The process of ICBC's mobile phone repaying mortgage in advance

ICBC prepayment mobile phone operation method:

1. Log in to the mobile version of China Industrial and Commercial Bank APP.

2. Find the housing loan that needs to be repaid in advance in "My Loan". Click to enter the "Contract Details" page.

3. Click the "prepayment" button at the bottom of the page. Enter the "My IOU" page, click the IOU to be returned, and enter the "repayment on schedule" business.

4. Enter the repayment date, repayment method and repayment amount, and then click OK.

Mortgage loan, also known as house mortgage loan. Mortgage means that the buyer fills in an application for mortgage loan to the bank and provides legal documents such as ID card, income certificate, house sales contract and guarantee letter. The bank promises to issue loans to the buyer after passing the examination, and handle 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 seller's account within the time limit stipulated in the contract.

housing loans

Personal housing loan refers to the loan issued by the bank to the borrower for the purchase of ordinary housing for personal use. The borrower must provide a guarantee when applying for a personal housing loan. Personal housing loans mainly include entrusted loans, self-operated loans and portfolio loans. entrusted loan

Personal housing entrusted loan refers to the loan issued by the bank to individuals who purchase ordinary housing as required, and the source of funds is housing provident fund deposits. Also known as provident fund loans.

Self-operated loan

Personal housing self-operated loan is a loan issued to individual buyers with bank credit funds as the source. Also known as commercial personal housing loans, the loan names of banks are different. China Construction Bank is called individual housing loan, and Industrial and Commercial Bank and Agricultural Bank are called individual housing guarantee loan.

Consortium lending

Personal housing portfolio loan refers to a loan issued to the same borrower by using housing provident fund deposits and credit funds to purchase self-occupied ordinary housing, which is a combination of personal housing entrusted loans and self-operated loans. In addition, there are housing savings loans and mortgage loans.

Mortgage repayment methods: average capital, equal principal and interest, biweekly payment, etc.

Loan amount: 80% of the loanable property value after passing the bank review.

Down payment on mortgage: 30% down payment is required for the first home mortgage loan and 50% down payment for the second home mortgage loan.

Loan life: 30 years for first-hand houses and 20 years for second-hand houses. At the same time, the loan period plus the applicant's age should not exceed 70 years old.

Loan interest rate: the benchmark interest rate for the first set of housing loans over five years is 6.55%, and the interest rate for the second set of housing loans is 1. 1 multiple of the benchmark interest rate, that is, 7.26%.