1. How to repay a Bank of China mortgage loan in advance?

1. Open the Bank of China APP and click on Loan.

2. Click My Loans at the top.

3. Select your loan record.

4. Click Early Repayment at the bottom.

5. Choose whether to pay back all or part of it, and click Next.

6. Finally, be sure to upgrade to the latest version.

Notes

1. If the APP is opened, operate directly on the APP

2. If it is not opened, go to the counter for repayment

3. If you are going to the bank, you need to pay attention

call the customer service number half a month in advance to make an appointment in advance.

Go to the business outlet with your valid documents and loan contract.

After approval, the loan can be deposited into the designated bank account.

2. How to repay Bank of China mortgage loan in advance?

The general process for early repayment of mortgage loans by Bank of China is as follows:

The first step is to make an appointment in advance. If the borrower wants to repay the loan in advance, he needs to make a phone reservation. When making the reservation, provide the staff with his name, ID card, and the main purpose is to allow the bank to prepare in advance, thereby shortening the user's time

Second Step 1 to repay the loan. After the user makes an appointment, when the loan repayment date arrives. You can bring your own relevant information to the bank to apply for early repayment of the loan. Before repaying the loan, you need to go to the bank where the loan was obtained.

The third step is when we follow the bank’s instructions to handle the loan and complete the early repayment procedures. It is very convenient to have the settlement certificate and other items.

Mention

1. Ask the bank whether there are liquidated damages or interest. When the user made early repayment, he violated the loan contract signed with the bank at that time. Therefore, interest may be required, and the borrower needs to inquire clearly about this aspect.

2. Choose the appropriate repayment method. Prepayment is mainly divided into three situations. The first one is to keep the remaining loan and shorten the monthly repayment; the second one is to reduce the monthly repayment amount of the remaining loan and keep the repayment period unchanged; the third one is to keep the remaining loan repayment period unchanged. The loan will reduce the monthly payment and shorten the repayment period. Borrowers can choose the appropriate method based on their actual situation.

Extended information: It is not advisable to repay in advance under the following circumstances:

1. Enjoy the benefits when signing the contract. If you are currently in the interest rate cut channel, follow the latest interest rate in a timely manner, and the interest will be higher than Lower in the early stage;

2. For home buyers whose equal-amount principal repayment period has exceeded 1/3, the equal-amount principal repayment method will have less principal remaining in the later period. When 3, the borrower repays Most of the repayments in the future are principal;

3. For home buyers who repay equal principal and interest in the middle period, the principal in the monthly repayment will increase month by month, and the proportion of interest will decrease month by month. The meaning of repayment

3. How to repay a Bank of China mortgage loan in advance?

The general process of repaying a Bank of China mortgage loan in advance is as follows:

The first step is to make an appointment in advance. If the borrower wants to repay the loan in advance, he needs to make a phone reservation with Bank of China 15 working days in advance. When making the reservation, provide the staff with his name, ID card, and specific repayment date. The main purpose of this is to allow banks to prepare in advance, thereby shortening the user's processing time.

The second step is to repay the loan. After the user makes an appointment, when the loan repayment date arrives. You can bring your relevant information to the bank to handle the early repayment procedures. Users should note that early repayment of the loan requires going to the bank where the loan was issued.

The third step is when we complete the early repayment procedures according to the bank's instructions and settle the related loans. Just take the settlement certificate and other rights certificates to the housing management bureau to change the room, which is very convenient.

Notes on early repayment:

1. Ask the bank whether there are liquidated damages or interest. When the user made early repayment, he violated the loan contract signed with the bank at that time. Therefore, you may need to pay relevant liquidated damages or interest. In this regard, the borrower needs to inquire clearly.

2. Choose the appropriate repayment method.

There are three main situations for early repayment. The first one is to keep the monthly repayment amount of the remaining loan unchanged and shorten the repayment period; the second one is to reduce the monthly repayment amount of the remaining loan and keep the repayment period. The term remains unchanged; in the third type, the remaining loan will reduce the monthly repayment and shorten the repayment term. Borrowers can choose the appropriate method based on their actual situation.

Extended information: Early repayment is not advisable under the following circumstances:

1. Enjoy an interest rate discount of 30% to 85% off when signing the contract. If you are currently in the interest rate cut channel, if you follow the latest interest rate in a timely manner, the interest will be lower than in the previous period;

2. For buyers whose repayment period has exceeded 1/3, the equal principal repayment period will be In the later stage, the remaining principal will be less and the interest will be less. When the repayment period exceeds 1/3, the borrower repays nearly half of the interest, and most of the later repayments are principal;

3. Home buyers who repay equal principal and interest every month The principal in the amount increases month by month, and the proportion of interest decreases month by month, so early repayment does not make much sense.

4. How to repay a loan in advance from Bank of China

First of all, you have to go to the bank where you repay the loan to fill out an application form to settle the balance, and then normally wait 30 days. Go there to pay off the balance, and then go to the branch to get a decompression certificate and pay part of the interest. But you can go to your loan officer directly and talk to him about whether you can pay it off in advance. That's what I did!