The so-called "portfolio loan" is actually to apply for personal housing provident fund loans while handling personal housing commercial loans. If you apply for a portfolio loan, the requirement that this running water is twice the monthly payment also needs to be aimed at the provident fund loan part, so the portfolio loan running water is twice that of the provident fund.

What are the precautions for portfolio loans?

1. There are many ways to borrow money. Only provident fund depositors can apply for portfolio loans: the so-called portfolio loans, that is, "commercial loans+provident fund loans" loan model. Therefore, to apply for this loan, the borrower must pay the provident fund in full and on time at the place where the house is to be purchased, and the provident fund account is still in the normal payment state. Make full use of provident fund loans: when applying for portfolio loans, buyers should make full use of provident fund loans, extend the loan term as much as possible, and shorten the commercial loan term to a great extent, so as to reduce the monthly repayment amount and save the loan cost.

2. Commercial loans should be paid back before the repayment period: friends who apply for portfolio loans to buy a house should give priority to commercial loans if they want to repay loans before the repayment period, because the loan interest rate of commercial loans in portfolio loans is higher than that of provident fund loans, and borrowers can save a lot of mortgage interest if they pay off commercial loans first. Once the loan amount of the provident fund part of the portfolio loan is determined, it cannot be changed, so the loan applicant and spouse need to go to the provident fund management center to inquire about the loan amount and determine the final loan amount according to their own situation.

3. The loanable amount of portfolio loans is determined by two aspects, namely, the amount of provident fund loans and the amount of commercial loans. The lower of the two is the loanable amount of the portfolio loan. Choose the repayment method that suits you: For every borrower, when signing a loan contract with a bank, you should first understand these repayment methods and determine the repayment method that suits you, because once the repayment method is agreed in the contract, it is generally not allowed to change during the whole loan period.