It can be changed to average capital, but basically the bank will not allow it to be changed in the first year, which will take at least 12 months, and the borrower's monthly income should be more than twice the initial monthly principal of this account.
According to the specific situation:
1. In the process of mortgage repayment, whether the repayment method can be changed is different for each bank.
2. Check whether there is any relevant agreement in the loan contract and exercise it according to the regulations.
3. If there is no agreement to change the repayment method, please ask the staff.
4. Some banks can re-select new repayment methods after partial prepayment.
5. The specific situation shall be subject to the requirements of the bank.
First, the application conditions:
1, with China nationality (excluding Hong Kong, Macao and Taiwan residents).
2. The age is 20-55 years old.
3. You can apply for a stable job with a monthly income of less than 2,000 yuan.
4. No bad repayment record.
The process is:
1. Submit the application materials. Submit them for ratification 3. Sign a loan contract. Never charge any fees.
Identify commercial banks, determine the subject of applying for loans, and discuss with account managers. If the account manager thinks that it meets the requirements on the whole, he will generally ask you to provide the information for applying for a loan, including the legality certificate of an individual or a legal person, the legal use certificate of funds, the proof of sufficient solvency, mortgage or guarantee in case of bankruptcy, etc. Other supporting documents required by the bank. After these materials are fully prepared, the bank will examine and approve them (at the meeting), and then go through the mortgage procedures (such as other warrants); Then borrow money
Two, housing mortgage loans need information and conditions:
1. The borrower's valid ID card and household registration book;
2. Proof of marital status, unmarried persons need to provide proof of unmarried, and divorced persons need to issue a civil mediation or divorce certificate (indicating that they have not remarried after divorce);
3. If you are married, you need to provide your spouse's valid ID card, household registration book and marriage certificate;
4. The borrower's income certificate (salary income certificate or tax payment certificate for half a year);
5. Real estate title certificate;
6. Loans can only be made with collateral, and the sum of the loan amount and the interest during the loan period cannot exceed1/2 of the assessed value of collateral;
7. Have a long-term stable income source and proof of income sufficient to pay the monthly loan principal and interest;
Three. The mortgage loan procedure is as follows:
1. Apply for a loan from the bank and sign relevant contracts.
2. The bank issues a loan notice, and then goes to the Housing Authority for mortgage registration and takes out other warrants.
Give his warrant to the bank, and the bank will lend money.
Can the repayment method of bank loans be changed?
First of all, answer directly.
If the loan contract has not been signed and the repayment method is still under discussion, the user can change the repayment method.
Second, the specific analysis
And the loan contract has been signed, then the repayment method of commercial loans can no longer be changed, and the user must repay according to the contract, otherwise it will be regarded as a unilateral breach of contract by the user.
Because when signing the contract, the repayment method is chosen by the user himself, so we must think about which repayment method to choose at this time.
In the process of commercial loan repayment, if the prepayment operation is carried out, the repayment method cannot be changed, but the interest on subsequent loans will be reduced.
Borrowers apply for loans too frequently or operate loans too frequently, which will increase personal credit risk. You can check the personal credit risk index in Winnie Hsin. The higher the risk score, the easier it is for the application to be rejected.
3. Can the mortgage repayment method be changed halfway?
Generally speaking, the repayment method of mortgage cannot be changed in the middle of repayment. After the borrower signs a loan contract with the bank and determines the repayment plan, it is usually impossible to change the repayment method.
However, different bank regulations will be different. For specific suggestions, consult the staff of the loan bank.
And because the repayment method of mortgage is usually impossible to change.
Therefore, when handling mortgage loans, borrowers must choose appropriate repayment methods according to their own actual conditions to avoid excessive repayment pressure caused by inappropriate repayment methods.
There are two main ways of mortgage repayment, equal principal and interest and average principal.
Among them, the equal principal and interest method means that the borrower repays the loan (principal and interest) in the same amount every month within the loan period; In the average capital, the borrower repays the same principal every month during the loan period, and the interest will be less and less with the borrower's continuous repayment.
Although the borrower cannot easily change the repayment method of the mortgage, the borrower can apply for early repayment during the repayment period.
Can the bank repayment method be changed?
If the repayment method of the bank is mortgage, the selected repayment method cannot be changed. Users want to change the repayment method only because their income increases or decreases. By changing the repayment method, it is more or less beneficial to individuals.
There are two repayment methods for mortgage, namely, matching principal and interest and average capital. Under the same loan conditions, the total interest of equal principal and interest repayment is higher than the average capital, but the monthly repayment amount of equal principal and interest of the previous repayment is lower than the average capital.
The interest paid in the early stage of matching principal and interest is more, and the principal paid in the average capital is more, but the repayment pressure of matching principal and interest is lower than the average capital; Users can fully consider their own income in the repayment method, and whether there will be fluctuations in future income.
On the premise that the repayment method of the bank remains unchanged, users can settle the loan in advance or repay part of it in advance, so users can save a lot of interest. For example, users can shorten the repayment time or reduce the monthly repayment amount when repaying part of the mortgage in advance, and choose according to the actual situation.
If the user repays the loan in advance, the bank may charge a certain penalty. You can consult the bank before repaying the loan in advance, and then decide whether to repay the loan in advance according to the number of users with liquidated damages. If the mortgage has reached the late stage, you don't have to pay it back at this time.
Paying off the mortgage in advance requires a telephone appointment. When repaying a mortgage, it is generally an integer multiple of 1 0,000, and you need to bring relevant certificates to handle it. This step is essential if the user needs to go through the formalities of knowing the charge when all the money has been paid off.
If users usually have better investment projects, users can use the money to invest, then the income will be higher than bank loans. At this time, users don't have to consider repaying loans in advance, and they can get higher returns through investment.
Can the repayment method be changed?
Question 1: Can the repayment method of mortgage be changed? You can change the repayment method. Specific operation: You should go to the bank to contact your account manager, fill out an application form, change the repayment method, sign your name and press a red handprint. Change to monthly repayment. Others don't need any formalities, it's very simple.
There are usually two mortgage methods for general mortgage loans. Average capital and equal principal and interest;
The method of monthly fixed amount mentioned by the landlord is equal principal and interest, and the repayment amount is the same every month. At first, it was mostly interest, and the principal was relatively small.
Another commonly used method is the average capital, that is, the principal returned every month during the repayment period is the same, and the interest gradually decreases with the decrease of the principal. The last month's repayment is only the principal.
I hope I can help you.
Question 2: Can the repayment method of mortgage be modified? You can discuss this problem with the bank. After all, you signed a loan contract. You can choose to repay the loan in advance, which can also save loan interest. It is better to choose to reduce the loan time than to reduce the monthly repayment amount. The former is more effective in saving interest than the latter.
Question 3: Can the repayment method be changed? In fact, the repayment method can be changed, but you have to negotiate with the bank and sign a new contract, which is very troublesome. I don't know what your previous repayment method was like, but it's almost the same. Most importantly, if you have money, you can repay in advance, which can reduce your loan interest. If you have savings, it is right not to invest and repay the loan as soon as possible.
Wish you all the best! ! !
In fact, it is correct for you to choose the repayment method of equal principal and interest in advance, so that the repayment amount of each installment is the same and easy to master. The repayment method in the average capital is that the pressure of early repayment is greater and the amount is smaller and smaller, so it is better to save some money for early repayment, which is the most appropriate.
Question 4: Can the way of mortgage loan be changed? A principal and interest repayment method VS principal repayment method Friendly reminder: The difference between principal repayment method and principal repayment method is closely related to repayment time and loan amount. People who want to borrow money to buy a house can choose the repayment method according to the corresponding formula. B repaying the loan in advance: it is still the "principal method" to save money. Some citizens may repay their loans in advance after buying a house. So, in this case, which repayment method saves money? The specific situation, the public can still apply the corresponding formula to calculate. Here, the loan is still 300,000 yuan, with a term of 20 years and a monthly interest rate of 4.2‰. It can be calculated that the principal repayment method is still less interest. If five years later, the citizens pay off the loan in advance in one lump sum, according to the principal and interest repayment method, within five years, the principal has been repaid by 49,457 yuan and the interest is 69,733 yuan, and the remaining principal needs to be paid off in one lump sum. According to the principal repayment method, in five years, the principal has been repaid 75,000 yuan, the interest has been repaid 66,308 yuan, and the repayment of 225,000 yuan is enough. Compared with the two repayment methods, the principal repayment method pays 3425 yuan less interest than the principal and interest repayment method. Bank C: The contract cannot be changed. Since the difference between the average capital repayment method and the matching principal and interest repayment method is so large, can the principal and interest repayment method be changed to the principal repayment method? Yesterday, the reporter interviewed the Industrial and Commercial Bank of China, the largest individual commercial housing loan. A staff member surnamed Chen from the business operation department of the Gulou Sub-branch of the Industrial and Commercial Bank of China, which was the first in Nanjing to engage in personal housing loans, said that since 1995 engaged in personal housing mortgage loans, ICBC Gulou Sub-branch has been using the repayment method of equal principal and interest, which is convenient and concise. Not only banks recommend this method, but also buyers agree with it. As for whether the principal and interest repayment method can be changed into the principal repayment method, so far, banks have not encountered such a thing; I happened to meet it, because the property buyers and banks have signed a loan contract, which has come into effect and is definitely irrevocable. The statements of other banks are basically the same as those of ICBC Gulou Sub-branch, that is, the contract has come into effect and cannot be changed. Lawyer D: Banks have the obligation to inform. At the same time, many citizens require that their mortgages be handled by real estate companies. They only signed a letter and had no idea that there were two repayment methods. In this case, what kind of responsibility should the real estate company bear? In this regard, Zhu Xiaofeng, a lawyer of Nanjing Tongda Law Firm, believes that when buyers need commercial loans from developers, they will borrow from banks through developers, and developers will play a bridge role in the relationship between buyers and banks. As a developer, although it is not the main body of the loan, it does not assume corresponding responsibilities and obligations for the loan contract. However, when communicating with buyers and banks, developers should make it clear to buyers that there are two repayment methods for commercial repayment. In the loan contract signed between the bank and the buyers, it is clearly stipulated that it is obliged to inform the buyers of the advantages and disadvantages of the two repayment methods. In the actual lending relationship, the bank violated this obligation to inform, but at present, the relevant laws in China do not clearly stipulate what responsibilities the bank should bear for violating this obligation, and how the buyer should safeguard his legitimate interests, unless the buyer writes relevant agreements in the contract terms. At the same time, in the house purchase loan contract, if there is a major misunderstanding or obvious obviously unfair, the buyer can ask the bank to cancel or change the relevant terms according to the contract law, that is, change the repayment method.
Question 5: Can the repayment method of mortgage be changed? Hello, you can change the repayment method of the mortgage.
Specific operation:
If you want to go to the bank to contact your account manager for a loan, fill out an application form, change the repayment method, sign your name and press the red handprint.
Change it to monthly repayment, and no other formalities are needed.
There are generally two ways of mortgage loan: average capital and equal principal and interest;
The method of matching principal and interest is to pay a fixed amount every month, and the repayment amount is the same every month. At first, it was mostly interest, and the principal was relatively small.
Another commonly used method is the average capital, that is, the principal returned every month during the repayment period is the same, and the interest gradually decreases with the decrease of the principal, and the repayment amount in the last month is only the principal.
Remarks: Personal banking agreement is required for the specific repayment method.
Question 6: Can the repayment method and term of mortgage be changed? How many times can I change it? This term can be changed.
But if you want to change the repayment method from average capital to equal principal and interest, or from pure business to provident fund or mixed, it is not allowed.
The time limit cannot be changed at will. Generally, you can apply for an early market loan after one year of loan. At this time, you can apply for the same repayment amount and shorten the repayment period. Although there is no limit on the number of times, the bank will definitely not agree to change it this month and next month.
Return it in advance this year, and return it in advance next year. There is no limit to the number of times you can apply for the deadline for repaying the loan in advance.
You'd better consult your loan bank. Because different banks have different policies.
Question 7: Can a bank loan change the repayment method? Hello, generally not, because: 1. A loan contract has been signed, and the loan method and repayment method have been agreed; 2. The relevant information has been established in the banking system, which is very troublesome to modify. The bank will not change it casually.
Question 8: I want to change the way of mortgage repayment. Are some banks allowed to change, some are not allowed, and some need to pay liquidated damages? You have to consult yourself.
You have paid off the loan for two years. If you pay the same amount of principal and interest, you have already paid a lot of interest. It's a bit of a loss to repay the loan in advance in this way, and you have paid a considerable interest. But now you can think it's a good deal, but it may not save much. I want to know the amount of your loan. If the amount is large, there is still a lot of money to save.
Question 9: Can I change the payment method by credit card? I say use enough, unless you don't work. Moreover, if China Merchants Bank wants to increase the credit line in the future, it is best to choose the "full repayment" method.
Full repayment:
This is easy to understand. . I won't explain. . .
Minimum repayment amount:
65,438+00% of the current consumption amount, 65,438+00% of the current overdraft cash, and the interest and expenses of this month that should not be paid back last month.
Difference:
Full repayment, without any interest and expenses;
For the minimum repayment amount, the rest will pay the interest fee with the daily interest rate of 0.5 ‰ (but it will not affect the personal credit record).
Question 10: Can prepayment change the repayment method? Average capital repayment method: the monthly repayment principal remains unchanged, and the interest gradually decreases. During this period, if you choose to repay the loan in advance, the repayment principal will be more and the interest expense will be relatively reduced;
Equal principal and interest repayment method: the monthly repayment amount is equal, the interest expense is the largest and the principal is the least in the initial repayment period, and then the interest paid is gradually reduced and the principal is gradually increased. Therefore, experts pointed out that although the earlier the repayment, the less the interest burden, but also depends on what kind of loan.
Because the interest paid when repaying the loan in advance is non-refundable, after the same loan for a period of time, the interest paid by the equal principal and interest repayment method will be higher than that by the average capital repayment method. Therefore, if the buyer wants to repay the loan in advance from the beginning, and the loan period is not very long, it is best to choose the average capital repayment method.
Another financial planner initially calculated that, taking the loan life of 20 years as an example, in the first 8 years of repayment, the repayment method of equal principal and interest was less than that of average capital, and then the repayment method of average capital in 12 years was less than that of equal principal and interest.
This is the end of the introduction about whether the loan repayment method can be changed and whether the provident fund loan repayment method can be changed. I wonder if you have found the information you need?