After one year of normal repayment, the loan of the house purchasing bank can be repaid in advance in part or in whole, and the number and amount of prepayment are not limited (unless it is agreed in the loan contract). Compensation for prepayment (i.e. liquidated damages) shall be implemented according to the loan contract.

In addition, by the way, the related problems after prepayment: if part of prepayment is made, the loan principal will be reduced, and the total interest will also be reduced after the principal is paid off. Monthly payments or years will be recalculated. If the number of years is selected, the monthly payment will be reduced after recalculation; If the monthly payment remains unchanged, the repayment period will be reduced. Then you can choose.

Mortgage to buy a house can repay in advance or shorten the repayment period, depending on the specific situation.

Repayment in full in advance: the loan bank shall go through the formalities of prepayment in full after reviewing the relevant materials.

Repayment in advance with the loan term unchanged: the loan bank instructs the borrower to fill in the relevant agreement. If the original loan guarantee method is mortgage insurance and mortgage registration has not been done, you need to go to the insurance company designated by the city center to go through the formalities of reducing the insured amount with the original policy, your ID card and relevant agreements, and the final agreement should be sent to the corresponding sub-center by the loan bank in time.

Where the original loan guarantee method is mortgage insurance and mortgage registration has been made, and the borrower who chooses non-mortgage insurance applies for partial repayment in advance and shortens the loan term: the loan bank instructs the borrower to fill in the relevant agreement, and the signed agreement is sent to the corresponding sub-center in time by the loan bank.

The mortgage insurance selected by the original loan guarantee method is still within the insurance period, and the mortgage registration has not been handled: the borrower can directly apply for early repayment in the guarantee center to shorten the loan period.

2. When can the mortgage be repaid in large amount?

After one-year regular repayment, you can apply for early repayment or partial repayment, and the loan applicant needs to confirm whether there is an agreement in the contract to restrict early repayment.

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Choose real estate; The lender confirms whether the property has bank support and can apply for housing mortgage loan.

Loan application; After confirming that the property selected by the lender has bank mortgage support, the lender should learn about the bank's provisions on mortgage loan support for buyers from the bank or the law firm designated by the bank, prepare relevant legal documents, fill in the mortgage loan application form, and prepare relevant application materials: (husband and wife) ID card, household registration book, proof of marital status, work certificate, income certificate and other materials stipulated by the bank.

Bank audit; The bank receives the relevant legal documents of the mortgage application submitted by the buyers, and arranges eligible mortgage loans. If the lender passes the examination, the bank will issue a loan consent notice or a mortgage commitment letter to the lender.

Sign relevant contracts; After the signing of the house purchase contract, the purchaser shall specify the loan amount, term, interest rate, repayment method and other rights and obligations with the relevant legal documents stipulated by the bank.

When handling the mortgage, the bank should go through the mortgage registration formalities with the real estate management department with the housing mortgage loan contract and the purchase contract. If the house is delivered in advance, the mortgage registration shall be changed after completion. Under normal circumstances, due to the relatively long term of mortgage loans, banks require buyers to apply for personal and property insurance to prevent loan risks. Property buyers who purchase insurance shall not interrupt the total insurance value during the loan performance period. Before the loan principal and interest are paid off, the bank shall issue an insurance policy.

Handling and determination of repayment account; After signing the Housing Mortgage Loan Contract, the lender opens a special repayment account in the financial institution designated by the bank according to the contract, and signs a power of attorney to authorize the institution to pay the loan principal and interest and arrears of the bank and mortgage loan contract from this account. Conditions, fulfill the obligations stipulated in the housing mortgage loan contract. And go through the relevant formalities and deposit it into the bank supervision account at one time as the purchase price.

I bought a house with a loan from CCB. When can I repay in advance and what do you want? ...

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Fourth, how to repay the large mortgage?

Due to the limitation of economic conditions, when buying a house, I will choose a loan, but after the loan, I want to repay the loan in advance, but according to the regulations of the bank, it is not so easy to repay the loan in advance. So how to repay the large mortgage, and what are the procedures for paying off the mortgage in advance? You got it? Now let's have a look.

First, how to repay the large mortgage?

In the first year of housing loan, repayment is not allowed. In the second year, if a large amount of repayment is required, it is a breach of contract, and it is necessary to pay liquidated damages to the bank. The specific amount depends on the situation. Moreover, before repayment, you need to submit an application for early repayment, put the loan amount into the repayment account together and inform the bank staff.

2. What are the procedures for paying off the mortgage in advance?

1. After buying a house with a loan, it is almost impossible for us to pay off the mortgage in advance, and it will basically be rejected by the bank. However, in a few banks, early repayment will be allowed, but a certain amount of liquidated damages will be required. As for the amount of liquidated damages, different regions have different standards, which need to be discussed with the bank.

2. If you are going to prepay, it doesn't mean that you can directly transfer the money to the repayment account. You must make an appointment with the bank and then communicate with the staff personally about the repayment. After all, the loan information is recorded in the computer and judged by the system. If the account is accessed directly and the application is not submitted, the loan information still exists.

3. When repaying in advance, you should either call the bank to communicate about prepayment or go to the bank to communicate in person. If the bank agrees to prepay, it can submit the contract, repayment card and ID card, and then it will give the loan settlement certificate.

3. How to repay the large mortgage? What are the procedures for paying off the mortgage in advance? Let me introduce it here first. You got it? If you want to repay the mortgage in a large amount, you must not only prepare enough money, but also get the consent of the bank.