There are currently two ways to entrust deductions: monthly deductions and annual deductions. There are two situations in annual deductions: reducing the monthly repayment amount and shortening the repayment period. I would like to ask experienced users, which method is more cost-effective?

Monthly deduction - use the provident fund to offset the repayment (principal interest) every month

Suitable for those who are currently under great repayment pressure and are not prepared to repay in advance, that is, those who are affected Daily life! (Repayment interest remains unchanged)

Advantages: Reduce monthly cash repayment expenses. (The total amount of repayment interest remains unchanged)

Disadvantages: The repayment period and interest will not change and six months of provident fund monthly deposits will have to be retained in the provident fund account.

Yearly deductions reduce monthly repayments—the entire amount in the provident fund account can be withdrawn once a year to offset the principal of the provident fund.

Suitable for those who currently have little repayment pressure, have a short loan period and are not prepared to repay early.

Advantages: One-time withdrawal of provident fund to offset the loan principal can reduce the interest on provident fund loans. (The total amount of repayment interest is reduced)

Disadvantages: You can only withdraw it once a year. That is, you still have to pay the loan in cash every month.

Shorten the repayment period with annual deductions—the entire amount in the provident fund account can be withdrawn once a year to offset the principal of the provident fund.

Suitable for those who currently have little repayment pressure, have a short loan period and are prepared to repay early.

Advantages: One-time withdrawal of provident fund to offset the loan principal can reduce the interest of provident fund loan. (The total amount of repayment interest is greatly reduced)

Disadvantages: It can only be withdrawn once a year. That is, you still have to pay the loan in cash every month.