1. If the prepayment is less than one year, the principal will be charged at the monthly interest rate;

2. After one year of loan, no penalty will be charged;

3. If the housing loan is less than one year, the penalty interest will be six months. If you apply one month in advance, you can repay in advance. If the housing loan is over one year but less than three years, the penalty interest will be three months. After about seven working days, you take the real estate license to cancel the transfer. Housing loans for more than three years, with a penalty interest of one month.

Legal basis: Article 582 of the Civil Code of People's Republic of China (PRC).

If the performance is not in conformity with the agreement, it shall bear the liability for breach of contract in accordance with the agreement of the parties. If the liability for breach of contract is not stipulated or clearly stipulated and cannot be determined according to the provisions of Article 510 of this Law, the injured party may reasonably choose to require the other party to bear the liability for breach of contract such as repair, rework, replacement, return, price reduction or remuneration according to the nature of the subject matter and the size of the loss.

Article 577

If one party fails to perform the contractual obligations or fails to meet the contractual obligations, it shall be liable for breach of contract, such as continuing to perform, taking remedial measures or compensating for losses.

What is a breach of contract?

1. One party fails to perform the contractual obligations or the performance of the contractual obligations does not conform to the agreement;

2. One party clearly indicates or indicates by its own behavior that it fails to perform its contractual obligations;

3. Other legal circumstances, etc.