Can the bank loan be changed?

Can the number of loan periods be changed?

First, yes.

the term of the loan can be changed. You can apply for early repayment after one year of repayment. The prepayment amount is generally an integer multiple of 1,, and you can apply for changing the loan term at the same time. It should be noted that each bank has different requirements for advance payment. Before applying, you need to carefully check the requirements of your loan contract. There may be a handling fee for advance payment. Some buyers will adjust the loan term according to their own economic situation. Usually, the repayment period cannot be changed directly, but if you negotiate with the bank, you can change the repayment period. In addition, you can go to the bank to pay in advance. Of course, prepayment must mean that you can directly repay tens of thousands of principal to the bank when you have spare money. There are two options after prepayment: first, the repayment period remains unchanged and the monthly repayment amount decreases; Second, the monthly repayment amount is unchanged and the repayment period is shortened.

ii. related contents of bank loans

1. loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other lending funds. Banks put the concentrated money and monetary funds out through loans, which can meet the needs of society to expand reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.

2. The "three principles" refer to safety, liquidity and efficiency, which are the fundamental principles of loan operation of commercial banks. Article 4 of the Law of the People's Republic of China on Commercial Banks stipulates: "Commercial banks shall operate independently, bear their own risks, be responsible for their own profits and losses and be self-disciplined, taking safety, liquidity and efficiency as their operating principles."

3. For example, if a long-term loan is granted, the interest rate is higher than that of a short-term loan, and the benefit will be good, but if the loan term is long, the risk will increase, the safety will decrease and the liquidity will become weak. Therefore, the "three natures" should be harmonious, so that there can be no problem with loans.

can the loan term be changed from 1 years to 2 years?

if the loan contract has not been signed, the loan period of 2 years can be changed to 1 years, because the previous loan period of 2 years is only a verbal agreement. And the loan contract has been signed, so the loan period can not be changed after 2 years. Usually only mortgage can apply for such a long loan term, so users must seriously consider it when signing a loan contract and choosing a loan term.

However, this process needs to be changed in the credit department of the bank, and a penalty, which is one thousandth of the loan amount, should be paid. If there is still 1 thousand, you have to pay 1. This specific handling method needs you to go to the bank for consultation! Or call the bank's service hotline, CCB 95533, BOC 95566, ICBC 95588 and ABC 95599.

the loan period can be changed.

the bank should review and evaluate the monthly repayment credit during the loan period. If the loan can be repaid on time every month without default and the personal credit qualification has no bad record, the bank can change the repayment period for it.

steps/methods

1. The borrower shall repay the mortgage loan in full and on time;

2. If the borrower suffers from serious illness or major changes in his work or family, and other reasons, the borrower shall provide corresponding certificates.

3. The extended loan period (including the borrowed period) shall not exceed 3 years at the longest (the second-hand house shall not exceed 2 years).

4. Operation process:

(1) When the borrower applies to Bank of Communications for extending the loan term, the following materials shall be provided:

1. Original House Mortgage Loan Contract;

2. Original Certificate of Property Rights of the purchased house (if any).

(2) After the examination and approval of Bank of Communications, the parties concerned sign the Change Agreement.

(3) notarize the change agreement.

(4) go through the supplementary insurance procedures.

(5) go through the registration formalities for the change of loan term.

I hope it helps you!

can the loan term be changed?

A: The loan life of mortgage can be changed. You can apply for early repayment after one year of repayment. Generally, the amount of early repayment is an integer multiple of 1,, and you can apply for changing the loan life at the same time. It is not possible to extend the term, but it can be shortened. Go to the bank to apply for early repayment, usually with the same amount, which will shorten your loan term and improve your repayment frequency.

1. Is it ok to repay part of the mortgage in advance to change the fixed number of years?

If the bank allows the repayment period to be shortened, but the monthly payment amount remains the same, then the repayment period can be changed in advance. And some banks can only modify the monthly repayment amount and cannot shorten the term of mortgage. Therefore, users should repay part of their mortgage in advance, and it is best to consult the bank in advance, which can't meet their own needs, so paying back part in advance can only reduce interest.

second, what should I pay attention to when repaying the mortgage in advance?

the first point: prepayment requires an appointment application, and prepayment requires time. Most banks can apply for prepayment after one year of loan application, and some banks, such as Huaxia Bank, can make prepayment at any time.

second point: the borrower usually needs to make a phone call or a written request to repay the loan in advance. At that time, he will go to the bank with his ID card and loan contract to go through the relevant prepayment procedures. The prepayment of the loan can be paid in part or all at once. If the final loan payment is settled, the bank can calculate the total loan interest and deposit the repayment amount into the repayment bank card.

third point: when repaying the mortgage in advance, you should also pay attention to the change of interest. The calculation method of interest rate after interest rate reduction and the new interest standard will be recalculated in the first month of the following year. Therefore, the borrower should pay attention to seize the opportunity when repaying the loan in advance and pay off the loan in advance as much as possible in the previous year.

fourth point: if the loan is paid off in one lump sum, you must remember to surrender the loan in advance after the loan is paid off, and then the bank will issue a settlement certificate. The borrower calls the insurance company with the original settlement certificate, the original copy of the original policy and the invoice to make an appointment to surrender.

can the bank loan term be changed?

the loan period can be changed. The user has signed a loan contract, and the loan period agreed in the contract is not allowed to be changed. When choosing the loan term, users should consider the future repayment ability and the current economic situation, so as to choose the appropriate loan term

Can the personal commercial loan term be changed?

the loan period can be changed. For example, in order to pay less interest in the future, we can negotiate with the bank to shorten the loan period to 15 or 1 years.

the bank should review and evaluate the monthly repayment credit during the loan period. If the loan can be repaid on time every month without default and the personal credit qualification has no bad record, the bank can shorten the repayment period for it. Reducing the loan life is equivalent to shortening the loan life and the principal part of the loan by repaying the loan in advance.

Extended information:

For the loan renewal business, the Circular requires banking financial institutions to effectively manage the whole process of loans, including mastering the information of small and micro enterprises through multiple channels, ensuring that they meet the new conditions for issuing loans, strengthening internal control over the loan renewal business, marking the loan renewal separately in the credit system, and strengthening post-loan management.

do a good job in field investigation and return visit to customers, dynamically pay attention to the borrower's operation, finance and capital flow, improve the frequency of inspection and evaluation of risk classification of renewed loans, and prevent artificial manipulation of loan risk classification.

at the same time, CBRC requires banking financial institutions to strengthen loan risk management accordingly. Banking financial institutions should formulate corresponding risk management systems, establish business operation procedures, define customer access and business authorization standards, reasonably design and improve contracts and other supporting documents, and improve information technology systems.