What is a one-time repayment plan?
In the case of paying off all the loans in advance, all the principal and interest of the loans should be settled in one lump sum. Batch repayment refers to consumer loans that require borrowers to repay the principal and interest in batches before the loan expires. Batch repayment refers to consumer loans that require borrowers to repay the principal and interest in batches before the loan expires. Because the purpose of one-time loan repayment is generally more specific, such as coping with temporary shortage of funds, one-time loan repayment is generally short in term and large in amount.
What is a mortgage loan?
Mortgage loan is a relatively low personal financing loan. The provident fund is the lowest and the loan is the second lowest. Loans can't be combined with loans with such low interest rates and durable years unless you buy a house again. Simply put, this is very cheap money. Therefore, if you have better investment channels, it is more appropriate to make money by investing. If you really don't have any investment ideas, you won't spend money in a short time. I'll go there.
When issuing such loans, the bank takes the income from the borrower's cash account fully determined in the future as the expected repayment source. Therefore, the loan quality of batch repayment depends on the accuracy of the time and amount of cash flow in the borrower's expected income, and its interest rate level also depends on the certainty of the borrower's expected income. One-time repayment of loans, the most typical example is bridge loan. That is to say, when paying the deposit for a new house, consumers apply for a bridging loan from the bank to pay the deposit because the old house has not been sold and the cash is insufficient, and then repay the loan after the old house is sold, so the loan is transitional.