If there is still no money in the repayment bank card this month, it will be overdue again, and the unpaid two-month mortgage will be deducted together with the repayment date of next month. We also need to note that in addition to default on the principal, there is also a penalty interest generated during the overdue period. The longer the overdue time, the more penalty interest will be generated, the greater the repayment pressure of customers, and the more serious the adverse effects caused by overdue.
Therefore, it is recommended that customers pay attention to the good habit of timely repayment, and try to avoid overdue situations to avoid personal credit damage. If it is overdue, we should also find ways to pay off the arrears as soon as possible, and don't delay.
Why did the mortgage suddenly rise?
If the mortgage suddenly rises, it is probably because the customer's mortgage has a floating interest rate policy and the new interest rate has risen. Because the latest LPR is higher than before, after the re-pricing date comes, the new interest rate calculated according to the specified basis point of the latest LPR statistics will be higher than before, and when the interest rate increases, the interest paid by customers will naturally increase, so the monthly payment will also increase.
Of course, if the LPR is lowered later, when the next re-pricing day comes, the new interest rate will be lowered, the interest paid by customers will be reduced accordingly, and the monthly payment will come back.
If the customer's mortgage is fixed interest rate, the interest rate will not change during the whole repayment period. If the repayment method of equal principal and interest is adopted, the monthly repayment amount will be the same (if the repayment method of average capital is adopted, the interest generated by repaying average capital and the remaining unpaid principal every month will be less and less because the loan principal is divided equally).