Repayment method of portfolio loan:

First, use provident fund loans to extend the loan period as much as possible.

Compared with commercial mortgage, the loan interest rate of provident fund loan is relatively low, so it is welcomed by many borrowers. If we use the housing provident fund as much as possible when applying for portfolio loans and extend the loan period, it will be of great help to reduce the loan cost.

Second, shorten the term of commercial loans.

Since the interest rate of commercial loans is higher than the interest rate of provident fund loans, borrowers should shorten the term of commercial loans as much as possible and increase the monthly repayment amount of commercial loans as much as possible (within the family's economic tolerance).

Third, withdraw the provident fund to repay the loan

If your monthly repayment structure presents a state of "less provident fund loans and more commercial loans", then after the balance of the provident fund account offsets the monthly repayment of provident fund loans, the remaining balance can offset the commercial loans, which will save a lot of money.

Fourth, prepayment.

If you want to get rid of the status of "house slave" as soon as possible, you can also choose to repay in advance, but in order to save loan interest, you should give priority to commercial loans. However, not everyone is suitable for repaying the mortgage in advance, and everyone should choose according to their actual situation.