Can I reduce the monthly repayment amount after prepayment?
After the borrower partially prepays, if the borrower does not make a request, the bank will not reduce the monthly repayment amount, but shorten the repayment period accordingly; At the request of the borrower and with the approval of the bank, the monthly repayment amount can be reduced without shortening the repayment period agreed in the contract.
What is the difference between "equal principal and interest" and "average capital" repayment methods? What are their characteristics?
Matching principal and interest repayment means that the sum of the loan principal and interest that the borrower should repay every month is equal, with the principal paid first and then more, and the interest paid first and then less. Its characteristic is that the repayment pressure is relatively balanced during the loan period, which is more suitable for borrowers who are short of funds at the initial stage of repayment.
Average capital repayment method, also known as interest plus principal repayment method, means that the monthly loan principal payable by the borrower is equal, and then the interest payable decreases with the decrease of the loan balance, and the sum of the monthly loan principal repaid and the interest paid decreases month by month. Its characteristics are: the initial repayment pressure is relatively large, but it decreases year by year with the passage of repayment time, and the total interest paid is relatively small, which is more suitable for borrowers with abundant repayment funds in the early stage.
What are the repayment methods of housing provident fund loans?
If the loan term is within 1 year (including 1 year), the principal and interest will be repaid in one lump sum at maturity, and the interest will be paid with the principal. If the loan term exceeds 65,438+0 years, two repayment methods, namely, matching principal and interest or average capital, are adopted, and the borrower can choose one of them, which shall not be changed during the performance of the loan contract.
When the interest rate of bank deposits and loans is adjusted during the loan period, will the interest rate of housing provident fund loans be adjusted accordingly?
The loan interest rate policy shall be implemented in accordance with the provisions of the People's Bank of China. In case of legal interest rate adjustment, if the loan term is within 1 year (including 1 year), the interest rate agreed in the loan contract shall continue to be implemented; If the loan term exceeds 1 year, the new interest rate will be implemented according to the corresponding interest rate grade from 1 of the following year.
(The above answers were published on 20 13-02-05. Please refer to the current actual purchase policy. )
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