portfolio loan: refers to when the housing provident fund loan amount is not enough to pay for the house purchase, the borrower applies for a housing provident fund loan and at the same time obtains a commercial personal housing loan from the trustee bank. The two parts of the loan together constitute Portfolio Loans. Housing provident fund loans in portfolio loans are reviewed and approved by the management center, and commercial loans are reviewed and approved by the trustee bank.

The real estate developer signs a "Commercial Housing Mortgage Cooperation Agreement" with the management center and the trustee bank. The real estate developer will provide a periodic guarantee for the borrower and deposit a deposit at a certain ratio of the total loan amount, pending the title certificate. After the mortgage registration is completed, the guarantee liability ends and turns into a mortgage guarantee for the purchased house.

The borrower submits a loan application to the management center. After approval, the trustee bank signs a loan contract with the borrower and goes through the payment procedures.

Personal Housing Provident Fund Replacement Portfolio Loan: The bank first uses bank funds to issue commercial housing loans to borrowers (employees who have paid housing provident funds), and then the trustee bank applies to the management center on behalf of the borrower. Provident Fund Loans.

The borrower's provident fund loan limit is controlled within the basic provident fund loan limit and does not exceed 70% of the commercial housing loan amount, and the basic provident fund loan term is more than one year shorter than the commercial housing loan term.

Baidu Encyclopedia-Housing Provident Fund