1. The prepayment method and time of Bank of Communications housing loan will affect the liquidated damages. If partial prepayment is selected, the first prepayment is exempt from penalty interest, and the second prepayment is 65438+ 0% of the prepayment amount. If the loan term is more than 2 years and less than 5 years, and the loan term is settled in advance within 1 year, then the loan term is more than 5 years, and it will be settled in advance within 3 years, and 1% of the prepayment amount will be used as the penalty. Partial prepayment shall not be less than 6 times of the monthly repayment amount, and the maximum prepayment shall not exceed 35% of the monthly repayment amount.
2. If you repay in advance, you will have the opportunity to repay for free once a year. The specific situation of liquidated damages for early repayment of housing loans of Bank of Communications shall be subject to the contract, and can also be communicated with loan handling personnel. Bank of Communications has a variety of repayment methods, including equal principal and interest, equal capital and installment repayment. If the loan term is within 1 year, you can also choose one-time repayment of principal and interest, one-time repayment of principal and installment repayment, because these methods have low interest in the short term, so they are more cost-effective.
1. The following is the repayment process of Bank of Communications: In today's life, many people can now apply for loans from banks. Loans are not that complicated. As long as certain conditions are met, loans can basically be made. Many people apply for loans from Bank of Communications. Bank of Communications also supports loans and repayments.
2. The process of prepayment is as follows: First, you need to deposit enough money in the bank card; On June 16, take your ID card and property right certificate to the repayment department of Bank of Communications to fill out an application form for prepayment, and then hand it over to the bank's counter staff, who will help you with a series of procedures. After being audited by the bank, provide all repayment settlement lists and sign and seal them for confirmation; Handle repayment procedures in the business hall; Submit the repayment voucher to the repayment department and fill in the application for cancellation of mortgage registration; After the audit of Bank of Communications, other warehouse receipts will be released and thawed, and it will take about one week for the commercial housing loan to be repaid.