Legal subjectivity:

1. What is the process for early repayment of provident fund loans? 1. Before repaying the loan in advance, you must check the remaining loan amount, call the hotline of the provident fund management center, and enter according to the voice prompts The user will then bring their ID card to the local provident fund management center to apply for an appointment for the amount of early repayment. 2. The user chooses to fill in the application form according to the amount of repayment. For full repayment, fill in the "Housing Provident Fund Management Center Housing Provident Fund Loan Early Repayment Loan Application". For partial repayment, fill out the "Housing Provident Fund Management Center Housing Provident Fund Loan Early Repayment Part". Loan Application Form", and then the staff will sign and seal it, and provide the corresponding materials. 3. Next, the applicant's application will be transferred to the corresponding entrusting bank and awaits bank approval. 4. After the bank’s approval, the next step is the housing provident fund management center’s approval. 5. After the applicant receives the notification of successful approval, he can go to the bank to repay the applied repayment amount and interest. 6. After successful early repayment, the user needs to submit the early repayment form to the local housing provident fund management center for filing. 2. Is it cost-effective to repay the loan in advance? First, repaying the loan in advance actually depends on the specific situation. If you have already enjoyed the special discount on the loan when you signed the contract, then as long as the discount is about 20% off, then you can pay off the loan in advance. Repaying a loan is generally not cost-effective. Second, if you repay your mortgage early, we need to understand the bank's interest rate. For example, when the interest rate of the mortgage begins to decline, it will be very uneconomical to repay the mortgage early, and you will suffer a lot because the falling interest rate has been offset. You have a lot of pressure in the early stage. Third, when we calculate the repayment, we must base it on the actual situation. If your house has obviously appreciated in value and the interest rate is basically stable for a period of time, then you can consider repaying it in advance, so that you can simply It is also a relatively cost-effective thing to make a profit. Fourth, if the house prices in your city have dropped to a certain extent and the interest rates are basically the same, then there is no need to rush to repay the loan in advance immediately. We can observe it for a period of time to see if the interest rate is likely to continue to increase. If not, then there is no need to repay the loan in advance. Repayment. Fifth, the country's economic policy has become stable for a period of time, and the prices in the real estate market have increased slightly. In this case, early repayment can be considered, because the economic policy is stable and the price range is not large. As long as you If your finances allow, it will be more affordable for you to repay the loan early. Sixth, we have just bought a house and you have just started to repay the loan. Generally speaking, when your principal base is relatively large at the beginning and the interest is relatively high, it is more cost-effective to repay it in advance. Of course, the premise is that you have no other investment projects of your own. Seventh, in the city you are in, the price of houses has risen relatively quickly, and the price has reached a relatively high position. At this time, you can repay in advance, because after the house is repaid, you can use it as a mortgage, and then you can take out more funds, make other investments, in this case, it is still more cost-effective.