What is the mortgage interest rate of Guangzhou HSBC? Is it cost-effective to repay the loan in advance?

What is the expected annualized interest rate of Guangzhou HSBC mortgage? Is it cost-effective to repay the loan in advance? Only customers with the highest expected annualized mortgage interest rate of Guangzhou HSBC can enjoy the lowest discount of 10% of the expected annualized mortgage interest rate. /kloc-If the repayment is made in advance within 0/-2 years, the repayment penalty is the largest. If you want to repay in one lump sum, you'd better choose to repay after 3 years. If only part of the loan is repaid in advance, it can be started after 2 years.

Expected annualized interest rate of loan

The loan of Guangzhou HSBC Bank is approved for 5 days, and the loan is granted for 20 days, and the loan is granted for about one month. The most common expected annualized interest rate for loans is 96%, and the lowest expected annualized interest rate for loans above 200 is 10%.

10% discount for loans of more than 2 million, 500,000-2 million discount for new houses and 800,000-2 million discount for second-hand houses, which may rise to a discount or benchmark according to user qualifications; /kloc-you can lend money about 0/month.

Repay the loan in advance

Lump sum:

1 and 1-2 years for prepayment, and the bank will charge 2% of the principal (minimum 20,000 yuan) as penalty.

For early repayment within 2.2-3 years, the bank will charge 1% of the principal (minimum 10000 yuan) as penalty.

After 3.3 years, there was no punishment.

Only partial repayment:

1 and 1-2 years, the bank will charge 2 months' interest on the repayment amount as penalty (minimum 4,000 yuan).

After 2.2 years, there was no fine.

Repayment methods: equal principal and interest (the monthly repayment amount remains unchanged), average capital (the monthly repayment amount decreases and the first month is the largest), biweekly fixed repayment, and deferred repayment of principal and interest.

The common level of the expected annualized interest rate of the mortgage of HSBC in Guangzhou is 96%, and the preferential rate of the expected annualized interest rate is not large. Only loans of more than 2 million can enjoy a 10% discount. In addition, if the repayment is made in advance in the first two years, the amount of liquidated damages is large and uneconomical.