2. Most banks have set a minimum amount for prepayment of some loans, which generally needs more than 6,543,800 yuan.
3. The general borrower shall notify the lending institution of prepayment 65,438+00 days or 65,438+05 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.
4. The borrower still needs to repay the original monthly loan principal and interest repayment amount in the current month, and at the same time deposit the loan amount to be repaid in advance into the bank savings card.
Paying off the mortgage in advance is suitable for the crowd.
1, people who are unwilling to take the loan.
A large part of people who buy houses live by themselves, and many of these people don't want to bear too much pressure in life. They just want to live a plain and comfortable life. The key is to be light without debt. Buying a house is originally to improve your living environment. If you can't eat or sleep well because of the loan problem, you might as well pay it back in advance.
2. At the initial stage of repayment.
Due to the early repayment of the loan, the principal base is large, and the interest is correspondingly high. The later the loan is repaid, the more the interest is. Therefore, for friends who are in the early stage of the loan, the loan interest paid at this time is not much. At this time, repaying the loan in advance can save a lot of interest. If the property buyers have idle funds on hand, but there is no better investment direction, it is also a good choice to repay the loan in advance.
The mortgage interest rate is rising.
If the mortgage interest rate rises, the loans that buyers need to change will increase. Although the benchmark interest rate of commercial bank loans is lowered. If your loan interest rate is not discounted, in this case, your loan interest rate is still floating. You can also consider prepayment, which can reduce the loan cost.
A person who uses a house as a financing tool
Some friends are optimistic about the real estate market. Buying a house is not for self-occupation but for financing, so it depends on the situation. Compared with the initial purchase, the valuation of the house has risen a lot. At this time, paying off the mortgage loan of the house and then exchanging the property for the mortgage loan of the bank can often obtain a larger credit line.