Extended data:
Do I need to pay interest for early repayment of housing loans?
Whether the borrower needs to pay interest after choosing to prepay depends on the contract. If you choose to pay off all at once, then the subsequent interest does not need to be paid. If the borrower chooses to repay part of the loan amount in advance, the interest calculated according to the loan interest rate agreed in the original loan contract will still be repaid later.
The part that needs to be paid attention to in repaying the loan in advance is not the loan interest, but the liquidated damages. For banks, it is a breach of contract for borrowers to choose to repay loans in advance. General banks will regulate the proportion of liquidated damages in the contract. The penalty charged by most banks is 0%-5% of the repayment amount of 65438+.
Therefore, when the borrower chooses to repay the loan in advance, it is best to call the bank customer service first and ask for details. If the borrower's repayment time has exceeded 3 years, there is a high probability that there is no need to pay liquidated damages.
Process after approval of house purchase loan:
After the house purchase loan is approved, as long as the customer signs the loan contract in time, handles the mortgage and other related procedures, and receives the loan funds, there is no follow-up process to go. After the money is transferred to the bank card under the customer's name, it is also automatically transferred to the account designated by the real estate developer, and the customer does not need to transfer money manually. At that time, the customer only needs to repay the mortgage on time and in installments according to the repayment plan agreed in the loan contract.
After the mortgage is paid off, the customer goes to the bank to handle the loan settlement procedures, handle the loan settlement certificate and get back other warrants; Then take the loan settlement certificate, other warrants and personal identity cards, housing property certificates and other information to the local housing authority to understand the mortgage procedures. When the house is deregistered, it really belongs to the customer.
In short, the whole mortgage process can be divided into the following steps:
The first step: choose a house, sign a house purchase agreement and pay a down payment;
Step 2: Go to the bank to apply for a loan;
The third step: the bank conducts an audit, and the evaluation agency evaluates the value of the house;
Step 4: examine and verify the loan amount and notify the customer;
Step 5: sign a loan contract and apply for mortgage;
Step 6: Bank loan.