Portfolio loans can make up for the shortage of applying for provident fund loans and commercial loans. In fact, portfolio loans are equivalent to borrowing from two institutions at the same time. Therefore, the monthly repayment amount is also calculated separately when repaying. The borrower shall provide two repayment accounts of the same repayment bank for repayment of provident fund loans and commercial loans respectively, in no particular order.
Generally speaking, in portfolio loans, the provident fund loan part adopts the free repayment method, and the commercial loan part adopts the repayment method approved by the loan bank. Among them, the first way to deduct the provident fund loan is that the borrower entrusts the loan bank to withhold and pay the loan principal and interest through savings cards, passbooks and other means. When the borrower entrusts the loan bank to withhold the monthly repayment of the loan principal and interest through the savings card and passbook, it should also entrust the provident fund center and the loan bank to withdraw the housing provident fund (including supplementary housing provident fund and monthly housing subsidy) of himself and his spouse every month after the monthly repayment of the loan principal and interest, and transfer it to the borrower's housing provident fund card bank savings account as the withholding fund for repayment of the loan principal and interest next month.
When the borrower wants to repay in advance, it also repays separately. Because the interest on commercial loans is usually high, it is suggested that you repay the commercial loans first, and then the provident fund loans.