2. Early repayment with the same loan term: the loan bank instructs the borrower to fill in the relevant agreement. If the original loan guarantee method is low mortgage+insurance and mortgage registration has not been handled, the original insurance policy, my ID card and relevant agreements are required to go through the formalities of reducing the insured amount at the insurance company designated by the city center, and the final agreement should be sent to the corresponding sub-center by the loan bank in time.
Property buyers should decide whether to repay in advance according to their future income and expenditure. If there are still some large expenses in the future, or even need to apply for a small loan, it is not appropriate to repay in advance, but if the money in hand is abundant, there will be no such concerns.
In addition, before applying for prepayment, buyers should make a comprehensive assessment of the existing economic strength of their families, including deposits and realizable assets. If there is some spare money on hand now and there is no better way to earn money, then prepayment can really save a lot of interest, which is one of the more desirable ways.
One-time repayment process of provident fund principal and interest:
1. Repayments can call the provident fund management hotline to check the remaining balance and make an appointment for prepayment;
2. When applying for prepayment, the repayment person shall fill in the Application for prepayment of housing provident fund loans under the management of housing provident fund or the Application for prepayment of some loans under the management of housing provident fund loans, and sign and provide the required information (ID card, loan contract, etc.). );
3. Approved by the entrusted bank;
4, provident fund management center for approval;
5. The repayment person goes to the bank to repay the loan principal and interest;
6. The repayment person will send the prepayment form to the provident fund center for filing.
3. The borrower who chooses mortgage+insurance as the original loan guarantee method and has completed mortgage registration and the borrower who chooses non-mortgage+insurance apply for partial repayment in advance and shorten the loan term: the loan bank instructs the borrower to fill in the relevant agreement, and the signed agreement is sent to the corresponding sub-center in time by the loan bank.
4. If the original loan guarantee method is mortgage+insurance, and the mortgage registration is still within the insurance period, the borrower can apply for partial repayment in advance and shorten the loan period, and can directly handle it at the guarantee center.
Legal basis:
Article 26 of the Regulations on the Management of Housing Provident Fund stipulates that employees who have paid housing provident fund can apply for housing provident fund loans from the housing provident fund management center when purchasing, building, renovating or overhauling their own houses. The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities. The risk of housing provident fund loans shall be borne by the housing provident fund management center.