Hello! The handling method of prepayment of personal housing mortgage loan of Agricultural Bank of China is as follows: When the borrower applies for prepayment of mortgage loan, he must submit a written application to the lender at least 30 days in advance and get the consent of the lender. As the actual situation varies from place to place, please contact the Lender's account manager for communication. The information to be carried in the prepayment of individual housing loan is the borrower's identity document, the individual housing loan guarantee contract and the original housing loan repayment card (discount), and an application shall be submitted to the original loan agency in advance according to the contract. Please consult your local loan bank for details. The collection standard of liquidated damages for prepayment is based on the loan contract signed by the customer and our bank. Please check the loan contract or contact the loan agency for verification.

(Answer time: 165438+2022 10/0/. In case of business changes, please refer to the actual situation. )

Loan 10 years, is it cost-effective to repay in advance?

If the borrower chooses the repayment method of equal principal and interest, it is suggested to pay off the loan within 1/3 of the total repayment period. If the mortgage is 10 years, it is most cost-effective to pay it off in the first four years of the repayment period. If the borrower chooses to repay the same principal, it is suggested to repay the loan within 65,438+0/2 of the total repayment time and 65,438+00 years of the mortgage. It is most cost-effective to pay off the loan five years before the repayment period.

Personal housing loan refers to the loan issued by the lender to the borrower for the purchase of ordinary housing for personal use.

Personal housing loan business is one of the main asset businesses of commercial banks. Refers to the loan issued by a commercial bank to a borrower for the first time to purchase a house (that is, a house sold to an individual after development and construction by a real estate developer or other qualified development subject).

Personal housing loans mainly have the following three loan forms:

(1) The full name of personal housing entrusted loan is personal housing guarantee entrusted loan, which refers to the personal housing loan entrusted by the housing fund management center to commercial banks by using the housing provident fund. Housing provident fund loan is a policy personal housing loan, on the one hand, the interest rate is low;

On the other hand, it mainly provides such loans to low-and middle-income workers who pay the provident fund. However, because the interest difference between housing provident fund loans and commercial loans is above 1%, both investors and ordinary people who buy houses and live in their own homes are more inclined to choose housing provident fund loans to buy houses.

(2) Personal housing self-operated loans are loans granted to individual buyers with bank credit funds as the source. Also known as commercial personal housing loans, personal housing secured loans.

(3) Personal housing portfolio loan refers to the loan issued to the same borrower with housing provident fund deposits and credit funds for the purchase of self-occupied ordinary housing, which is a combination of personal housing entrusted loans and self-operated loans. In addition, there are housing savings loans and mortgage loans.

Processing flow:

1. loan application: the customer fills in and submits the application form and application materials designated by CCB.

2. Pre-lending investigation and interview: CCB interviewed the borrower and conducted pre-lending investigation.

3. Loan approval: CCB conducts loan approval.

4. Signing a contract: After the customer's loan is approved, sign a loan contract with CCB.

5. Loan issuance: CCB will issue loans after meeting the requirements.

6. Customer repayment: the customer repays the loan on time as agreed.

7. loan settlement.

10 when is the best time to repay the mortgage in advance? That's right.

With the continuous development of social economy, people's wages are rising, and house prices are also rising. For many ordinary property buyers, if they want to buy a house in a big city, they can only apply for a mortgage. 10 when is the best time to repay the mortgage in advance? That's right!

10 when is the best time to repay the mortgage in advance?

If you want to know the best time to repay the loan in advance, you need to judge according to the repayment method. There are two mainstream mortgage repayment methods in the market, namely equal principal and interest and average principal.

The main feature of matching principal and interest is that the monthly repayment amount is fixed during the loan year. Suitable for ordinary families with stable income of working class, the mortgage can not only bear, but also ensure that it will not affect life.

Because the matching principal and interest is to repay the interest first and then the principal, the first half of the whole loan basically accounts for the largest proportion of interest. Therefore, as long as the borrower prepays before 1/2, the interest can be effectively reduced. The loan 10 year, and the fifth year is the best time to repay the loan in advance.

In the case of average capital, the principal will be distributed to each month and the interest between the previous trading day and the repayment date will be paid off. Compared with the matching principal and interest, the total interest expense of this repayment method is lower, but the principal and interest paid in the early stage are more. It is suggested that the repayment time should not exceed 3/ 1. Loan 10 year. It is recommended to repay the loan in advance in the third year.

The average capital method is more suitable for lenders with strong repayment ability some time ago, because the repayment amount in the early stage is large, and then it decreases month by month. Of course, some older people are also more suitable for this way, because their income may decrease as they grow older or retire.

The above is the related content sharing of "the best time to repay the mortgage in advance 10". I hope it will help everyone!

/kloc-how to pay off interest in advance in 0/0 years?

If you pay off the mortgage in advance, you don't have to pay back the interest afterwards; 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%.

There are two ways to repay the mortgage in advance:

1, all paid off in advance.

It is not difficult for the borrower to pay off the loan in one lump sum. At this time, you can take the relevant materials to the Housing Authority to cancel the mortgage, and you will have full property rights of the house.

2. Repay part of the loan before the repayment period.

There are two kinds of loans that are repaid in advance before the repayment period: one is to shorten the repayment period by keeping the monthly repayment amount unchanged; First, the monthly repayment amount is reduced, and the repayment period remains unchanged. The advantage of the former is that it can reduce interest and save a sum of money; The advantage of the latter is that it can reduce the monthly payment and ease the repayment pressure.

The borrower can choose the way to repay the mortgage in advance according to his actual situation. When repaying the mortgage in advance, you may wish to consult the loan bank first.

Prepayment process:

1)

Make an appointment in advance. During the loan period and within one year after the loan is issued, with the consent of the bank, you can apply in writing to repay part or all of the loan in advance.

General banks need 2-7 working days to handle this business. Banks have different regulations on early repayment of loans, so lenders must make clear the operating procedures of loan banks before deciding to repay loans in advance.

2) loan documents should be prepared. If the borrower needs to repay the loan in advance, he should generally apply by phone or in writing and go through the examination and approval formalities at the bank with his ID card and loan contract. If it is a borrower who has settled all the balance, after the bank calculates the remaining loan amount, it is convenient for the borrower to save enough money to repay the loan in advance. If it is a customer or owner of the sub-mortgage business, it is best to find a professional guarantee institution to do entrusted notarization, so as to avoid the risk that the customer will not buy it after the owner repays in advance or the owner will raise the price after the customer pays the final payment with the down payment.

3) Calculation method of interest rate after interest rate reduction. The new interest standard will be calculated at the beginning of the new year, so even if the loan is to be repaid in advance, the lender should seize the opportunity and try to repay the loan in advance before the new interest takes effect at the end of the year. After paying off all the loans in advance, the lender should remember to surrender to the insurance company and other departments.

4) surrender.

After the lender settles all the final payment in advance, the bank will issue a settlement certificate. The borrower can call the relevant insurance company with the original loan settlement certificate, the original policy and the original invoice issued by the bank to make an appointment to surrender. When the borrower applies for a loan, the bank will register the mortgage. If the customer settles the loan, don't forget to understand the mortgage. The borrower should bring the real estate license, settlement certificate and other rights certificate mortgaged in the bank to the office of the District Construction Committee to understand the mortgage situation.

Hello, I mean, can I repay the loan in advance after ten years of bank loan?

Of course, ICBC, Agricultural Bank of China, Bank of Communications and China Merchants Bank are recommended, because some banks are not allowed to repay loans in advance, and some have to pay a large amount of liquidated damages for repaying loans in advance, while ICBC, Agricultural Bank of China, Bank of Communications and China Merchants Bank stipulate that customers will not receive any liquidated damages after repaying loans in advance for one year, while Bank of China and China Construction Bank stipulate three years. It is best to choose the prepayment method of shortening the repayment period and keeping the repayment amount unchanged after 2 years, which can save most of the interest.

If the repayment method chosen is average capital, and the repayment period of the mortgage we handle is 30 years, then the best time for early repayment should be between 10 and 20 years after we repay the loan, because if you choose this time period for early repayment, your principal and principal and interest have been repaid a lot, and the amount of outstanding loans is not much, and whether the currency depreciates will not have much impact on this part of funds, so repayment at this time is more cost-effective.

If the repayment method you choose is equal principal and interest, the sooner you choose to repay in advance, the more you can save a lot of money. However, if the mortgage has been repaid for more than ten years, and you have basically paid off the mortgage interest at this time, even if you choose to repay in advance, it will not save money. Of course, if you have more money, you can pay it off in advance.

First of all, there are many kinds of personal loans, which are only classified according to whether there is collateral or not, and are divided into mortgage loans and unsecured credit loans. The following is a brief analysis and explanation of these two loans:

1. Unsecured credit loan, which we refer to as credit loan for short, is a pure credit loan issued by the bank to individual customers solely based on the nature of the company, wages, social security accumulation fund, etc. There will also be a concept of consumer loans. Of course, there is no direct difference between these two concepts.

2. Mortgage loan, here mainly refers to housing mortgage loan, and of course there are also vehicle mortgage loans. I won't describe it in detail here. Mortgage loans are divided into mortgage commercial loans and mortgage consumer loans, and the amount of mortgage consumer loans generally does not exceed 1 10,000. Mortgage loan refers to the loan to use personal housing for company operation. As the name implies, a company is required to be established in the name of itself or immediate family members, including husband and wife, parents, children, brothers and sisters, etc. Mortgage can also be divided into primary mortgage and secondary mortgage, that is, mortgage is called secondary mortgage. Let's see how to operate a mortgage:

Valuation, according to the cost of the house, is evaluated by the appraisal agency, including the amount, interest rate, years, etc. You can probably calculate what you can borrow. Face-to-face signing, face-to-face signing in the bank, you need to provide relevant materials such as room books. If there is no company, start to operate the company, such as changing shareholders or legal persons, or newly registered companies. , depending on the requirements of the bank. After the bank approves the loan, the house is mortgaged and notarized. Lending and loan processing are over.

So much for the introduction of 10 loan prepayment.