First, the mortgage loan contract has been signed, that is, the loan procedures have been completed. At this time, full payment is regarded as prepayment. Most banks require repayment for at least one year before they can apply for prepayment, but some banks have indicated that they can apply for prepayment at any time.
Two, the following three situations should not be repaid in advance.
1. Sign a loan contract and enjoy a discount of 30% to 8.5%.
As we have enjoyed the lower discount rate, we are now in the channel of interest rate reduction. If the central bank doesn't cut interest rates during the year, even if the latest interest rate is implemented at 65438+ 10/in June next year, the interest rate will only be lower than that in the previous period.
2. Buyers whose repayment period of equal principal has passed 1/3.
Since the average capital divides the total loan amount by half of the cost, the repayment interest is calculated according to the remaining principal. In other words, the later this repayment method is, the less the remaining principal will be, so the less interest will be generated. In this case, when the repayment period exceeds 1/3, the borrower has already paid nearly half of the interest, and the later repayment is mostly the principal, and the interest level has little effect on the repayment amount.
3. Buyers with equal principal and interest repayment reaching intermediate level.
Matching principal and interest repayment adds up the total principal and interest of the mortgage loan, and then distributes it evenly every month. The monthly loan interest is calculated according to the remaining loan principal at the beginning of the month and settled monthly. In other words, the proportion of principal in the monthly repayment amount increases month by month, and the proportion of interest decreases month by month. By the middle of repayment, most of the interest has been paid off, so it is of little significance to repay the loan in advance.
Extended data:
Early repayment means that the borrower applies to the bank to repay part of his loan in advance, and guarantees that the loan will be repaid in the current month without being overdue last month; Pay off all or part of the loan in one lump sum according to the date stipulated by the bank. Prepayment is generally divided into two ways: partial prepayment and full prepayment.
References:
Baidu encyclopedia-advance payment