If the prepayment is less than one year, the interest shall be charged for not less than three months; if the prepayment is over one year, the interest shall be charged for not less than one month.
There are two ways to repay the loan in advance:
One is to pay off all the remaining loans at one time;
The second is partial prepayment. Whether it is a commercial loan or a housing provident fund loan, the principal of each prepayment must be above 10000 yuan, and individual commercial banks also propose a minimum of 50,000 yuan (depending on the contract). Need to be reminded that some housing provident fund loans do not require an appointment. If full repayment is required, you should make an appointment with the housing provident fund loan undertaking bank by telephone.
Prepayment procedures: According to bank regulations, customers who prepay should submit a written application one week to one month in advance to agree on the repayment date; Then, according to the agreed date, bring my ID card and the loan contract signed with the bank to the bank, fill in the repayment application form and prepayment agreement, and deposit the loan to be repaid into your account for withholding the principal and interest of the loan according to the requirements of the bank; Automatic bank deduction; Each bank has no limit on the number of times to repay loans in advance. It can repay all or part of the loan at one time. Some borrowers who repay the loan in advance can choose two ways: reducing the monthly repayment amount and keeping the repayment period unchanged; Shorten the repayment period and keep the monthly repayment amount unchanged; Once the borrower's bank confirms, the prepayment application form is irrevocable. As a supplementary clause of the loan contract, it has the same legal effect as the loan contract.
: Definition of mortgage
Housing loan means that the buyer fills in an application for housing mortgage loan to the bank and provides legal documents such as ID card, income certificate, housing sales contract and guarantee. The bank promises to provide loans to the buyer, and after passing the examination, it will handle the mortgage registration notarization according to the house sales contract provided by the buyer and the mortgage loan contract signed between the bank and the buyer, and the bank will directly transfer the loan funds to the buyer's account. Housing sales units should go to the bank within the time limit stipulated in the contract.