According to bank regulations, customers need to submit a written application one week to one month in advance to agree on the repayment date; Then, according to the agreed date, bring your ID card and the loan contract signed with the bank to the bank to fill in the loan repayment application form and prepayment agreement, and deposit the money to be repaid into your account for withholding the loan principal and interest according to the requirements of the bank;

Automatic bank deduction;

There is no limit to the number of times a bank repays the loan in advance, and it can pay off the loan in whole or in part.

Some lenders who repay the loan in advance can choose two ways:

Reduce the monthly repayment amount and keep the repayment period unchanged; Shorten the repayment period and keep the monthly repayment amount unchanged;

Once the application form for prepayment is confirmed by the borrower's bank, it is irrevocable. As a supplementary clause of the loan contract, it has the same legal effect as the loan contract. Under those circumstances, China Postal Savings Bank is not suitable for repaying the mortgage in advance. 3. Funds and bonds. Because the current 5-year loan interest rate of 30% discount is lower than the 5-year deposit interest rate, we can consider other investment channels from the perspective of capital utilization. 3. Repay the principal and interest on a monthly basis after the grace period; 5. Repay the interest monthly during the grace period (the longest is 1 year), and repay the principal and interest monthly after the grace period, with the monthly repayment principal unchanged. 4. Average principal repayment by installment, equal principal and interest repayment by installment, monthly interest repayment within the grace period (the longest 1 year), channels where the annual rate of return exceeds the bank mortgage interest rate, relevant banks require documents to apply for loan repayment at the bank in advance and sign a loan repayment agreement, up to the first month). If the loan is repaid in advance after more than 5 years, the borrower will lose more than the gain. After average capital has repaid for more than 5 years and has gone through the repayment procedures. If the liquidated damages for prepayment of mortgage loans are less than 1 year, China Postal Savings Bank will be fined 1% of the remaining principal. After 65,438+0 years, the borrower should apply one month in advance. The borrower needs to deposit the repayment money into his own account set up in the bank to withhold the loan principal and interest, and the bank will automatically deduct the loan within a certain period of time, which can be said to be a large amount of principal.

China Postal Savings Bank mortgage prepayment process 1. Customers who apply for early repayment shall apply for repayment in writing within one week to one month according to the regulations of the bank, and make an appointment with the bank for repayment date in advance. The loan principal and interest will be repaid in one lump sum on the loan maturity date. Most of the loan prepayments are interest and wealth management products. Sign the agreement according to the date agreed with the bank, and the repayment person carries valid identification and the house loan contract signed with the bank. After about 10 working days, the ownership certificate will be cancelled. China Postal Savings Bank's application materials for prepayment of mortgage loans carry valid identity documents, housing loan contracts signed with banks and documents required by relevant banks. The prepayment method of China Postal Savings Bank's mortgage is 1, with equal principal and interest (the repayment amount is the same every month); 2. Average capital (the monthly repayment amount is decreasing, and no penalty interest is required. You need to apply one month in advance to repay the loan in advance. It is more appropriate for customers to deposit their money in the bank than to repay the loan in advance. If this kind of customer repays the loan in advance and then borrows to buy a house, the bank will implement the latest loan policy, and the benchmark interest rate will rise 1. 1 times; 3, or business transactions, customers who enjoy provident fund loans and 30% interest rate loans do not have to rush to repay, if customers have other better investment and wealth management projects such as stocks.