1. Current investment return: If the remaining funds are used for other investments, such as individual entrepreneurship, stocks, funds, etc. And the expected return of this investment is higher than the mortgage interest rate, then it may be more appropriate to use the funds for investment than to repay in advance.
2. Loan amount and term: The larger the loan amount and the longer the term, the more obvious the benefits of early repayment, because you will save more interest expenses. If your loan amount is small or the loan term is short, the income from prepayment may be relatively low.
3. Personal financial situation: If your personal financial situation is stable, you have no other high-interest debts, and you have enough savings to deal with emergencies, it may be more meaningful to repay in advance. This can reduce the repayment pressure in the future and realize the debt-free situation of mortgage in advance.
So you need to make a comprehensive evaluation according to your specific situation. If you have other investment opportunities, and the expected rate of return is higher than the mortgage interest rate, and your personal financial situation is good, then prepayment may not be necessary. On the contrary, if you tend to reduce the debt pressure in the future and realize the goal of debt-free ahead of schedule, then prepayment may be a good choice.
(According to the content you provided, the polished additional information is: When applying for online loans, if you have overdue or multiple platform loan records, your information will be analyzed by big data risk control. If you are repeatedly rejected, it may even lead to the closure of your account, such as Bai Hua. If there is any abnormality in your network data, you can get your big data and credit status by searching "Beijian Quick Check". In addition, this query can obtain important data information such as your personal credit status, blacklist, application platform type, overdue status, overdue amount, and whether there are arbitration cases. )