Today we discuss the subject of early repayment of mortgages. In more detail, the early repayment of the loan is the decision to pay the principal and interest of the loan in advance within the prescribed early repayment amount during the period of the loan. You might wonder if you can do this on your phone and what kind of material you need. Let's figure these out together。

Is it operational on the mortgage phone

First of all, I'm sorry to inform you that you can't use your cell phone to complete the whole early repayment process. This is because you first have to apply to the bank for an advance repayment, pending approval by the bank. The simple transfer of the money to Kari would not be useful and the bank would continue to withhold it as planned and would not exceed your repayment plan. So what you have to do is call the bank, make an appointment and submit a written request for early repayment to the bank site at the agreed time with the relevant documents. Once approved by the bank, you can transfer the refunded funds to the repayment account, pending deduction from the bank。

It should be noted, however, that some banks have special requirements for early repayment, such as the requirement that borrowers pay at least for a certain period of time, such as half a year or one year, in order to process early repayment. If you haven't had the required time, you might not have been able to repay the mortgage in advance。

As for the material you need to prepare, this generally includes a mortgage contract, an identification card, and an application for early repayment. The specific material may vary from bank to bank, so please consult your bank before reimbursement. Applications for early repayment, as well as requests for early repayment under the mortgage contract, need to be carefully examined. Then you need to go to the bank in person, take the relevant documents and process the early payment。