How to repay the mortgage of Hebei Bank?

The mortgage of Hebei Bank can be repaid online or at the counter. The repayment date of Hebei Bank's mortgage is 20th of each month. Users can go to the counter of Hebei Bank to handle the mortgage repayment business. You can also deposit the monthly repayment principal and interest into the deducted bank card to avoid overdue repayment. Bank of Hebei was established on May 28th, 1996. It is one of the first five pilot cities in China and the earliest city commercial bank in Hebei Province.

Mortgage repayment method of Hebei Bank

Paying off the full amount in advance means paying off the mortgage in one lump sum. After the bank submits the application for repayment, just put the money on the repayment card. After repayment, you need to go to the local housing authority to cancel the mortgage and provide relevant information according to the requirements of the housing authority. After repayment, the property right of the house will completely belong to the buyers.

Repay part of the mortgage in advance. Repaying part of the mortgage in advance can be divided into two types. One is to gradually shorten the repayment period when the monthly repayment amount is fixed. The other is that the monthly repayment amount is reduced, but the repayment period remains unchanged. The advantage of the first method is that it can reduce interest, and the advantage of the latter method is that it can reduce the monthly supply and relieve the pressure of monthly supply.