Provident fund loans can be paid off in advance. Generally speaking, as long as you repay 12 installments (one year) normally, you can apply for early or one-time repayment without penalty interest. The application conditions for prepayment are: the loan object is a natural person with full capacity for civil conduct, with legal and valid identity documents, good credit standing, a stable source of income and the ability to repay the principal and interest on schedule, and can provide application materials for collateral (pledge) recognized by the bank. The policies of provident fund loans vary slightly from place to place. Users can call the housing provident fund hotline 12329 to consult related matters.

legal ground

Regulations on the administration of housing provident fund

Under any of the following circumstances, employees can withdraw the storage balance in the housing provident fund account: 1, purchase, build, renovate or overhaul the owner-occupied housing; 2. Retired; 3, completely lose the ability to work, and terminate the labor relationship with the unit; 4. Go abroad to settle down; 5. Repay the principal and interest of the owner-occupied housing loan; 6. renting a house for self-occupation; (Employees and their spouses who have no own houses in Beijing and rent public rental houses or commercial houses can withdraw the housing provident fund to pay the rent. ) 7, life is difficult, is receiving urban subsistence allowances; 8. Encountering unexpected events, causing serious difficulties in family life; 9, migrant workers and units to terminate the labor relationship; 10, who is sentenced to death, life imprisonment or fixed-term imprisonment at the expiration of the statutory retirement age; 1 1, dead or declared dead; If an employee withdraws the housing provident fund in accordance with Article 4 of these Measures (1, 5, 6, 7 and 8), his spouse may withdraw the housing provident fund from his account at the same time.

skill

The above answer is only for the current information combined with my understanding of the law, please refer carefully!

If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.