Pay attention to the following matters when repaying the loan in advance.

Second, the specific analysis

1, processing method

Repayment in advance is different from repayment on schedule. If you repay the loan on time, just put the money in the repayment card and wait for the bank to deduct it on the repayment date. Repaying the loan in advance requires the borrower to apply for an appointment by phone or at the bank counter, and the bank will arrange the time before going to the loan handling bank outlet to handle it.

2. Repayment method

There are two kinds of prepayment: one-time prepayment and partial prepayment. If you choose the former, it is equivalent to clearing the mortgage, and the borrower does not have to pay the remaining interest later; If the latter is selected, the borrower needs to re-sign the loan contract with the bank and stipulate the subsequent repayment method, that is, shorten the monthly payment period or reduce the monthly payment period.

3. Repayment period

The borrower's repayment period is less than 1 year, and most banks will not let him repay the loan in advance. After the borrower logs into the mobile phone bank to find the mortgage, he can calculate the repayment period according to the repayment period above, and can apply to the bank if the repayment time exceeds 1 year.

4. Repayment amount

Repaying the loan in advance is not just how much the borrower can repay. Most banks set a lower limit of 65438+ 10000 yuan for prepayment. If you want to repay the loan at an integer multiple of 10000 yuan, for example, only a few hundred yuan or several thousand yuan will be rejected by banks.

5, owing on the loan times

Pay off the loan in one lump sum in advance, and the borrower can apply at any time. However, there are only 1 loan repayment opportunities in advance every year, and it is not in a natural year, but it is necessary to apply for a loan in advance 1 year.

6. Repayment status

Whether it is a one-time early settlement or partial early repayment, you need to apply when the mortgage is in a normal state. For example, the borrower's mortgage is overdue, and you need to pay off all overdue principal, interest and penalty interest before the bank agrees to its application for early repayment.

7. Loan repayment information

Repaying the loan in advance is definitely not empty-handed. The borrower needs to bring his/her valid ID card, mortgage contract, repayment card, repayment details and other materials, which shall be subject to the provisions of the loan handling bank.

8. Is it cost-effective?

The borrower's motivation to repay the loan in advance is to save interest expenses, so it is necessary to choose the appropriate repayment time according to the repayment method. For example, the repayment of equal principal and interest should be made before the repayment period 1/2, and the repayment of equal principal should be made before the repayment period 1/3.

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Third, what should I pay attention to when applying for a mortgage?

When handling mortgage loans, you need to pay attention to the following points:

1. Be sure to prepare all relevant information, such as ID card, household registration book, bank account number, salary slip, down payment receipt, etc., and the information provided must be accurate and consistent with the real situation, so as not to affect the mortgage review and approval because of incomplete or incorrect information.

2. Apply for an appropriate loan amount according to the total house price, actual economic situation and repayment ability. To apply for individual housing provident fund loans, you must also consider the balance of the housing provident fund account. Don't blindly apply for excess, lest you can't do it, or the repayment burden is too heavy after doing it.

3. If you apply for a personal housing provident fund loan, it is best not to use the housing provident fund at will before handling it.

If you have a lot of debts under your name now, you can pay off your debts before applying for a mortgage, or you can pay off part of them first, which can reduce your personal debt ratio.

5. Choose the appropriate repayment method. The repayment method in average capital requires a higher level of economic income. After all, the early repayment pressure is high, which is suitable for people with a certain economic foundation. If the economic conditions do not allow excessive investment in early repayment, you can choose the repayment method of equal principal and interest.

6. If your credit conditions are average, you can find a person with good credit to guarantee your mortgage and improve the chances of loan approval.