I took out a provident fund loan of 500,000 yuan, but I still have 50,000 yuan left in my card. Can I repay the loan in advance?

Yes.

According to the housing provident fund's "Entrusted Loan Contract", after 12 regular repayments, the borrower can repay part of the loan in advance, or pay off the remaining principal and interest of the loan in full. When partially repaying a loan in advance, the minimum principal amount repaid each time shall not be less than 10,000 yuan. The real estate mortgage removal procedure can only be completed after the housing provident fund loan is settled in advance or normally. The specific handling process is as follows:

(1) Handling process for partial repayment in advance:

① Prepare funds and deposit them in the loan repayment passbook (card)

②Go to the designated branch of the entrusted bank to repay the loan

(2) Process for all settlements in advance:

①Prepare funds and deposit them in the loan repayment passbook (card)

②Go to the designated branch of the entrusted bank to repay the loan

③Go to the Housing Provident Fund Management Center to complete the relevant procedures

④Go to the guarantee company to complete the relevant procedures

⑤Arrive The Housing Authority handles the procedures for removing the property mortgage. 250,000 provident fund loan for 30 years, which way is more cost-effective to repay the loan early?

Hello, there are two ways to repay the loan early. First, shorten the repayment cycle; second, reduce the monthly payment and reduce the overall interest amount. It would be more cost-effective to shorten the repayment period. Does a provident fund loan have to be repaid for one year before it can be repaid in advance?

Hello, generally speaking, the loan can only be repaid after a certain period of time. The details depend on the relevant provisions in the loan contract. , please be informed. Provident fund loan of RMB 300,000, 12 years, has been repaid for 3 and a half years. Is it appropriate to repay the loan early now?

The interest rate of provident fund loan is lower than that of 5-year time deposit, so why should we pay it back?

If you deposit money in the bank regularly for 5 years, you will not lose money. If you have extra money for no reason, you can use it at any time. Can provident fund loans in Qingdao be repaid in advance?

It is possible to repay the loan in advance. Prepayment includes early partial repayment and early repayment of the entire remaining loan. If the borrower repays part or all of the loan in advance, it must comply with relevant business regulations and obtain the consent of the Provident Fund Center before completing relevant procedures.

For partial early repayment, the borrower can automatically set the partial early repayment amount directly through the telephone language system. If the repayment is clear at one time, the borrower needs to go to the Housing Provident Fund Management Center to apply for an appointment with his or her ID card. The Provident Fund Management Center will help the borrower one by one according to the borrower's requirements and the bank's policy for opening a provident fund storage card. Generally, the appointment time can be as short as a few days or as long as no more than a month.

Can the balance in the provident fund loan card be used against the mortgage loan in advance?

The balance in the provident fund loan card cannot be used against the mortgage loan in advance. It can only be withdrawn once a year or apply for monthly provident fund payment.

To repay the principal and interest of the housing loan and withdraw the provident fund, you need to provide the following information:

1. The original and photocopy of the loan contract;

2. A photocopy of the house purchase contract;

3. The original and photocopy of the down payment invoice;

4. The original and photocopy of the employee’s ID card for withdrawing provident fund;

5. The employee withdrawing provident fund My bank savings account number;

To withdraw the provident fund of the employee's spouse, in addition to the above information, the original and photocopy of the spouse's relationship certificate and a photocopy of the main buyer's provident fund withdrawal record are also required. When can ICBC provident fund loans be repaid in advance, starting from tens of thousands?

Generally speaking, commercial loans can be applied for early repayment after 6 months of normal repayment. You can choose partial repayment or one-time payment You can repay it in full, but the amount of partial repayment generally cannot be less than 10% of the loan amount. Please consult your lending bank for details. Is it necessary to repay the provident fund loan in advance, 57 loan?

Documents required for early repayment:

1. Original and photocopy of ID card;

2. Proof of loan account number (including but not limited to : Loan contract, statement, repayment plan, etc.);

3. Repayment card.

The methods of early repayment are:

1. Full repayment in advance

After the lending bank has verified that the relevant materials are correct, the loan bank will go through the full repayment procedures in advance.

2. Partial repayment in advance and the loan term remains unchanged

The lending bank instructs the borrower to fill in the relevant agreement. If the original loan guarantee method is "mortgage + insurance" and the mortgage registration has not been processed, you need to bring the original policy, your ID card and the relevant agreement to the insurance company designated in the city center to go through the insurance reduction procedures. The final signed agreement should be signed by the loan The bank will promptly send it to the corresponding branch center.

3. Borrowers who choose "mortgage + insurance" as the original loan guarantee method and have completed mortgage registration, and borrowers who choose "non-mortgage + insurance" apply for partial repayment in advance and shorten the loan term

< p> The lending bank guides the borrower to fill in the relevant agreement, and the signed agreement should be sent to the corresponding sub-center in a timely manner by the lending bank.

4. If the original loan guarantee method of "mortgage + insurance" is still within the insurance period, and the mortgage registration has not been completed

The borrower applies for partial repayment in advance and shortens the loan term. You can go directly to the guarantee center to apply. There is no time limit for one-time early repayment. However, due to the different standards set by provident fund centers in various places, for example, Beijing Provident Fund adopts free repayment, and the borrower only needs to make adjustments three working days before the current repayment date (excluding the repayment date), and it can be processed after passing the audit. But it can only be adjusted once per period. For details, please consult the local provident fund management center. I have a housing loan of RMB 450,000 over 30 years. Can I repay RMB 100,000 in advance so that there is still RMB 350,000 left in the commercial loan? This RMB 350,000 can then be converted into a provident fund loan?

Commercial loans can be converted into housing provident fund loans.

To convert a commercial loan into a provident fund loan, the borrower should meet the following 7 conditions at the same time:

Meet the city’s housing provident fund loan application conditions;

The borrower must be The borrower or spouse of the original housing loan (must be the buyer);

The original commercial home purchase loan has not been settled and the bank agrees to the borrower to settle the loan in advance;

The original commercial home loan The property purchase loan must be repaid for more than one year (inclusive), with a good credit record and no overdue loan balance;

The property purchased has obtained a house ownership certificate issued by the local real estate registration department, and is a steel-concrete structure;< /p>

Commercial loans that can be mortgaged on the purchased property can be converted into provident fund loans;

Those who have not applied for housing provident fund loans.

Documents required for converting commercial loan to provident fund loan (all documents must be original):

Original house purchase contract;

House purchase invoice issued by the tax department Originals;

Originals of "House Ownership Certificate" and "Land Certificate";

Original ID cards of both spouses (more than one year from expiry date);

Original marriage certificate or original single certificate (the single certificate is stamped with the official administrative seal of the unit);

Original household registration book;

Original bank settlement certificate and repayment voucher;

< p> The original copy of the "Loan Contract" signed with the bank. I just started repaying the provident fund loan in November 2012. The loan lasted for 10 years and I borrowed 250,000 yuan. Now I have 20,000 yuan. Should I repay the loan early?

The answer is as follows:

The interest rate of provident fund loans is currently the lowest among similar loans. If you do have extra "spare money" on hand, you can consider partial repayment in advance, and vice versa. You don't want to return it in advance. In addition, early repayment can generally only be applied for after one year of normal repayment.

After the provident fund loan is repaid normally, the couple's provident fund can be withdrawn to repay the principal and interest of the loan.

There are generally two methods of withdrawal:

1. Withdraw all the balance in the provident fund account to offset the loan principal (once a year, a certain balance needs to be left in the account, Regulations vary from place to place). After the principal is repaid, the principal of the loan is reduced and the total interest is also reduced. The monthly payment or term will be recalculated: if you choose the term to remain unchanged, the monthly payment will be reduced after recalculation; if you choose to keep the monthly payment unchanged, the repayment period will be reduced. Then you can choose.

2. After withdrawing the provident fund, it will be "associated" with your loan repayment card. For example, if your monthly payment is 1,500 yuan, and you withdraw 15,000 yuan, it will be associated with your loan repayment card. You will not need to withdraw it for the next 10 months. Put money into the card and use the provident fund money to repay the loan.

Withdrawal procedures: Bring the loan contract, loan repayment card (or provident fund card), personal ID card, and "provident fund withdrawal certificate" issued by the unit. If your spouse's provident fund also needs to be withdrawn, you must also bring your marriage certificate , ID card, and "provident fund withdrawal certificate" issued by the spouse's employer, go to the lending bank or the local provident fund management center to complete the procedures.

The advance time and frequency are slightly different in different places. You can consult the local provident fund management center.

The above answers are for your reference only.