ICBC sent a text message saying that the first-hand housing loan has been issued and asked me to pay it back on the 25th of next month. Don't you need to sign a loan contract?

It is suggested to sign a loan contract in time, clarify the rights and obligations of both parties, and reduce unknown risks and unnecessary disputes.

Choose the right mortgage repayment method:

1, installment repayment method is suitable for young people. Because young people and college students have just joined the work and are short of funds, this repayment method allows customers to have a grace period of 3-5 years, and they only need a few hundred yuan each month to start repayment. Five years later, with the increase of income and the consolidation of economic foundation, repayment will also increase into a normal repayment method.

2. The repayment method of average capital is suitable for high-income people. With equal principal repayment, the borrower can gradually reduce the burden with the increase of repayment period. This repayment method is to allocate the principal to each month and pay off the interest between the previous repayment date and the current repayment date. Under the same conditions, the total interest paid by this repayment method is less than the equal principal and interest, and the repayment burden will be gradually reduced with the passage of time. However, because the interest is decreasing, the monthly payment in previous years will be higher than the equal principal and interest, which is very stressful, so this repayment method is more suitable for people with high income and low repayment pressure.

3. Equal principal and interest repayment method is suitable for people with stable income. Matching the principal and interest is to add up the total principal and interest of the mortgage loan and then share it equally every month during the repayment period. As a repayment, he pays a fixed amount to the bank every month, but the proportion of principal in the monthly repayment increases month by month, and the proportion of interest decreases month by month. It can be seen that families with stable income and economic conditions do not allow excessive investment in the early stage can choose this method.

The method of paying interest quarterly and monthly is suitable for people engaged in business activities. One-time repayment of principal and interest refers to the repayment method of repaying all the loan interest and principal at one time on the loan maturity date. For small enterprises or individual operators, it can reduce the repayment pressure.

5. Refinancing. Re-mortgage means that the new loan bank helps customers find a guarantee company, pays off the money of the original loan bank, and then reapplies for a loan at the new loan bank. If your current bank can't give you a 30% discount on mortgage interest, you can completely jump ship and find the most affordable bank. Because of the fierce competition, some banks are willing to help you.

6. Adjust the interest rate every month. Under the current trend of interest rate cuts, if citizens choose a fixed mortgage interest rate before, it will be more cost-effective to quickly switch to floating interest rates. However, changing from "fixed" to "floating" requires a certain penalty.

7. Deposit interest every two weeks. Biweekly repayment shortens the repayment period and is higher than the original monthly repayment frequency. In this way, the principal of the loan decreases faster, which means that the loan interest returned during the whole repayment period will be far less than the loan interest returned at the time of monthly repayment, and the principal decreases faster. Therefore, the repayment period is shortened and the total expenditure of the borrower is saved. For people with stable jobs and incomes, it is more appropriate to choose biweekly payment.

8. Repay the loan in advance to shorten the term. Settle accounts before repaying the loan in advance, because not all prepayment can save money. For example, if the repayment period is over half and the principal in the monthly repayment amount is greater than the interest, then the significance of early repayment is not great. In addition, after some loans are repaid in advance, the remaining borrowers should choose to shorten the loan period instead of reducing the monthly repayment amount. Because the interest charged by banks is mainly calculated according to the time cost occupied by the loan amount, shortening the loan period can effectively reduce interest expenses. If the loan term is shortened, it can be classified into a term grade with lower interest rate, and the effect of saving interest will be more obvious. Moreover, in the process of interest rate reduction, the interest rate of short-term loans tends to fall even more.

9, provident fund transfer owing on the loan. When applying for portfolio loans to buy a house, on the one hand, we should make full use of provident fund loans, extend the loan life as much as possible, and minimize the monthly repayment of provident fund while enjoying the benefits of low interest rates; Try to shorten the life of commercial loans and increase the monthly repayment amount of commercial loans as much as possible within the family's economic affordability. In this way, the monthly contribution structure will show a state of less provident fund share and more business share. After the provident fund account is used to offset the monthly payment of the provident fund, the balance can be used to offset commercial loans, thus saving considerable interest.

Therefore, for the mortgage family, choosing the right repayment method can actually save a lot of money.