There is no interest for the next three years. 150,000 yuan The loan period is five years, and all the balance will be paid off in full two years in advance. If you agree with the bank in the loan contract that you can repay the loan in advance, the interest will be counted until your repayment date, and the interest for the remaining two years is of course not counted. If there is no agreement to repay the loan in advance, you should contact the bank first to confirm whether there is a penalty for prepayment. Liquidated damages refer to a certain amount of money paid by a party to a contract for its breach of contract when it fails to perform or improperly performs the contract.