Nowadays, most people buy houses with loans, because in this era of high housing prices, it is not easy to buy a house in full. However, many people who borrow money to buy a house will repay part of the loan first when their economy is relatively well off. So, how to calculate the interest of part of the mortgage in advance? What else should I pay attention to in advance of mortgage? Let's get to know each other.

How to calculate part of mortgage interest in advance?

If you choose to repay part of the mortgage in advance less than one year after the loan, interest will be charged at 3% of the prepayment amount. If you choose to repay part of the mortgage in advance one to two years after the loan, the interest will be 2% of the prepayment amount. But if the loan lasts for two to three years, only one percent of the prepayment amount will be charged.

What else should I pay attention to in advance of mortgage?

1. If the lender chooses to pay off the house payment in advance, it usually needs to apply in writing, and go to the loan bank with my ID card and loan contract to go through the examination and approval procedures for early repayment. If all the remaining loans are settled in one lump sum, it is better for the borrower to repay the loan after the bank has calculated the remaining loan amount, so it is not clear whether he has enough money to repay the loan in advance.

2. If it is a reloan business, the lender had better find a professional guarantee institution to do the entrusted notarization, so as to avoid the risk of price increase after helping the owner pay off the final payment when the owner chooses to repay the loan in advance in the later period.

3. When the general lender applies for a loan, the bank will go through the mortgage registration procedures. Therefore, don't forget to remove the mortgage after the loan is settled in advance. Only in this way can the property be completely owned by itself.

Summary: The above are all about how to calculate mortgage interest in advance and what to pay attention to in advance. I hope it will help everyone. For more information, please keep an eye on Qijia. com。

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