Subjectivity of law: In the face of high housing prices, most people choose to borrow money to buy a house, but the subsequent loan interest is also painful. If conditions permit, many people will consider paying in advance to reduce interest, but you can't pay back the money. The bank fine is there. Now let's take a look at the algorithm of liquidated damages when banks repay in advance to help you see if this account is cost-effective. 1. If the loan of China Merchants Bank is repaid in advance for less than one year, the interest will be charged for not less than three months, and if it is repaid in advance for one year, the interest will be charged for not less than one month. 2. If the loan of China Construction Bank is repaid in advance for less than one year, 3% of the prepayment amount will be charged. If the loan is repaid in advance for one to two years, 2% of the prepayment amount will be charged. The loan is repaid in advance for two to three years, and one percent of the prepayment amount is charged. 3. If the loan of Agricultural Bank is repaid in advance for less than one year, it will be charged by multiplying the principal by the monthly interest rate, that is, the loan interest rate divided by 12 months minus the repayment months. Repay the loan in advance after one year, as long as there is no record of prepayment before, there will be no penalty. If the repayment has been made in advance, the applicant will not be fined if he applies again one year later. 4. If ICBC prepays for less than one year, 5% of the prepayment amount will be charged as liquidated damages. If the loan is repaid in advance after one year, no penalty will be charged. 5. If the loan of Bank of China is repaid in advance for less than one year, a penalty interest of no more than six months will be charged (calculated according to the loan interest rate on the prepayment date). If the loan is repaid in advance after one year, no penalty will be charged. 6. When the mortgage of Bank of Communications is repaid in advance, the minimum amount of partial prepayment shall not be less than 6 times of the monthly repayment amount, and the maximum amount shall not exceed 35% of the monthly repayment amount. Some prepayments can be paid once a year for free. All prepayments are subject to liquidated damages, and 65438+ 0% of the current repayment amount is charged. However, the specific repayment amount needs to be implemented in accordance with the contract. 7. If the loan repayment of Guangfa Bank is less than one year in advance, two months' interest will be charged as liquidated damages. Repay the loan in advance after one year without any penalty. 8. If the mortgage of China Everbright Bank is repaid in advance, and the prepayment is less than one year, 3%~6% interest will be charged as liquidated damages, which shall be implemented in accordance with the contract. Repay the loan in advance after one year without any penalty. 9. If the mortgage of Shanghai Pudong Development Bank is repaid in advance for less than one year, different interests of 1.5% or 3% will be charged, and some will be charged according to the contract. Repay the loan in advance after one year without any penalty.

Legal objectivity: Article 42 of the Commercial Bank Law requires the borrower to repay the loan principal and interest on schedule. If the borrower fails to repay the secured loan at maturity, the commercial bank has the right to require the guarantor to repay the principal and interest of the loan or give priority to the repayment of the collateral. Real estate or equity acquired by a commercial bank due to the exercise of mortgage or pledge shall be disposed of within two years from the date of acquisition. If the borrower fails to repay the credit loan at maturity, it shall bear the responsibility in accordance with the contract.

2. Call 12378 to complain about the liquidated damages for prepayment of mortgage?

If you have any objection to the penalty charged by the bank for repaying the mortgage in advance, you can call 12378 to make a complaint. This is a banking service hotline set up by the China Banking Regulatory Commission, which aims to provide complaints, inquiries and other services for the majority of bank customers.

When calling 12378, you need to provide relevant personal identification information and mortgage information, describe the problems and requirements in detail, and the complaint handler will handle them according to your situation and make corresponding replies.

It is suggested that before making a complaint, you should read the relevant loan contract and repayment agreement carefully, understand the bank's regulations and charging standards for liquidated damages for early repayment, and avoid unnecessary misunderstandings and misunderstandings.

Thirdly, I want to ask, I made a bank mortgage of 800,000 yuan to China Construction Bank last year to buy a house. ...

Hello!

As far as I know, the bank did not pursue the responsibility of this rational breach of contract, so there is no liquidated damages. As for interest, you have been paying interest during the repayment period. Now that you have paid off the loan, there is no interest. The general bank will ask you to pay back the loan balance after paying back the amount of the month.

Only on behalf of personal views, don't spray if you don't like it, thank you.

Four, bank mortgage 865438+how to calculate the loan paid off three years in advance in 2005?

Interest is only calculated for the first three years, and then only the principal is paid back, plus a little liquidated damages. However, the interest you repay is actually much more than the loan amount multiplied by the interest rate. There are specific formulas to calculate, but unfortunately the formula is extremely complicated and difficult to calculate. This bank has a computer system. Just asking. Generally speaking, these three years