The loan date plus one month is generally the first repayment date of the housing loan. If the interest is settled monthly and the principal is repaid at maturity, the interest shall be repaid on the date agreed in the contract from the following month; Interest shall be settled quarterly, and if the principal is repaid at maturity, the interest shall be returned on the 20th of each quarter; If the interest is paid off together with the principal, the principal and interest shall be returned on the due date agreed in the contract.

legal ground

Article 32 of the general principles of loans

The borrower shall repay the loan principal and interest in full and on time in accordance with the provisions of the loan contract. The lender shall issue a notice of repayment of principal and interest to the borrower before the short-term loan expires 1 week and the medium-and long-term loan expires 1 month; The borrower shall prepare funds in time and repay the principal and interest on schedule. The lender shall promptly issue a notice of overdue loan collection, and do a good job of overdue loan principal and interest collection. Lenders charge interest on loans that cannot be repaid within the time limit stipulated in the loan contract; If the principal and interest cannot be repaid or executed, it shall be urged to repay or bring a lawsuit. The borrower shall negotiate with the lender when repaying the loan in advance.