First, yes.

The loan term can be changed. You can apply for early repayment after one year of repayment. The prepayment amount is generally an integer multiple of 1 10,000, and you can apply for changing the loan term at the same time. It should be noted that each bank has different requirements for advance payment. Before applying, you need to carefully check the requirements of your loan contract. There may be a handling fee for the advance payment. Some property buyers will adjust the loan term according to their own economic situation. Usually, the repayment period cannot be changed directly, but it can be changed if you negotiate with the bank. In addition, you can go to the bank to repay in advance. Of course, prepayment must mean that you have spare money to repay tens of thousands of principal directly to the bank. There are two options after prepayment: first, the repayment period remains unchanged, and the monthly repayment amount is reduced; Second, the monthly repayment amount remains unchanged and the repayment period is shortened.

Second, the relevant contents of bank loans

1. Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.

2. The "three principles" refer to safety, liquidity and efficiency, and are the fundamental principles of commercial banks' loan operation. Article 4 of People's Republic of China (PRC) Commercial Bank Law stipulates: "Commercial banks should operate independently, bear their own risks, be responsible for their own profits and losses, and be self-disciplined, and take safety, liquidity and efficiency as their operating principles."

3. For example, if a long-term loan is granted, the interest rate will be higher than that of a short-term loan, and the benefit will be good. However, if the loan term is long, the risk will increase, the security will decrease and the liquidity will weaken. Therefore, the "three natures" should be harmonious, so that there can be no problem with the loan.

The loan term is 10. Can it be converted into 20 years?

If no loan contract is signed, the 20-year loan period can be changed to 10 year, because the previous 20-year loan period was only verbally agreed. And the loan contract has been signed, so the loan term cannot be changed after 20 years. Usually, only a mortgage can apply for such a long loan term, so users must seriously consider it when signing a loan contract and choosing a loan term.

However, you need to go to the credit department of the bank to make changes and pay a penalty, which is one thousandth of the loan amount. If there is still 654.38 million yuan, you have to pay 100 yuan. This specific handling method requires you to consult the bank! Or call the bank's service hotline, CCB 95533, BOC 95566, ICBC 95588 and ABC 95599.

The loan term can be changed.

Banks should review and evaluate the monthly repayment credit during the loan period. If they can repay on time every month, there is no default, and their personal credit qualifications have no bad records, the bank can change the repayment period for them.

Steps/methods

1. The borrower shall repay the mortgage loan in full and on time;

2. If the borrower suffers from serious illness or major changes in work and family, the borrower shall provide corresponding certificates.

3. The extended loan period (including the borrowing period) shall not exceed 30 years (the second-hand house shall not exceed 20 years).

4, operation process:

(1) When applying to Bank of Communications for extending the loan term, the borrower shall provide the following materials:

1, original house mortgage loan contract;

2. Original property ownership certificate of the house purchased (if any).

(2) After the examination and approval of Bank of Communications, the parties concerned sign the Change Agreement.

(3) Notarization of change agreement.

(4) go through supplementary insurance procedures.

(five) to go through the registration formalities for the change of loan term.

I hope it helps you!

Can the loan term be changed?

A: The term of mortgage loan can be changed. You can apply for early repayment after one year of repayment. Generally, the prepayment amount is an integer multiple of 1 10,000, and you can apply for changing the loan term at the same time of repayment. The time limit cannot be extended, but it can be shortened. Go to the bank to apply for prepayment, usually in equal amount, which will shorten your loan period and increase your repayment frequency.

1. Can I repay part of the mortgage in advance to change the service life?

If the bank is allowed to shorten the repayment period, but the monthly payment amount remains unchanged, then the repayment period can be changed in advance. Moreover, some banks can only modify the monthly repayment amount and cannot shorten the mortgage period. Therefore, users should repay part of their mortgage in advance, and it is best to consult the bank in advance, which cannot meet their own needs, so paying part in advance can only reduce interest.

Second, what problems should be paid attention to when repaying the mortgage in advance?

The first point: prepayment requires an appointment in advance, and prepayment has time requirements. Most banks can only apply for early repayment after the loan application 1 year, and some banks can repay in advance at any time, such as Huaxia Bank.

The second point: the borrower generally needs to make a phone call or write a written request to repay the loan in advance. At that time, he will bring his ID card and loan contract to the bank to handle the relevant prepayment procedures. The prepayment of the loan can be paid in part or in whole at one time. If the final loan repayment is settled, the bank can calculate the total loan interest and deposit the repayment amount into the repayment bank card.

The third point: when repaying the mortgage in advance, we should also pay attention to the change of interest. The new interest rate standard will be recalculated in the first month of the second year after the interest rate is lowered. Therefore, the borrower should pay attention to seize the opportunity when repaying the loan in advance, and pay off the loan as early as possible in the previous year.

Fourth: If you pay off the loan in one lump sum, you must remember to surrender the loan in advance after paying off the loan, and then the bank will issue a settlement certificate. The borrower calls the insurance company with the original settlement certificate, the original policy and the original invoice to make an appointment for surrender.

Can the term of bank loan be changed?

The loan term can be changed. The user has signed a loan contract, and the loan term agreed in the contract cannot be changed. When choosing the loan term, users should consider the future repayment ability and the current economic situation, so as to choose the appropriate loan term.

Can the term of personal business loan be changed?

The loan term can be changed. For example, in order to pay less interest in the future, we can negotiate with the bank to shorten the loan period to 15 or 10.

Banks should review and evaluate the monthly repayment credit during the loan period. If they can repay on time every month, there is no default, and their personal credit qualifications have no bad records, the bank can shorten the repayment period for them. Shortening the loan period is equivalent to repaying the loan in advance, shortening the loan period and the loan principal.

Extended data:

For the loan extension business, the Notice requires banking financial institutions to effectively manage the whole process of loans, including mastering the information of small and micro enterprises through multiple channels, ensuring that they meet the conditions for issuing new loans, strengthening the internal control of loan extension business, marking the loan extension separately in the credit system, and strengthening post-loan management.

Do a good job in field investigation and customer return visits, dynamically pay attention to the borrower's operation, finance and capital flow, improve the frequency of inspection and evaluation of loan renewal risk classification, and prevent artificial manipulation of loan risk classification.

At the same time, the CBRC requires banking financial institutions to strengthen loan risk management accordingly. Banking financial institutions shall formulate corresponding risk management systems, establish business operation procedures, define customer access and business authorization standards, reasonably design and improve supporting documents such as contracts, and improve information technology systems.