The specific method of monthly mortgage repayment is as follows: 1. Request for suspension of repayment of principal: The borrower may negotiate with the bank and ask for temporary repayment of interest without repayment of principal. Because the bank has a house as collateral, it will generally accept the borrower's proposal and earn more interest. As far as banks are concerned, as long as borrowers don't evade debts maliciously, banks have no losses. 2. Request to extend the repayment period: You can also discuss with the bank to extend the repayment period. 3. Borrow money from banks again: In order to meet the needs of mortgage customers, many banks have launched "financial mortgage" to facilitate mortgage customers to lend their repaid mortgages.

First, what should I do if the monthly mortgage payment does not arrive?

1. The method of repaying the monthly mortgage loan is as follows:

(1) Request for suspension of repayment of principal: The borrower can negotiate with the bank and request that only the interest be repaid temporarily, but not the principal. Because the bank has a house as collateral, it will generally accept the borrower's proposal and earn more interest. For banks, as long as borrowers don't evade debts maliciously, banks have no losses;

(2) Request to extend the repayment period: You can also discuss with the bank to extend the repayment period. For example, the original mortgage term was 20 years, and it has been paid for 8 years. Due to sudden financial difficulties, it is impossible to repay the fixed principal and interest regularly;

(3) Borrow money from banks again: In order to meet the needs of mortgage customers, many banks have launched "financial mortgage" to facilitate mortgage customers to lend their repaid mortgages.

2. Legal basis: Article 10 of the Measures for the Administration of Individual Housing Loans.

The lender shall reasonably determine the loan term according to the actual situation, but the longest term shall not exceed 20 years. "Measures for the Administration of Individual Housing Loans" Article 16 If the borrower takes the purchased owner-occupied house as the loan collateral, it must take the full value of the house as the loan collateral.

Second, what are the consequences of bank loans?

The consequences of not repaying bank loans are as follows:

1. The bank will take certain collection measures. In the initial telephone notice, if the loan is really not paid, you can explain your actual situation to the bank and try to apply for an extension, which depends on different bank regulations;

2, overdue for more than 90 days, if the circumstances are serious, it can be regarded as malicious overdue, and bank collection may also cause life pressure for yourself and your family, affecting the normal life of individuals and families;

3. In terms of overdue fees, there will be some fees such as liquidated damages and penalty interest, which need to be collected according to the contract. Different institutions and different loan products charge different liquidated damages or penalty interests;

4. It has an impact on personal credit records, and bad credit records become obstacles to future loans such as mortgages and car loans and credit card processing;

5. If you are sued to the court because the loan has not been repaid, and you still don't repay the loan after the execution of the court judgment, you can report it to the Supreme People's Court and record it in the "list of people who have lost their trust".