The large amount of mortgage repayment must be a multiple of 1 10,000, and then after the application is passed in advance, it will be deducted according to the repayment amount applied for next month. After the deduction is successful, the monthly repayment amount of the remaining mortgage is recalculated according to the loan interest rate enjoyed.
First, the process of prepayment Check the requirements of prepayment in the loan contract, and pay attention to whether it is necessary to pay liquidated damages for prepayment. Call the loan bank to ask for the amount of money and other necessary materials. Apply to the relevant departments for repayment in person according to the requirements of the bank. The borrower carries relevant documents for repayment procedures. Submit the advance payment application form and deposit the advance payment in the counter.
The second option is very heavy, such as the equal principal and interest repayment method. If there are only two or three years left, you have already paid back the interest. At this time, prepayment can't help you save money, so prepayment is meaningless. Now the purchase price is millions, millions. If you don't know how to repay reasonably, you may work for the bank for several years in vain! The average capital repays the loan, that is, in addition to the average capital, he also has to pay the interest on all the money left. But as your repayment time is reversed, the interest you pay is the most cost-effective when you repay in full. Timing of early repayment of equal principal and interest If equal principal and interest are repaid, the repayment time has reached 1/3 of the loan term, and half of the interest has been repaid at this time. If you want to repay in advance, you must hurry.
Third, if Sheng Kai says that the repayment of the principal and interest is in the medium term, most of the interest has already been paid, and more will be the principal in the future, so it is of little significance to repay in advance. If you want to repay the loan in advance, you can repay the principal and interest with average capital in the sixth year of the thirtieth year and the seventh year of the twentieth year. It takes more than one year to repay the loan in advance. Generally, there are three opportunities for large repayment. Of course, the repayment details of different banks are different. Some banks have to pay a large amount of liquidated damages if they repay in advance. When it is clear, they need to understand clearly with the bank, weigh the gap between interest and liquidated damages, and then consider whether to repay in advance. You can also keep the loan life unchanged and pay back a part in advance, that is, pay back a large part first, then keep a part and deduct it slowly.
There is no such repayment, so don't repay the provident fund loan in advance or discount the interest rate. ) Because you enjoy a lower discount rate, it is more cost-effective to cut interest rates to make money now. If the repayment period of the matching principal has passed 1/3, if you have paid back more than 1/3, it means that you have paid back nearly half of the interest, which has little effect on the repayment amount. If the repayment of equal principal and interest has reached the middle period, most of the interest has reached the middle period, and it is of little significance to repay in advance.
Second, how to repay the mortgage in large amount?
First of all, you should apply to the borrowing bank for prepayment. The specific situation shall be stipulated by the bank.
3. What should I pay attention to if I want to repay my mortgage in a large amount within one year?
There are several points that must be paid attention to when repaying the loan in advance.
1. Time to repay the loan in advance Some friends originally applied for a loan for several years, but only paid the principal and interest for a few months on schedule, so they wanted to repay the loan in advance. Sorry, in this case, the bank is likely to reject your application. It is understood that many lending institutions do not accept borrowers to repay loans less than one year in advance, and even if they can, they will charge a certain penalty. In addition, the prepayment must be made in advance with the loan bank, otherwise even if you deposit all the repayment amount into the repayment card at one time, the bank will deduct the money on time every month.
2. The problem of liquidated damages Many lending institutions have clear regulations, and the regulations of different lending institutions are different. For example, in China Bank, if the prepayment is less than 1 year, the maximum penalty interest will be charged for 6 months; If ICBC is less than 1 year, interest will be charged for 3 months; The postal savings bank is under 1, and the outstanding amount is 1% (the regulations vary from region to region, specifically subject to the loan contract and local bank regulations).
3. Selection of prepayment methods There are three prepayment methods: one-time full prepayment, partial prepayment with unchanged loan term and partial prepayment with shortened loan term. Choosing different methods will affect the calculation results of monthly payment in the later period. Before repayment, you should consider which one is more suitable for you to avoid the economic crisis.
Fourth, how to repay the large mortgage?
First of all, answer directly.
If you want to pay a large sum of money in advance, you need to call the mortgage handling bank in advance to contact the customer service staff to make an appointment.
Second, the specific analysis
After the appointment is successful, you can bring your personal ID card, repayment bank card and other related materials to the bank outlets for early repayment within the agreed time.
At that time, the money will be transferred to the repayment bank card, and the banking system will automatically deduct money from it to complete the prepayment operation.
After repaying a large sum of money in advance, the interest will not be calculated according to the total loan amount, but according to the remaining unpaid capital. In this way, interest will naturally decrease.
In the future, you can choose to keep the monthly supply unchanged according to your own needs and shorten the repayment period; You can also choose to keep the repayment period unchanged and reduce the monthly payment.
It should be noted that the banking system will not deduct more if the mortgage is repaid in large amount in advance and the money is directly transferred to the card without an appointment.
Also, if the bank requires that the repayment must be made at the specified time before it can apply for early repayment, it must be done after the repayment time (some regulations are one year), otherwise it may have to pay liquidated damages.
When people use the central bank's credit records, they will leave traces of inquiry, which is not good for lending friends, and most online loans are not credit-seeking, so they can't find specific online loan information when they are credit-seeking, but now they can learn their personal data through the data of "Xiaoqi Credit Information", and at the same time, they can learn more information about overdue online loans, application records, untrustworthy information, online loan blacklists and so on without leaving traces.
3. What should developers do if they don't allow provident fund loans?
When buying a house, if the real estate developer refuses to apply for provident fund loans, if it is not necessary to apply for provident fund loans, he can go directly to the cooperative bank to apply for commercial loans according to the developer's requirements.
If you must apply for provident fund loans and enjoy preferential interest rates, you can contact the developer to ask why and negotiate a solution. If the developer resolutely refuses, you can go to the relevant institutions to complain.
After all, the Notice of the Ministry of Housing and Urban-Rural Development, the Ministry of Finance and the People's Bank of China clearly stipulates that real estate development enterprises shall not refuse to pay employee housing provident fund loans.
If it is really not possible, you can also choose to replace real estate development without signing a purchase contract.
It should be noted that some developers are not allowed to apply for provident fund loans, largely because the provident fund loan process is more complicated and the payment period is longer; And there may be cooperation with the bank, which has given a certain amount of development loans, so the housing mortgage of the developer's real estate must be operated in the designated bank.