2. online inquiry: through online banking or loan bank APP, the general operation steps are "personal loan" > "my loan" > "loan inquiry", and you can see the mortgage balance.
3. Telephone inquiry: You can call the bank customer service phone and transfer it to manual customer service inquiry.
Can the mortgage be repaid in advance?
The mortgage can be repaid in advance, but it is not cost-effective. It needs to be considered according to your actual situation. The following situations are not suitable for prepayment.
1. People who repay with emergency funds:
If it is a property buyer who is short of funds and has limited economic ability, don't disturb the original financial planning. At the same time, the use of emergency funds will increase the risk of future life, and it is possible to "lose big because of small".
2, provident fund loans or enjoy more preferential loans:
As we all know, the interest rate of provident fund loans for more than five years is 3.25%, and the benchmark interest rate of commercial loans is 4.9%. Plus discount, the execution interest rate reaches 4. 165%, which can be said to be a very low level. Since you enjoy the lower discount rate, it is more cost-effective to do some other financial management with the idle funds in your hand.
3. People who enter the interim repayment period with equal principal and interest:
When the loan has entered the middle period of repayment, most of the monthly payment is the principal, and the significance of early repayment is not great. If the property buyers are not very rich, they may not be in a hurry to repay in advance. Especially in the later period of repayment, there is no need to use centralized funds to repay. This not only disrupts financial planning, but also is not conducive to the effective use of funds.
4. People whose repayment period of equal principal has reached 1/4:
If buyers pay more in the early stage, the pressure will be great. As the principal is decreasing, the monthly payment is also decreasing, which makes it easier to repay later. If you repay in advance at this time, the repayment part is actually more of the principal, which is not conducive to effective interest savings.