The repayment method of provident fund loans is extremely flexible. As long as the monthly repayment amount is not lower than the "minimum repayment amount", the borrower can determine the monthly repayment amount at will, which is very convenient for the borrower to arrange funds. Prepayment of provident fund loans has the following advantages: flexible quota and easy control of funds. The prepayment of commercial loans must be a multiple of 65,438+0,000 or 50,000, but there is no specific provision for provident fund loans. As long as the repayment is greater than the "minimum repayment amount", it is all regarded as the prepayment amount; There is no limit to the number of times, and you can repay in advance on a monthly basis.

Benefit 2 of housing provident fund loan: other advantages

The proportion of provident fund loans is high, and the down payment pressure is small. Generally, the maximum commercial loan can only reach 70%, and the down payment pressure of buyers is even greater. Provident fund loans can reach up to 9.5%, and the down payment pressure of buyers is small; The loan term is long and the monthly repayment amount is small. The longest loan period of commercial loans can only be 25 years, and most second-hand houses can only be loaned for 20 years, which puts a lot of pressure on monthly supply; The longest term of provident fund loans can reach 30 years, and the monthly supply pressure is small; The age limit is more flexible.

There are many introductions of housing provident fund loans on Thunderbird. You can have a look if you want to know.