Repaying the mortgage in advance must go to the bank where the account is opened. There are three ways to repay the loan in advance. First, all repayments are prepayments, that is, customers repay interest, but the interest paid is not refundable). Second, repay some loans in advance, and the monthly repayment amount of the remaining loans remains unchanged, shortening the repayment cycle (saving more interest). Third, part of the loan is repaid in advance, and the remaining loan remains unchanged (reducing the monthly payment burden, but the degree of saving is lower than the second one).

2. Do I need to make an appointment for prepayment?

Need. The borrower must make an appointment with the bank first, and then submit a written application for early repayment to the bank within the agreed time; After that, the borrower can enter the prepayment operation after the bank approves the prepayment, and put the money into the bound repayment bank card for the bank to deduct. Without making an appointment and applying first, the borrower cannot repay the loan in advance. Extended data:

Loan means that banks, credit cooperatives and other institutions lend money to units or individuals who use money, and generally agree on interest and repayment date. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation. Early repayment means that the borrower applies to the bank to repay part of his loan in advance, and guarantees that the loan will be repaid in the current month without being overdue last month; Pay off all or part of the loan in one lump sum according to the date stipulated by the bank. Prepayment is generally divided into two ways: partial prepayment and full prepayment. The borrower can only propose to repay part or all of the loan in advance for the first time after six months of normal repayment of the principal and interest of the loan; For serious loan management, lending institutions have set a minimum amount for prepayment of some loans, which generally needs more than 1 1,000 yuan; The general borrower shall notify the lending institution to repay the loan in advance 10 days or 15 days in advance, and submit a written application to the lending institution with the original loan contract, bank repayment savings card, monthly statement of fund repayment, my ID card and other materials, which shall be approved by the lender. After confirmation, the lending institution will recalculate the loan balance and the final repayment period after repaying part of the loan in advance according to the calculation principle of "interest first, capital later, equal monthly decrease, and shortening the repayment period" in the interest repayment method determined in the original loan contract, reprint the "Monthly Statement of Capital Repayment" and re-sign the "Loan Modification Contract" with the borrower. The loan interest decreases as the principal decreases. The repayment method refers to the way that the borrower repays the principal and interest of the loan, and the interest is calculated according to the remaining principal of the borrower. Different repayment methods determine the speed of principal repayment, which leads to different total interest payments.

3. Can the bank repay the loan in advance without making an appointment?

The borrower directly goes to the loan bank to apply for early repayment, and the bank will collect part of the liquidated damages. When handling the prepayment of mortgage loan, you should pay attention to the following matters:

1, banks are allowed to repay loans in advance at different times. Most banks can apply for early repayment after one year of repayment, and some banks can repay loans in advance at any time. Pay attention to the repayment time of the loan bank when repaying the loan in advance;

2. The loan term of general mortgage is more than 65,438+00 years. During this period, it is inevitable for banks to adjust interest rates. If they are in the interest rate cut channel, it is obvious that the faster they adjust, the more cost-effective.

3. Whether the loan is repaid in advance or according to the contract, the mortgage registration must be cancelled after the loan is paid off.

4. Can the bank repay the loan in advance without making an appointment?

Repaying the mortgage in advance must go to the bank where the account is opened. There are three ways to repay the loan in advance. First, all loans are repaid in advance, that is, the customer pays off all the remaining loans at one time (no interest is required, but the interest paid is not refundable). Second, repay some loans in advance, and the monthly repayment amount of the remaining loans remains unchanged, shortening the repayment cycle (saving more interest). Third, partial prepayment, reducing the monthly repayment amount of the remaining loans and keeping the repayment period unchanged (reducing the monthly payment burden, but saving less than the second one).