What is the latest regulation of Bank of Communications prepayment in 2023?

1. What is the latest regulation of Bank of Communications on prepayment in 2023?

According to the latest regulations of Bank of Communications, the prepayment cannot be less than 6 times of the monthly repayment amount, and the maximum repayment amount cannot exceed 35% of the monthly repayment amount. Some advance payments can be paid back once a year for free. All prepayments are subject to liquidated damages, and 65438+ 0% of the current repayment amount is charged.

2. Does Bank of Communications need to pay liquidated damages for repaying the loan in advance?

Hello, you have to pay liquidated damages. Now Bank of Communications needs to charge 1% of the outstanding principal as liquidated damages, plus the current month's interest. If you pay more in advance, it will be worthwhile.

Third, the latest provisions of Bank of Communications mortgage prepayment

According to Bank of Communications, the minimum repayment amount of mortgage is not less than 6 times of the monthly repayment amount, and the maximum repayment amount is not more than 35% of the monthly repayment amount. Some prepayment can be free every year.

Those who repay in advance must pay liquidated damages and collect the specific repayment amount of the current repayment loan.

If the repayment is 6,543,800 yuan after one year, after the repayment is successful, the following methods can generally be adopted: 654.38+ 0 to shorten the service life. 2. Ways to reduce the monthly repayment. It is more cost-effective to shorten the service life.

Extended data:

Personal housing loan is a kind of consumer loan, which refers to the loan issued by the lender to the borrower for the purchase of ordinary housing for personal use. When a lender issues a personal housing loan, the borrower must provide a guarantee.

If the borrower fails to repay the principal and interest of the loan at maturity, the lender has the right to dispose of its collateral or pledge according to law, or the guarantor shall be jointly and severally liable for repaying the principal and interest.

The object of the loan is a completely civil bank.

The loan conditions are that urban residents are used for self-discussion, have the ability to repay the principal and interest, have good credit, have a down payment for buying a house, and have a loan guarantee recognized by the bank.

Personal housing loans are limited to the purchase of self-occupied ordinary housing and urban residents' self-occupied housing, and may not be used to purchase luxury housing.

The way to repay the principal and interest of the loan shall be agreed by the borrower and the borrower, and shall be specified in the loan contract.

The loan bank will repay the principal and interest in one lump sum at maturity, and the interest will be paid off together with the principal. If the loan term exceeds 1 year, the principal and interest of the loan shall be repaid monthly in the form of equal principal repayment and equal principal and interest repayment.

Average capital plus interest

Matching principal and interest repayment method means that the borrower repays the loan with the same amount every month (commonly known as "monthly payment").

Repayment characteristics: equal principal and interest, that is, the sum of monthly repayment principal and interest is equal.

This repayment method is easy to do. The initial repayment interest accounts for the monthly follow-up repayment, the proportion of principal gradually increases, and the proportion of interest gradually decreases. The repayment method is suitable for general.

Calculation party of equal principal and interest repayment

Matching principal and interest repayment amount (monthly repayment amount) = [loan principal × monthly interest rate ×( 1 monthly interest rate )× repayment months ]=[( 1 month)

Average capital

The average capital repayment method means that the borrower repays the principal in equal amount every month, and the loan amount decreases month by month, so it is also called the diminishing method.

Characteristics of repayment: the repayment of principal is the same as monthly repayment, and the interest is calculated on a daily basis according to the loan principal amount. The early repayment is large, and the monthly repayment is gradually reduced. The interest paid by this repayment method is low, but the pressure of prepayment is great. This repayment method is suitable for families with better economic income.

Calculation formula of equal principal repayment:

Monthly repayment amount = (loan principal/repayment months) (principal amount) × monthly interest rate.

Fourth, the latest provisions of Bank of Communications mortgage prepayment.

According to Bank of Communications, the minimum repayment amount of mortgage is not less than 6 times of the monthly repayment amount, and the maximum repayment amount is not more than 35% of the monthly repayment amount. Some advance payments can be paid back once a year for free. All prepayments are subject to liquidated damages, and 65438+ 0% of the current repayment amount is charged. However, the specific repayment amount of Bank of Communications mortgage prepayment still needs to be implemented in accordance with the contract. If the repayment is 6,543,800 yuan after one year, after the repayment is successful, the following methods can generally be adopted: 654.38+ 0 to shorten the service life. 2. Ways to reduce the monthly repayment. It is more cost-effective to shorten the service life. Extended data:

Personal housing loan is a kind of consumer loan, which refers to the loan issued by the lender to the borrower for the purchase of ordinary housing for personal use. When a lender issues a personal housing loan, the borrower must provide a guarantee. If the borrower fails to repay the principal and interest of the loan at maturity, the lender has the right to dispose of its collateral or pledge according to law, or the guarantor shall be jointly and severally liable for repaying the principal and interest. The loan object is a natural person with full capacity for civil conduct. The loan conditions are that urban residents use it to buy ordinary houses for their own use, have a house purchase contract or agreement, have the ability to repay the principal and interest, have good credit, and have a down payment of 30% of the funds needed for house purchase and a loan guarantee recognized by the bank. Personal housing loans are limited to the purchase of self-occupied ordinary housing and urban residents' self-occupied housing, and may not be used to purchase luxury housing. The way to repay the principal and interest of the loan shall be agreed by the borrower and the borrower, and shall be specified in the loan contract. If the loan term is within 65,438+0 years (including 65,438+0 years), the principal and interest will be repaid in one lump sum at maturity, and the interest will be paid with the principal. If the loan term exceeds 1 year, the principal and interest of the loan shall be repaid monthly in the form of equal principal repayment and equal principal and interest repayment. Matching principal and interest matching principal and interest repayment method means that the borrower repays the loan principal and interest with the same amount every month (commonly known as "monthly payment"), referred to as "matching method" for short. Repayment characteristics: equal principal and interest, that is, the sum of monthly repayment principal and interest is equal. This repayment method is easy to make a good repayment budget and reduce the initial repayment pressure, but interest accounts for most of the monthly repayment amount in the initial repayment. In the subsequent repayment, the proportion of principal gradually increased and the proportion of interest gradually decreased, thus achieving a relative balance. This repayment method is suitable for ordinary wage earners. Calculation method of equal principal and interest repayment method: equal principal and interest repayment amount (monthly repayment amount) = [loan principal× monthly interest rate× (1interest rate) repayment months ]=[( 1 interest rate) repayment months-1] average capital average capital repayment method means that the borrower repays the principal in equal amount every month, and the loan interest follows the principal month by month. Characteristics of repayment: the repayment of principal is the same as monthly repayment, and the interest is calculated on a daily basis according to the loan principal amount. The early repayment is large, and the monthly repayment is gradually reduced. The interest paid by this repayment method is low, but the pressure of prepayment is great. This repayment method is suitable for families with better economic income. Calculation formula of equal principal repayment: monthly repayment amount = (loan principal/repayment months) (principal-accumulated amount of repaid principal) × monthly interest rate.