Question 1: Can the mortgage repayment method be changed? The repayment method can be changed. Specific operation: Go to the bank to contact the account manager who lends you a loan, fill out an application form, change the repayment method, sign your name and press the red fingerprint. Change to a decreasing monthly repayment method. No other procedures are required, it’s very simple.

There are usually two methods of mortgage loans for general housing loans. Equal amounts of principal and equal amounts of principal and interest;

The method of fixing the monthly amount mentioned by the poster is the equal amount of principal and interest. The monthly repayment amount is the same. At the beginning, most of it is interest and principal. Relatively few.

Another commonly used method is equal principal, which means that the principal is repaid the same every month during the loan repayment period, and the interest gradually decreases as the principal decreases. The final monthly payment is principal only.

Hope this helps.

Question 2: Can the repayment method of the mortgage be modified? You can negotiate this with the bank. After all, you have signed a loan contract. You can choose to repay the loan early, which can also save loan interest. It is best to choose to reduce the loan period instead of reducing the monthly repayment amount. The former has a more obvious interest-saving effect than the latter.

Question 3: Can the loan repayment method be changed? In fact, the repayment method can be changed, but you have to negotiate with the bank and re-sign the contract, which is very troublesome. I don’t know if you have done it before The repayment methods are almost the same. The most important thing is that if you have money, you can partially repay the loan in advance, so as to reduce your loan interest. If you have savings and do not invest, it is better to repay the loan as soon as possible. of.

I wish you all the best! ! !

In fact, it is correct for you to repay in advance and choose the repayment method of equal principal and interest, so that the repayment amount in each period is the same and easy to control. The repayment method of equal amounts of principal means that the initial repayment pressure is greater, and the amount is smaller as the repayment becomes smaller. It is better for you to save money and make partial early repayment. Partial early repayment is the most appropriate.

Question 4: Can the mortgage loan method be changed? A. Principal and interest repayment method VS principal repayment method. Friendly reminder: The difference between the total amount of repayment between the principal repayment method and the principal and interest repayment method is different from the loan repayment method. Time and loan amount are closely related. Citizens who want to borrow money to buy a house can choose their own loan repayment method after calculating according to the corresponding formula. B Repaying the loan early: Or the "principal method" saves money? Some citizens may repay the loan early after buying a house. So, in this case, which repayment method saves money? In specific circumstances, citizens can still apply the corresponding formula calculations. Here, we still calculate based on the loan of 300,000 yuan, the term of 20 years, and the monthly interest rate of 4.2‰. It can be calculated that the principal repayment method still has less interest. If after 5 years, the citizen repays the loan in one lump sum in advance, according to the principal and interest repayment method, in 5 years, the principal has been repaid 49,457 yuan, the interest has been repaid 69,733 yuan, and the remaining principal 250,543 yuan needs to be paid in one lump sum; According to the calculation of the principal repayment method, in 5 years, the principal has been repaid to 75,000 yuan, and the interest has been repaid to 66,308 yuan, and another repayment of 225,000 yuan will be enough. Comparing the two repayment methods, the interest paid by the principal repayment method is 3,425 yuan less than the principal and interest repayment method. Bank C: The contract cannot be changed. Since there is such a big gap in total repayment between the equal principal repayment method and the equal principal and interest repayment method, can the principal and interest repayment method be changed to the principal repayment method? Yesterday, the reporter interviewed Industrial and Commercial Bank of China, which has the largest personal commercial housing loan amount. A staff member surnamed Chen from the business operation department of the Gulou Branch of the Industrial and Commercial Bank of China, which was the first to engage in personal housing loans in Nanjing, said that since the Gulou Branch of the Industrial and Commercial Bank of China started to engage in personal housing mortgage loans in 1995, it has always adopted the equal principal and interest repayment method. Convenient and simple, not only banks recommend this method, but home buyers also approve of it. As for whether the principal and interest repayment method can be changed to the principal repayment method, so far, banks have not encountered such a thing; they have encountered it because a loan contract has been signed between the home buyer and the bank, and the contract has been implemented. , it certainly cannot be changed.

The statements of some other banks are basically the same as those of the Gulou Branch of the Industrial and Commercial Bank of China, that is, the contract has come into effect and cannot be changed. Lawyer D: Banks have the obligation to inform. At the same time, many citizens asked that their mortgage loans were handled by real estate companies. They only signed a signature and did not know that there are two ways to repay. In this case, the real estate company should be responsible. What kind of responsibility? In this regard, Zhu Xiaofeng, a lawyer from Nanjing Tongda Law Firm, believes that when a house buyer needs a commercial loan to purchase a commercial house from a developer, he or she must obtain a loan from a bank through the developer. The developer plays a bridging role in the lending relationship between the house buyer and the bank. As a developer, although it is not the subject of the loan and does not assume corresponding responsibilities and obligations for the loan contract, when communicating with home buyers and banks, it is aware of the two repayment methods in commercial loan repayments, and developers should make this clear to home buyers. In the loan contract signed with the home buyer, the bank clearly stipulates the obligation to inform the home buyer of the pros and cons of the two repayment methods. In the actual lending relationship, the bank violates this notification obligation, but at present, the relevant laws of our country do not clearly stipulate what responsibilities the bank should bear for violating this obligation. How should the home buyer protect his legitimate interests? Unless the home buyer states in the contract The relevant provisions are written in the terms. At the same time, in the home purchase loan contract, if there is a major misunderstanding or obvious unfairness, the home buyer can request the bank to revoke or change the relevant terms, that is, change the repayment method, in accordance with the "Contract Law"

Question 5 : Can the repayment method of a mortgage be changed? Hello, the repayment method of a mortgage can be changed.

Specific operations:

Go to the bank to contact the account manager who lends you a loan, fill out an application form, change the repayment method, sign your name and press the red fingerprint.

Change to a monthly decreasing repayment method, and no other procedures are required.

There are usually two methods of mortgage loans for general housing loans: equal principal and equal principal and interest;

The equal principal and interest method is to repay a fixed amount every month, and the monthly repayment is The amount is the same. At the beginning, most of it is interest and the principal is relatively small.

Another commonly used method is to repay the same principal each month during the loan repayment period. The interest gradually decreases as the principal decreases. The repayment amount in the last month is only the principal. gold.

Note: The specific repayment method required requires personal agreement with the bank.

Question 6: Can the repayment method and term of the mortgage be changed? How many times can it be changed? The term can be changed.

But if you want to change the repayment method from equal amounts of principal and equal amounts of principal and interest, or pure business to provident fund or mixed, it is not possible.

The deadline cannot be changed at will. Generally, you can apply for an early loan after one year of the loan. At this time, you can apply to keep the repayment amount unchanged and shorten the repayment period. Although there is no limit to the number of times, if you change it this month and next month, the bank may not necessarily agree.

If you pay back some in advance this year, you will pay back in advance next year. When applying for early repayment, there is no limit on the number of early repayments.

It is best to consult with your lending bank. Because different banks have different policies.

Question 7: Can the repayment method of a bank loan be changed? Hello, generally not, because: 1. The loan contract has been signed and the loan method and repayment method have been stipulated; 2. The bank system has already The relevant information has been created, and it is very troublesome to modify it. The bank will not modify it casually.

Question 8: I want to change the mortgage repayment method. Is it possible? Some banks can change it, some do not allow it, and some require payment of liquidated damages. You have to consult yourself.

You have already repaid the loan for two years. If you repay the principal and interest in equal installments, you have already paid a large amount of interest. If you repay the loan in advance using this method, you will be at a disadvantage and you will have to pay a considerable amount of interest. , but you can think of it now, it is more cost-effective to change the total amount, but it may not save much. I don’t know how much your loan limit is. If the limit is large, there is still a lot of money that can be saved

Question 9: Can you change the repayment method of a credit card? I would say it’s better to use the full amount, unless you have trouble with cash flow. Moreover, if you want to increase the limit of your China Merchants Bank credit card in the future, it is best to choose the "full repayment" method.

Full repayment:

This is easy to understand. . I won't explain it. . .

Minimum repayment amount:

10% of the current consumption amount, 10% of the current overdraft cash withdrawal, interest and fees for this month on the unpaid amount last month

Differences :

Repay in full, no interest or fees will be charged;

Minimum repayment, the remaining balance will be subject to an interest fee of 0.05% of the daily interest rate (but Will not affect personal credit record).

Question 10: Can the repayment method be changed by repaying the loan early? The equal principal repayment method: the monthly repayment principal remains unchanged and the interest gradually decreases. During this period, if you choose to repay the loan early, the repayment method will be The larger the principal, the lower the interest payment;

The equal principal and interest repayment method: the monthly repayment amount is the same. In the early stage of repayment, the interest payment is the largest and the principal is the smallest. Later, the interest payment will gradually decrease and the principal will gradually decrease. Increase. Therefore, experts point out that although the earlier the repayment is made, the interest burden will be correspondingly smaller, but it also depends on what kind of loan method is used.

Since the interest paid when repaying the loan in advance is not refundable, and after the same loan has been used for a period of time, the interest paid by the equal principal and interest repayment method will be higher than the equal principal repayment method, so buying a house If the investor wants to repay early from the beginning and the loan period is not very long, it is best to choose the equal principal repayment method.

Another financial planner has made preliminary calculations. Taking a 20-year loan term as an example, in the first 8 years of repayment, the amount of loan principal and interest repaid using the equal principal and interest repayment method is less than that of the equal principal repayment method. , and the amount of loan principal and interest returned by the equal principal repayment method in the next 12 years is less than the equal principal and interest repayment method.