First, can the general mortgage be repaid in advance?
The mortgage can be paid off in advance, and the specific repayment steps are as follows:
1. Check the requirements of mortgage prepayment in the loan contract in advance and prepare relevant materials;
2. Call the bank customer service, make an appointment with the staff for prepayment, and explain the prepayment location;
3. Go to the bank outlet for prepayment within the scheduled time, and submit the relevant materials and application forms required for prepayment to the staff;
4. According to the staff's prompt, deposit the prepayment amount into the mortgage repayment card and wait for the system to transfer money automatically.
Second, what are the precautions for repaying the mortgage in advance?
1, don't forget to surrender:
After the borrower repaid all the loans in advance, the original individual housing loan contract of Jiabao was also terminated in advance. According to the relevant regulations, the borrower can bring the original insurance policy and proof of paying off the loan in advance, and return the premium paid in advance to the insurance company on a monthly basis. So don't forget to get your money back from the insurance company and the tax department after paying off all the loans in advance.
2. Don't forget the tax refund:
In addition, don't forget to go to the tax department for tax refund. When purchasing a commercial house, all the family members who can get tax refund should be written into the purchase contract as the property owners, and after signing the contract and paying the house price, they should apply for "deducting the personal income tax paid by the buyer" and obtain their "general tax payment book". You can get the real estate license after paying off all the loans in advance, and you have to go to the tax department for tax refund within 6 months after completing the real estate license.
3. Don't repay the loan in advance in the first year:
It should be noted that in the first year of borrowing, don't repay the loan in advance. According to the relevant provisions of provident fund loans, the prepayment part should be repaid after 1 year, and the amount returned should exceed the repayment amount of 6 months. Another point is that the loan contract stipulates that those who repay the loan in advance shall not be overdue. If it is overdue, you should pay off the arrears first and then apply for early repayment.
To sum up, the mortgage can be repaid in advance, but the premise is to determine whether there is an agreement in the contract between the two parties. If there is no agreement, then the corresponding interest will generally be paid in advance. Therefore, we must combine the actual situation when dealing with it, so as to ensure that your rights and interests will not be lost.
Second, can the mortgage be paid off in advance?
The mortgage can naturally be repaid in advance. You can choose to pay off the remaining amount in full in advance, or you can choose to pay back a part in advance.
But if you want to repay in advance, many banks have regulations that you must repay for more than one year before you can repay in advance.
There is no way to repay the mortgage in advance unless you make an appointment first.
Go to the bank card and loan contract to repay, and transfer the money repaid in advance to repayment.
If you choose to pay off in full in advance, because the mortgage needs the house as collateral, you have to go to the Housing Authority to which the house belongs to handle the mortgage cancellation procedures after repayment. The ownership of the house will be entirely yours.
Mortgage loan. Mortgage is an application, providing legal documents such as ID card, income certificate and documents that need to be submitted for the house. After passing the examination, the bank will register and notarize the real estate mortgage for the purchase contract and mortgage loan contract concluded between the bank and the purchaser. The bank will directly transfer the loan funds into the bank account of the selling unit within the time limit stipulated in the contract.
housing loans
Loans issued by individuals to purchase ordinary houses for their own use. The borrower must provide a guarantee when applying for a personal housing loan. Personal housing loans mainly include entrusted loans, self-operated loans and portfolio loans. entrusted loan
Housing provident fund management department according to the deposit as a source of funds, according to the provisions of personal loans. Also known as provident fund loans.
Self-operated loan
Personal housing self-operated loans to buy bank credit funds. 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.
Consortium lending
Personal housing portfolio loan refers to the combination of loans issued by the depositor of housing provident fund for the purchase of self-occupied ordinary housing and self-operated loans. In addition, there is housing savings.
Mortgage repayment method: average capital, etc.
Loan amount: 80% of the value of the loanable property after being audited by the bank.
Mortgage down payment: 30% down payment for the first home mortgage loan and 50% down payment for the second home mortgage loan.
Loan term: 20 years for first-hand and second-hand houses, and the loan term plus the applicant's age shall not exceed 70 years old.
Loan interest rate: the first mortgage is 6.55%, and the second mortgage interest rate is 7.26% when the benchmark interest rate rises 1. 1 times.
way
There are three ways of housing loans, namely, bank commercial loans, provident fund loans and portfolio loans.
3. Can the mortgage be repaid in advance?
The mortgage can be repaid in advance, but if the bank stipulates how long it will be in advance when you apply for the mortgage, then you can't repay it in advance until this time. For example, if you borrow 20W, you can repay 2W or 1W in advance, and this amount is not limited (unless otherwise stipulated by the bank). As for changing the fixed number of years and shortening the fixed number of years, I don't recommend you to go through this procedure because it will be very troublesome. Changing the fixed number of years and shortening the fixed number of years is equivalent to reapplying for a loan, which provides a lot of things. Moreover, if you change the fixed number of years and shorten the fixed number of years, you will actually pay more interest than you pay in advance. If you have the strength, you may wish to repay in advance.