Generally speaking, the method of mortgage repayment cannot be changed. Because the personal repayment method was signed at the beginning, it is not easy to change. However, some banks support changing the repayment method, but the procedures are complicated.
3. Although most banks don't support changing the convenience of mortgage repayment, if an individual has a certain deposit now and has the ability to pay off the mortgage in advance or return part of the mortgage, he can apply for early repayment.
Extended data:
Mortgage loan refers to a loan business conducted by mortgage. For example, housing mortgage loan is a personal housing loan business in which buyers use the purchased housing as collateral and the real estate enterprises that purchase the housing provide regular guarantee.
The so-called mortgage means that the mortgagor transfers the property rights of the house to mortgage, and the beneficiary acts as the repayment guarantor. After the mortgagor pays off the loan, the property rights involved are immediately transferred to the mortgagor, and the mortgagor enjoys the right to use in this process.
Advantages of mortgage loan
1, spend tomorrow's money to round today's dream.
Mortgage is a loan, that is, borrowing money from the bank. You don't have to spend a lot of money to buy your own house right away, so the first advantage of mortgage to buy a house is that you can buy a house with less money.
2. Use limited funds for multiple investments.
From the perspective of investment, mortgage buyers can invest their funds separately, borrow money to buy a house and rent it, and then invest again, so that the funds can be used flexibly.
The bank will check it for you.
Borrowing money means borrowing money from banks, which naturally care about the quality of real estate projects. In addition to auditing yourself, banks will also help you audit developers and help you check, with a high degree of natural insurance.
References:
Mortgage loan-Baidu encyclopedia