Hello, yes. After the failure of deduction on the repayment date of the housing loan of Agricultural Bank of China, it will continue to deduct as much as possible at the end of the next day and the following day (some branches deduct the least, such as 500 yuan) until the overdue installment arrears are deducted. This rule applies to all types of housing loans. For other loans, you need to contact the loan bank for specific consultation.

1. Does overdue repayment have a great impact on personal credit reporting?

Late payment has little effect on your personal credit information. There is basically no impact on mortgage and provident fund loans. But this is based on the fact that your overdue amount is relatively low and your credit report is only overdue. Therefore, don't break the jar just because there is an overdue record. If it is overdue many times, your credit history will be in jeopardy. In addition, overdue has nothing to do with the expected annualized interest rate of the loan, but with whether you can apply to a bank with a lower expected annualized interest rate. In other words, if you are seriously overdue, you may not be able to apply for a loan with a lower annualized interest rate.

2. What is the penalty for one day overdue mortgage?

The calculation of the penalty interest of one-day overdue mortgage is inseparable from the mortgage interest rate. Different mortgage types have different interest rates:

First, provident fund loans

If you use the provident fund loan to buy a house, and the mortgage repayment is overdue, you will be charged a penalty interest according to the loan interest rate 150%.

At present, the annual interest rate of individual housing provident fund loans for less than five years (including five years) is 3.25%, and the annual interest rate of loans for more than five years is 3.75%.

For example, Xiao He bought a suite with a provident fund loan, with a loan interest rate of 3.25% and a monthly mortgage of 3,000 yuan, so the penalty interest for one day overdue is 3,000× (3.25% ÷ 365×150% )×1= 0.40 yuan.

Second, commercial loans.

If the commercial loan is used to buy a house, and the mortgage is overdue, the penalty interest will be charged according to the interest rate 130% to 150% agreed in the loan contract.

Similarly, for example, Xiao He bought a suite with a commercial loan, and the interest rate stipulated in the loan contract was 3.95%, and he had to repay the mortgage of 3,000 yuan every month. If the penalty interest is calculated according to the agreed interest rate 130%, the penalty interest for one day overdue is 3000×(3.95%÷365× 10).