Hello, I'm Zhang Jiu, the translator. I believe that many people are burdened with mortgages now, but they have to carry them. After all, the house is the foundation of our struggle. With a house, we don't need to say anything. However, many people only know how to repay the loan every month, but they don't know that there are some things that need attention during the repayment period. If they are not careful, they may lose money.

First: Beware of "down payment"

I believe everyone is familiar with the down payment loan. In fact, there are down payment loans for buying second-hand houses and new houses, which seems to be helpful for you to buy a house. In fact, the routine inside is very deep. Let's talk about new houses, such as 654.38+0 million yuan to buy a house. Under normal circumstances, you need a down payment of 300,000 yuan, but if you only have 6,543.8+0,000 yuan, the developer will let you make a down payment loan at this time in order to keep you. Moreover, the developer will tell you that this down payment loan doesn't need any interest, but one disadvantage of this down payment loan is that the cycle is particularly short, because it is an auction sale now, and the developer has to file tax returns within one year at most, so you must pay off this down payment loan within one year. Imagine that you need to pay off thousands of mortgages every month, and then you need to pay off 200 thousand down payment loans within one year. I believe many people will feel particularly stressed. If you still have a house, it is estimated that you need to sell your old house to repay this down payment loan, and the second-hand house is the same. Many intermediaries will give you money in advance, ostensibly to help you buy a house. In fact, the interest on paying back money in advance is very high, or you can borrow money directly by swiping a credit card or various software.

Second: Pay attention to the time node of prepayment.

Now many people choose equal principal and interest in their mortgages. What is equal principal and interest? That is to say, the money paid back every month is the same. The advantage of this repayment is that the early pressure is relatively small, and the disadvantage is that the early interest is relatively high. Many people will find ways to pay back in advance and reduce interest to save money for themselves. However, you must pay back the money in advance at a good time node, otherwise you will not save yourself interest. Generally speaking, if the loan is 20 to 30 years, it is more appropriate to advance in the first year 10, because the interest is higher at this time. If the repayment time is over half, it is recommended not to prepay, because the interest is almost paid at this time, and most of the rest is the principal, so you can save this money for a rainy day. And it should be noted that when prepaying, you must carefully look at the loan contract in your hand, because it involves the default option of prepayment.

Third: don't be overdue

Credit information is very important in today's society When we repay the loan, we may sometimes forget to pay it back. Don't panic at this time. We should call the bank to explain our real situation and let the bank know that we are not maliciously defaulting on repayment. Then we must never fail to repay the loan three times or six months in a row. If this happens, our credit information will be completely broken. At this time, any of our loans will not be used. If the situation is serious, the bank may recover our loan principal in advance.

Fourth: Never abandon the house and cut off the supply.

Many people think that it doesn't matter if their credit information is broken. If it doesn't go up, they don't want the house directly. However, the consequences are very serious. If you abandon your house for foreclosure, your house will immediately enter the judicial auction process, that is, become a legal auction house. Legal auction houses are characterized by low prices. If the transaction price of the house is not enough to repay your loan principal, then the bank still has to recover the remaining principal.

Fifth: Don't forget to put the loan back.

This is a step that many people ignore. Quite a few people think that as long as the bank loan is paid off, the property right of the house belongs to the individual completely. Actually, it's all wet. Don't forget to remove the mortgage as the last step to pay off the loan. There are two steps to release the mortgage. The first step is to go to the bank and ask the bank to issue a certificate of loan settlement and other warrants, also known as the mortgage certificate. Step 2: Hold ID card, real estate license (real estate license) and loan settlement certificate.

The above are five things to pay attention to in the process of repaying the mortgage. I hope everyone can pay attention to it, repay the mortgage as soon as possible and have their own complete house.