Advance repayment process of mortgage loan of China Postal Savings Bank

1. application

According to the regulations of the bank, customers who prepay should submit a written application for repayment within one week to one month, and make an appointment with the bank in advance.

Step 2 sign the agreement

According to the date agreed with the bank, the repayment person will sign the loan repayment application form and early repayment agreement with the bank with valid identity documents and the housing loan contract signed with the bank, as well as the documents required by the relevant bank.

3. Repay the loan in advance

After completing the loan repayment procedures, the borrower needs to deposit the loan repayment into the account set up in the bank for withholding the principal and interest of the loan, and the bank will automatically deduct it within a certain period of time.

China Postal Savings Bank mortgage prepayment penalty.

If it is less than 1 year, a fine of 1% of the remaining principal will be imposed. If it is less than 1 year, apply one month in advance. If there is no liquidated damages, repay in advance. After about 10 working days, the ownership certificate will be cancelled.

China Postal Savings Bank mortgage prepayment application materials

Bring valid identity documents, housing loan contracts signed with banks, and documents required by relevant banks to the bank for handling.

China Postal Savings Bank mortgage prepayment method

1, equal principal and interest (same monthly repayment amount);

2. Average capital (the monthly repayment amount is decreasing, and the first month is the largest);

3. Repay the principal and interest in equal installments. Repay the interest on a monthly basis within the grace period (the longest is 1 year), and repay the principal and interest on a monthly basis after the grace period, with the monthly amount of principal and interest unchanged;

4. The method of repayment of principal by installment, in which the interest is repaid monthly within the grace period (the longest is 1 year), and the principal and interest are repaid monthly after the grace period, with the monthly repayment of principal unchanged;

5. One-time repayment of principal and interest, that is, one-time repayment of loan principal and interest on the loan maturity date.

Under those circumstances, China Postal Savings Bank is not suitable for repaying the mortgage in advance.

1. Loan customers who enjoy provident fund loans and 30% interest rate need not rush to repay. Because the current 5-year loan interest rate of 30% discount is lower than the 5-year deposit interest rate, it is more appropriate for customers to deposit their money in the bank than to repay the loan in advance. If such a customer repays the loan in advance and then borrows money to buy a house, the bank will implement the latest loan policy, and the benchmark interest rate will rise by 1. 1 times, and the borrower will lose more than it gains.

2. It has been more than five years since the repayment of the equal principal, and most of the prepayment is interest. If the loan is repaid in advance after five years, it can be said that the principal is more. Therefore, from the perspective of capital utilization, other investment channels can be considered, especially those whose annual rate of return exceeds the bank mortgage interest rate.

3. If the customer has other better investment and wealth management projects, such as stocks, funds, bonds, wealth management products, etc. Or an enterprise where both buyers and sellers need liquidity, if the return on investment is higher than the loan interest rate, there is no need to choose to repay the loan in advance.

2. How to calculate the interest on prepayment of mortgage loans of Postal Savings Bank?

The interest generated by the early mortgage of the postal bank is divided into the following categories.

1. If the prepayment is less than one year, a penalty of 3% of the prepayment amount will be charged;

2. If the mortgage is repaid in advance after one to two years, a penalty of 2% of the prepayment amount will be charged;

3. If the mortgage is repaid two to three years in advance, a penalty of 1% of the prepayment amount will be charged;

Interest paid 4.5 years ago is not refundable;

5. To calculate the current month's interest, you need to pay (the actual number of days of the daily interest rate of the remaining principal);

6. There is no interest on the current remaining principal (total repayment principal).

Third, the new policy of the Postal Savings Bank to repay the mortgage in advance?

Advance repayment process of mortgage loan of China Postal Savings Bank

1. application

According to the regulations of the bank, customers who prepay should submit a written application for repayment within one week to one month, and make an appointment with the bank in advance.

Step 2 sign the agreement

According to the date agreed with the bank, the repayment person will sign the loan repayment application form and early repayment agreement with the bank with valid identity documents and the housing loan contract signed with the bank, as well as the documents required by the relevant bank.

3. Repay the loan in advance

After completing the loan repayment procedures, the borrower needs to deposit the loan repayment into the account set up in the bank for withholding the principal and interest of the loan, and the bank will automatically deduct it within a certain period of time.

China Postal Savings Bank mortgage prepayment penalty.

If it is less than 1 year, a fine of 1% of the remaining principal will be imposed. If it is less than 1 year, apply one month in advance. If there is no liquidated damages, repay in advance. After about 10 working days, the ownership certificate will be cancelled.

China Postal Savings Bank mortgage prepayment application materials

Bring valid identity documents, housing loan contracts signed with banks, and documents required by relevant banks to the bank for handling.

China Postal Savings Bank mortgage prepayment method

1, equal principal and interest (same monthly repayment amount);

2. Average capital (the monthly repayment amount is decreasing, and the first month is the largest);

3. Repay the principal and interest in equal installments. Repay the interest on a monthly basis within the grace period (the longest is 1 year), and repay the principal and interest on a monthly basis after the grace period, with the monthly amount of principal and interest unchanged;

4. The method of repayment of principal by installment, in which the interest is repaid monthly within the grace period (the longest is 1 year), and the principal and interest are repaid monthly after the grace period, with the monthly repayment of principal unchanged;

5. One-time repayment of principal and interest, that is, one-time repayment of loan principal and interest on the loan maturity date.

Under those circumstances, China Postal Savings Bank is not suitable for repaying the mortgage in advance.

1. Loan customers who enjoy provident fund loans and 30% interest rate need not rush to repay. Because the current 5-year loan interest rate of 30% discount is lower than the 5-year deposit interest rate, it is more appropriate for customers to deposit their money in the bank than to repay the loan in advance. If such a customer repays the loan in advance and then borrows money to buy a house, the bank will implement the latest loan policy, and the benchmark interest rate will rise by 1. 1 times, and the borrower will lose more than it gains.

2. It has been more than five years since the repayment of the equal principal, and most of the prepayment is interest. If the loan is repaid in advance after five years, it can be said that the principal is more. Therefore, from the perspective of capital utilization, other investment channels can be considered, especially those whose annual rate of return exceeds the bank mortgage interest rate.

3. If the customer has other better investment and wealth management projects, such as stocks, funds, bonds, wealth management products, etc. Or an enterprise where both buyers and sellers need liquidity, if the return on investment is higher than the loan interest rate, there is no need to choose to repay the loan in advance.

Fourth, the Postal Savings Bank repaid the loan in advance.

China Postal Savings Bank mortgage prepayment method: 1, with equal principal and interest (same monthly repayment amount). 2. Average capital (the monthly repayment amount is decreasing, and the first month is the largest). 3. Repay the principal and interest in equal installments, and repay the interest monthly within the grace period (the longest is 1 year), and repay the principal and interest monthly after the grace period, with the monthly principal and interest amount unchanged. 4. The method of repayment of principal by installments, in which the interest is repaid monthly within the grace period (the longest is 1 year), and the principal and interest are repaid monthly after the grace period, with the monthly repayment of principal unchanged. 5. One-time repayment of principal and interest, that is, one-time repayment of loan principal and interest on the loan maturity date. : China Postal Savings Bank's application materials for prepayment of mortgage shall be handled at the bank with valid identification, housing loan contract signed with the bank and documents required by relevant banks. The prepayment method of China Postal Savings Bank mortgage is 1, with equal principal and interest (the monthly repayment amount is the same); 2. Average capital (the monthly repayment amount is decreasing, and the first month is the largest); 3. Repay the principal and interest in equal installments. Repay the interest on a monthly basis within the grace period (the longest is 1 year), and repay the principal and interest on a monthly basis after the grace period, with the monthly amount of principal and interest unchanged; 4. The method of repayment of principal by installment, in which the interest is repaid monthly within the grace period (the longest is 1 year), and the principal and interest are repaid monthly after the grace period, with the monthly repayment of principal unchanged; 5. One-time repayment of principal and interest, that is, one-time repayment of loan principal and interest on the loan maturity date. Under what circumstances is it not suitable for China Postal Savings Bank to repay the mortgage in advance 1, and the loan customers who enjoy the provident fund loan and the 30% interest rate do not have to rush to repay it. Because the current 5-year loan interest rate of 30% discount is lower than the 5-year deposit interest rate, it is more appropriate for customers to deposit their money in the bank than to repay the loan in advance. If such a customer repays the loan in advance and then borrows money to buy a house, the bank will implement the latest loan policy, and the benchmark interest rate will rise by 1. 1 times, and the borrower will lose more than it gains. 2. It has been more than five years since the repayment of the equal principal, and most of the prepayment is interest. If the loan is repaid in advance after five years, it can be said that the principal is more. Therefore, from the perspective of capital utilization, other investment channels can be considered, especially those whose annual rate of return exceeds the bank mortgage interest rate. 3. If the customer has other better investment and wealth management projects, such as stocks, funds, bonds, wealth management products, etc. Or an enterprise where both buyers and sellers need liquidity, if the return on investment is higher than the loan interest rate, there is no need to choose to repay the loan in advance. Repayment method Repayment method refers to the way that the borrower repays the principal and interest of the loan, and the interest is calculated according to the remaining principal of the borrower. Different repayment methods determine the speed of principal repayment, which leads to different total interest payments. Matching principal and interest repayment method: the principal increases month by month, the interest decreases month by month, and the monthly repayment amount remains unchanged; Average capital repayment method: the principal remains unchanged, the interest decreases month by month, and the monthly repayment amount decreases.