House loan portfolio loans require the establishment of two separate accounts. The provident fund loan part adopts a free repayment method, and the commercial loan part adopts a repayment method confirmed by a commercial bank.

1. The provident fund part can be repaid freely, that is to say, we can set a lower repayment amount every month, but the monthly supply must be greater than this amount. If you have more money in your provident fund account, you can sign up for the monthly transfer repayment service. If you repay the monthly repayments, you will pay them back through your provident fund account first. If your account is insufficient, your bank's repayment discount will ease your burden.

2. The commercial loan part is the same amount of principal and equal principal and interest. Business loans can automatically deduct funds from the bonded repayment account every month, requiring sufficient funds to be deposited into your repayment account every month. At the same time, in combination loans, the loan terms of provident fund loans and commercial loans must be consistent.

Notes on combination loans

1. Only provident fund depositors can apply for combination loans

The combination of commercial loans and provident fund loans at the same time is a combination loan , so if you want to buy a house through a combination loan, you must ensure that you have paid a sufficient amount and time of provident fund, and you must also meet the provident fund loan conditions, and the provident fund account is still open In normal deposit status.

2. Use enough provident fund loan

When a home buyer applies for a combination loan, one thing to note is to use up all the provident fund loan limit, and it must be used first Provident fund loans, when applying for portfolio loans, try to extend the loan period and shorten the commercial loan period to the greatest extent, so that the monthly repayment amount can be reduced and the loan cost can be saved.

3. Repay the commercial loan in advance first

Some home buyers will have the intention to repay in advance after buying a house with a loan, so when the home buyer has the idea of ??repaying in advance , then home buyers should give priority to repaying the commercial loan when applying for it. Don’t worry about provident fund loans, because when you apply for a loan, the provident fund loan interest rate will be lower than that of commercial loans, so if you repay the commercial loan first Clear, borrowers can save a lot of mortgage interest.

4. Determine the loan amount

When a home buyer applies for a combination loan to buy a house, the home buyer should first determine the price of the house he wants to buy, so that he can determine The loan amount of the provident fund cannot be changed once the provident fund loan amount is determined. Therefore, when the home buyer is applying, he must go to the provident fund management center to check the maximum loan amount, and determine the final loan application based on his own situation. amount.