The mortgage payment process after the house payment is paid off is as follows:
1, loan settlement. After the borrower's loan is settled, he shall issue the Notice of Cancellation of House Property Mortgage to the loan management department and sub-centers with the loan settlement notice issued by the bank in triplicate, one of which shall be kept by the loan center and the other two shall be handed over to the borrower;
2. Obtain the real estate license. The borrower holds his/her ID card and the mortgage cancellation procedures to the personal loan department or sub-center of the loan center to receive the real estate license and the mortgage cancellation notice issued by the trading center;
3. Make a clear bet. With the above procedures, the borrower goes to the property rights trading center of the city to handle the mortgage cancellation procedures.
Matters needing attention in paying off the mortgage in advance:
1. Allow banks to repay loans in advance at different times. Most banks require at least one year before they can apply for prepayment, but some banks say they can apply for prepayment at any time. Among the state-owned banks, BOC and CCB need to repay for one year before they can apply for early repayment, while ICBC needs half a year to repay in advance;
2. The interest rate adjustment cycle of banks is different. The general mortgage term is over 65,438+00 years. In this cycle, it is inevitable for the central bank to adjust interest rates, and the time for banks to adjust interest rates is different. Banks in China, such as China Industrial and Commercial Bank, China Agricultural Bank and China Construction Bank, etc. Generally, from June 65438+1 October1every year, the new repayment interest will be adjusted according to the latest central bank benchmark interest rate;
Don't forget to cancel the mortgage registration after paying off the mortgage. Pay off the mortgage in advance and don't forget to cancel the mortgage registration. Regardless of whether the loan is repaid within the contract period or in advance, citizens should not forget to cancel the mortgage registration after the loan repayment is completed.
How to cancel mortgage registration after the loan is paid off?
The following procedures are required:
1. Handle the mortgage cancellation formalities with the loan bank.
2. Go through the refund formalities of the corresponding insurance premium with the insurance company.
3. Return the deposit to the developer (if any). If you have applied for the real estate license during the loan period, you only need to go to the window of the administrative service center housing management office with the cancellation form, other warrants and bank ID card.
If there is no real estate license, after the loan is repaid, take the cancellation form of the bank to the housing management office window for cancellation, and then apply for real estate license, you must bring the following information:
1. Copy of ID card or household registration book, household registration certificate, private seal of property owner and * * *.
2. Purchase contract (original).
3. Have a copy of the contract.
4. Purchase invoices and copies.
5. Door license and copy.
In addition, after the bank loan is paid off, you can go to the bank to issue a loan settlement certificate. Different banks have different time limits for receiving foreign exchange settlement certificates. It usually takes about a week, and Minsheng Bank can get it in five working days. It may take ten days and a half months at the latest. The bank loan settlement certificate generally has two purposes: one is to prove that the loan has been paid off and reduce the personal debt ratio; One is to cancel the loan mortgage. After three working days, the borrower can go to the bank to get the settlement voucher; Within seven to fifteen working days after the commercial loan is paid off, the borrower can get the settlement certificate from the bank. When printing the settlement voucher, the borrower should bring his ID card and loan contract. When the bank loan is paid off, the borrower can issue a loan settlement certificate to the relevant bank, and different banks receive the settlement certificate at different times. General banks require borrowers to collect the settlement certificate from the bank within seven working days after paying off the loan. There are also some banks that require borrowers to get the settlement certificate from the bank within 15 working days after paying off the loan. The borrower can contact the customer service of the relevant bank to inquire about the specific time to receive the settlement voucher, and the borrower should take the time specified by the bank as the standard. The borrower can go through the mortgage cancellation registration formalities at the local housing authority with the loan settlement certificate, or go through the surrender formalities at the corresponding insurance company with the loan settlement certificate. If the borrower fails to get the loan settlement certificate within the specified time, he needs to ask the bank for the loan settlement certificate. You can only get the settlement voucher after repayment, and the bank is a formal financial unit. There is no case where the intermediary receives the settlement certificate quickly. The borrower still needs to go to the relevant bank and get the settlement certificate according to the formal process. Remind everyone that you can't get the bank settlement certificate immediately after paying off the arrears. Don't believe that the intermediary can help you get it immediately, just to defraud your handling fee.
How to cancel the mortgage after the mortgage is paid?
After the mortgage is paid off, if you want to apply for a mortgage, the customer should first go to the loan handling bank to apply for a loan settlement certificate, get his other warrants, get the Application Form for Cancellation of Real Estate Mortgage and the Application Form for Cancellation of Public (Private) Housing Mortgage Registration in XX City stamped by the bank, and sign it. Then take the relevant information to the Housing Authority to cancel the mortgage registration. As long as the customer gives the information to the staff, the staff will review the information and release it on the spot after confirming it is correct. In addition to the loan settlement certificate issued by the bank, other warrants and the Application Form for Cancellation of Real Estate Mortgage and the Application Form for Cancellation of Registration of Public (Private) Housing Mortgage in XX City require customers to carry personal ID card, house property certificate, XX real estate mortgage contract, state-owned land use certificate, etc. If the client does not personally handle the mortgage, but entrusts others to handle it, then the trustee needs to bring his ID card and the power of attorney issued by the notary office in addition to the above information.
Mortgage repayment and mortgage cancellation process
1. Users should have proof of settlement, so as to prove that they have paid off all loans.
2. Users should prepare cancellation materials, generally as long as they have ID cards and proof of settlement.
Users should also remember to bring information when applying in the bank. Generally, oral administration is enough.
4. Staff need to input information in the system, and at the same time help to make an appointment and go through the formalities.
5. The staff of the Housing Authority need to check before they can help to cancel the mortgage. At the same time, you can get back the real estate license.
Extended information:
Housing loan, also known as housing mortgage loan, refers to the legal documents such as housing mortgage loan application form, ID card, income certificate, housing sales contract, guarantee letter and so on filled out by the purchaser to the loan bank. After passing the examination, the loan bank promises the loan to the buyer, and handles the real estate mortgage registration and notarization according to the house sales contract provided by the buyer and the mortgage loan contract concluded between the bank and the buyer. The bank directly transfers the loan funds to the sales unit within the time limit stipulated in the contract.
Common sense of loan interest
(1) The interest rate conversion formula for RMB business is (note: common for deposits and loans):
1. daily interest rate (0/000)= annual interest rate (%)÷360= monthly interest rate (‰)÷30, and monthly interest rate (‰) = annual interest rate (%)÷ 12.
(2) Banks can use the cumulative interest method and transaction interest method to calculate interest.
1. Accumulate the account balance according to the actual number of days, and multiply the accumulated amount by the daily interest rate to calculate interest. The interest calculation formula is: interest = accumulated interest × daily interest rate, where accumulated interest = total daily balance.
2. The interest calculation method is to calculate the interest one by one according to the predetermined interest calculation formula: interest = principal × interest rate × loan term.
There are three specific points: If the interest period is a whole year (month), the interest formula is as follows: ① Interest = principal × number of years (months) × annual (month) interest rate. If the interest period is a whole year (month) and a few days,
The interest calculation formula is: ② Interest = principal × year (month) × year (month) interest rate principal × fractional days × daily interest rate. At the same time, banks can choose to convert the interest period into actual days to calculate interest, that is, 365 days per year (366 days in leap year) and actual calendar days per month.
The interest calculation formula is: ③ Interest = principal × actual days × daily interest rate. These three formulas are essentially the same, but because the interest rate conversion only takes 360 days a year, it takes 365 days a year to calculate the actual daily interest rate, and the result will be slightly biased. According to which formula, the central bank gives financial institutions the right to choose independently. Therefore, the parties and financial institutions can agree on this in the contract.
(3) Compound interest: Compound interest refers to charging interest at a certain interest rate. According to the regulations of the central bank, the borrower will receive compound interest if he fails to repay the interest at the time agreed in the contract.
(4) Penalty interest: If the lender fails to repay the bank loan within the prescribed time limit, the penalty interest charged by the bank to the defaulting party according to the contract signed with the parties is called bank penalty interest.
(5) loans overdue liquidated damages: the liquidated damages to the defaulting party are of the same nature as the penalty interest.
(six) the formulation and filing of interest calculation methods