1, after withdrawing the provident fund, it will be "associated" with your loan repayment card. For example, after you make a monthly payment of 1500 and withdraw15,000 yuan, you are associated with a loan repayment card. After 10 months, there is no need to deposit money in the card, and the loan will be repaid with the money from the provident fund.
2. Withdraw all the balance in the provident fund account to repay the loan principal (once a year, there must be a certain balance in the account, which varies from place to place). After the principal is repaid, the loan principal will be reduced and the total interest will be reduced. Monthly payment or fixed number of years will be recalculated: if fixed number of years is selected,
3. After recalculation, the monthly payment will be reduced: if the monthly payment remains unchanged, the repayment period will be reduced, and you can choose at that time.
What is the process of buying a house with a commercial loan?
1. The buyer and the developer sign the Commodity House Sales Contract and pay the required down payment according to the contract requirements;
2. The purchaser shall, within seven days from the date of paying off the voluntary payment, provide materials that meet the requirements of the mortgage bank and directly apply for a mortgage loan from the developer cooperative bank. Specifically, it includes: commercial housing sales contract (for filing and registration), purchase down payment receipt, ID card, marriage certificate, income certificate and other materials deemed necessary by the bank;
3. The loan bank investigates and reviews all aspects and processes of the purchaser, and goes through the preliminary procedures with the purchaser who meets the basic conditions (including the purchaser's spouse), including loan application, * * * * repayment form, letter of commitment, conversation record, loan contract, IOU, etc. Then the purchaser opens a deposit account or bank card in the loan bank, and the bank reports it to the superior bank for approval;
4. The application approval period is generally within 7 days. For overdue loans, the marketing department timely connects with the bank to understand the situation, solve the problem, actively assist the purchaser to complete the loan, and sign the phased guarantee procedures with the mortgage bank in time;
5. After the lender approves the buyer's loan, the company will issue a receipt and issue an invoice to the buyer based on the receipt;
6. In the future, as long as the borrower leaves enough repayment amount in the deposit account or bank card before the 20th of each month (quarter), the loan bank will automatically deduct it from the borrower's account and settle it in full at maturity;
7. After the loan is returned, the loan bank cancels the collateral and returns it to the customer.