How to repay the portfolio loan in Shijiazhuang?
1. It is understood that portfolio loans generally need to set up two independent accounts, because the two parts are separate loans. The provident fund implements free repayment, that is, we can set a low repayment amount every month, but the monthly repayment amount must be greater than this amount.
In fact, this amount is equal to the amount of principal and interest. But this amount is not mandatory, and the repayment amount can be temporarily adjusted every month. No matter how much money you have, you must reach a low repayment amount without money. Commercial loans include two repayment methods: average capital and equal principal and interest. At the same time, in portfolio loans, the loan terms of provident fund loans and commercial loans must be consistent.
Can Shijiazhuang portfolio loan repay the loan in advance?
1. It is actually feasible for us to repay the commercial loan in advance. Generally speaking, provident fund loans can be repaid in advance after a certain number of periods. There is no specific requirement on whether to repay the provident fund or the commercial loan in advance, and you can choose according to your actual situation. However, it should be noted that there are requirements for repayment of loans here. If it is the money in the provident fund account, it can only be returned first; If you pay for it yourself, you can choose which side to pay back first.
2. Under normal circumstances, the repayment order of commercial loans and provident fund loans in portfolio loans does not affect the total repayment amount. If you repay in advance, it is more cost-effective to repay the commercial loan with higher interest rate first. As for which party to repay first, the difference depends on the amount of prepayment and the length of the term.
3. There is no need to be too entangled in the repayment of portfolio loans. As long as you can calculate the repayment amount in advance according to the corresponding repayment method, you can plan the repayment method that suits you.
The above is about how to repay the portfolio loan in Shijiazhuang. It is necessary to understand the related issues of whether the portfolio loan in Shijiazhuang can repay the loan in advance. Portfolio loans are common, and it is ok if you want to repay the loan in advance, so it is still a very good loan method.