Yes, you can.
Because the interest rate of commercial loans is high, the commercial loans that are repaid in advance are the provident fund loans that are repaid after the commercial loans are repaid.
As of 2065438+September 2009, there is no express provision for prepayment of portfolio loans, so you can choose it yourself.
When individuals can't pay the purchase price through provident fund loans, they can apply for portfolio loans from the handling bank entrusted with provident fund loans. After the two loans are approved, the bank will transfer them to the account of the selling unit at the same time. In portfolio loans, the loan term, loan date and repayment date of provident fund loans and commercial loans are the same, but different interest rates are implemented.
Extended data:
(1) The full name of personal housing entrusted loan is personal housing guarantee entrusted loan, which refers to the personal housing loan entrusted by the housing fund management center to commercial banks by using the housing provident fund. Housing provident fund loan is a policy personal housing loan, on the one hand, the interest rate is low; On the other hand, it mainly provides such loans to low-and middle-income workers who pay the provident fund.
However, because the interest difference between housing provident fund loans and commercial loans is above 1%, both investors and ordinary people who buy houses and live in their own homes are more inclined to choose housing provident fund loans to buy houses.
(2) Personal housing self-operated loans are loans granted to individual buyers with bank credit funds as the source. Also known as commercial personal housing loans, the loan names of banks are different. China Construction Bank is called individual housing loan, and Industrial and Commercial Bank and Agricultural Bank are called individual housing guarantee loan.
Baidu encyclopedia-house purchase loan
Can portfolio loans pay off commercial loans in advance?
Portfolio loans can pay off commercial loans in advance.
20 14 "after the central bank issued the policy of" repaying loans but not housing ",it was mainly beneficial to citizens who used portfolio loans and repaid in advance. At present, citizens with provident fund portfolio loans can choose the repayment amount of commercial loans or provident fund loans independently, and no longer need to repay in the same proportion.
Extended data:
Repayment method of portfolio loan:
1. Make full use of provident fund loans and extend the loan term as much as possible.
Compared with commercial mortgage, the loan interest rate of provident fund loan is relatively low, so it is welcomed by many borrowers. If we use the housing provident fund as much as possible when applying for portfolio loans and extend the loan period, it will be of great help to reduce the loan cost.
2. Shorten the term of commercial loans.
Since the interest rate of commercial loans is higher than the interest rate of provident fund loans, borrowers should shorten the term of commercial loans as much as possible and increase the monthly repayment amount of commercial loans as much as possible (within the family's economic tolerance).
3. Withdraw the provident fund to repay the loan
If your monthly repayment structure presents a state of "less provident fund loans and more commercial loans", then after the balance of the provident fund account offsets the monthly repayment of provident fund loans, the remaining balance can offset the commercial loans, which will save a lot of money.
4. Advance payment
If you want to get rid of the status of "house slave" as soon as possible, you can also choose to repay in advance, but in order to save loan interest, you should give priority to commercial loans. However, not everyone is suitable for repaying the mortgage in advance, and everyone should choose according to their actual situation.
References:
The central bank issued a new policy of "recognizing loans but not recognizing houses"
Can the portfolio loan repay the commercial part in advance?
Portfolio loans can repay the commercial part in advance, but portfolio loans involve two institutions, so borrowers can freely choose to repay any kind of loans first, and local provident fund centers and banks will have their own corresponding regulations. Moreover, when the portfolio loan applicant repays in advance, the provident fund loan and the commercial loan must maintain a certain proportion, and not only one of them can be repaid. If so, it is impossible to repay the commercial loan in advance.
In the process of using portfolio loans to buy a house, if you intend to repay in advance, you should give priority to repaying commercial loans, because the interest rate of provident fund loans is lower than that of commercial loans, and it will save money to settle commercial loans first and then repay provident fund loans.
Can I repay the commercial loan first for the portfolio loan?
If you set the same deduction dates for provident fund loans and commercial loans, the provident fund loans and commercial loans in the portfolio loans will be deducted in batches, but the deduction time range is short and the order is uncertain.
The automatic deduction method for personal commercial loans is twice a day. The system will automatically deduct once before the loan account is opened on the morning of the repayment date, and make the second automatic deduction after the business ends on the same day (normally, automatic deduction will be started every night 18, so it is recommended that you deposit enough funds in advance to avoid overdue), and repay the loan account arrears according to the principle of "as much as you can deduct" (in case of deduction as usual on Saturday, Sunday and legal holidays, do not do it.
Please consult the provident fund management center in detail for the deduction time of provident fund loans.
The above contents are for your reference. Please refer to the actual business regulations.
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